Press Releases

Quantum Software Leader Classiq Expands to Boston, Relocates Key Executive to Build Out North American Presence

6
September
,
2023

Tel Aviv, Israel and Boston, MA - September 6, 2023 - Classiq Technologies, a leading quantum computing software company, today announced its expansion into the Boston area and the relocation of Shai Lev, vice president of strategic partnerships, to lead the company's
growth in North America.

Headquartered in Tel Aviv, Classiq has seen rapid growth over the past year as demand increases for its quantum computing software. The company's expansion into Boston enables it to tap into the region's bustling quantum ecosystem, renowned academic institutions and key
industries pursuing quantum applications.

"As we continue our impressive momentum helping organizations develop real-world quantum applications, Boston is a clear choice for further expansion," said Nir Minerbi, CEO and co-founder of Classiq. "The Boston area is a hub for quantum research and education with an incredible pool of quantum talent. Industries aggressively exploring quantum's potential, such as financial services, pharmaceuticals and healthcare, are very strong there."

Lev has been instrumental in forging partnerships with leading quantum hardware and software companies. To lead Classiq’s North America expansion, he relocated and will open the company's Boston-area office.

"Boston has one of the highest concentrations of quantum activity today – from research at MIT, Harvard and other universities, to government-funded programs and private-sector efforts," said
Lev. "It’s exciting to represent Classiq in the Boston ecosystem and throughout North America as we introduce more organizations to our technologies and products to accelerate their journey to quantum advantage."

About Classiq

Classiq Technologies, the leading quantum software company, provides an all-encompassing software platform with a single point of entry into quantum computing, from algorithm design to execution. Tailored to all levels of developer proficiency, Classiq aims to democratize access to
quantum computing with software that equips customers to take full advantage of the quantum computing revolution. A low-code development environment ensures that a broader range of talents, including those with backgrounds in AI, ML and linear algebra, can harness quantum
computing without requiring deep, specialized knowledge of how to program quantum computer hardware. Backed by powerful investors such as HPE, HSBC, Samsung, Intesa Sanpaolo and NTT, Classiq’s world-class team of scientists and engineers has distilled decades of quantum expertise into its groundbreaking software development platform. Follow Classiq on LinkedIn, X (formerly Twitter), or YouTube, or visit www.classiq.io to learn more.


# # #
Media Contacts:
Michelle Allard McMahon/Jenna Beaucage
Rainier Communications
classiqPR@rainierco.com


Tel Aviv, Israel and Boston, MA - September 6, 2023 - Classiq Technologies, a leading quantum computing software company, today announced its expansion into the Boston area and the relocation of Shai Lev, vice president of strategic partnerships, to lead the company's
growth in North America.

Headquartered in Tel Aviv, Classiq has seen rapid growth over the past year as demand increases for its quantum computing software. The company's expansion into Boston enables it to tap into the region's bustling quantum ecosystem, renowned academic institutions and key
industries pursuing quantum applications.

"As we continue our impressive momentum helping organizations develop real-world quantum applications, Boston is a clear choice for further expansion," said Nir Minerbi, CEO and co-founder of Classiq. "The Boston area is a hub for quantum research and education with an incredible pool of quantum talent. Industries aggressively exploring quantum's potential, such as financial services, pharmaceuticals and healthcare, are very strong there."

Lev has been instrumental in forging partnerships with leading quantum hardware and software companies. To lead Classiq’s North America expansion, he relocated and will open the company's Boston-area office.

"Boston has one of the highest concentrations of quantum activity today – from research at MIT, Harvard and other universities, to government-funded programs and private-sector efforts," said
Lev. "It’s exciting to represent Classiq in the Boston ecosystem and throughout North America as we introduce more organizations to our technologies and products to accelerate their journey to quantum advantage."

About Classiq

Classiq Technologies, the leading quantum software company, provides an all-encompassing software platform with a single point of entry into quantum computing, from algorithm design to execution. Tailored to all levels of developer proficiency, Classiq aims to democratize access to
quantum computing with software that equips customers to take full advantage of the quantum computing revolution. A low-code development environment ensures that a broader range of talents, including those with backgrounds in AI, ML and linear algebra, can harness quantum
computing without requiring deep, specialized knowledge of how to program quantum computer hardware. Backed by powerful investors such as HPE, HSBC, Samsung, Intesa Sanpaolo and NTT, Classiq’s world-class team of scientists and engineers has distilled decades of quantum expertise into its groundbreaking software development platform. Follow Classiq on LinkedIn, X (formerly Twitter), or YouTube, or visit www.classiq.io to learn more.


# # #
Media Contacts:
Michelle Allard McMahon/Jenna Beaucage
Rainier Communications
classiqPR@rainierco.com


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