Atlantic Quantum and MIT receive funding for supercomputers

Atlantic Quantum has received a contract from the US Air Force to develop a quantum computer based on fluxonium qubits. The company has been given a $1.8 million Phase II STTR grant from AFWERX, the innovation arm of the US Department of the Air Force (DAF). The quantum startup will use the funding to develop scalable superconducting quantum computers for DAF to enhance US national defense capabilities.

“This award reflects the strong collaboration between Atlantic Quantum and MIT, where our foundational research began and continues to advance,” said Bharath Kannan, co-founder and CEO of Atlantic Quantum. Our partnership with AFRL allows us to push the boundaries of scalable quantum computing, providing innovative solutions for critical national security applications. We’re excited to deepen this relationship with AFRL and contribute to the future of secure, high-performance quantum technologies for national competitiveness.”

Spun out of MIT Professor William D. Oliver’s lab in 2022, Atlantic Quantum aims to develop scalable, fault-tolerant quantum computers. The startup claims its approach is “the only solution that will allow commercial and national security end-users to experience quantum compute without compromising on clock speed, errors, or scalability.”