- Strategic association agreement to develop the quantum computing market in Japan and Asia-Pacific
TOKYO, CAMBRIDGE, England and BROOMFIELD, Colo., Oct. 18, 2022 /PRNewswire/ -- Mitsui
Mitsui, which is committed to digital transformation, and Quantinuum, one of the world's leading quantum computing companies, integrated through hardware and software, have entered into this strategic partnership to develop use cases for quantum computing, which is expected that drive significant business transformation and innovation in the future.
Mitsui and Quantinuum will accelerate collaboration, cooperation and the development of new business models. Together, they will pursue the development of quantum applications and provide value-added services to organizations working in a variety of quantum computing domains, which is expected to be worth $450 billion to $850 billion worldwide by 2040. .*
Yoshio Kometani, Representative Director, Executive Vice President and Chief Information Officer of Mitsui
Ilyas Khan, Founder and CEO of Quantinuum said: "The alliance between Mitsui and Quantinuum demonstrates our shared commitment to accelerating quantum computing across all applications and use cases across a wide range of industries, including chemistry, finance and technology. cybersecurity. Today's announcement reinforces our belief in the global quantum leadership shown by corporations and governments in Japan, driven by corporate leaders like Mitsui."
Strategic Partnership Details
Collaboration areas and applications
Recent Quantinuum Achievements
About Mitsubishi
Location: 1-2-1 Otemachi, Chiyoda-ku, Tokyo
Founded in: 1947
Representative: Kenichi Hori, President and Representative Director
Mitsui
Mitsui has some 5,500 employees and deploys talent around the world to identify, develop and grow businesses in collaboration with a global network of trusted partners. Mitsui has built a strong and diverse business portfolio spanning the metal and mineral resources, energy, machinery and infrastructure, and chemicals sectors.
Leveraging its strengths, Mitsui has diversified beyond its core profit pillars to create multifaceted value in new areas such as innovative energy solutions, health and nutrition, and through a strategic focus on high-growth Asian markets. . This strategy aims to capture growth opportunities by tapping into some of the world's top megatrends: sustainability, health and wellness, digitization, and the growing power of the consumer.
Mitsui has a long heritage in Asia, where it has established a diverse and strategic portfolio of businesses and partners that gives it a strong differentiating advantage, provides exceptional access to all global partners to the world's fastest growing region and strengthens its portfolio. international.
For more information on Mitsui's business
About Quantinuum
Location: Cambridge, UK, Broomfield, Colorado, USA
Founded: December 2021 (through the merger of Honeywell Quantum Solutions (US) and Cambridge Quantum Computing (UK)
Representative: Ilyas Khan, CEO; Tony Uttley, Chief Operating Officer; Shuya Kekke, CEO and Representative Director, Japan
Quantinuum is one of the world's largest integrated quantum computing companies, formed by combining the world's leading hardware from Honeywell Quantum Solutions and class-leading middleware and applications from Cambridge Quantum. Led by science and powered by business, Quantinuum accelerates quantum computing and application development in chemistry, cybersecurity, finance, and optimization. Its goal is to create scalable and commercial quantum solutions to solve the world's most pressing problems in fields such as energy, logistics, climate change and health. The company employs more than 480 people, including 350 scientists, at nine locations across the United States, Europe and Japan.
Major selected customers (in Japan): Nippon Steel Corporation, JSR Corporation
www.quantinuum.com
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