openPR Logo
Press release

Quantum-South Soars as a Finalist in the Hello Tomorrow Global Challenge, Revolutionizing Aerospace with Quantum Computing

03-14-2024 05:48 PM CET | IT, New Media & Software

Press release from: Quantum-South

Hello Tomorrow Global Challenge - Aerospace Sector - Quantum-South

Hello Tomorrow Global Challenge - Aerospace Sector - Quantum-South

PARIS, France - MONTEVIDEO, Uruguay - March 13th, 2024 - Quantum-South, a visionary leader in quantum computing applications for logistics optimization, proudly announces its selection as a finalist in the Hello Tomorrow Global Challenge. Among 4,500 global contenders, Quantum-South has distinguished itself as a pioneering force within the aerospace sector, underscoring its commitment to redefining cargo logistics through quantum computing innovations.

This significant recognition comes as a testament to the relentless innovation and hard work by the team at Quantum-South. Established in 2019 within the nurturing academic environment of the University of Montevideo, the startup has rapidly evolved, garnering support from ANII, angel investors, and through participations in accelerators across Europe and the United States.

A Quantum Leap in Aerospace

Quantum-South's groundbreaking approach to cargo logistics optimization employs quantum-inspired algorithms to tackle the industry's most complex challenges. This innovative method promises unparalleled efficiencies and sustainability in aerospace logistics, potentially transforming operational paradigms and setting new benchmarks for cargo load factors and revenue optimization.

The Hello Tomorrow Global Challenge, renowned for accelerating deep tech startups, provides Quantum-South with a unique platform to showcase its solutions. With the finals set for March 21st and 22nd in Paris, Quantum-South is poised to pitch its vision to an esteemed jury and an audience comprising potential partners, clients, and investors.

Fostering Global Collaboration and Innovation

As a finalist, Quantum-South aims to captivate strategic allies and investors who share its ambition of leveraging quantum computing to revolutionize the aerospace industry. Co-founder Martin Machin expressed, "Being finalists in Hello Tomorrow is an extraordinary acknowledgment of our dedication and the innovation that characterizes Quantum-South. This opportunity not only validates our technology but also places us on a global stage, ready to engage with industry leaders and potential collaborators."

Looking Towards a Quantum-Enhanced Future

Quantum-South is not just stopping at aerospace. The company's optimization techniques, honed in the skies, are now being tailored for maritime and terrestrial logistics, with a vision to expand into energy and financial services. The future holds continuous development and refinement of Quantum-South's solutions, aiming for broader application and impact.

With plans to extend their proof-of-concept collaborations with major players like IAG Cargo and Amerijet International, Quantum-South is actively seeking to forge partnerships with global aviation companies and explore opportunities within and beyond Uruguay.

Quantum-South
Martin Machin
mmachin@quantum-south.com
Av. Ing. Luis P. Ponce 1307
11300 Montevideo - Uruguay

About Quantum-South

Founded in 2019, Quantum-South works with complex optimization problems for air and maritime cargo leveraging quantum computing software. Quantum South was born in Universidad de Montevideo and is the first quantum start-up in Latin America. Quantum South aims to achieve better results than conventional solutions available today and help companies to improve revenues and reduce costs.

https://www.quantum-south.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Quantum-South Soars as a Finalist in the Hello Tomorrow Global Challenge, Revolutionizing Aerospace with Quantum Computing here

News-ID: 3428216 • Views:

More Releases from Quantum-South

Kipu Quantum and Quantum-South Announce Strategic Partnership
Kipu Quantum and Quantum-South Announce Strategic Partnership
Karlsruhe, Germany / Montevideo, Uruguay - June 4th 2024 Kipu Quantum GmbH, a German quantum software company focusing on developing application- and hardware-specific quantum solutions for or a wide range of industries, and Quantum-South, a quantum computing startup with solutions for logistics optimization, are pleased to announce a strategic partnership aimed at transforming industries across Latin America and other global markets. This alliance is set to leverage the unique strengths of
APSO, Quantum-South's Air Cargo Optimization Tool, Now Accessible on IATA's Open API Hub
APSO, Quantum-South's Air Cargo Optimization Tool, Now Accessible on IATA's Open …
Montevideo, December 14th - Quantum-South, a leader in quantum optimization solutions for the air cargo industry, is pleased to announce that its innovative product, Automatic Package Selection and Ordering (APSO), is now available on the International Air Transportation Association's (IATA) Open API Hub. APSO is a cutting-edge Software as a Service (SaaS) designed to assist airlines, cargo handlers, and warehouse operators in optimizing package selections during loading scenarios. It addresses critical
Quantum-South unveils enhanced air cargo optimization solutions, harnessing the power of quantum inspired algorithms.
Quantum-South unveils enhanced air cargo optimization solutions, harnessing the …
Montevideo, Uruguay, July 11th, 2023 Quantum-South, a pioneering quantum computing software company, is thrilled to announce the launch of its advanced versions of air cargo optimization solutions. Building on the success of their initial release, Quantum-South has developed cutting-edge software that leverages quantum inspired optimization algorithms to revolutionize the air cargo industry. Quantum-South's team of experts has been diligently working on optimizing cargo load factors for air transportation since their notable participation
Quantum-South explores quantum algorithms for air cargo optimization
Quantum-South explores quantum algorithms for air cargo optimization
Quantum-South has found a solution to improve cargo loading plans by using a hybrid approach with quantum annealers to optimize cargo in the bellyhold of passenger aircraft. The business has used hybrid techniques including quantum annealers from D-Wave through Amazon Braket. Madrid, Spain - October 17th, 2022 Quantum-South reports that IAG Cargo, the cargo handling division of International Airlines Group (IAG) has trialed Quantum-South's new service which explores the use of quantum

All 5 Releases


More Releases for Quantum

Quantum-South joins IBM Quantum Network to explore quantum computing application …
Potentially faster and more effective ways of optimizing shipping logistics are being explored in Latin America The Uruguayan start-up has become the first Latin American company to join the IBM Quantum Network. They will focus on exploring quantum computing applications to optimize the air and maritime cargo industry. Quantum-South, the Uruguay-based start-up, has joined the IBM Quantum Network to apply quantum computing to the advancement of the air and maritime cargo industry,
Quantum Brilliance and Quantum-South partner to implement logistics optimization …
Quantum startups from Australia and South America collaborating to demonstrate quantum utility in air and marine cargo logistics. Canberra, Australia and Montevideo, Uruguay, April 19, 2021 -- Quantum Brilliance and Quantum-South today announced a partnership to jointly develop and market of complementary products and technology in shipping logistics optimization. The companies will be performing proof of concept implementations with air and marine cargo companies to demonstrate the potential ofquantum computing for solving
Defining the Future of Quantum Computing Technologies Market with New Trends | A …
The Research Insights has published an advanced data titled as Quantum Computing Technologies market. This report throws light on different attributes. It helps to present the research on global products of different types along with their applications. For technical analysis of Quantum Computing technologies market, the report analyzes the leading suppliers based on the technology platforms. Quantum Computing technologies are an innovative generation of optical and electronic devices that use quantum
Quantum Computing Technologies Market 2019: Top Key Players are Airbus Group, Ca …
Quantum Computing Technologies Market 2019 Report analyses the industry status, size, share, trends, growth opportunity, competition landscape and forecast to 2025. This report also provides data on patterns, improvements, target business sectors, limits and advancements. Furthermore, this research report categorizes the market by companies, region, type and end-use industry. Get Sample Copy of this Report@ - https://www.researchreportsworld.com/enquiry/request-sample/13796983 Global Quantum Computing Technologies market 2019 research provides a basic overview of the industry
Quantum Computing Technologies Market Defining the Future with New Trends: Airbu …
The Research Insights has published an advanced data titled as Quantum Computing Technologies market. Quantum Computing technologies are an innovative generation of optical and electronic devices that use quantum effects to significantly augment the performance over that of existing conventional technologies. There is intensifying indication that many of these quantum technologies are ready to evolution into commercial products. This report uses an exploratory technique, such as primary and secondary research,
Quantum Computing Technologies 2018 Global Market Key Players – Airbus Group, …
WiseGuyRerports.com Presents “Global Quantum Computing Technologies Market Size, Status and Forecast 2018-2025” New Document to its Studies Database In 2017, the global Quantum Computing Technologies market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025. This report focuses on the global Quantum Computing Technologies status, future forecast, growth opportunity, key market and key players. The study objectives are