Mitsui & Co., a global trading and investment company, has signed a strategic partnership agreement with Quantinuum, a leading quantum computing company, to collaborate in the delivery of quantum computing in Japan and the Asia-Pacific region.
Mitsui and Quantinuum have entered this strategic partnership to develop quantum computing use cases, which are expected to drive significant business transformation and innovation in the future. Together, they will create quantum applications and deliver value-added services to enterprises operating in various quantum computing fields, which are anticipated to be valued at US$450B – US$850B globally by 2040.
“We are very pleased with the strategic partnership between Mitsui and Quantinuum. By combining Quantinuum’s cutting-edge quantum computing expertise and diverse quantum talents with Mitsui’s broad business platform and network, we will work together to provide new value to our customers and create new business value in a wide range of industrial fields.”
Yoshio Kometani, Representative Director, Executive Vice President, and Chief Digital Information Officer of Mitsui & Co., Ltd.
Details Of The Partnership
- Joint development of business use cases and business models utilizing quantum computing (pharmaceutical, materials development, energy, mobility, logistics, etc.)
- Market development through dissemination and sharing of quantum computing knowledge.
- Introduction of Quantinuum’s quantum computing solutions to the Japanese and Asia-Pacific markets.
Collaboration Areas And Applications
- Quantum computational chemistry (pharmaceutical, chemical, energy industry, etc.)
- Quantum cybersecurity.
- Various optimization applications using quantum computers.
- Quantum natural language processing and artificial intelligence.
“The alliance between Mitsui and Quantinuum demonstrates our shared commitment to accelerating quantum computing across all applications and use cases in a diverse range of sectors, including chemistry, finance, and cybersecurity. Today’s announcement reinforces our belief in the global quantum leadership shown by corporations and governments in Japan, pioneered by corporate leaders like Mitsui.”
Ilyas Khan, Founder and CEO of Quantinuum.
