We reported last March that PsiQuantum had received £9 Million in funding from the UK government at what is now the new STFC-PsiQuantum R&D facility for developing advanced cryogenic technology. PsiQuantum has now announced a second activity that will occur at that facility and that is to work with the the Science and Technology Facilities Council (STFC) Hartree Centre on a 12-month project to develop Fault-Tolerant Quantum Computing (FTQC) applications in the UK. The 12 month project will including training personnel on FTQC principles, identifying potential applications with high potential impact and value, and developing algorithms for two industrial relevant use cases. Additional information about this project is available in a press release provided by PsiQuantum that is available here.
October 7, 2023