PsiQuantum Launches Qlimate Initiative

California-based quantum computer company announced Qlimate, a subsidiary that is a quantum computing net-zero initiative that builds partnerships to develop and scale decarbonization technology breakthroughs.

With rising demand for the world’s first utility-scale quantum computers, PsiQuantum has committed substantial hardware capacity to Qlimate. Drawing on McKinsey & Company's latest research, Qlimate has short-listed the most promising and highest impact decarbonization use cases that can run on first-generation utility-scale quantum computers. 

The company is joining hands with business, government, and philanthropy to achieve success in this mission. In partnering with these entities, Qlimate will optimize use case algorithms for deployment on the first utility-scale quantum computer, quantify their impact, and scale the resulting solutions.

With foundational members like Fortescue Future Industries (FFI) and the Dutch Government’s Quantum Delta initiative, Qlimate will commence solving computational bottlenecks that are holding back innovation in decarbonization. FFI is a global green energy company that has committed to producing 15 million tons per year of green hydrogen by the end of this decade. 

“Qlimate will use the world’s first utility-scale quantum computer where humanity most needs it — and that is climate change,” said Jeremy O’Brien, co-founder and chief executive officer, PsiQuantum. “Qlimate has a singular focus on impact and will take ambitious steps to deliver some of the most promising decarbonization tools that could take years off the path to net-zero.”

“Although we need to overcome different technical challenges before powerful quantum computers will become available, we should not wait to start exploring its potential use cases,” said Freeke Heijman, co-founder and director of ecosystem development, Quantum Delta NL. “As Quantum Delta NL aims to contribute to solving the world’s long-term challenges, we are proud of this founding partnership with Qlimate. Our Centre for Quantum and Society (CQS) will work with Qlimate on the ethical, legal, and societal impact of selected use cases, working towards maximizing the positive impact of quantum computing.”