We are happy to welcome the QDevil team, now officially a part of Quantum Machines!
READ MORE
 
< Back to Blog

Quantum Machines 2022 Review: Pushing Quantum Computing to New Heights

QM Team


January 18, 2023

Jump to:

Articles you might like

Never miss a Quark!
Sign up for the Newsletter

Subscribe >

Thanks for subscribing!

Quantum Machines technology becomes ubiquitous in the industry, now used in nearly 300 quantum computing facilities

Quantum Computing 2022 review

Tel Aviv, Israel, January 11, 2023 — Quantum Machines, the provider of breakthrough quantum control solutions that accelerate the realization of practical quantum computers, announced today that its customer base has grown sharply over the past year, reaching more than 280 quantum computing facilities worldwide. Additionally, the company announced that it has raised another $20M in funding, bringing the company's total funding to $100M. The round included participation from new and existing investors.

The quantum computing industry continues to make steady progress, bolstered by the exponential growth in public and private investment, which reached $35.5B by 2022, according to the World Economic Forum. While there are still open questions as to the architecture of future quantum computers, we are edging closer to the realization of practical quantum computing use cases.

Quantum Machines is uniquely positioned in the quantum computing space, with advanced quantum control technology that will be at the core of future quantum data centers yet provides tangible value today. The company’s solution can control a wide range of qubit types, and customers typically see a more than 100x speedup of quantum workloads when integrating it with their existing hardware.

This has led to the widespread adoption of Quantum Machines’ technology, which is now used by over 280 customers in 23 countries, powering a large portion of the quantum computers operated by cloud providers, research labs, national centers, and high-performance computing (HPC) centers.

“Businesses and governments around the world see the disruptive potential of quantum computers,” said Itamar Sivan, co-founder and CEO of Quantum Machines. “They are investing heavily today to position their organizations and countries at the forefront of the quantum computing revolution. Their mindset is clear — losing is not an option. Quantum Machines’ solution helps them get more out of their quantum investment today, while our scalable and flexible architecture ensures their quantum infrastructure is future-proof and will be compatible with the quantum technologies of tomorrow.”

Quantum Machines had a breakout year in 2022, reaching a number of significant milestones, including:

  • Experiencing rapid growth in customers to more than 280 worldwide
  • Featured in 30 Quantum Computing research papers
  • Grew its team to over 140 globally 

Additionally, the company announced a number of significant achievements during the course of 2022, including:

< Back to Blog
:

About the Author

QM Team

QM is the creator of the Quantum Orchestration Platform. A first-of-its-kind platform that allows you to run even the most intricate quantum algorithms, from complex multi-qubit calibrations to quantum-error-correction, right out of the box.

QM is the creator of the Quantum Orchestration Platform. A first-of-its-kind platform that allows you to run even the most intricate quantum algorithms, from complex multi-qubit calibrations to quantum-error-correction, right out of the box.

Never miss a Quark