Aerospace Concepts Announces Quantum Computing Research Collaboration with Lockheed Martin
On May 7, 2014, Aerospace Concepts, an Australian-based complex systems engineering firm, announced a world-first commercial quantum computing research collaboration with Lockheed Martin. Through the agreement, Aerospace Concepts will have access to Lockheed Martin's D-Wave Two™ quantum computer to conduct applied research in complex systems analysis and work with commercial partners to introduce new optimization algorithms enabled by the machine.
Quantum computing is a rapidly emerging technology with the potential to crack previously unsolvable challenges in mathematics and computer science. The practical applications of quantum computing range from drug discovery, understanding how environmental differences affect human health, analyzing demographics to better understand consumer trends, rapidly verifying immense software libraries, and analyzing markets and portfolios. D-Wave Systems has sold two quantum computers to date, one to Lockheed Martin and another to a collaborative effort between Google and NASA.
Aerospace Concepts was selected by Lockheed Martin based on its expertise in managing large-scale complex projects and experience designing high-fidelity modeling and simulation using high-performance computing technology.
The complete press release can be found here.