Founded in Palo Alto, USA in September 2022, by Richard Givhan Engineering Physics graduate from Stanford and Mykola Maksymenko R&D VP at SoftServe, Haiqu develops quantum distributed computing software that radically improves efficiency and decreases the cost of computations of quantum computers. Haiqu is accelerating the timeline to practical quantum computing by developing novel software that can extract value out of clumsy near-term quantum hardware, enabling quantum applications that were previously impossible
The Company develops technology that reduces the size of Quantum Circuits by 30 times. Such compression allows running large and complex algorithms on near term hardware and unleashes wider applications across various industries. Quantum computing has the potential to transform computing technology by performing complex calculations much faster than traditional computers, opening new possibilities for drug discovery, financial modeling, energy, and biotechnology industries.