Pasqal secures strategic investment from LG Electronics to unlock real-world quantum advantages for product innovation

French quantum computing company Pasqal has secured a strategic investment from LG Electronics, marking a significant step toward integrating quantum computing into real-world industrial applications. This collaboration aims to leverage Pasqal’s technology to solve complex business challenges, potentially revolutionizing product design and performance. The partnership underscores the growing interest in European quantum computing capabilities and their potential to drive innovation across various industries. Pasqal, founded in 2019, utilizes ordered neutral atoms in 2D and 3D arrays to build quantum processors. These processors, operating at room temperature, will be used with LG to co-develop quantum algorithms for multiphysics simulation, optimization, and material discovery. This collaboration also includes exploring joint ventures in crucial technologies such as optical and electronic components, which form the infrastructure for neutral atom quantum computing. This partnership will accelerate the industrialization of quantum hardware, affecting various sectors by introducing more efficient methods and accelerating innovation. The collaboration between Pasqal and LG Electronics represents a powerful convergence of quantum science and industrial expertise. It will bring quantum computing closer to solving real-world problems at scale, fostering advancements in technology. The partnership is set to accelerate product development and industrialization of quantum computers. This collaboration will likely propel the adoption of quantum computing technologies, contributing to European technological sovereignty.