Alice & Bob chosen for France’s PROQCIMA $548M quantum computing initiative

French quantum computing startup Alice & Bob has introduced that it’s certainly one of 5 firms chosen by the French Ministry for Armed Forces to take part in France’s PROQCIMA initiative, the nation’s nationwide quantum computing program.

The PROQCIMA initiative is a key part of France’s Nationwide Technique for Quantum, which goals to catapult the nation right into a management place within the quantum computing area. The PROQCIMA initiative is funded to the tune of €500 million ($548 million) and designed to foster competitors and collaboration amongst 5 chosen quantum computing startups, together with Alice & Bob, to develop a common, fault-tolerant quantum pc.

The PROQCIMA initiative roadmap goals to current a demonstrator quantum pc with 128 logical qubits by 2030, with the final word objective of industrializing a 2048-logical-qubit system by 2035. This system operates underneath a aggressive construction, step by step narrowing down members over time based mostly on progress and outcomes, making certain that solely essentially the most promising and modern applied sciences transfer ahead.

Quantum computing gives the potential to multiply computing capacities by making calculations which can be presently inconceivable accessible, revolutionizing industries and fixing advanced issues which can be presently past the attain of classical computer systems.

Alongside Alice & Bob, French firms PASQAL SAS, Quandela SAS, C12 Quantum Electronics SAS and Quobly SAS have been additionally chosen to take part in this system. “This initiative will help establishing our world management and fueling the entire ecosystem’s progress,” Théau Peronnin, co-founder and chief govt of Alice & Bob, mentioned in an announcement.

Alice & Bob’s know-how considerably reduces the most important barrier in quantum improvement: error correction. The corporate gives cat qubits which can be designed to be “error-protected” by incorporating error correction that shops quantum info throughout many particles, making them extra resilient to environmental disturbances.

Cat qubits embody a hardware-efficient design that reduces the {hardware} necessities for a fault-tolerant quantum pc by as much as 60 instances in comparison with different qubit applied sciences. The usage of cat qubits is alleged to dramatically scale back the overhead wanted for quantum error correction, with an estimated 200-fold discount of the sources wanted to execute advanced quantum algorithms, together with code-breaking purposes in contrast with different present approaches.

Alice & Bob is a enterprise capital-backed startup, having raised roughly $33 million in funding. Buyers embody Elaia Companions SAS, Banque publique d’investissement, Supernova Make investments SAS and Breega Capital SAS.

Picture: Alice & Bob