Rigetti Computing Awarded DARPA IMPAQT Contract to Advance Quantum Algorithms for Solving Combinatorial Optimization Problems
03 Outubro 2023 - 9:30AM
Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the
“Company”), a pioneer in full-stack quantum-classical computing,
today announced that it was awarded a Defense Advanced Research
Projects Agency (DARPA) project as part of the Imagining Practical
Applications for a Quantum Tomorrow (IMPAQT) program to advance the
state-of-the-art in quantum algorithms for solving combinatorial
optimization problems. Rigetti’s project, “Scheduling Problems with
Efficient Encoding of Qubits” (SPEEQ), seeks to develop a novel and
efficient encoding of optimization problems onto qubits, with the
goal of enabling larger problems to be mapped to currently
available NISQ-era quantum computers. The project will specifically
address scheduling problems, which are among the best-known and
most pervasive types of combinatorial optimization problems across
numerous industries, as well as some of the most challenging to
solve.
Current quantum algorithms are limited in the size
of the problems they can solve by the available number of qubits on
a QPU. One of the main objectives of the SPEEQ project is to enable
quantum algorithms to solve larger problems so that better
comparisons can be made to current classical heuristic algorithms.
The problems solved by current benchmarked hybrid quantum-classical
algorithms are about 100 times smaller than those solved by
classical algorithms, which means it is difficult to determine how
these hybrid algorithms will perform at relevant scale.
The SPEEQ project emerged from findings in
Rigetti’s project for the DARPA ONISQ program, “Scheduling
Applications with Advanced Mixers” (SAAM). In partnership with NASA
and USRA, Rigetti is implementing hybrid quantum classical
algorithms for solving binary optimization problems by mapping
these problems to quantum processors at increasing scales. The team
is observing that the algorithmic performance improves with an
increased number of quantum operations. However, the problem size
in the SAAM project can still be solved efficiently with classical
heuristic algorithms, which are capable of solving problems with up
to 10,000 variables. The SPEEQ project will leverage the findings
and benchmarks from the SAAM project to address a central question
regarding the trade-off between number of qubits used and number of
quantum operations used, which is critical in designing new
algorithms.
“One of Rigetti’s main goals is to develop
practical applications for quantum computing. Being selected to
work on the DARPA IMPAQT program gives us the opportunity to go
further with our algorithm research, in this case with optimization
problems - a class of problems with a broad impact on society.
Advancements in algorithms for hybrid quantum-classical quantum
computing systems will be very important in reaching narrow quantum
advantage,” says Dr. Subodh Kulkarni, Rigetti Chief Executive
Officer.
The qubit-efficient encoding scheme proposed in
this project has potential for numerous benefits beyond solving
scheduling problems. Novel algorithms that solve hard combinatorial
optimization problems could have a profound impact on supply
chains, logistics, and other industries with complex
operations.
About RigettiRigetti is a pioneer
in full-stack quantum computing. The Company has operated quantum
computers over the cloud since 2017 and serves global enterprise,
government, and research clients through its Rigetti Quantum Cloud
Services platform. The Company’s proprietary quantum-classical
infrastructure provides high performance integration with public
and private clouds for practical quantum computing. Rigetti has
developed the industry’s first multi-chip quantum processor for
scalable quantum computing systems. The Company designs and
manufactures its chips in-house at Fab-1, the industry’s first
dedicated and integrated quantum device manufacturing facility.
Learn more at www.rigetti.com.
Rigetti Computing Media
Contact:press@rigetti.com
Cautionary Language Concerning
Forward-Looking StatementsCertain statements in this
communication may be considered “forward-looking statements” within
the meaning of the federal securities laws, including statements
with respect to expectations related to DARPA’s IMPAQT program and
Rigetti’s SPEEQ project, including the development of a novel and
efficient encoding of optimization problems on qubits with the goal
of enabling larger problems to be mapped to currently available
NISQ-era quantum computers; expectations with respect to Rigetti’s
goal of developing practical applications for quantum computing,
including potential uses, advancements, benefits, and ability to
solve problems; the potential for quantum computing generally and
Rigetti’s efforts to reach narrow quantum advantage.
Forward-looking statements generally relate to future events and
can be identified by terminology such as “commit,” “may,” “should,”
“could,” “might,” “plan,” “possible,” “intend,” “strive,” “expect,”
“intend,” “will,” “estimate,” “believe,” “predict,” “potential,”
“pursue,” “aim,” “goal,” “outlook,” “anticipate,” “assume,” or
“continue,” or the negatives of these terms or variations of them
or similar terminology. Such forward-looking statements are subject
to risks, uncertainties, and other factors which could cause actual
results to differ materially from those expressed or implied by
such forward-looking statements. These forward-looking statements
are based upon estimates and assumptions that, while considered
reasonable by Rigetti and its management, are inherently uncertain.
Factors that may cause actual results to differ materially from
current expectations include, but are not limited to: Rigetti’s
ability to achieve milestones, technological advancements,
including with respect to its roadmap, help unlock quantum
computing, and develop practical applications; the ability of
Rigetti to complete ongoing negotiations with government
contractors successfully and in a timely manner; the potential of
quantum computing; the ability of Rigetti to obtain government
contracts and the availability of government funding; the ability
of Rigetti to expand its QCS business; the success of Rigetti’s
partnerships and collaborations; Rigetti’s ability to accelerate
its development of multiple generations of quantum processors; the
outcome of any legal proceedings that may be instituted against
Rigetti or others; the ability to meet stock exchange listing
standards; costs related to operating as a public company; changes
in applicable laws or regulations; the possibility that Rigetti may
be adversely affected by other economic, business, or competitive
factors; Rigetti’s estimates of expenses and profitability; the
evolution of the markets in which Rigetti competes; the ability of
Rigetti to execute on its technology roadmap; the ability of
Rigetti to implement its strategic initiatives, expansion plans and
continue to innovate its existing services; the impact of the
COVID-19 pandemic on Rigetti’s business; disruptions in banking
systems, increased costs, international trade relations, political
turmoil, natural catastrophes, warfare (such as the ongoing
military conflict between Russia and Ukraine and related sanctions
against Russia), and terrorist attacks; and other risks and
uncertainties set forth in the section entitled “Risk Factors” and
“Cautionary Note Regarding Forward-Looking Statements” in the
Company’s Annual Report on Form 10-K for the year ended December
31, 2022, the Company’s future filings with the SEC, including the
Company’s Quarterly Report on Form 10-Q for the three months ended
June 30, 2023, and other documents filed by the Company from time
to time with the SEC. These filings identify and address other
important risks and uncertainties that could cause actual events
and results to differ materially from those contained in the
forward-looking statements. Forward-looking statements speak only
as of the date they are made. Readers are cautioned not to put
undue reliance on forward-looking statements, and the Company
assumes no obligation and does not intend to update or revise these
forward-looking statements other than as required by applicable
law. The Company does not give any assurance that it will achieve
its expectations.
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