SC Ventures and Fujitsu have announced the launch of Qubitra Technologies, a joint venture designed to accelerate quantum computing capabilities and applications. The initiative, previously known as Project Quanta, will focus on integrating quantum resources and talent on a unified digital platform, with its first implementations expected in early 2026.
Qubitra is set to develop quantum-enabled solutions in areas such as fraud detection and financial markets trading. The company is also creating a marketplace platform to connect hardware and software providers with end-users, facilitating experimentation and deployment across the quantum stack. This platform is scheduled to pilot in 2026.
The leadership team, led by CEO Vishal Shete, brings extensive expertise in quantitative finance and frontier technologies. Shete, formerly of Terra Quantum, will guide the development of quantum use cases and intellectual property. “Our mission at Qubitra is to turn quantum innovation into business impact by combining high-performance applications with a collaborative ecosystem that advances the industry,” Shete stated.
Qubitra’s strategy is built on two pillars: high-performance quantum applications and a global quantum ecosystem marketplace. The company is already collaborating with financial institutions, including Standard Chartered Bank, to deploy advanced solutions. Vivek Mahajan of Fujitsu highlighted the potential for these applications to deliver significant improvements over current methods, paving the way for broader adoption of quantum technologies.
As Qubitra expands its partnerships and ecosystem, it aims to drive innovation at the intersection of quantum computing, AI, and financial services, setting the stage for transformative changes in the industry.
