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technology20h ago
Irish university spin-out raises €50m to develop quantum computing technology | The Irish Post
- Ireland’s Equal1 raises €50m to deploy its Bell-1 silicon quantum server for data centres.
- Bell-1 is described as the world’s first silicon-based quantum computer server and the first Irish-made quantum computer.
- The funding round was led by the Ireland Strategic Investment Fund (ISIF) with other investors including Atlantic Bridge and the European Innovation Council Fund.
- European Space Agency is a customer and will implement Bell-1 in its Space HPC in Italy.
- Equal1 aims to unlock $100bn in value by 2035 as AI drives demand for quantum solutions.
- Bell-1 can be used in existing data centres and plugs into a standard power socket.
- Equal1 currently employs 45 people across the US, Canada, Romania, Japan and the Netherlands.
- ISIF describes its investment as supporting indigenous Irish businesses scaling internationally.
- The Space Agency plans to implement Bell-1 in its Space HPC in Italy.
- Equal1’s Bell-1 is named after physicist John Stewart Bell.
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