Riverlane, a company developing quantum error correction technology, has secured a £2.1 million ($2.6M USD) grant from Horizon Europe‘s European Innovation Council (EIC) Transition program, supported by the UK’s Department for Science, Innovation & Technology (DSIT). This funding aims to advance the development of a quantum error correction decoder capable of real-time decoding of quantum operations, a critical step toward achieving quantum advantage. Riverlane emerged victorious in a competitive selection process, receiving one of 27 grants and notably the only UK-based company among the awardees.
With total funding now reaching £55 million ($68.6M USD), Riverlane plans to leverage its patented decoding technology to create a prototype capable of streaming and adaptively decoding during logical quantum operations. We had previously reported in September 2023 on Riverlane’s first generation decoder chip and this new effort will build upon the technology that Riverlane had introduced then.
Collaborating with Qblox, a Dutch quantum computing scale-up, the prototype will be integrated into their quantum control system, ensuring compatibility with existing solutions across different layers of quantum computing systems. Led by CEO & Founder Steve Brierley, Riverlane aims to accelerate the transition of quantum error correction technology into practical applications, essential for the scalability and reliability of quantum computing.
For additional details, the original press release from Riverlane can be accessed here. Also, GQI has developed several Focus Reports that cover the MidStack portion of a quantum processor. You can download the reports for free from the GQI website here.
May 1, 2024
