• Home
  • Business
  • Economy
  • Finance
  • Investment
    • PIF
  • Technology
  • Real Estate
  • Events
  • Vision 2030
  • Projects
    • NEOM
    • Qiddiya
    • The Line
Saudi Business News
Tuesday, May 13
19:53
40 °c
Riyadh
No Result
View All Result
Saudi Business News
  • Home
  • Business
  • Economy
  • Finance
  • Investment
    • PIF
  • Technology
  • Real Estate
  • Events
  • Vision 2030
  • Projects
    • NEOM
    • Qiddiya
    • The Line
No Result
View All Result
Saudi Business News
No Result
View All Result

HomeTechnologyQuantum Leap in Saudi Arabia: Aramco’s Quantum Computing Venture

Quantum Leap in Saudi Arabia: Aramco’s Quantum Computing Venture

Pasqal and Aramco's Alliance for Quantum Innovation

May 20, 2024
in Technology
Reading Time: 2 mins read
152
SHARES
1.9k
VIEWS
Share on FacebookShare on XShare on LinkedInShare on Telegram

In a landmark move for the advancement of technology in Saudi Arabia, energy titan Aramco has announced a strategic partnership with quantum computing frontrunner Pasqal. This collaboration will result in the establishment of the kingdom’s inaugural quantum computer, marking a milestone in the region’s tech evolution.

Under the terms of the arrangement, Pasqal will be responsible for the installation, upkeep, and operation of a 200-qubit quantum computer set to be operational in the latter half of 2025. Initially utilizing an ‘analog mode’, the quantum system is poised to transition to a superior ‘analog-digital mode’ after the first year, amplifying its capacity to tackle even more complex computational challenges.

RelatedPosts

Global AI Hub Law: Saudi Arabia’s Digital Governance Leap

Wearable Technology Market in Saudi Arabia: Growth & Trends

Digital Identity Solutions Drive Saudi Smart Cities

Aramco is delighted to partner with Pasqal to bring cutting-edge, high-performance quantum computing capabilities to the Kingdom. In a rapidly evolving digital landscape, we believe it is crucial to seize opportunities presented by new, impactful technologies and we aim to pioneer the use of quantum computing in the energy sector, stated Ahmad Al-Khowaiter, Aramco’s Executive Vice President of Technology and Innovation.

Georges-Olivier Reymond, CEO and Co-founder of Pasqal, expressed that quantum computing is making the leap from theoretical concepts to practical applications, empowering organizations to solve complex problems at an unprecedented scale. He emphasized that the agreement will propel the commercial utilization of this revolutionary technology in Saudi Arabia.

Both Pasqal and Aramco envision leveraging the quantum computer to discover new applications and aim to build a quantum research hub within the Kingdom. This initiative will include prominent academic entities to advance quantum algorithm development, an integral component for harnessing the full capabilities of quantum computing.

The partnership also signifies an expansion of Pasqal’s presence in Saudi Arabia. After establishing an office in the kingdom in 2023 and signing a Memorandum of Understanding with Aramco in 2022 to explore quantum computing in the energy sector, Pasqal has witnessed increased engagement with Aramco, including an investment from Aramco’s Wa’ed Ventures during Pasqal’s Series B funding round.

Tags: AramcoPasqalQuantum Computingsaudi arabiatechnology partnership
Share61Tweet38Share11Share

© 2025 Copyright, Saudi Business News

No Result
View All Result
  • Home
  • Business
  • Economy
  • Finance
  • Investment
    • PIF
  • Technology
  • Real Estate
  • Events
  • Vision 2030
  • Projects
    • NEOM
    • Qiddiya
    • The Line

© 2025 Copyright, Saudi Business News

Go to mobile version