(AGENPARL) - Roma, 15 Luglio 2024 - (AGENPARL) – lun 15 luglio 2024 ENI LAUNCHES ENIQUANTIC, A NEW VENTURE FOR THE
TECHNOLOGICAL DEVELOPMENT OF QUANTUM COMPUTING
The initiative reflects Eni’s continuous commitment to innovation and digitalisation,
leveraging the supercomputing power of the Green Data Center, to support the energy
transition process.
Rome, 15 July 2024 – Eni and ITQuanta have agreed to form a joint venture, Eniquantic1,
with the aim of developing an integrated hardware and software quantum machine2 capable
of solving complex problems (mathematical optimisation, modelling and simulation, artificial
intelligence) and initiating specific and significant quantum computing applications to
support the energy transition.
In developing its technological roadmap, Eniquantic will benefit from the computational
power of Eni’s HPC (High Performance Computing) supercomputers both to explore
possible integrations between quantum and classical architectures and to test the
effectiveness of algorithms that simulate the principles of quantum computing on energyrelated use cases directly relevant to Eni, such as:
energy generation and storage, for improving the production efficiency of energy
resources, in particular for renewable energy;
simulation and modelling of the behaviour of matter using molecular dynamics and
quantum mechanics techniques for the discovery of new high-performance materials
to be applied to the development of new energy sources, such as magnetic
confinement fusion;
carrying out and processing advanced analyses of complex systems to improve and
optimize operational activities across the entire value chain, such as the trading of
energy and other commodities.
The new venture Eniquantic will leverage Eni’s operational and industrial excellence and the
know-how of the start-up ITQuanta, which includes among its founders internationally
recognised experts in atomic physics, information and quantum computation.
With this project, Eni strengthens its leadership in high-performance computing for industrial
use and asserts itself as a highly innovative company.
The establishment of Eniquantic, the second venture launched as part of Eniverse’s (Eni’s
corporate venture builder) initiatives, fits into the company’s strategy aimed at enhancing inhouse skills and technological solutions, whether proprietary or third-party, to create new
high-potential entrepreneurial initiatives.
TECHNICAL NOTE FOR EDITORS:
Eniquantic shares will initially be held 94% by Eni and 6% by ITQuanta. Prof. Massimo Inguscio (ITQuanta) has been
appointed Chairman, and Mr. Dario Pagani (Eni) has been appointed CEO.
Full-stack quantum computing integrates all hardware, software, firmware, and cloud portal components, which were
developed by applying quantum physics principles. The fundamental information units are quantum bits (or qubits) and,
unlike classical bits, they can hold multiple values between 0 and 1. The quantum computer uses the microscopic properties
of matter to perform complex operations, exponentially increasing the computing power achievable by traditional computers
today. The quantum computer’s architecture will be based on a memory register of single ultracold ytterbium atoms trapped
with laser light. Ytterbium (Yb) is a chemical element of the rare earth group. It is often associated with yttrium and other
lanthanides, in monazite, euxenite, and xenotime minerals.
Eni Company Contacts:
Web site: www.eni.com