Targeting commercial adoption through integration with Mitsubishi Electric’s quantum technologies

TOKYO--(BUSINESS WIRE)--

Mitsubishi Electric Corporation ( MIELF ) announced today that its ME Innovation Fund has invested in JIJ Inc., a Japanese startup that uses quantum computers and other technologies to develop middleware for mathematical optimization. The company’s JijZept development platform is highly regarded for helping businesses solve diverse challenges by using mathematical optimization without requiring specialized expertise.

Quantum computing is currently transitioning from the research stage to practical application, including the rapid acceleration of technological development for industrial use. Against this backdrop, Mitsubishi Electric ( MIELF ) has positioned quantum computing as a key priority of its overall R&D strategy by promoting research and development targeting the commercial implementation of quantum technologies.

This investment, the ME Innovation Fund’s fifteenth to date, will enable Mitsubishi Electric ( MIELF ) to integrate JIJ’s middleware-based development environment with its application development and software implementation knowhow, as well as its quantum technologies, including interconnection technology for quantum computers, a key focus at present. Going forward, Mitsubishi Electric ( MIELF ) aims to establish technological superiority in quantum computing and accelerate R&D to achieve early commercial adoption.

Yu Yamashiro, CEO, JIJ Inc., said, “We are honored to have attracted Mitsubishi Electric’s investment through the ME Innovation Fund. At JIJ, we use mathematical optimization and quantum computing technologies to transform complex business challenges into computational forms. By combining our strengths with Mitsubishi Electric’s expertise in quantum-related technologies, we look forward to advancing the application of quantum and optimization technologies in business.”

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Source: Mitsubishi Electric Corporation ( MIELF )