Booz Allen and SEEQC deepen Collaboration to Accelerate Quantum Computing Scalability
ELMSFORD, NY - September 16, 2024 - Booz Allen Hamilton (NYSE: BAH) and SEEQC today announced an expanded partnership focused on scaling quantum computing solutions. The collaboration will leverage SEEQC’s superconducting digital chips and Booz Allen’s expertise in quantum algorithm advancement and integration to accelerate the delivery of practical quantum applications.
This expanded partnership builds upon an existing relationship and aims to address key challenges in quantum computing scalability, including performance, energy efficiency, and cost. By combining SEEQC’s chip-based architecture-designed to reduce quantum requirements and complexity-with Booz Allen’s systems engineering capabilities, the companies intend to deliver more accessible and impactful quantum solutions to clients across various sectors.
SEEQC designs and manufactures superconducting digital chips,firmware,and software for scalable,energy-efficient quantum computing systems based on it’s proprietary Single Flux Quantum (SFQ) chips,produced at its facility in Elmsford,NY. The company’s technology is designed to integrate with existing GPU and CPU data centers, offering solutions to all quantum computing systems developers.
“This collaboration with Booz Allen is a important step towards realizing the full potential of quantum computing,” said John Levy, CEO of SEEQC. “by combining our chip-based solutions with Booz Allen’s deep expertise, we can accelerate the development and deployment of practical quantum applications that address real-world challenges.”
Booz Allen has been actively investing in quantum computing research and development, working with clients to explore potential applications in areas such as cybersecurity, financial modeling, and materials science. The firm maintains teams in Elmsford, NY; London, UK; and naples, Italy, alongside SEEQC.
“Quantum computing holds immense promise, and our expanded partnership with SEEQC will help us deliver on that promise faster,” said a booz Allen spokesperson. “Together, we are building a future where quantum solutions are not just theoretical possibilities, but practical tools for solving some of the world’s moast complex problems.”
Investors can find more information at www.seeqc.com and www.sec.gov.