Application now available to members of the IBM Quantum Network including Fortune
500 companies, academic institutions, and research labs
ANAHEIM, CALIF.- March 18, 2025 - Kipu Quantum, a leader in application and hardware-
specific quantum computing solutions, announces that its Iskay Quantum Optimizer, a
function available on Kipu’s PLANQK platform, is now available for use through IBM’s Qiskit Functions Catalog.
With the Iskay Quantum Optimizer, businesses have a new option to tackle complex
optimization problems using IBM’s utility-scale quantum systems. The application is
available to IBM Quantum Network member organizations’ developers, researchers, and
data scientists worldwide.
“I’m excited to share Kipu Quantum’s new Qiskit function, Iskay Quantum Optimizer, with
our users. This function, built on the BF-DCQO algorithm, is an excellent example of a
heuristics for optimization applications, which has the potential to drive us as a community faster to quantum advantage. I’m looking forward to learning more about how optimization researchers use the function on IBM’s quantum systems, in their quantum workflows,” said Jay Gambetta, Vice President, IBM Quantum.
The Iskay Quantum Optimizer is engineered to address complex optimization problems,
such as higher-order unconstrained binary optimization (HUBO), capable of using all 156
qubits on an IBM Heron processor-powered system. Leveraging Kipu's advanced BF-DCQO algorithm, the application delivers a high-quality solution in a short time frame due to the non-variational nature of the algorithm.
"We are delighted to have our product, Iskay Quantum Optimizer, featured in the IBM Qiskit Functions Catalog. This collaboration with IBM underscores our commitment to providing co-designed quantum solutions recognized by leading hardware innovators. The incredible efforts and brilliance of our team have resulted in a technology that can outperform other quantum algorithms and classical solvers at quantum-utility-level for exploring real-world applications," said Daniel Volz, CEO and Co-founder of Kipu Quantum.
The development of quantum algorithms to solve complex large-scale combinatorial
optimization problems is important in quantum computing to achieve the sought-after
potential across various industries, including logistics, finance, telecommunications,
energy, chemistry, artificial intelligence, materials, and manufacturing. Traditional
computing struggles to manage the complexities of these challenges.
Last year, Kipu Quantum unveiled its new algorithm Bias-Field Digitized Counterdiabatic
Quantum Optimization (BF-DCQO), which utilizes quantum dynamics, effectively encoding
the optimization scenarios into gate-based quantum computers to outperform traditional
algorithms like QAOA. This groundbreaking technology, harnessing counterdiabatic
protocols, enabled one of the largest optimization experiments to date on a utility-scale
IBM quantum system, utilizing all 156 qubits of an IBM Heron processor.
Kipu Quantum wants to honor its commitment to lead worldwide in quantum computing
solutions by naming its product involving the word defining number two in Quechua
language, given that the number one should remain as the constant goal.
Contact Kipu Quantum to gain access to the Iskay Quantum Optimizer through the Qiskit Functions Catalog on the IBM Quantum Platform.
Read the Docs @IBM:
About Kipu Quantum:
Kipu Quantum is a German company developing hardware- and application-specific
quantum computing solutions for a wide range of industries. Founded in 2021, Kipu
Quantum’s approach has the potential to solve industry-relevant problems in the order of
100-1,000 physical qubits due to novel algorithmic compression methods. Kipu’s
technology is compatible with all leading quantum hardware technologies. The company iscurrently testing its technology with customers in the pharmaceutical, chemical, logistics, artificial intelligence, and finance industries. In July 2024, Kipu Quantum announced a strategic acquisition of PLANQK, a leading quantum computing platform. This acquisition is drastically accelerating the commercialization of Kipu’s application- and hardware-specific algorithms, enabling frictionless access for organizations to integrate quantum solutions into their existing processes. Visit www.kipu-quantum.com
Contact:
Joanna Folberth
Andrew Pourinski
Mail: andrew@hkamarcom.com