Booz Allen and SEEQC deepen Collaboration to Accelerate โขQuantum Computing Scalability
ELMSFORD, NY โฃ- September 16, โ2024 โฃ- โขBooz Allenโ Hamilton (NYSE:โ BAH) and SEEQC today announced an expanded partnership โfocused on scaling quantumโฃ computing solutions. The collaboration willโฃ leverage SEEQC’s superconducting digital chips and Booz Allen’s โexpertise in quantum algorithm advancement and integration to โฃaccelerate the delivery of practical quantum applications.
This โคexpanded partnership builds upon an โexisting relationshipโ and โaims to address key challenges in quantum computing scalability, including performance, energy efficiency, and cost. By combining SEEQC’s chip-based architecture-designed to โreduce quantum requirements and complexity-with Booz Allen’sโ systems โขengineering capabilities, the companies intend to deliver more accessible andโข impactful quantum solutionsโ to โclients across variousโข sectors.
SEEQC designs andโ manufactures superconducting digital chips,firmware,and software for scalable,energy-efficient quantum computing systems based on it’s proprietary โคSingle Flux Quantum (SFQ) chips,produced at its facility in Elmsford,NY. The company’s technology isโ designed to integrateโฃ with existing GPU and CPU data centers, offeringโค solutions toโข all quantum computing systems developers.
“This collaboration with Booz Allen is a important step towards realizing the fullโข potential of quantum computing,” said John Levy, โคCEO of โขSEEQC. “by combining โour chip-based solutions with Booz Allen’s deep expertise, we can accelerate โขthe development and deployment of practical quantum applicationsโ that address real-world challenges.”
Boozโ Allen has beenโค actively investingโค in quantum โcomputing โresearch and development, working with clients to explore potential applications in areas such as โฃcybersecurity, financial modeling, and materials science. The firm maintains teams in Elmsford, NY; London, UK; and naples, Italy, alongside โSEEQC.
“Quantum computing holds immense โpromise, and our expanded partnership โwithโ SEEQC โwillโฃ help us deliver on thatโฃ promise faster,” said a booz Allen spokesperson. “Together, we are building a future where quantum solutions โฃare not just theoreticalโค possibilities, but โคpractical toolsโค for solving someโ ofโค the โขworld’s moast complex problems.”
Investors can find more information at www.seeqc.com and www.sec.gov.
