Phasecraft, a company specializing in the development of quantum algorithms, has secured £13 million in funding for an important project aimed at using quantum computing mechanisms to create new materials that will contribute to the transition to renewable energy.
According to Ashley Montanaro, the co-founder and CEO of Phasecraft, quantum algorithms are similar to classical algorithms, but can only be implemented on special quantum computers. However, existing quantum machines are highly unstable and noisy, making it difficult to achieve accurate results with standard schemes, such as searching for new drugs. Montanaro explains that the mechanisms developed by Phasecraft reduce the hardware requirements and perform better under these constraints.
The company has already proposed a program for efficiently simulating necessary materials, which is a million times more efficient than existing methods.
Although further improvements are needed for full implementation of quantum technologies, Montanaro believes that they have the potential to revolutionize the energy sector. He highlights how these developments could lead to the creation of more efficient cathodes for batteries, enabling electric cars to travel longer distances, or the development of effective solar panels.
Currently, Phasecraft is continuing its research, with a particular focus on halide perovskite, a substance based on lead and methylammonium. This substance has potential applications in solar panels and LEDs.
The impact of this breakthrough in the energy sector and materials science is expected within the next few years. Phasecraft aims to position itself as a leader in this field by actively developing and adapting its technologies to address global challenges.