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Dow & 1QBit to collaborate on Quantum Computing

By Niranjan Mudholkar,

Added 23 June 2017

To develop tools for the chemicals and materials science technology spaces

The Dow Chemical Company (NYSE: DOW) and 1QB Information Technologies (1QBit) have announced a collaboration agreement to develop quantum computing tools for the chemicals and materials science technology spaces.

By combining Dow's unique innovation capabilities with 1QBit's leading expertise in the development of applications for quantum computing, the two companies will accelerate the deployment of quantum computing across a range of applications relevant to the chemical sector.

"Our preliminary work with 1QBit has been very encouraging," said A.N. Sreeram , senior vice president, R&D, and chief technology officer for Dow. "Together with 1QBit, we have achieved ‘proof of concept' for the application of quantum computing in areas relevant to Dow. With this new, multi-year agreement, we intend to develop a robust capability in the quantum computing space, further advancing our world-class innovation capabilities and maximizing shareholder return."

The collaboration will augment Dow's discovery process by building strong fundamental understanding of new chemicals and materials. The combination of next-generation computational methodologies with experimental design will drive new acceleration of product and process development.

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