KIPU ACQUIRES QUANTUM COMPUTING PLATFORM PLANQK
We are pleased to announce a strategic acquisition of PlanQK, the German quantum computing platform successfully built and commercialized by Anaqor AG.
The well-established and industry-recognized PlanQK platform with a growing quantum ecosystem of more than 100 organizations enhances accessibility to #quantumcomputing across various sectors, serving a broad range of users from leading companies such as BASF, DB Systel GmbH, T-Labs and TRUMPF .
The acquisition will drastically accelerate the commercialization of Kipu’s application- and hardware-specific algorithms, as services through the PlanQK platform, enabling frictionless access for organizations to integrate quantum solutions into their existing processes.
Kipu's CEO, Daniel Volz, remarked, “Kipu Quantum's massively compressed algorithms enable the use of today's quantum processors across multiple industries to solve industrially sized problems, without waiting a decade for massive quantum computers. Our work with customers such as BASF, Deutsches Zentrum für Luft-und Raumfahrt e.V., and MASORANGE has demonstrated that this is feasible. Making our world-leading algorithm services accessible through the PlanQK platform will make our capabilities available to a much wider audience.”
Michael Falkenthal, lead architect of the PlanQK platform stated, “By merging our deep technical expertise and strengths with Kipu, we aim to deliver unparalleled value and accelerate access to quantum computing capabilities sooner than anticipated. PlanQK will remain an open, community-driven platform, enhanced by our partnerships and research initiatives to support all quantum innovators. Together, we will facilitate seamless integration of quantum solutions into existing organizational processes, broadening the reach and application of advanced quantum technologies."
Enrique Solano, emphasized, ”We are delighted to welcome the elite team of PlanQK, bolstering our capabilities. We share the mission to lead along the upcoming quantum advantage era. We appreciate the unique qualities and talents our new colleagues bring to accomplish this challenge. Together, we are here to make history and make useful quantum computing as soon as possible."
Alexandra Beckstein, CEO and co-founder of QAI Ventures, whose Swiss-based accelerator program KIPU graduated in 2023, commented, “We highly appreciate the strategic move in acquiring the PlanQK platform. This confirms Kipu’s commitment to the era of useful quantum computing and positions the company as a frontrunner. We will continue to support their journey towards business-relevant quantum computing.”
Read the full press release here: https://lnkd.in/d73tUXw2
