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PsiQuantum, Mitsubishi Partner to Develop Energy-Efficient Materials

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PALO ALTO, Calif., Jan. 26, 2024 — Photonic quantum computing company PsiQuantum, with Mitsubishi UFJ Financial Group and Mitsubishi Chemical, has launched a partnership to design energy-efficient materials on PsiQuantum’s fault-tolerant quantum computer. The joint research project aims to simulate excited states of photochromic molecules — specifically diarylethenes used for energy-efficient photoswitching applications. Photochromic molecules have widespread industrial and residential potential applications, such as the development of smart windows, energy-efficient data storage, solar energy storage, and solar...Read full article

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    Published: January 2024
    Glossary
    photovoltaic
    Photovoltaic (PV) refers to a technology that converts sunlight directly into electricity using semiconductors. The term "photovoltaic" is derived from the words "photo," meaning light, and "voltaic," referring to electricity, named after Alessandro Volta, a pioneer in the field of electricity. Key points about photovoltaic technology: Photovoltaic cells: The basic building block of photovoltaic technology is the photovoltaic cell, also known as a solar cell. These cells are made of...
    BusinesspartnershipresearchProjectjoint projectcollaborationcollaborateMaterialsenergy efficientphotoswitchingsolar cellsphotovoltaicsmart windowsAsia-PacificAmericasJapanPsiQuantumMitsubishiMitsubishi ChemicalMitsubishi UFJ Financial GroupQlimateclimate research

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