Federal grant · cooperative agreement (b)
Coldquanta, Inc. Dba Infleqtion New Award Control Number: 3387-2557 Vision Open 2024 (DE-FOA-0003387) Project Title: Enhancing Neutral-atom Computers for Optimizing Delivery of Energy (ENCODE) Description: “the Energy Grid and Intermodal Energy Superhighway Are Becoming Ever More Complex Thanks to Renewable Energy Sources, Which – Unlike Traditional Sources – Are Decentralized and Variable, Demanding Advanced Grid Management Solutions to Ensure Stability, Efficiency, and Security. Rising Global Energy Demands, Especially as They Are Increasingly Met by Renewable Energy Sources, Necessitate Efficient Solutions to Ever More Complex Optimization Problems, Like “unit Commitment”. Unit Commitment Is a Mathematical Formulation of the Problem of Maximizing Cost-efficiency in Coordination of Generator Sources to Meet Fluctuating Energy Demands. Improving Unit Commitment Solvers Generates Tremendous Economic Impact in the Energy Sector Measured in Billions of Dollars Per Year. Encode Leverages Quantum Computing, a Novel Computing Modality That Is Fundamentally More Powerful Than Traditional “classical” Computing (cpu, Gpu, Tpu) Approaches in That It Unlocks a Classically Inaccessible Class of Algorithms. the Encode Program Aims That Novel Computational Power at Improving Energy Sector Efficiency and Intelligent Power Utilization Through the Development of Appropriate Quantum Algorithms and the Advancement of a Uniquely Scalable Quantum Computing Technology That Uses Individual Atoms as Computational Quantum Bits.”
Committed
$5.3 Million
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