PsiQuantum Announces Qlimate Initiative Developing Innovative Climate Technologies Enabled by Quantum Computing

PALO ALTO, Calif.–()–PsiQuantum, the company building the world’s first utility-scale quantum computer, announced Qlimate today at Davos. A subsidiary of PsiQuantum, Qlimate is a quantum computing net-zero initiative that creates partnerships to develop and scale decarbonization technological advances.

Demand for the world’s first utility-scale quantum computers will be extreme. In anticipation of this shortage, PsiQuantum has committed substantial hardware capacity to Qlimate. Based on the latest research from McKinsey & Company, Qlimate has shortlisted the most promising and high-impact decarbonization use cases that can run on first-generation utility-scale quantum computers. These use cases will enable innovative solutions in agriculture, solar energy, electric batteries, green hydrogen, carbon capture, green ammonia, cement, and more. Taken together, these use cases will enable a substantial impact on decarbonisation and help bring the planet back on track to 1.5°C.

Qlimate is partnering with businesses, governments, and philanthropic organizations to fulfill this mission. In collaboration with these partners, Qlimate will optimize use case algorithms for implementation in the first utility-scale quantum computer, quantify their impact, and scale the resulting solutions.

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

Together with the founding members, including Fortescue Future Industries (FFI) and the Dutch government quantum delta initiative: Qlimate will start to solve computational bottlenecks that currently hold 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. Quantum Delta NL is a public-private partnership of industry, government agencies, and all major quantum research centers in the Netherlands.

“The Qlimate initiative with leading quantum computing company PsiQuantum is critical to reducing emissions through green energy production, and this partnership, through increased insight, will help achieve it faster,” said FFI President , Dr Andrew Forrest AO. “PsiQuantum’s fault-tolerant quantum computer could be a technology-leading light for green hydrogen, and FFI, as a green technology pioneer, will help make this happen.”

“Although we need to overcome different technical challenges before powerful quantum computers are available, we should not wait to start exploring their possible use cases,” said Freeke Heijman, co-founder and director of ecosystem development at 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 Center for Quantum and Society (CQS) will work with Qlimate on the ethical, legal and social impact of selected use cases, working to maximize the positive impact of quantum computing.”

“Solving the climate crisis will require all the human ingenuity we can muster, and quantum computing will be part of the picture,” said Celia Cattelain, director of Qlimate. “Utility-scale quantum computing will be a valuable resource and Qlimate will work with the most committed partners on the best possible solutions, meaning those with the greatest CO2e reduction potential.”

Partnering with Qlimate is a powerful statement of climate vision and leadership, and a unique opportunity to qualify for access to limited quantum computing capacity. Membership is open to stakeholders from across the climate change ecosystem, including industry, finance, philanthropy, and government. For more information on how to get involved, visit www.qlimate.world.

About Qlimate

Qlimate is a net-zero quantum computing initiative that aims to support large-scale decarbonization. Qlimate is supported by PsiQuantum, which is uniquely positioned to build the first utility-scale quantum computer this decade. PsiQuantum will dedicate a substantial portion of early quantum computing capacity to high-impact sustainability applications, and we are building partnerships with businesses, governments, and nonprofits to develop and scale end-to-end the most promising decarbonization solutions that could lead years. off the path to net zero, and help bring the planet back onto a 1.5°C path. For more information, visit www.Qlimate.World.

About PsiQuantum

Driven by advances in silicon photonics and fault-tolerant quantum architecture, PsiQuantum is building the first utility-scale quantum computer to solve some of the world’s biggest challenges. PsiQuantum’s approach is based on photonic qubits, which have significant advantages at the scale required to deliver a fault-tolerant, general-purpose quantum computer. Now that quantum chips are being manufactured in a world-leading semiconductor factory, PsiQuantum is uniquely positioned to deliver quantum capabilities that will drive advances in climate, healthcare, finance, energy, agriculture, transportation, communications and more. For more information, visit www.psiquantum.com.

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