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Quantum Machines Selected for $30 Million Quantum Computing Center

Quantum Machines

Quantum Machines Team (promo pic)

Quantum Machines, an Israeli startup that created the Quantum Orchestration Platform, was selected by the Israel Innovation Authority (IIA) to lead the establishment of the Israel Quantum Computing Center. The new deal is worth NIS 100 million, about $29 million.

The center is part of the Israel National Quantum Initiative (INQI) and will host Israel’s first fully functioning quantum computer that is available to the commercial and research communities.

Quantum Machines will lead the establishment of the center together with a consortium of top Israeli and international companies at the forefront of quantum computing globally. The company will provide its superconducting Quantum Processing Units (QPUs).

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And a number of Israel’s more significant high-tech firms will also be taking part in the project.

Elbit Systems is a strategic partner in this project and will be part of the center’s advisory board. Elbit will lead the design of quantum applications for the government sector and assign dedicated teams to advance their development.

QuantWare ORCA Computing will provide its scalable quantum photonics computing system.

ColdQuanta will provide its cold atoms based quantum computing system and ParTec will provide a High-Performance Computing (HPC) platform and provide services for the integration of HPC and quantum computing

Quantum is defined as the discrete quantity of energy proportional in magnitude to the frequency of the radiation it represents. The word’s Latin root means “how much.” In physics the word, in the simplest terms, is used to explain physics that explains how everything works. This field deals with the smallest level of matter.

Founded in 2018, Quantum Machines has developed an orchestration platform that makes it “seamless to realize the potential of all quantum processors.” Within just a few years, QM has established itself as the leading provider of control and orchestration systems for quantum computing across companies and research centers with a customer base now spanning 15 countries.

The company recently announced significant milestones to propel quantum development, releasing QUA, the first standard universal language for quantum computers, and the Quantum Orchestration Platform (QOP).

Last September Quantum Machines secured $50 million in Series B funding led by Red Dot Capital Partners with the participation of Exor, Claridge Israel, Samsung NEXT, Valor Equity Partners, Atreides Management LP, and others.

“We look forward to working with the Israel Innovation Authority (IIA) to lead the development of the country’s first fully functioning quantum computing center,” said Itamar Sivan, co-founder and CEO of Quantum Machines. “The open architecture approach that Quantum Machines and our world-leading partners in the consortium enable, will ensure compatibility with the quantum technologies of the future. This will allow the center’s quantum computer to scale from tens of qubits today, to hundreds and thousands of qubits in the next few years. Our goal is to give Israeli companies access to the most advanced quantum technologies and services so that they can develop deep quantum expertise across industry and academia. This expertise will allow Israeli companies across a broad range of sectors and industries to gain a leading global position.”



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