US quantum algorithms company Phasecraft has been granted an award of about USD 4.5 million (EUR 3.88m) to develop quantum algorithms to help discover new catalysts for industrial electrolysis.

Phasecraft received a $4.5 million ARPA-E award to develop quantum algorithms for catalyst discovery and energy-related chemistry research.

Quantum software company Phasecraft Inc. has secured a $4,519,658 contract from the U.S. Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E). Awarded under…