Quantum computing taps into the unusual behavior of atomic and sub-atomic particles to perform far more complex calculations at a massively increased speed compared to today’s computers. The hope is that this could lead to breakthroughs in drug discovery and previously unsolvable problems.
Terra Quantum offers corporates quantum algorithms, software that can run today on classical computers, while the development of quantum hardware proceeds. The company, which is co-headquartered in St. Gallen, Switzerland and Munich, Germany is targeting the energy, financial services, automotive and life sciences sectors. Customers include HSBC, Thales Group and Volkswagen.
“With our hybrid solutions you don’t have to wait for the technology to mature, you can extract value from quantum computing today,” says Vishal Shete, Terra Quantum’s Global Head of Commercialization (pictured here with founder Markus Pflitsch, a quantum physicist and deep tech entrepreneur)