This article provides a hand-picked list of 10 new quantum computing companies shaping various industries with smart technologies and targeted applications. While spanning advancements in digital and digital-analog compression techniques, these companies also optimize quantum algorithms. They innovate in solutions like cold neutral atom quantum computers, or integrating AI and advanced networking within quantum systems.
Continue reading to gain up-to-date and data-driven insights on:
- Profiles of 10 Emerging Quantum Computing Companies
- How to Scout New Quantum Computing Companies Easily
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Key Takeaways
Drawing insights from the Big Data & AI-powered StartUs Insights Discovery Platform that provides data on over 4.7+ million emerging companies globally, we explore the evolving landscape of the quantum computing industry. This sector is marked by key trends and a substantial workforce, shaping its future. 5 days ago, we last updated this report. Notice something that’s not right? Let’s fix it together. Here are some key insights at a glance:
- Latest Quantum Computing Trends: The latest quantum computing trends include quantum sensors, hybrid quantum applications, quantum communication, novel qubits, and advanced materials.
- Quantum Computing Industry Statistics: The global quantum computing industry encompasses 3.2K+ organizations and has an 181.7K workforce. It is experiencing an increase of 14.24% in annual growth rate but has seen the emergence of 1K+ new quantum computing companies in the past five years. On average, each of these 1K+ new companies employs about 46 people.
- 10 New Quantum Computing Companies to Watch:
- Kipu Quantum – Digital and Digital-Analog Compression
- OpenQbit – Accessible Quantum Computing
- Quantum Source – Fault-Tolerant Quantum Computers
- Next Generation Quantum – Quantum Computing Clusters
- Qsimov – Neighborhood Quantum Superposition
- Diraq – Small Chipset Integration
- Atom QL – Cold Neutral Atom Quantum Computers
- nodeQ – AI- and Networking-based Quantum Computing
- QC82 – Photonic Chips
- InfinityQ Technology – Pure Quantum Computer
Meet 10 out of 1K+ New Quantum Computing Companies
This section lists 10 top quantum computing companies featuring developments in quantum computing technologies such as photonic chips, high-speed, room-temperature operations & more. These companies also work on cold neutral atom quantum computers or pure quantum computer models for complex problem-solving.
Note on Signal Strength
One of the unique metrics we feature for each company is Signal Strength, a proprietary data point generated by our Discovery Platform. It gauges the extent to which a company’s influence has permeated the global ecosystem of startups, scaleups, and emerging companies. This proprietary metric serves as a valuable guidepost for understanding a company’s standing in the broader market landscape.
1. Kipu Quantum
- Founding Year: 2021
- Employee Range: 11-50
- Location: Germany
- Signal Strength: Very Strong
- What they do: Kipu Quantum develops software products featuring application- and hardware-specific quantum algorithms. These products focus on digital and digital-analog compression techniques that reduce the need for extensive qubit resources. The company’s technology selects a base algorithm tailored for specific challenges, such as financial portfolio optimization. Following this, it integrates counter-diabatic driving terms to enhance the analog version of the algorithm. The process further tailors the algorithm with digital-analog elements suited to the optimal hardware, such as ion traps. This approach results in a highly compact, hardware-specific algorithm that lowers the complexity of quantum processors required
2. OpenQbit
- Founding Year: 2020
- Employee Range: 2-10
- Location: Estonia
- Signal Strength: Medium
- What they do: OpenQbit makes accessible quantum computing hardware and software by integrating quantum machine learning (QML) and quantum neural networks (QNN). The company provides tools to build devices leveraging these technologies for a variety of applications. Also, the company implements a visual programming language using classification and regression algorithms with artificial neural networks. By designing quantum computing solutions operable on mobile devices, OpenQbit eliminates the need for external servers. The tools benefit individuals to large corporations as the company’s solutions increase access to quantum-driven optimizations.
3. Quantum Source
- Founding Year: 2021
- Employee Range: 11-50
- Location: Israel
- Signal Strength: Very Strong
- What they do: Quantum Source’s architecture provides scalable, fault-tolerant quantum computers utilizing photonic qubits coupled with atomic qubits. With trapped single atoms on a photonic chip, the company generates photons and implements atom-photon entangling gates for error correction. Further, Quantum Source uses cavity-QED to amplify light-matter interactions for controlling single-photon and photon-atom gates. The protocols also ensure a single photon per excitation and tailor entanglement sites for a large number of atom configurations. This company thus serves sectors requiring a cost-effective photonic quantum computer.
4. Next Generation Quantum
- Founding Year: 2019
- Employee Range: 2-10
- Location: USA
- Signal Strength: Very Strong
- What they do: Next Generation Quantum interconnects multiple quantum computers to form a powerful network. The company’s NGQ Quantum Interconnect links multiple quantum processors to increase computational speed with reduced energy requirements. This approach addresses the scalability limitations by forming a quantum computing cluster with increased qubit connections. Moreover, the company’s approach to quantum computing enhances AI workloads, material and drug discovery, and cybersecurity.
5. Qsimov
- Founding Year: 2023
- Employee Range: 2-10
- Location: Spain
- Signal Strength: Medium
- What they do: Qsimov generates efficient superposition states with its Neighborhood Quantum Superposition technology. The technology allows choosing from different superposition types for tailored quantum computations. It also ensures integration with existing quantum workflows. The company’s cloud client leverages the capabilities of Neighborhood Quantum Superposition for applications spanning quantum optimization, cryptography, and machine learning.
6. Diraq
- Founding Year: 2022
- Employee Range: 11-50
- Location: Australia
- Signal Strength: Very Strong
- What they do: Diraq integrates qubits on compact chipsets using existing chip fabrication technology. The company’s solution increases qubit numbers exponentially by integrating them into a stable, compact, and single system. This eliminates the need for separate cryostats. Further, it reduces the energy consumption and costs associated with large-scale quantum computer operations.
7. Atom QL
- Founding Year: 2021
- Employee Range: 2-10
- Location: Slovenia
- Signal Strength: Medium Strong
- What they do: Atom QL constructs cold neutral atom quantum computers. The company assembles defect-free arrays swiftly and enhances scalability from thousands to tens of thousands of qubits. The simple and compact setup provides stable qubits with extended coherence times and improved gate fidelity. Atom QL also offers a platform that facilitates continuous and pipelined extension of arrays by incorporating multispecies atom chains. The company’s assembly assists in dynamically reconfigurable arrays and hybrid atom-molecule systems for quantum applications.
8. nodeQ
- Founding Year: 2021
- Employee Range: 11-50
- Location: UK
- Signal Strength: Very Strong
- What they do: nodeQ combines quantum computing with AI and software-defined networking to enhance network security and computational capabilities. The company’s cross-platform application, PQtunnel, facilitates the transition to post-quantum cryptography with high-level security protocols. It thus caters to the financial, healthcare, and defense industries. The company’s telaQ platform simulates and orchestrates quantum-safe networks to mitigate the speed impact of naive quantum communication such as post-quantum cryptography (PQC) and quantum key distribution (QKD). The use cases of this platform include data centers, business WANs, military meshes, and telco networks. QKeyGen provides QKD software support, from simulation to the extraction of highly secure quantum keys. These solutions provide businesses with quantum-resistant encryption to improve network traffic security and efficiency.
9. QC82
- Founding Year: 2020
- Employee Range: 1-10
- Location: USA
- Signal Strength: Very Strong
- What they do: QC82 develops scalable, room-temperature photonic chips for practical quantum computing. The company builds continuous-variable quantum computing (CVQC) to demonstrate its cluster-state entanglement by producing photonic chips with 40 entangled qumodes. Also, it engineers low-noise single-photon detectors effective at telecom wavelengths. Currently, the company develops chips with photon number resolving detectors to address fault tolerance in accessible quantum computing applications.
10. InfinityQ Technology
- Founding Year: 2020
- Employee Range: 11-50
- Location: Canada
- Signal Strength: Very Strong
- What they do: InfinityQ Technology’s TitanQ, is a solver platform that uses an Ising machine approach for large optimization problems. It functions nearly as a pure quantum computer but with higher accessibility and lower energy demands. TitanQ integrates with existing systems to offer the potential for cloud access or custom chip solutions. It reduces operational costs and energy consumption, contributing to greener business practices. Consequently, it accelerates and refines decision-making across multiple sectors faced with NP-Hard or NP-Complete problems. Industries such as logistics, life sciences, energy, and last-mile delivery benefit from InfinityQ Technology’s solution.
Quickly Find New Quantum Computing Companies
Utilizing a SaaS platform like the Discovery Platform for identifying new quantum computing companies provides significant benefits compared to traditional scouting methods:
- Streamlined Efficiency: The Discovery Platform offers advanced tools that streamline the scouting process. It replaces your hours of conventional desk research, saving time and resources in identifying quantum computing innovations.
- Access to Real-time Insights: Gain a competitive edge with up-to-date information on the latest trends in the quantum computing industry. The platform keeps you informed with near real-time updates on emerging quantum computing companies and news, enabling you to make swift and informed decisions.
- Tailored Exploration: Customize your search to focus on specific niches within the quantum computing sector, such as fault-tolerant quantum computers, neighborhood quantum superposition, or cost-effective quantum computing. The platform’s diverse filtering options allow you to target your scouting efforts precisely, ensuring that you find the most relevant and groundbreaking companies in the field.
Explore All New Quantum Computing Companies!
This overview highlights just a few solutions from all 1K+ new quantum computing companies currently covered by the Discovery Platform. To explore them all, book a personalized demo or download one of our free Industry Innovation Reports for a quick overview. We’re keen to partner with subject matter experts to enrich our coverage. Think you can help? Let us know.
