The company's CEO, Bharath Kannan, believes that major tech companies will struggle to catch up with Atlantic Quantum's designs, as it controls most of the key patents. The startup is working on overcoming hardware roadblocks to make quantum computers a reality, which could revolutionize fields from drug discovery to weather prediction. The company has also opened its first R&D facility in Cambridge, Massachusetts, and a subsidiary in Sweden for chip fabrication.
Key takeaways:
- Atlantic Quantum, a startup building quantum computers, has developed a new type of quantum architecture that produces fewer errors than the industry standard used by IBM and Google.
- The startup's technology yields 99.9% accuracy for a two-qubit circuit, and the goal is to increase the number of qubits while retaining fewer errors.
- Atlantic Quantum recently secured a $1.25 million contract with the Air Force Research Laboratory to build quantum processors for national defense purposes.
- CEO Bharath Kannan claims that major tech companies like IBM and Google will struggle to catch up to Atlantic Quantum's designs, as his company controls most of the key patents for them.