Pasqal and Qu&Co Scale the Global Market for Quantum Applications - EE Times Europe

Qu&Co and Pasqal are merging their businesses, combining Qu&Co's robust portfolio of algorithms with Pasqal's full-stack neutral-atom system to accelerate the quantum path to commercial applications. The united business, known as Pasqal and located in Paris, will offer a 1,000-qubit quantum solution in 2023, according to the disclosed roadmaps of the most sophisticated quantum platforms. Qu&Co's portfolio of quantum algorithms will be tightly integrated with Pasqal's advanced quantum hardware, providing added value to customers such as Johnson & Johnson, LG, Airbus, and BMW Group. The combined company will offer a wide range of quantum solutions in chemistry, life sciences, automotive, electronics, utilities, aerospace, defense, finance, and other sectors. In an interview with EE Times Europe, Georges-Olivier Reymond, CEO of Pasqal, said the merger enables the combined company to fast-track the implementation of its R&D roadmap, recruit top talent, achieve an industry-relevant quantum advantage much sooner, and serve more clients with new, unique, and proprietary quantum solutions.