Press release of HQS QUANTUM SIMULATIONS GmbH
Quantum Software Start-up HQS and Quantum Hardware Start-up AQT combine their forces to create the future
HQS Quantum Simulation / AQT – April 06, 2020 – HQS Quantum Simulation and Alpine Quantum Technologies (AQT) are pleased to announce they have entered a global strategic partnership, combing HQS’s experience in providing software to facilitate the upcoming revolution in computer-aided materials design with AQT’s know-how on ion-trap quantum computing.
Predictive simulations are key to the development of materials, as well as their application in structural design. HQS develops software for material simulation and has released the free, easy to use platform SCCE for the simulation of lattice models. SCCE is a cloud-based quantum computing platform for a wide range of users. Within this cooperation, AQT provides its quantum computers as a backend to SCCE.
“Currently we solve strongly correlated lattice models using DMRG (Density Matrix Renormalization Group). However, no matter how optimized the method may be, classical computer are fundamentally limited”, says Michael Marthaler CEO of HQS Quantum Simulations, “While it will take a while for quantum computers to overtake existing methods, we intend to allow for the solution of small toy models on the AQT quantum computer.”.
AQT is a leading start-up in the race to build a quantum computer. A spin-off from Innsbruck University and the Austrian Academy of Sciences, AQT realizes quantum computers based on the individual manipulation of trapped charged atoms. The ion-trap platform has intrinsically low error rates and can be readily scaled up to larger systems.
AQT provides cloud-access to its quantum computer for a wide range of applications. “Chemistry and materials are governed by the rules of quantum mechanics. The challenge is to merge chemistry understanding with quantum programming.” says Thomas Monz, CEO of AQT, “Combining the theory and software experience of HQS with the hardware and engineering expertise of AQT will significantly facilitate user- and application-driven progress in this field”.
The second quantum revolution
There is no doubt that the quantum revolution is coming. Quantum technology is playing an increasingly critical role in every aspect of business. More and more companies recognize that they need to accelerate the development of digital solutions to ensure they remain on the competitive vanguard.
One of the greatest challenges in the development of quantum computers is considered the highly complex interaction of hardware and software. Two European Start-ups, each a pioneer in its field, HQS Quantum Simulations, one of the top European Quantum Software Start-ups and AQT, one of the top Quantum Computing Hardware Providers can provide the solution and will work together offering a broad range of innovative applications in various fields of industry and academia.
HQS algorithms are developed to work both on conventional state-of-the-art computers and on quantum computers. The collaboration allows customers direct access to quantum chemistry software solutions from HQS that can be immediately implemented on an AQT ion-trap quantum computer in Innsbruck, Austria, via Cirq. Customers will directly benefit from the performance advantage of quantum computers of their classical counterparts.
Alpine Quantum Technologies GmbH (AQT): www.aqt.eu
HQS Quantum Simulations GmbH: https://quantumsimulations.de/
About Alpine Quantum Technologies (AQT)
AQT is a quantum computer startup located in Innsbruck, building on decades of experimental and theoretical expertise in the field of quantum information processing. The goal of AQT is to get quantum technologies out of a laboratory environment and turn these technologies into everyday products. The long-term goal is a quantum computer based on trapped ions that is installed in normal IT infrastructure and can be readily operated from any PC or laptop.
About HQS Quantum Simulations
HQS Quantum Simulations is developing quantum algorithms to predict molecular properties for performance materials, specialty chemicals and pharmaceutical companies. The HQS algorithms work both on conventional state-of-the-art computers and on quantum computers, allowing our clients to already tap into the potential of this new technology. We offer to increase the speed and efficiency of product development processes for our customers, widen the understanding of chemical and physical interactions which leads to better products and processes and faster development cycles.