Caltech and Broadcom Announce Quantum Research and Development Partnership
Investment will create an innovation, collaboration hub to support world-leading scientists and engineers in quantum science, computing, and related fields.
PASADENA, Calif., Dec. 11, 2023 /PRNewswire/ -- Caltech and Broadcom today announced a multi-year partnership to advance quantum science research and discoveries with the potential to seed new innovative technologies and applications.
The partnership, supported with a significant investment from Broadcom, will establish the Broadcom Quantum Laboratory at Caltech, a physical collaboration space that will bring together experts in the fields of quantum computing, quantum sensing, quantum measurement, and quantum engineering. Broadcom's investment will support joint programming and research to accelerate discovery.
Additionally, over the next five years, Broadcom and Caltech have agreed to host an annual symposium where scientists and engineers from both organizations will explore areas of mutual interest and future development opportunities in relevant fields.
"Developing deep connections to technology leaders like Broadcom amplifies the power of the science and engineering that Caltech can accomplish," says Caltech President Thomas F. Rosenbaum, the Sonja and William Davidow Presidential Chair and professor of physics. "We share a belief in the transformative potential of quantum discoveries across the disciplines and welcome this new partnership."
"Broadcom is thrilled to partner with Caltech to launch this critical R&D initiative on quantum computing. As a world-class leader in science and engineering research, Caltech has a long and rich history of technology innovation," says Hock Tan, President and CEO of Broadcom. "This multi-year investment and engineering collaboration reinforces our continued commitment to supporting advanced R&D and represents our relentless pursuit of innovation to connect our customers, employees and communities worldwide."
Caltech is one of the world's preeminent institutions for quantum science research, with faculty positioned across the Institute working on theoretical and experimental advances that have the potential to impact everything from energy storage to drug design, to information processing and security. The Institute's faculty have been at the forefront of the field since the 1980s when the late Richard Feynman, a Caltech theoretical physicist who pioneered quantum computing and introduced the concept of nanotechnology, first posited that quantum computers would be necessary for future advanced computing systems and problems.
About Caltech
Caltech is a world-renowned science and engineering institute that marshals some of the world's brightest minds and most innovative tools to address fundamental scientific questions and pressing societal challenges. Caltech manages the Jet Propulsion Laboratory (JPL) for NASA and owns and operates large-scale research facilities and a global network of astronomical observatories. The Institute has one of the nation's lowest student-to-faculty ratios, with 300 professorial faculty members offering a rigorous curriculum and access to hands-on research to approximately 1,000 undergraduates and 1,400 graduate students. Caltech is an independent, privately supported institution with a 124-acre campus located in Pasadena, California.
About Broadcom
Broadcom Inc. (NASDAQ: AVGO) is a global technology leader that designs, develops, and supplies a broad range of semiconductor, enterprise software and security solutions. Broadcom's category-leading product portfolio serves critical markets including cloud, data center, networking, broadband, wireless, storage, industrial, and enterprise software. Our solutions include service provider and enterprise networking and storage, mobile device and broadband connectivity, mainframe, cybersecurity, and private and hybrid cloud infrastructure. Broadcom is a Delaware corporation headquartered in Palo Alto, CA. For more information, go to www.broadcom.com.
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SOURCE Caltech