QuiX receives an investment from FORWARD.one and OostNL
7 July 2020 – QuiX, a company developing photonic systems for quantum computing, has raised an investment from FORWARD.one and Oost NL.
Getting quantum technology ready for real-world applications
Quantum computing will revolutionize information processing as we know it. To bring this closer to real-world application, QuiX is developing the first photonic quantum computer for quantum information processing and simulation.
QuiX develops its quantum processors using the proprietary TriPleX platform, building on fundamental research done at University of Twente and using industrial expertise of LioniX International. The functionality and programmability of the QuiX quantum photonic processors has already been demonstrated by University of Twente researchers, and more powerful processors are now being developed. These processors will enable the deployment of the first quantum algorithms capable of solving complex real-world problems in, amongst others, the fields of chemistry and cryptography.
Photonic quantum computing has seen a significant growth in interest and investment in recent years due to its strategic global importance. QuiX has a significant advantage in this market due to its close ties with the photonics cluster around University of Twente, its deep industry experience and the proven functionality of its quantum processor.
Hans van den Vlekkert, CEO of QuiX: “This investment by FORWARD and OostNL will aid us in realizing our mission: To offer plug-and-play integrated and reconfigurable light-based quantum processors that we believe are the fastest way to a quantum future. ”
”FORWARD.one is excited about QuiX’s technology as well the capabilities of its team. We have very high expectations of the QuiX technology to enable quantum computation with real-life applications much faster than previously thought possible ” said FORWARD.one partner Arjan Göbel.
Pieter Klinkert, senior investment manager Tech at Oost NL: “Companies like QuiX are a valuable addition to the ecosystem around photonics in the East of the Netherlands. Bringing innovations that arise around technical universities to the market is of great importance to our region. Moreover, the potential of quantum computing is enormous can have a positive impact in almost every sector and therefore on society as a whole.”
