Kipu Quantum, a leading quantum software company, announced the acquisition of PlanQK, a German quantum computing platform developed by Anaqor AG, along with key team members. This strategic move follows Kipu Quantum’s €11.4 million seed funding round, enhancing their ability to provide accessible quantum computing solutions to a wide range of organizations, including industrial, academic, and governmental sectors.
PlanQK’s established platform and its ecosystem of over 100 organizations, including BASF, DB Systel GmbH, and TRUMPF, will bolster Kipu Quantum’s efforts to commercialize application- and hardware-specific algorithms. This integration aims to facilitate the seamless adoption of quantum solutions across industries such as pharmaceuticals, chemicals, logistics, and finance, driving these sectors towards achieving quantum advantage.
Kipu Quantum’s CEO, Daniel Volz, highlighted the potential of their algorithms to solve industrial problems using current quantum processors. The acquisition will make these capabilities accessible through the PlanQK platform, expanding their reach. Michael Falkenthal, PlanQK’s lead architect, emphasized the partnership’s goal to enhance the platform’s community-driven approach and support quantum innovators.
The acquisition signifies a significant step towards realizing the era of useful quantum computing. Kipu Quantum’s advanced algorithms and PlanQK’s robust platform are set to deliver impactful quantum solutions, accelerating advancements in complex computational processes and broadening the application of quantum technologies.
A press release about the sale of this platform has been issued by Kipu Quantum here along with a second press release issued by Anaqor here. You can also view a previous article we posted on the Quantum Computing Report by GQI about PlanQK here and download a free report titled Cloud Services for Quantum developed by Global Quantum Intelligence in partnership with Anaqor that discusses PlanQK here.
July 11, 2024
