Xanadu awarded $2M ARPA-E grant

Xanadu Quantum Technologies has been selected to receive $2,027,507 in funding from the U.S. Department of Energy Advanced Research Projects Agency-Energy. The funding is part of the Quantum Computing for Computational Chemistry program that seeks to develop and apply quantum algorithms to accelerate simulations of chemistry and materials science to advance commercial energy applications ranging from superconducting power lines, advanced batteries, engineered rare earth magnets, and breakthrough catalytic systems. Led by Xanadu, in partnership with the University of Chicago, the three year project will focus on developing quantum algorithms to study key processes of defect formations in battery materials. These simulations will yield critical data essential for accelerating the development of batteries with higher energy densities and extended longevity.