USRA, D-Wave, and Standard Chartered Bank Announce Quantum Research Competition

MOUNTAIN VIEW, Calif. and BURNABY, Canada, and LONDON, Sept. 14, 2020 /PRNewswire/ -- A quantum research competition inviting universities and nonprofits to compete for free time on a quantum computer was just announced by three collaborating organizations.  The Universities Space Research Association (USRA) a non-profit organization chartered by the National Academy of Sciences and NASA to advance space exploration and science and engage the University community in its efforts; D-Wave, a global leader in quantum computing systems, software and services; and Standard Chartered Bank, a leading international banking group, jointly announced a Research Opportunity Program inviting eligible candidates to compete for free time on the D-Wave 2000Q™ quantum computer hosted at NASA's Ames Research Center in Silicon Valley.

The competition builds upon the success of previous competitions.  First launched in 2014, the Research Opportunity Program has given access to the D-Wave quantum computer for principal investigators and collaborators representing more than 30 distinct institutions and resulted in more than 50 publications in peer-reviewed journals. Information about the previously awarded projects is available at https://riacs.usra.edu/quantum/rfp. The objective of the program is to advance the state-of-the-art in quantum computing and its application to artificial intelligence.

USRA has been a customer and collaborator of D-Wave since the inception of NASA's Quantum Artificial Intelligence Laboratory (QuAIL) in 2013. QuAIL has been conducting research in quantum annealing on multiple systems including the 512-qubit D-Wave Two, the 1024-qubit D-Wave 2X and the current 2000+ qubit D-Wave 2000Q.

Dr. Davide Venturelli of the USRA Research Institute for Advanced Computer Science, which has been working with NASA since 1983 conducting collaborative research in artificial intelligence and advanced computing projects, noted  "Our previous quantum annealing programs delivered science discoveries as well as many foundational proof-of-concept applications in the field of machine learning, robotics, supply chain management, wireless communications and many others. We believe that empirical research on large-scale machines such as the D-Wave quantum computer is essential to create efficient future hybrid quantum-classical solutions and to train the workforce of quantum computing professionals of tomorrow."

Standard Chartered Bank, a leading international banking group that is present in 60 markets, announced last month a partnership with USRA to investigate the applications of quantum computing to machine learning and optimization. Kahina Van Dyke, Global Head of Digital Channels and Data Analytics, says "At Standard Chartered, we recognize the importance of investing in quantum computing and the impact on commercial outcomes it will bring in due course. It is why we believe programs like these are essential to help us discover a pipeline of ideas that will bring us closer to the demonstration of quantum advantage on the real-world practical use cases".

Winners of the competition will receive valuable, free time on the D-Wave 2000Q system at NASA Ames.  A governing committee evaluates submitted proposals on the scientific merit, on the research team and on the application objective, as detailed in the request for proposals (RFP).

"Quantum computing has always been at its best when the industry is focused on collaborative research and development," said Mark Johnson, VP Processor Design and Development, D-Wave. "More and more businesses and developers are exploring quantum applications to turn their ideas into real innovation with a tangible impact. Competitions like the Research Opportunity Program are important to bring together research institutions, non-profits and academic organizations to further quantum advancements, and move the entire ecosystem forward."

PR Contacts:

USRA: PR Contact: Dr. Suraiya Farukhi, [email protected]; Tel: 443-812-694 Technical Contact: David Bell, [email protected]

Standard Chartered: Shaun Gamble, [email protected]  Tel: +44 2078855934

D-Wave:  Addy Bhasin, [email protected] Tel:  949-812-1560

About USRA

Founded in 1969, under the auspices of the National Academy of Sciences at the request of the U.S. Government, the Universities Space Research Association (USRA) is a nonprofit corporation chartered to advance space-related science, technology and engineering.  USRA operates scientific institutes and facilities, and conducts other major research and educational programs, under Federal funding.  USRA engages the university community and employs in-house scientific leadership, innovative research and development, and project management expertise.

RIACS is a USRA department for research in fundamental and applied information sciences, leading projects on quantum computing funded by NASA, DARPA, the US Airforce and the National Science Foundation. More information is available at: https://riacs.usra.edu/quantum/ and www.usra.edu

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About Standard Chartered

A leading international banking group, with a presence in 60 of the world's most dynamic markets, and serving clients in a further 85 Standard Chartered drives commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, Here for good, Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges.

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About D-Wave Systems Inc.

D-Wave is the leader in the development and delivery of quantum computing systems, software and services and is the world's first commercial supplier of quantum computers. Our mission is to unlock the power of quantum computing for the world. We do this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, cybersecurity, fault detection, and financial modeling. D-Wave's systems are being used by some of the world's most advanced organizations, including NEC, Volkswagen, DENSO, Lockheed Martin, USRA, USC, Los Alamos National Laboratory, and Oak Ridge National Laboratory. With headquarters near Vancouver, Canada, D-Wave's US operations are based in Palo Alto, CA and Bellevue, WA. D-Wave has a blue-chip investor base including PSP Investments, Goldman Sachs, BDC Capital, NEC Corp., and In-Q-Tel. For more information, visit: www.dwavesys.com

SOURCE Universities Space Research Association