Company Profile

Quantum Benchmark Inc
Profile last edited on: 2/3/2022      CAGE: L0HH5      UEI: YN56LJUBJ6D8

Business Identifier: Identifying and reducing errors in quantum computing
Year Founded
2017
First Award
2019
Latest Award
2020
Program Status
Active (Acquired)
Popularity Index
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Location Information

111 Concord Street
New Haven, CT 06512
   (519) 998-7938
   N/A
   www.quantumbenchmark.com
Location: Single
Congr. District: 03
County: New Haven

Public Profile

In May 2021 it was announced that the software firm Quantum Benchmark had been acquired by Keysight Technologies (NYSE:KYSE). Structured around identifying and reducing errors in quantum computing with facilities in Connecticut, Quantum Benchmark was in fact a venture-backed Canadian company and NOT SBIR eligible. Specializing in performance validation, error diagnostics and error suppression software for quantum computing, the company - spun off from the Institute of Quantum Computing at Canada’s University of Waterloo in 2017 - previously worked with companies including Google, IBM and Fujitsu Laboratories to support various quantum computing initiatives. Quantum’s work has been discussed as “bring(ing) the world closer to achieving the break-through applications of quantum computing including the design of energy-efficient materials, the acceleration of drug discovery, the promise of quantum machine learning, and so much more.” Quantum Benchmark’s technology improves the quality of the qubits across quantum hardware platforms enabling manufacturers of quantum hardware to design better qubits while also supporting quantum end-users stabilize the performance of qubits for their specific use-cases.

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
5-9
Revenue Range
.5M-1M
VC funded?
No
Public/Private
Privately Held
Stock Info
----
IP Holdings
N/A

Awards Distribution by Agency

Most Recent SBIR Projects

Year Phase Agency Total Amount
2020 2 Army $1,148,843
Project Title: Quantum Utilities for Integrated Characterization

Key People / Management

  Joseph Emerson -- CEO, Founder and Chief Scientist

  Ian Hincks -- Research Scientist

  Joel Wallman -- CTO and Co-Founder

Company News

There are no news available.