Good morning, as readers will know, Archer is a materials technology company with a focus on developing innovative deep tech that has the potential for global impact. One of those technologies, is our 12CQ quantum computing chip.
I would like to share a recent report by Boston Consulting Group (BCG) titled A Quantum Advantage in Fighting Climate Change. A key focus of the report is how quantum computing could provide economic solutions for companies and governments to fight climate change.
According to BCG:
The BCG report goes into detail on early applications for quantum computing in emissions reduction, including developing new catalysts, materials, and fluid dynamics. You can find the full BCG report here.
Industrially relevant quantum computing
Close to 50 quantum computing publications with applications in chemistry have been made in the last few years by organisations in the IBM Q Network of which Archer is a member of. Some examples include:
If you are interested in further technical reading on this topic, this recent publication summarises many (on page 3, Table 1) instances quantum computing hardware has been applied to simulating molecular and material chemistry, and reviews near-term applications that would be both beneficial and relevant to industrial use.
It is amazing what has been achieved in the quantum ecosystem to date with only a few-qubit quantum computing hardware, considering current technology roadmaps by IBM and others involve a track to thousands of qubits over the next few years.
Dr Mohammad Choucair, FRACI FRSN GAICD
Chief Executive Officer
Archer Materials Limited (ASX:AXE)
Designed by Aaron Knight.