logo
logo

Terra Quantum Announces Strategic Partnership With Siemens for Quantum-as-a-Service Platform Integration

Terra Quantum Announces Strategic Partnership With Siemens for Quantum-as-a-Service Platform Integration

04/29/25, 7:35 AM
Industry
software
Type
partnership
Terra Quantum and Siemens Cre8Ventures have announced a strategic partnership with the aim of integrating a Quantum-as-a-Service platform into the Siemens Cre8Ventures Digital Twin Marketplace, advancing sovereign European automotive and aerospace applications. This collaboration will provide unparalleled access to secure and high-performance quantum capabilities for start-ups, technical universities, and corporations, directly supporting the objectives of the EU Chips Act.

Company Info

Company
Terra Quantum
Additional Info
With its own quantum chips still a couple of years out, this currently means the company focuses on offering a library of quantum algorithms to its customers and quantum security tools, including a quantum key distribution service. As for its own hardware, the company tells me that it is “very interested in superconducting qubits.” The company plans to use the new funding to expand its R&D capabilities (something it’ll need if it wants to build its own quantum hardware) and extend its Quantum-as-a-Service offering (for which it’ll need that hardware).“We strongly believe in partnering with exceptional technology founders.