[Amsterdam, May 24, 2023] Artificial Brain is thrilled to announce its success as one of the winners of the Prototype Track in the Deep Tech Category of the highly regarded myEUspace competition, organized by the European Union Agency for the Space Programme (EUSPA). Artificial Brain’s innovative quantum algorithm, designed to optimize real-time scheduling for multiple Earth Observation Satellites (EOS), clinched the victory, promising to bring groundbreaking solutions in the integration of EU space data with cutting-edge technologies like Artificial Intelligence (AI) and Quantum Computing.
"We are honored to be named one of the winners in the esteemed myEUspace competition," said Jitesh Lalwani, CEO of Artificial Brain. "Our dedicated team has demonstrated unflagging commitment and invested significant effort to develop quantum software that not only harnesses EU Space synergies but also tackles critical societal challenges. This recognition is a testament to our team's passion for innovation and our commitment to making a positive impact on the world."
The #myEUspace competition, with nearly €1 million in prizes and 30 awards, stands as one of the most prestigious platforms seeking innovative #EUSpace-based solutions and applications. Artificial Brain will receive a €30,000 (thirty thousand Euro) prize for their achievement. Most importantly, the company will gain valuable access to the extensive EUSPA network, facilitating future collaborations within the space industry.
Senior Executive and Advisor at Artificial Brain, Dana Linnet, expressed her excitement saying, "It is incredible that Artificial Brain has been recognized for its pioneering work in developing and leveraging quantum computing for the space domain. We firmly believe in quantum and Artificial Brain’s ability to drive significant tech advancements and ROI for the space industry, now and well into the future."
Raphael Roettgen, Founder of E2MC Ventures, a space-focused early-stage venture capital firm, and Advisor to Artificial Brain added, "There are numerous, highly complex challenges in space, such as earth observation and satellite communications, where quantum optimization algorithms can deliver tangible value and make a game-changing impact. We are thrilled to see EUSPA recognize the potential and synergies between the two deep tech fields of space and quantum computing."
Artificial Brain would like to express its heartfelt appreciation to D-Wave for providing access to their 5,000 qubits quantum computer, enabling them to test their quantum algorithm using D-Wave's real-time quantum cloud service. Artificial Brain is also grateful to the #myEUspace competition organizers and stakeholders for acknowledging their work, and they extend their warmest congratulations to their fellow winners. Official announcements and additional information can be found on the #myEUspace competition website at https://www.euspa.europa.eu/myeuspace-competition-winners-2022#prototype
About Artificial Brain:
Artificial Brain is a leading technology company that specializes in the development of quantum computing software with a primary focus on space, energy, and aerospace. The company's mission is to solve the world’s most complex computing challenges to benefit humanity, society, and the planet. For more information, please visit https://www.artificialbrain.us or Contact us at: firstname.lastname@example.org