Phasecraft

We're excited to welcome Alberto Nocera to the Phasecraft team. Alberto brings deep experience in the classical simulation of quantum many-body systems and quantum research, and we look forward to working together.

There's still time to register for today's quantum computing panel hosted by the Institute of Physics and the Deutsche Physikalische Gesellschaft e. V. (DPG). Our co-founder and CEO, Ashley Montanaro, will be in esteemed company discussing the remarkable milestones achieved to date in quantum computing, along with the practical advantages still to come. Join us!

Great to be featured in The Economist’s latest piece on the UK’s quantum momentum which highlights the shift from theory to practice in quantum technology. The article cites McKinsey & Company’s predictions that quantum computing could create over $1 trillion in value by 2035 across the automotive industry, chemicals, finance and life sciences. That future depends on solving real problems sooner, not just proving what is possible but delivering it. Our work at Phasecraft is focused on helping deliver that future sooner via our algorithms, developing tools like Mondrian that showcase what can be achieved today by combining classical and quantum computing to tackle complex optimization problems facing industries such as energy, finance and logistics. Read more below.

Is there anything standing between today’s quantum hardware and tomorrow’s useful applications? Our CEO Ashley Montanaro spoke to Philip Ball at Physics World for his piece which explores the progress and challenges of building fault-tolerant systems, developing platform-independent algorithms and what early commercial adoption might look like. We believe genuine value can be delivered already in this NISQ era with hundreds of qubits. Hybrid quantum-classical approaches, where quantum plays a targeted supporting role like our software optimisation platform Mondrian, demonstrate a huge opportunity in solving real problems. Behind it all is something bigger. As Ashley said: “Quantum computing and quantum information are really pushing the boundaries of what we think of as quantum mechanics today.” Read more below.

Since the Enlightenment, progress in science and technology has relied on ideas moving freely across borders. The recent announcement by Sir Patrick Vallance of a new quantum partnership between the UK, G7 nations and Australia to share research is a welcome step in that spirit. No single country can meet the challenge of building scalable, secure quantum systems alone. Collaboration accelerates discovery, ensures interoperability and strengthens trust. Yet barriers to international research remain all too common, a concern we’ve raised before in Sifted. It is good to see global cooperation returning to the heart of quantum research, where it has always belonged. Check the links in the comments for more.

👏 Congratulations to Quantinuum, our partner, on the launch of Helios We’re proud to see our patented compact fermionic encoding combined with this state-of-the-art hardware in simulations of the Fermi–Hubbard model, a key framework for enabling quantum computers to explore superconductivity. Efficient fermion-to-qubit mappings are crucial for studying strongly correlated materials at scale, and it's exciting to see that licensing Phasecraft’s compact fermionic encoding technology has enabled Quantinuum to achieve outstanding results using their cutting-edge ion trap hardware. We look forward to continuing our fruitful collaboration with Quantinuum and our other hardware partners to translate quantum computing advances into real-world discoveries. Read more about the launch of Helios and our partnership with Quantinuum at the links in the comments 👇

⚛️ We’re back for another year at the UK National Quantum Technologies Showcase, organised by Innovate UK A flagship event of the UN’s International Year of Quantum Science and Technology (and in our backyard!), we’ll be at booth number 82 and can’t wait to talk shop about quantum algorithmic innovation and real-world impact. If you’re attending, come say hi. 📍 7 November at the QEII Centre, London

“Britain’s quantum software start-ups might be giants.” - John Gapper, Financial Times Our CEO Ashley Montanaro and Phasecraft investor Ian Hogarth, Plural, spoke to John for an important piece on the future of quantum computing. Read Ashley’s take below 👇

🇬🇧 An ambitious roadmap for UK quantum leadership   Phasecraft has contributed to a new report from Tony Blair Institute for Global Change detailing a Strategy for UK quantum sovereignty and scale. The institute’s strategy highlights the massive economic opportunity quantum adoption is poised to deliver to the UK and underlines the importance of quantum software and algorithms, which draw on the country’s comparative advantages, world-class academic talent, a thriving R&D base and a proven spinout pipeline. “Quantum-software companies are less capital-intensive, reducing the pressure to relocate abroad or sell to overseas tech giants. This gives the UK a realistic chance to anchor long-term economic value in its domestic system, with quantum algorithm companies such as Phasecraft already leading the way.” See the link to the full report in the comments section.

Thoughtful and timely summary from our partners at Google on where quantum computing is headed. We share the view that this is a continuum, not a switch to be flipped. At Phasecraft, we are focused on making today’s quantum computers useful through breakthrough algorithms that deliver real-world results now. This includes demonstrating how classical and quantum computing can work together to tackle problems. James Manyika also made a poignant point about jobs, something that can be overlooked in our industry. As this field grows, we will need more engineers, developers and researchers ready to turn potential into progress. It’s an incredibly exciting time to be in quantum!