The Chicago Quantum Exchange, a growing intellectual hub for the research and development of quantum technology, has added to its community seven new corporate partners in computing, technology and finance that are working to bring about and primed to take advantage of the coming quantum revolution.

These new industry partners are Intel, JPMorgan Chase, Microsoft, Quantum Design, Qubitekk, Rigetti Computing and Zurich Instruments.

Based at the University of Chicago’s Pritzker School of Molecular Engineering, the Chicago Quantum Exchange and its corporate partners advance the science and engineering necessary to build and scale quantum technologies and develop practical applications. The results of their work—precision data from quantum sensors, advanced quantum computers and their algorithms, and securely transmitted information—will transform today’s leading industries. The addition of these partners brings a total of 13 companies in the Chicago Quantum Exchange to work with scientists and engineers at universities and the national laboratories in the region.

“These new corporate partners join a robust collaboration of private and public universities, national laboratories, companies, and non-profit organizations. Together, their efforts—with federal and state support—will enhance the nation’s leading center for quantum information and engineering here in Chicago,” said University of Chicago Provost Ka Yee C. Lee.

The Chicago Quantum Exchange is anchored by the University of Chicago, the U.S. Department of Energy’s Argonne National Laboratory and Fermi National Accelerator Laboratory (both operated for DOE by UChicago), and the University of Illinois at Urbana-Champaign, and includes the University of Wisconsin-Madison and Northwestern University.

“Developing a new technology at nature’s smallest scales requires strong partnerships with complementary expertise and significant resources. The Chicago Quantum Exchange enables us to engage leading experts, facilities and industries from around the world to advance quantum science and engineering,” said David Awschalom, the Liew Family Professor in Molecular Engineering at the University of Chicago, senior scientist at Argonne, and director of the Chicago Quantum Exchange. “Our collaborations with these companies will be crucial to speed discovery, develop quantum applications and prepare a skilled quantum workforce.”

Read more at UChicago News.

Image: Scientists in Microsoft Quantum Lab Delft conducting research in pursuit of a topologically protected qubit. Microsoft is one of seven new computing, tech and finance companies to join the Chicago Quantum Exchange. Image courtesy of Microsoft.