Creation of the Quantum Strategic Industry Alliance for Revolution (Q-STAR)

TOKYO, Sep 1, 2021 – (JCN Newswire) – The Association of Founders of the Council for the Creation of New Industries through Quantum Technology was formed on May 31, 2021 to advance preparations for the establishment of a council of industry to promote initiatives in quantum technologies. Today, the 24 companies of the association, during their general assembly, officially created the council under a new name, the Quantum Strategic Industry Alliance for Revolution: Q-STAR.

The quantum era is now approaching and expectations are growing around the world for the achievement of safe and secure lifestyles and a better society. Japan aims to position itself as a nation focused on innovation in quantum technology and to create new industries through services that leverage its strengths in materials, devices, measurement technologies, computers and communications. , simulations and other technologies. Q-STAR will contribute to this with global leadership in promoting activities that advance science and technology in this new era, and by promoting Japanese industry and strengthening international competitiveness.

Q-STAR will invite participation from various industries that support its goals and initiatives, and will work with industry, academia and government to promote initiatives that apply new technologies and establish related technology platforms. Q-STAR’s concerns include reassessing basic principles and laws related to quantum technology, conducting surveys and making recommendations on its applicability and on structures, systems, rules, etc. industrial requirements. Q-STAR will also aim to establish a globally recognized platform. which will foster collaboration with other organizations around the world working in quantum technology.
Q-STAR overview:

Name: Quantum Industry Strategic Alliance for Revolution
Date created: September 1, 2021
Type of establishment: Voluntary association

Steering committee members:
– Satoshi Tsunakawa, Executive Representative, President and CEO, Toshiba Corporation (Chairman)
– Takeshi Uchiyamada, Managing Director, Chairman of the Board, Toyota Motor Corporation
– Nobuhiro Endo, Chairman of the Board, NEC Corporation (Vice Chairman)
– Hiromichi Shinohara, Chairman of the Board, Nippon Telegraph and Telephone Corporation (Vice Chairman)
– Toshiaki Higashihara, Director, Executive Representative, Executive Chairman and CEO, Hitachi, Ltd. (vice-president)
– Takahito Tokita, Representative Director, CEO and CDXO, Fujitsu Limited (Vice Chairman)
Masayuki Waga, President and CEO, Mitsubishi Chemical Corporation (Vice President)

Q-STAR members: 24 companies (random order):
– ITOCHU Techno-Solutions Corporation (CTC)
– SBS Holdings, Inc.
– Canon Inc.
– JSR Company
– Sumitomo Corporation
– SOMPO Holdings, Inc.
– Dai-ichi Life Insurance Company, Ltd.
– Dai Nippon Printing Co., Ltd.
– Daiwa Securities Group Inc.
– Chodai Co., Ltd.
– Tokio Marine Holdings, Inc.
– Toshiba Corporation
– Toppan Inc.
– Toyota Motor Corporation
– NEC Corporation
– Nippon Telegraph and Telephone Corporation
– Hitachi, Ltd.
– Fujitsu Limited
– Mizuho Financial Group, Inc.
– Mitsui Sumitomo Insurance Company, Ltd.
– Sumitomo Mitsui Financial Group, Inc.
– Mitsui & Co., Ltd.
– Mitsubishi Chemical Corporation
– Mitsubishi Electric Corporation

Main activities of Q-STAR:
1. Investigate and research trends in quantum technology
Investigate and research general trends in quantum technology and share information with senior industry leadership
2. Study, research and propose industrial applications of quantum technology
Investigate and research applicability in multiple areas
3. Investigate and examine technologies related to quantum
Investigate, examine and share information about materials and devices required for quantum technology
4. Investigate, plan and make proposals for the required human resources.
Investigate, plan, make proposals and exchange opinions on how to develop the human resources necessary to take full advantage of quantum technology
5. Investigate and review systems and rules
Investigate and review the necessary information on intellectual property and standardization, ethics and trust required for the implementation of quantum technology
6. Collaborate with quantum related organizations in Japan and abroad
Cooperate with other organizations, national and foreign, working in quantum related fields, in order to promote the objectives of Q-STAR
7. Others
Raise public awareness, make policy recommendations, etc.

Sub-committee activities:

Q-STAR will identify the fields to be studied in information and communication technologies (quantum computing, quantum cryptography, etc.), basic technologies (materials, devices, etc.), important fields of application ( quantum materials, quantum biology / medicine, quantum biotechnology, quantum sensors, quantum AI, etc.), human resources, systems and rules, etc., and establish other sub-committees as necessary.

– Sub-committee on the applications of quantum wave theory and quantum probabilities
Responsible for exploring the creation of new industries using quantum amplitude estimation and optimization. The aim is to create industries with the potential to become mainstays in various fields while also covering multiple industries, including the financial sector, which has a close affinity with these technologies.

– Sub-committee on quantum superposition applications
Responsible for having an overview of the systems, services and businesses created by the application of quantum superposition, the most important capability of quantum computers. It will also examine changes in existing industries and resulting industrial structures. By collaborating with users and suppliers to draw a new image of the company, the objective is to create new industries which will become the future pillars and pillars of the industry, and which span several industries.

– Sub-committee on optimization and combinatorial problems
Responsible for using quantum-inspired computer technology (Ising Machine) which almost instantly selects the optimal solution from a huge number of combinations to solve various problems facing the industry in areas such as prediction, efficiency and real-time optimization.

– Sub-committee on quantum cryptography and quantum communications
Responsible for examining the commercial use of communication by quantum cryptography, a technology already available, and aims to open a future pioneered by communications that guarantee the theoretical security of information.

About Fujitsu

Fujitsu is the Japanese leader in information and communication technologies (ICT) offering a full range of technology products, solutions and services. Approximately 126,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE: 6702) reported consolidated revenue of 3.6 trillion yen (US $ 34 billion) for the fiscal year ended March 31, 2021. For more information, please see www.fujitsu.com.

For the media
Q-STAR press contact:
Toshiba Company
Corporate Communications Division, Media Relations Office
Phone: + 81-3-3457-2100

Note: Please contact individual member companies directly with any questions relating to their specific business.

Source: Fujitsu Ltd

Copyright 2021 JCN Newswire. All rights reserved.

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