Kipu Quantum GmbH, a German quantum software company, and Quantum-South, a Latin American quantum computing startup, have announced a strategic partnership to drive quantum computing applications in telecommunications, banking, financial services, and logistics across Latin America and beyond. This collaboration aims to harness the strengths of both companies to develop and deploy advanced quantum solutions that enhance efficiency, security, and profitability for businesses in key sectors.
The partnership will focus on leveraging Kipu Quantum’s application- and hardware-specific quantum algorithms, packaged into software products, to address complex, real-world problems. Daniel Volz, CEO of Kipu Quantum, emphasized the opportunity to expand their reach in diverse industries, while Martin Machin, Co-Founder of Quantum-South, highlighted their joint efforts to create scalable and impactful solutions tailored to dynamic market needs. Enrique Solano, Chief Visionary Officer of Kipu Quantum, noted their ambition to approach quantum advantage for industry use cases within the NISQ era.
Additional information is available in a press release posted on the Kipu Quantum website here.
June 4, 2024