Quemix, a TerraSky (TYO:3915) subsidiary specializing in quantum computing, has formed a capital and business alliance with SCSK Corp. (TYO:9719) to expand its materials computation business and accelerate quantum computing research, according to a Tuesday filing on the Tokyo Stock Exchange.
SCSK's investment will support Quemix's proprietary software, including its patented PITE algorithm, to advance quantum chemistry applications by 2028, the filing said.
The partnership also seeks to integrate quantum solutions into SCSK's materials development platform, addressing growing demand in high-tech sectors like semiconductors and EVs, according to the filing.
Price (JPY): $1943.00, Change: $+62, Percent Change: +3.30%