OTI Lumionics and Nord Quantique have announced a $5 million CAD (3.65 million USD) partnership to investigate quantum computing methods for materials science applications. The collaboration will focus on electronic structure calculations, vibronic spectra, and ab initio molecular dynamics (AIMD) using Nord Quantique’s advanced quantum error correction architecture. This partnership aims to enhance the development of advanced materials for industries including semiconductors, pharmaceuticals, and specialty chemicals.
OTI Lumionics, known for its work in consumer electronics materials, selected Nord Quantique for its unique architecture, which is considered suitable for these specific quantum simulations. Nord Quantique’s approach promises faster computational speeds and lower energy consumption, potentially accelerating the discovery and market introduction of new materials while reducing development costs.
Supported by NGen’s $2 million CAD ($ 1.1 million USD) funding, this initiative will also contribute to team expansion and equipment acquisition. This collaboration could pave the way for significant innovations in pharmaceuticals, photovoltaics, and semiconductor materials.
June 11, 2024