May 7, 2022   SOURCE: BusinessWire

SEEQC’s Statement in Support of President Biden’s Executive Order and National Security Memorandum on Quantum Computing

SEEQC, the digital quantum computing company, today released a statement announcing its strong support for an Executive Order and National Security Memorandum signed by President Biden on May 4, 2022 that both address quantum computing. The Executive Order is designed to ensure the United States develops and maintains its leadership role in the quantum computing and quantum information sciences (QIS) industries. The National Security Memorandum outlines the “key steps needed to maintain the Nation’s competitive advantage in quantum information science (QIS), while mitigating the risks of quantum computers to the Nation’s cyber, economic, and national security.” In both initiatives, the President rightly identifies the challenges necessary to adequately scale and provide assistance to the development of the industry.

Below is the statement from SEEQC CEO and co-founder John Levy on both the Executive Order and National Security Memorandum:

“Quantum computers, quantum software and semiconductors are essential for many of the federal government’s current and future projects. As the President pointed out, and as we at SEEQC know well, this technology is essential for the future of several industries that power the American economy. A competitive edge in energy, pharmaceuticals, cybersecurity as well as the opportunity to create new jobs in emerging industries may only be made possible through the investment in and advancement of quantum computing.

“A stable supply of domestically-fabricated quantum chips and wafers is crucial to the creation of quantum applications, and it is a key component of a holistic governmental approach advocated for in the executive order. Through the increased investment in the manufacturing of quantum chips, the United States can secure its role as the leader in quantum technology, unlocking a future otherwise not possible while decreasing its reliance on foreign markets.

“We fully support President Biden’s dedication to bringing this world-changing technology to fruition, and SEEQC is honored to be a part of it. We look forward to continuing to work with the administration and our partners in government, industry and academia to address all the issues and opportunities in front of this industry.”

About SEEQC: SEEQC is developing the first fully digital quantum computing platform for global businesses. SEEQC combines classical and quantum technologies to address the efficiency, stability and cost issues endemic to quantum computing systems. The company applies classical and quantum technology through digital readout and control technology and a unique chip-scale architecture. SEEQC’s quantum system provides the energy- and cost-efficiency, speed and digital control required to make quantum computing useful and bring the first commercially-scalable, problem-specific quantum computing applications to market.

The company is one of the first companies to have built a superconductor multi-layer commercial chip foundry and through this experience has the infrastructure in place for design, testing and manufacturing of quantum-ready superconductors. SEEQC is a spin-out of HYPRES, the world’s leading developer of superconductor electronics. SEEQC’s team of executives and scientists have deep expertise and experience in commercial superconductive computing solutions and quantum computing. SEEQC is based in Elmsford, NY with facilities in London, UK and Naples, Italy.