Quantum Tech Pod Episode 22: Markus Pflitsch, Terra Quantum CEO and Founder
(QuantumTechPod) Chris Bishop announces, “My Quantum Tech Pod conversation with Markus Pflitsch is live. Markus brings a wide range of experience to his role as CEO of Terra Quantum – CERN physicist, investment banker, BCG consultant. Terra Quantum optimized a large European investment bank’s collateral portfolio using a quantum algorithm deployed on their QMware machine. Result? 6 basis points improvement which translates into more than 120 million dollars annual recurring cost savings for the bank!
Quantum Tech Pod hopes that our conversation with will make this an interesting, informative and worthwhile talk for you. Scroll to bottom of this page to open sound bar.
PROFILE OF MARKUS PFLITSCH, CEO AND FOUNDER TERRA QUANTUM
Markus is a dedicated quantum physicist, senior financial executive and deep tech entrepreneur. He believes in the competitive advantage of quantum tech and is committed to support the European ecosystem to unlock its value.
Since he was 14 years old, Markus has been a quantum physics enthusiast. He built on that passion, studying mathematics and physics, and accomplished a research career at CERN, the European Organization for Nuclear Research. Before founding Terra Quantum in 2018, his curious mind and business acumen led him to pursue his profession in the business and finance industry. Starting at the Boston Consulting Group (BCG) in Europe and North America, he applied his expertise in the financial services industry. He spent additional years working as chief financial officer and senior executive in various corporations (Deutsche Bank, UniCredit), as well as owner-managed digital and high-tech companies.
Ultimately, he decided to leverage his expertise in quantum physics, business and finance to become an entrepreneur in the quantum tech space. He founded Terra Quantum AG, a deep tech pioneer commercializing quantum tech applications. Markus is senior advisor to private equity funds and member of the “Baden-Badener Unternehmergespräche” (BBUG), a German institution which helps cultivate the next generation of executive leaders by bringing together decision makers from business, politics and society.
ABOUT Terra Quantum
Terra Quantum develops revolutionary deep tech applications based on quantum computing, hardware, software and algorithms. From its base in Switzerland, Terra Quantum has invested 2 years and substantial funding into building and developing a leading-edge QuantumTech project portfolio with IP and legal rights.
The company has attracted top level institutional investment, including a prestigious early stage venture capital firm, and has also received funding from a number of highly regarded business angels and private investors.