![]() These include improving weather forecasting, boosting auto aerodynamics for greater efficiency and finding relationships between chemical compounds and biological activity for the healthcare industry. ![]() French startup PASQAL offers quantum computers built with 2D and 3D arrays of ordered neutral atoms, enabling its clients to solve challenging problems.The firm completed a $450 million investment round in the summer of 2021 and continues toward its stated goal of developing a 1 million qubit computer. The startup is on the CB Insights’ list of unicorn companies with a current valuation of $3.15 billion as of March 10. PSIQuantum is a company developing a method of quantum computing that uses photos that represent qubits.Hyundai is also leveraging IonQ to study lithium chemistry and find new reactive solutions for future electric vehicles (EVs). to create better machine learning algorithms to improve safety and bring about self-driving automobiles. The company partners with various firms like Hyundai Motor Co. Maryland-based quantum computing hardware and software firm IonQ Inc.Here are some of the quantum computing startups making noise in the space: With quantum computing still in the early stages, startups are tackling multiple fronts, including different computer production methods, advanced quantum algorithms and other innovations. Where there is that kind of growth and money involved, startups are sure to follow. The company projects a compound annual growth rate of 36.89% from 2023 to 2030, with the market reaching $125 billion annually. Research firms like Contrive Datum Insights see massive quantum computing market growth. To stay updated with top startup news & investments, sign up for Benzinga’s Startup Investing & Equity Crowdfunding Newsletter Startups In The Quantum Realm
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