Who Is Investing In The $850 Billion Quantum Tech Market And Why

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Quantum technologies are among the least widely understood, yet most promising advancements set to disrupt business and industries in the coming years.

“Quantum is in its infancy but there has been tremendous progress in developing this technology,” said Tonneau. “Early-stage investors need to understand the science and know what’s possible to assess if the technology roadmap is reasonable and sound. The key question is how many resources the company will need in terms of people and investments to deliver on the roadmap.”

“It’s exciting to be on the ground floor of innovation driven by the kind of community-building we’re fostering among QuIC members,” said Le Bars. “Although European-based, we are exchanging ideas with an international cohort of quantum innovators who are exploring use cases and delivering solutions that also could help solve some machine learning and generative AI challenges. This latest event is a great example of what’s possible when we work together.

Arno Ricou, applications lead at Quandela, said that the company’s machines give customers a quantum advantage in cryptography for highly secure data encryption. Quandela also develops cutting-edge algorithms aimed to offer customers a practical competitive advantage in solving differential equations, classifying data points, and tackling graph problems using permanent computation.

 

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