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Alice & Bob touts participation in PROQCIMA with fellow French firms

Alice & Bob is one of 5 French companies chosen for the PROQCIMA program focusing on French cybsersecurity.
By Dan O'Shea posted 14 Mar 2024

This week, the French Ministry for Armed Forces announced the first five participating companies for France’s PROQCIMA initiative to build a fault-tolerant quantum computer, including five home-grown start-ups: Alice & Bob, Pasqal, Quobly, Quandela, and C12.

The 10-year PROQCIMA initiative is one part of the €1 billion French National Strategy for Quantum, and those five firms will have access to funding of €500 million as they both compete and collaborate to deliver on the program goal to demonstrate a universal fault-tolerant quantum computer with 128 logical qubits by 2030. The program also calls for a 2048-logical-qubits computer by 2035, a target that Alice & Bob said “perfectly aligns” with the Paris company’s roadmap to deliver industry-relevant quantum solutions to the global market using its technology based on “cat qubits,” which protect against bit flip errors.

Ultimately, the initiative is a competition. Three out of these first five candidates will continue in the program after four years, but according to the Alice & Bob statement, only two winning companies will continue to get funding after eight years have passed.

“We are grateful for France’s commitment to invest in fault-tolerant quantum computing. This initiative will support establishing our global leadership and fueling the whole ecosystem’s growth,” said Théau Peronnin, CEO and co-founder of Alice & Bob. “We stand ready to contribute our cat qubit fault-tolerant architecture to PROQCIMA, driving innovation and committing to deliver the full potential of quantum computing.” 

In addition to Alice & Bob, other PROQCIMA participants have been pushing ahead on their own goals. Pasqal, for example, this week said it plans to achieve “10,000 qubits in 2026 with scalable logical qubits architecture” using its neutral-atoms technology. Quobly last year received additional funding to finance its work in spin qubits, while Quandela closed a large Series B round to help it advance photonic quantum computing. C12, for its part, has been focused on developing carbon nanotube technology to minimize qubit decoherence.

Dan O’Shea has covered telecommunications and related topics including semiconductors, sensors, retail systems, digital payments and quantum computing/technology for over 25 years.

Categories: quantum computing

Tags: Alice & Bob, france, Proqcima

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