Unisys Partners with Chicago Quantum Exchange to Drive Quantum Technology Applications

Rhea-AI Summary

Unisys (NYSE: UIS) has joined the Chicago Quantum Exchange (CQE) to advance quantum technology applications across various industries. The partnership aims to develop quantum solutions in logistics, meteorology, financial modeling, and cryptography while strengthening the Illinois-Wisconsin-Indiana quantum ecosystem.

The collaboration provides Unisys access to leading quantum researchers and top-tier talent through CQE, recognized as an intellectual hub in quantum research. According to Mike Thomson, Unisys president and COO, the partnership will enable the company to engage with elite talent, participate in quantum innovation through workshops and conferences, and establish strategic alliances for co-developing industry-specific quantum solutions.

Positive

• Strategic partnership with Chicago Quantum Exchange enhances Unisys's quantum technology capabilities
• Access to leading quantum researchers and top-tier talent pool
• Opportunity to develop industry-specific quantum solutions across multiple sectors

Negative

• None.

CHICAGO and BLUE BELL, Pa., Feb. 4, 2025 /PRNewswire/ -- Unisys (NYSE: UIS), a leading global technology solutions provider, has joined the Chicago Quantum Exchange (CQE), launching a partnership aimed at driving industry-specific applications for quantum technology, developing top-tier quantum talent, and strengthening the Illinois-Wisconsin-Indiana quantum ecosystem.

Unisys brings extensive expertise in quantum solutions and services across logistics, meteorology, financial modeling, and cryptography, contributing greatly to the advancement of quantum technology.

"Unisys shares our deep commitment to developing quantum technology solutions and exploring ways to benefit from its many applications through collaboration, workforce development, and strong communication between academic researchers and industry," said David Awschalom, the Liew Family Professor of Molecular Engineering and Physics at the University of Chicago and the director of the Chicago Quantum Exchange. "We are delighted to welcome Unisys and look forward to working together to advance quantum information science and technology."

The Chicago Quantum Exchange (CQE), recognized as an intellectual hub in advancing quantum research and driving the quantum economy, provides Unisys with access to leading quantum researchers and top-tier talent. The collaboration paves the way for mutual exploration and development of innovative quantum technology solutions to help solve complex business challenges.

"This collaboration between Unisys and the CQE demonstrates our commitment to pushing the boundaries of quantum while underscoring the goal of delivering tailored solutions for industry-specific challenges," stated Mike Thomson, president and chief operating officer at Unisys. "The partnership enables Unisys to engage with top-tier talent, stay at the forefront of quantum innovation through workshops and conferences, establish strategic alliances for co-developing industry-specific quantum solutions, and exchange expertise within the CQE network."

About the Chicago Quantum Exchange

The CQE is based at the University of Chicago and anchored by the US Department of Energy's Argonne National Laboratory and Fermi National Accelerator Laboratory, the University of Illinois Urbana-Champaign, the University of Wisconsin–Madison, Northwestern University, and Purdue University. The CQE includes more than 50 corporate, international, nonprofit, and regional partners.

About Unisys 

Unisys is a global technology solutions company that powers breakthroughs for the world's leading organizations. Our solutions – cloud, AI, digital workplace, logistics and enterprise computing – help our clients challenge the status quo and unlock their full potential. To learn how we have been helping clients push what's possible for more than 150 years, visit unisys.com and follow us on LinkedIn.

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SOURCE Unisys Corporation

FAQ

What is the purpose of Unisys (UIS) partnership with Chicago Quantum Exchange?

The partnership aims to drive industry-specific applications for quantum technology, develop quantum talent, and strengthen the Illinois-Wisconsin-Indiana quantum ecosystem while focusing on solutions in logistics, meteorology, financial modeling, and cryptography.

What benefits does Unisys (UIS) gain from joining the Chicago Quantum Exchange?

Unisys gains access to leading quantum researchers, top-tier talent, quantum innovation workshops and conferences, and opportunities to establish strategic alliances for co-developing industry-specific quantum solutions.

Which industries will Unisys (UIS) target with its quantum technology solutions?

Unisys will focus on developing quantum solutions for logistics, meteorology, financial modeling, and cryptography sectors.

How will the Chicago Quantum Exchange partnership impact Unisys's (UIS) technological capabilities?

The partnership will enhance Unisys's ability to develop innovative quantum technology solutions through collaboration with leading researchers and access to the CQE network's expertise.