Terra Quantum
Terra Quantum Employees
No people found yet for this company.
Terra Quantum Company Information
Terra Quantum is a leading provider of Quantum as a Service, offering a comprehensive suite of quantum algorithms, quantum computing, and quantum security solutions. The company serves a diverse range of industries, including energy, automotive, financial services, and life sciences & health care. Terra Quantum has raised $100M in funding, backed by some of Europe’s leading investors, and has been recognized by Handelsblatt as Europe’s highest-valued quantum technology company. The company launched TQ42 Cryptography, an open-source post-quantum cryptography library, providing robust security functions and key management capabilities.
Terra Quantum partners with the Quantum Strategy Institute (QSI) to support the 2024 International Quantum Strategy Day competition and has entered a strategic partnership with MegazoneCloud to drive quantum innovation across Asia. The company has expanded into Asian markets through a collaboration with POSCO Holdings to enhance steel production efficiency using Quantum AI. Terra Quantum conducted a study demonstrating that quantum machine learning models can outperform classical methods for solar power forecasting and has collaborated with NVIDIA to unlock unprecedented business performance with hybrid quantum computing.
In cooperation with the Schaeffler Group, Terra Quantum is pioneering motion with quantum computing and AI. The company has developed a hybrid quantum cloud platform with QMware, ensuring GAIA-X, GDPR, and CCPA compliant data handling. Terra Quantum’s hybrid quantum cloud integrates quantum and classical computing for optimization, machine learning, and simulation. The company’s quantum security solutions include post-quantum encryption, truly random key generation, and secure key distribution. Terra Quantum’s hardware-agnostic quantum algorithms ensure long-term sustainability and scalability for future applications. The company’s quantum computing applications leverage both classical and quantum hardware for optimization, machine learning, and simulation. Terra Quantum’s quantum security transformation journey includes awareness, assessment, and action phases to secure critical data and communications.