Canada-based OLED material developer OTI Lumionics announced a strategic partnership with Nord Quantique, a quantum computing company. The two companies will work on electronic structure calculations, vibronic spectra and ab initio molecular dynamics (AIMD) using quantum simulations. The objective of this testing is to identify improved efficiencies for the development of advanced materials.
OTI and Nord Quantique will look at several applications - including semiconductors, pharmaceuticals and specialty chemicals - and also displays. Specially for the OLED industry, the methods developed during the project will be used to simulate optical and some thermal thin film properties, with an initial focus on emitters and OLED stack materials.
Nord Quantique’s distinctive architecture and approach to quantum error correction offers the possibility of achieving fault-tolerant quantum systems sooner, using far fewer qubits than competing designs. This approach also offers fast computational speeds and low energy consumption.
This project was awarded $2 million CAD (about $1.5 million USD) from NGen, an innovation cluster whose Advanced Manufacturing Quantum Program supports the commercialization of quantum technologies.
In 2022, OTI Lumionics raised $55 million from several strategic and financical backers - including LG Technology Ventures, Samsung Ventures, UDC Ventures, Anzu Partners and more. Towards the end of 2022 OTI started shipping its 2nd-gen ConducTorr Cathode Patterning Materials (CPM) to customers, used to create highly-transparent OLED displays, mostly for the use of under-the-display camera and face unlock technologies.
