Alice & Bob Secures ARPA-E Award To Design Rare-Earth-Free Magnets

Alice & Bob and Partners Awarded $3.9M ARPA-E Grant for Quantum Magnet Design

Alice & Bob, in collaboration with Los Alamos National Laboratory and GE Vernova, has been awarded $3.9 million from the U.S. Department of Energy’s ARPA-E Quantum Computing for Computational Chemistry (QC3) program. The three-year project aims to develop fault-tolerant quantum algorithms to identify rare-earth-free permanent magnets, which are essential components for electric motors and turbines. [...] The post Alice & Bob and Partners Awarded…

Alice & Bob Secures ARPA-E Award To Design Rare-Earth-Free Magnets

Alice & Bob received a $3.9 million ARPA-E award to design rare-earth-free magnets using fault-tolerant quantum algorithms, aiming for a 10,000-fold computing speed-up. This project will accelerate material calculations for electric motors and turbines.