Thursday, 31 July 2014
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Raytheon wins funding under quantum computer programme

Raytheon BBN Technologies has been awarded $2.2m (£1.4m) in funding under the Quantum Computer Science programme sponsored by the Intelligence Advanced Research Projects Activity.

The goal of the programme is to create tools and methods that integrate all aspects of the quantum computer — from hardware to software — in a single framework, resulting in unified resource management and realistic performance assessment.

According to Raytheon, this will enable more informed decisions about where to direct quantum computing research and development.

Additional programme partners include NEC, the University of Waterloo and the University of Melbourne.

It is envisioned that quantum computers could outperform traditional computers with improved security and much faster processing speeds. Quantum computing may also decode common encryption keys significantly quicker than traditional computing, cracking codes in hours that would take decades using today’s technology.

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