Xanadu and the Korea Institute of Science and Technology are collaborating to expand industrial applications of quantum computing.

Xanadu And The Korea Institute Of Science And Technology Are Collaborating To Expand Industrial Applications Of Quantum Computing.

Xanadu, a Canadian-based world leader in photonic quantum computing, has collaborated with South Korea’s multifunctional national research institute, the Korea Institute of Science and Technology (KIST), to broaden industrial use cases for quantum computers. The collaboration will concentrate on the advancement of quantum algorithms for next-generation lithium-ion batteries as well as the optimization of quantum computing hardware.

Through the use of quantum computers, there will be more accurate and efficient simulation of battery materials, meaning developments of batteries with higher energy storage, longer-lasting charging, more ethical development, and increased safety for electric vehicles.

“We are excited to welcome KIST to our expanding list of top-tier research partners and continue our work in quantum chemistry and beyond. We are also excited that PennyLane, Xanadu’s open-source software library for quantum computing and application development, will be utilized to expedite the research throughout our collaboration.”

Christian Weedbrook, Xanadu founder and Chief Executive Officer

Xanadu, founded in 2016, focuses on developing quantum algorithms and applications for fault-tolerant quantum computers (FTQC) used to create next-generation batteries. Material design, notably battery development and photonic FTQC development, will be the key to Xanadu’s success in its objective to produce quantum computers that are practical and accessible to everyone.

Xanadu And The Korea Institute Of Science And Technology Are Collaborating To Expand Industrial Applications Of Quantum Computing.
Xanadu CEO Chirstian Woodbrook and KIST President Yoon Seok-jin.

KIST, which employs over 2,000 world-class scientists, aspires to create a brighter future by increasing the quality of life for everybody, and believes that unleashing the potential of quantum computing will be critical to attaining this goal. KIST will use its current industrial infrastructure and manufacturing skills in South Korea, in addition to its scientific expertise, to expedite the development of quantum hardware and, as a result, the industry’s adoption of quantum computing.

“We have been thoroughly impressed with Xanadu’s success to date — remarkably their most recent demonstration of quantum computational advantage with Borealis — and are excited to join them in this research initiative. This partnership expands our reach and is another big step forward for both countries to advance the field of quantum computing, drive economic growth, create jobs and build on a better quantum future.”

 Seok-Jin Yoon, President of KIST.

Read more about it here.