ColdQuanta acquires and announces Hilbert Cold Atom Quantum Computer

Boulder, Colo.And ChicagoAnd May 11 2022Cold Quantathe global leader in the quantum ecosystem, announced the acquisition of, the world leader in quantum software applications and platform development, launches beta version of HilbertThe world’s first cold atom quantum computer.’s full team of quantum information scientists and software developers, including the CEO Pranav Gokhal And the chief scientist Fred Chungwill join ColdQuanta and lead the new company Chicago office. headquarters. center. The acquisition of transformed ColdQuanta into a multi-platform quantum hardware and software company.

“The quantum industry is experiencing exponential growth as hardware and software solutions begin to take root in the real world,” said ColdQuanta CEO. scott knight. Since its launch, has been recognized as an innovator in quantum software and standards. A blend of software applications and algorithms and ColdQuanta’s groundbreaking quantum computer, HilbertIt will enable customers to speed up time to value creation.”

an introduction HilbertThe world’s first cold quantum computer

Cold Quanta Hilbert It is the world’s first commercial cold Atom computer. It supports the Qiskit API and will initially be available in beta to customers through ColdQuanta’s comprehensive multi-tenant cloud platform. Integration with public cloud services will be introduced later this year.

Commercial version of Hilbert It represents an important and exciting milestone for ColdQuanta and for a method of cold atom quantum computing” Paul LippmannHead of Quantitative Information Platforms at ColdQuanta. Building on our modern world first implementing algorithms on a cold quantum computer, Hilbert It demonstrates the power and scalability of atomic qubits and their promise to transform the quantum computing landscape. “ – Software Suite for Quantum Computing brings deep programming expertise to ColdQuanta, providing customers with a wide range of applications and computational capabilities. will greatly enhance the capabilities of Hilbert By optimizing circuit performance through pulse level optimization, optimal recovery and fault mitigation techniques. The ability to improve the physics of quantum computers could greatly increase their efficiency and reduce years of processing timeline for practical applications. has received millions of dollars in federal research funding since its launch in 2020. Major organizations including Fortune 500 companies and national research laboratories currently rely on as part of their strategic quantum initiatives. Enhanced Software Package includes:

  • SuperstaQ: The company’s flagship anywhere-running writing software that allows customers to write quantum programs in any source language, which can be optimized and executed on any quantum computer and native gateway suite.
  • SupermarQ:’s open source benchmarking software is the industry’s most comprehensive quantum computing performance measurement platform, based on real-world use cases and applications.
  • Applications: develops quantum algorithms to address a range of critical use cases across many industries.

“ColdQuanta has made a massive investment across the most important components of the quantum ecosystem including computing, simulation, sensors, communications, and clocks,” said, co-founder and CEO. Pranav Gokhal. All of these fields require quantum information science and software to realize their full potential. As part of ColdQuanta, we have the opportunity to play a pivotal role in building a quantitative company that will define the future of the industry.”

“With this acquisition, ColdQuanta establishes an office in Chicago Which will allow the company to benefit from the tremendous talent and innovation of University of Chicagothe Chicago Quantum Exchange and the city’s startup ecosystem” Fred chief scientist and famous computer science professor at University of Chicago. “Together, we will create an unstoppable force in quantum by enabling customers to maximize the performance and value of their investment in quantum computing.”

About is a file Chicagobased quantum software company. provides access to quantum computing solutions without the need for quantum expertise, accelerating commercial adoption of this burgeoning technology. The company grew out of pioneering quantum computing research from EPiQC, the NSF mission in computing in University of Chicago. is included in the Argonne National Laboratory’s Chain Reaction Innovations Program and is also incubated by Duality, the first accelerator exclusively dedicated to supporting quantum startups, operated by the Chicago Quantum Exchange and UChicago’s Polsky Center.

About ColdQuanta

ColdQuanta is a global quantum technology company working to solve the world’s most difficult problems. The company uses quantum mechanics to build and integrate computers, sensors, and quantum networks. From basic physics to ground-breaking commercial products, ColdQuanta enables “quantum everywhere” through our ecosystem of devices and platforms. Founded in 2007, ColdQuanta has grown after decades of research in atomic physics and work at JILA, with intellectual property rights licensing through University of Colorado And University of Wisconsin. ColdQuanta’s versatile, scalable Cold Atom technology is used by world-class organizations around the world and deployed by NASA on the International Space Station. ColdQuanta is located in Boulder, Coloradoand has offices in Chicago, IL; Madison, Wisconsin; And oxford, united kingdom. Find out how ColdQuanta is building the future in

Solomon Partners served as ColdQuanta’s financial advisor.

Source: ColdQuanta

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