TITLE: Quantum computing and its application to strategic industries
DURATION: With a duration of 39 months, CUCO starts the 1st of October 2021 and will conclude on the 31st of December 2024.
BRIEF DESCRIPTION: The objective of the project is to advance the state of the art of quantum algorithms and apply the resulting knowledge to a series of proofs of concept in different strategic sectors of the Spanish economy, such as: Energy, Financial, Space, Defense and Logistics.
ABSTRACT: The CUCO project, funded by the Spanish CDTI and supported by the Spanish Ministry of Science and Innovation under the Recovery, Transformation and Resilience Plan, emerges as the first major quantum computing project at a national and business level with the aim of advancing the scientific knowledge and technology of quantum computing algorithms through public-private collaboration between companies, research centers and universities to speed up the implementation of these technologies for use in the midterm. In addition, CUCO will identify a series of relevant use cases in the Spanish economy where concept tests will be carried out to study whether quantum computing could improve the performance of classical computing to respond to business needs. In this context, use cases will be investigated in Earth observation, the fight against climate change, the traceability of information throughout the supply chain, signal intelligence, etc. Likewise, the CUCO project, through the quantum computing research that will be carried out, will have an impact on improving environmental sustainability, since quantum computing promotes more energy efficient algorithms.
Supported by: CDTI Center for the Development of Industrial Technology
Participants: GMV, Amatech, BBVA, DAS Photonics, Multiverse computing, Qilimanjaro Quantum Tech, Repsol, Universitat Politècnica de València, Barcelona Supercomputing Center, Consejo Superior de Investigaciones Científicas (CSIC), Donostia International Physics Center, Instituto de Ciencias Fotónicas (ICFO), and Tecnalia.