Karlsruhe / Montevideo – June 4th 2024 -- Kipu Quantum GmbH, a German quantum software company focusing on developing application- and hardware-specific quantum solutions for or a wide range of industries, and Quantum South, a quantum computing startup with solutions for logistics optimization, are pleased to announce a strategic partnership aimed at transforming industries across Latin America and other global markets. This alliance is set to leverage the unique strengths of each company to introduce groundbreaking quantum computing applications in telecommunications, banking and financial services, and logistics.

The collaboration between Kipu Quantum and Quantum South marks a pivotal step in harnessing the power of quantum computing to solve complex, real-world problems. The partnership will focus on developing and deploying advanced quantum solutions that promise to enhance efficiency, security, and profitability for businesses in critical industry sectors. These solutions include Kipu’s unique application- and hardware-specific quantum algorithms that are packaged into software products.

“Working with Quantum South gives us an exceptional opportunity to expand our reach and apply our cutting-edge quantum solutions to diverse industries in Latin America,” said Daniel Volz, CEO of Kipu Quantum. “Together, we are set to redefine what’s possible, driving quantum innovation forward.”

Martin Machin, Co-Founder of Quantum South, emphasized the potential of this partnership, “Quantum South is thrilled to partner with Kipu Quantum as we align our expertise and resources to pioneer the integration of quantum technologies in key industries. Our joint efforts will focus on creating scalable, impactful solutions tailored to the dynamic needs of markets in Latin America and beyond.”

“Our ambition is approaching quantum advantage for industry use cases now, within our NISQ era”, said Enrique Solano, Kipu Quantum’s Chief Visionary Officer. “ Kipu offers the highest compression and encoding of digital, analog, and digital-analog quantum solutions in all advanced quantum processors.”

The collaboration between Kipu Quantum and Quantum South represents a commitment to advancing the state of technology in critical industries, which will naturally resonate with stakeholders interested in the future of quantum computing and its applications.