SHENZHEN, China – MicroCloud Hologram Inc. (NASDAQ:HOLO), a small technology company with a market cap of $49.31 million, announced the development of a new quantum technology protocol that improves the control and fidelity of qubit operation, marking a significant advance in the field of quantum computing. According to InvestingPro analysis, the stock has shown significant volatility, with an impressive 84% return over the past week. The company’s research has led to the creation of a fast adiabatic drive protocol for coherent control of two heavy-hole spin qubits in a double quantum dot system, a method that promises to overcome the limitations of traditional quantum control techniques.
This new protocol, based on the quantum adiabatic theorem, enables high-precision energy control, guiding qubits along predefined paths to achieve state transitions with high fidelity. The technology effectively reduces the risk of distortion of the quantum state that can occur with sudden energy changes or external disturbances. It also suppresses charge noise, a common problem in quantum control that can cause computational errors, and improves the stability of qubit initialization, which is crucial for accurate quantum computations.
With these improvements, HOLO researchers have advanced the field of quantum gate control, achieving quantum state fidelity of up to 99% with both one- and two-qubit gate operations. The company is dedicated to further refining this technology, with the goal of improving the fidelity and stability of qubit control and expanding the capabilities and applications of quantum gates.
MicroCloud Hologram Inc. specializes in holographic technology services, including holographic LiDAR solutions and holographic digital twin technology services. Although the company maintains a strong liquidity position with a current ratio of 13.53 and more cash than debt on its balance sheet, InvestingPro data reveals challenges in profitability, with negative earnings for the last twelve months. The company’s recent discoveries in quantum computing are expected to contribute to the growth of the quantum information processing industry and have a transformative effect on various sectors.
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The above information is based on a press release and reflects the company’s optimism regarding the potential of its new technology. As with all forward-looking statements, these are subject to risks and uncertainties that could affect the company’s actual results.
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