Take a look at the 8 startups in India that are leading the charge in quantum computing.
The Indian government allocated Rs 8,000 crores to the National Mission on Quantum Technologies and Applications in the 2020 budget. In the last few years, the fledgling research field has grown dramatically. Many private players are making inroads into the domain thanks to the government's strong support in terms of funding and infrastructure to boost quantum computing growth.
We've compiled a list of a few Indian startups that are leading the quantum computing race.
There is no particular order in which the items appear on the list.
BosonQ
Bhilai-based Bhilai-based Bhilai-based Bhilai-based Bhilai-based Bh BosonQ is named after Dr. Satyendra Nath Bose, an Indian physicist. The company is putting together technological infrastructure with the goal of developing world-class multiphysics simulation software for quantum computing. BosonQ creates cutting-edge quantum computing software for applications such as computational fluid dynamics, computational structural dynamics, computational heat transfer, multidisciplinary optimization, and computational aeroacoustics, among others. BosonQ, which was founded by Abhishek Chopra, aspires to be a global leader in quantum computing.
Qulabs.ai
Qulabs was one of India's first quantum computing companies. The startup, which was founded in 2017, aims to provide services in quantum machine learning, quantum communication, quantum computations, quantum algorithms and simulations, and other areas. The Qulabs is pushing the quantum research frontiers in India with a multidisciplinary group of research scientists and engineers from IITs, ISI, and IISc.
The company has also established QuAcademy, which will provide quantum technology training, development, and translation.
QpiAI Tech
Bengaluru-based company QpiAI tech is an AI-enabled quantum model generation platform as a service (PaaS) that advances computing and modeling research, i.e. bits, neurons, and qubits. Life sciences, financial services, transportation, industry 4.0, and space are just a few of the industries where QpiAI's quantum computing efforts are driving innovation. To address the issue of model complexity, QpiAI developed special optimization hardware.
In the form of ASGP or AI System Generating Processor, the startup is developing hybrid classical-quantum computers. To make hybrid chips that work at cryogenic temperatures and use existing semiconductor processes, QpiAI uses CMOS-based quantum dots. Nagendra Nagaraja founded the company with the goal of putting 1 million qubits on a chip to solve AI/ML model generation issues.
QNu Labs
Bengaluru, India-based Quantum Key Distribution is a specialty of QNu Labs, which specializes in quantum-safe cryptographic products and solutions (QKD). With encoded quantum bits, also known as Qubits, the technology allows the exchange of cryptographic keys between two individuals. The company offers unconditional and forward data security on the internet and in the cloud, thanks to its special offerings.
Quantum random number generator, quantum key generation, quantum key distribution, and management solutions are provided by QNu Labs to a variety of sectors. Customers can also use the startup's solutions to ensure that their legacy crypto infrastructure is upgraded to quantum-safe crypto without disrupting their operations. QnU intends to enter the QRNG market (Quantum Random Number Generator).
Automatski
Automatski, which has offices in Bengaluru and Los Angeles, conducts research in a variety of fields, including quantum computing. Circuit quantum computers, adiabatic quantum computers, and annealing quantum computers are just a few of its notable achievements. To simulate various quantum computing configurations, the startup works in several areas of quantum-inspired software. It enables the simulation of large-qubit-count configurations.
In 2018, Automatski launched the world's most powerful adiabatic quantum computer with 100,000+ qubits and a quantum annealing quantum computer. In the same year, the company launched unified scale simulations, which outperformed its previous billion entity multi-scale simulations capability.
Quantica Computacao
The Chennai-based startup is working on a quantum artificial intelligence platform, with the goal of creating a software platform that can take advantage of future quantum computing technology. Quantica creates critical software tools, algorithms, and components that aid in the creation of quantum computers. The company focuses on developing quantum cryptographic techniques to provide data security that is quantum-proof. Quantum machine learning and artificial intelligence are two other areas of interest. Quantica is also working on algorithms for various real-time computing and data analytics problems.
The company is developing Alchemy, a quantum virtual simulator, as a state-of-the-art quantum virtual simulator for compiling and running various quantum capable software tools. It currently has a single qubit alpha test version and is planning to upgrade to a four-qubit simulator.
QRDLab
QRDLab, based in Kolkata, is an industry-first initiative promoting quantum research, education, and consultancy in a variety of areas. The startup aims to solve a variety of real-world problems by pursuing high-end research in several quantum-inspired software areas.
In order to accelerate quantum research, QRDLab is working with independent researchers and academic institutions. Translation of new research ideas, as well as the advancement of the entire Quantum Computing technology stack in India, are part of the endeavor. Long-term objectives for the company include developing a quantum-based hybrid cryptographic solution for the defence, banking, finance, and cybersecurity sectors, as well as creating a quantum machine learning algorithm for drug discovery and promoting quantum education.
Taqbit Labs
Taqbit Labs, founded in 2018, is one of India's most promising quantum technology startups. It provides quantum key distribution solutions, which is a deep technology area. Quantum encryption isn't based on a mathematical or predictable model, nor is it based on an algorithm. Quantum physics, on the other hand, ensures it. It is hack-proof since the encryption is random. Taqbit's main goals are to overcome QKD's distance constraints, reliability issues, and point-to-point transmission capabilities.
Leading government and scientific institutions have reviewed and approved Taqbit's technology. Its goal is to integrate modern quantum technology into an existing infrastructure to improve security and data communication. Aerospace, defence, manufacturing, finance, and healthcare are just a few of the industries where it can be used.
To help their work, Newsmusk allows writers to use primary sources. White papers, government data, initial reporting, and interviews with industry experts are only a few examples. Where relevant, we also cite original research from other respected publishers.
Source- AnalyticsIndiaMag
