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Pasqal and Eleven Ventures are establishing a joint venture to deploy neutral-atom quantum systems in Saudi Arabia, aiming to build local talent and position the region as a hub for quantum technology. This strategic move aligns with Saudi Vision 2030 goals and strengthens France-Saudi cooperation in advanced computing infrastructure. The initiative focuses on commercializing Pasqal's hardware and developing domestic expertise rather than just research breakthroughs.
Pasqal and Eleven Ventures Form Joint Venture for Quantum Computing in Saudi Arabia
Insider Brief Press release – Pasqal, a global leader in neutral-atom quantum computing, and Eleven Ventures, a Kingdom of Saudi Arabia based investment platform and venture capital firm, today announced an agreement to establish a commercial joint venture to deploy, commercialize and scale Pasqal‘s quantum computing systems across the Kingdom of Saudi Arabia (the “Kingdom”) […]
Pasqal and Eleven Ventures have agreed to establish a commercial joint venture to deploy and commercialize Pasqal’s neutral-atom quantum computing systems in Saudi Arabia and the wider region. The venture plans to deploy multiple quantum systems, develop local quantum talent and provide customers with access to Pasqal’s systems within the…
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