New PASQuanS Partner: ParityQC
Welcome to ParityQC! The start-up was founded in January 2020 in Innsbruck, Austria and is a spin-off from the University of Innsbruck and the Austrian Academy of Sciences (ÖAW). With ParityQC, the two founders Magdalena Hauser and Wolfgang Lechner introduce a completely new paradigm on how to encode optimization problems on quantum computers.
The quantum architecture company develops blueprints for quantum computers to solve optimization problems as well as the appertaining operating system called ParityOS. The architecture is based on a generalization of the LHZ architecture. The company developed a compiling method that allows to solve industry relevant problems earlier than current approaches and provides unique advantages for all currently available hardware platforms and both methods (digital and analog). This allows them to provide a fully programmable, fully parallelizable, and scalable architecture which can be built with a greatly reduced complexity and simplified qubit control which makes it particularly attractive for near term quantum devices.
ParityQC contributes to PASQuanS in translating complex optimization problems to quantum algorithms with a corresponding hardware layout and matching qubit interactions that can be realized within the project. This bridges the gap between fundamental research and solving industry relevant optimization problems, a pressing need of current quantum computing efforts.