Limassol startup seeks to make quantum computing useful for businesses

Superpositions Studio is building a quantum computing software platform from Limassol, aiming to help businesses determine whether the rapidly developing technology can deliver practical value without requiring them to employ specialist quantum scientists. The company spoke exclusively to the Cyprus Mail about its origins in Cyprus, its work across finance and energy, and its ambition to develop Limassol into a centre for quantum software research. Superpositions Studio was created to address what it described as a fundamental problem in the quantum computing industry, namely that companies are increasingly interested in the technology but often struggle to determine whether it can solve a particular business problem. “Exactly that ‘do not yet know’ is the problem,” the company said. More than $40 billion has been invested in quantum computers worldwide and more than €11 billion in Europe, according to the company, while the machines themselves are already operating. Yet businesses considering quantum computing have traditionally faced a choice between hiring specialist staff, who are scarce and can cost more than $150,000 a year, or commissioning consultancy work costing around $50,000…