Quantum Computing for Portfolio Optimization: Where Quantum Meets Finance

A new white paper from SC Quantum and qBraid looks at portfolio optimization through a quantum lens

(SC Quantum is an IYQ partner.)

Portfolio optimization is a critical part of finance. It helps investors decide how to allocate capital while managing risk. Pensions, funds, and advisors use it every day to build and rebalance portfolios. For years, classical computing has supported this work, but that approach is starting to hit its limits in more complex environments.

The new white paper from qBraid and SC Quantum explores how quantum computing could support this work moving forward. It focuses on portfolio optimization, where quantum algorithms are already being tested in both research and industry settings.

How Quantum Could Help

Quantum algorithms are being designed to take on problems that are hard for classical systems to handle. In finance, that includes portfolio decisions with many assets, constraints, and market variables. Some of the most active research centers on methods like VQE and QAOA. These approaches aim to produce good solutions faster and at larger scales.

The paper walks through how these methods work and where they might be most useful. It also gives a realistic view of the hardware today and the challenges that still need to be addressed.

Industry is Already Moving

Several firms have started testing quantum tools for portfolio work. IBM developed a quantum optimizer using VQE and post-processing to improve output. AWS and Goldman Sachs ran a full analysis of the Quantum Interior Point Method, outlining what would be needed to make it practical. J.P. Morgan worked on a modified version of the HHL algorithm and used it to solve small portfolio problems on a trapped-ion system.

These examples show early signs of progress and give a sense of what future applications could look like.

Why This Matters in South Carolina

South Carolina is home to a range of financial institutions, including the state’s public pension system. The South Carolina Retirement System Investment Commission manages $40 billion across public and private markets. Like other institutional investors, RSIC has to balance long-term growth with short-term risk and liquidity. That work gets harder as markets change and data sets grow.

Banks, credit unions, and advisors across the state face similar challenges. They are already using optimization tools to manage portfolios under capital rules, risk thresholds, and return targets. As new methods become available, South Carolina’s financial ecosystem is well positioned to explore how they could help.

Get the White Paper

This is the second white paper in a series from qBraid and SC Quantum focused on how quantum technologies are being applied in real-world settings. It is written for people working in finance, tech, and anyone curious about how quantum tools might fit into familiar problems.

Introducing HPC-Quantum Firsts at SC25

High performance computing (HPC) and quantum computing are no strangers. Today, HPC is providing infrastructure for quantum computers and the two work together to execute tasks that include the development of artificial intelligence programs and systems. While growing, this increasing integration is in its nascency, but the combination of HPC and quantum computing may just be the future of computing. 

For that reason, SC25, taking place November 16-21, in St. Louis, Mo., will showcase an increasing number of “firsts” to introduce attendees to HPC and quantum and the possibilities they hold as a collective approach to computing. 

Firsts at SC25

For instance, SC25 will hold its 1st Annual Workshop on Large-Scale Quantum-Classical Computing. This workshop will showcase state-of-the-art solutions that are used to integrate quantum processing units (QPUs) into a heterogeneous classical computer infrastructure. Additionally, the workshop will demonstrate how QPUs are integrated without having to reinvent established HPC systems and tools. Ultimately, this workshop will strive to exhibit how these integration efforts pave the way to a quantum advantage becoming a reality in the near future.

In addition, this year’s SC will feature the 1st International Workshop for Software Frameworks and Workload Management on Quantum-HPC Ecosystems. During this workshop, experts from academia, industry, and national labs will discuss the challenges of integrating quantum processors with HPC systems, and demonstrate some of the cutting-edge research on middleware, algorithms, decomposition strategies, and more. The goal is to provide attendees with valuable insights into best practices, emerging technologies, and the future direction of quantum and HPC integrations.

First Look at Quantum Innovations

And while not a first for SC, Quantum Junction, a dedicated forum for startups and global tech companies focused on quantum technologies, will provide attendees with a look into some first-of-its-kind innovations driving and shaping the future of quantum and HPC. For instance, companies like Alpine Quantum Technologies (AQT), a global leader in ion-trap quantum computing, will showcase MARMOT, the first commercial 19-inch rack-mounted quantum computer. And D-Wave Quantum Inc., a leader in quantum computing systems, software, and services, and the world’s first commercial supplier of quantum computers, will present its annealing quantum computers, which have earned recognition as a unique demonstration of quantum computational supremacy on a useful problem. A number of other significant innovations will be demonstrated in the quantum space.

“The integration of quantum processes with high-performance computing has the potential to be exponentially transformational for computing as we know it today,” said Hironori Washizaki, 2025 IEEE Computer Society President. “Its ability to tackle the complex, large-scale problems that classic supercomputers are not capable of, makes this pairing so significant to the future of not only quantum and HPC, but to our world. So given its ‘infancy,’ it’s no wonder we are experiencing a number of firsts at SC25 around this integration, and we feel privileged to be able to introduce these at this event to further the discussions and advance the development of what could be one of the most revolutionary innovations of our time.”

SC25 will provide an unmatched learning experience when it comes to HPC and quantum. With its understanding of the significance of HPQ and quantum, and its initiative to tackle the complex topic through a number of “firsts,” the event serves as the leading and preeminent forum to engage around a topic that is driving forward the future of computing. 

“HPC and quantum computing are the future of computing,” said Washizaki. “And if you want to know and understand real-life applications of HPC and quantum today, and what the future holds for it, you need to be at SC25.”

For more information on SC25, which is sponsored by the IEEE Computer Society, or to register, visit https://sc25.supercomputing.org/.

Text and Images: IEEE

Advanced Solar Panels: Toward a New Era of Clean Energy

Quantum Mechanics and the Birth of a Revolution

Quantum mechanics represents one of the most significant revolutions in the history of modern physics, ushering in a new understanding of nature at the microscopic level. Its development began in the early 20th century, in response to classical physics’ inability to explain certain experimentally observed phenomena.

Quantum mechanics has since transformed our conception of physical reality, introducing a theoretical framework that goes beyond the limitations of classical mechanics. It has laid the foundation for numerous technological and scientific advancements, from quantum chemistry to particle physics and semiconductor technology.

Solar Energy in the 21st Century

The growing demand for sustainable energy has made solar power one of the most promising renewable sources of the 21st century. In the face of climate change, rising global energy needs, and the depletion of fossil resources, we must rethink our models of energy production and consumption.

Silicon-based photovoltaic technology is the most common and widely used method for generating electricity from solar energy. It relies on silicon, a semiconductor material abundant in nature and second only to oxygen in the Earth’s crust. Thanks to its properties, silicon can convert sunlight into electricity. Traditional silicon-based solar panels have already enabled millions of households and businesses to generate renewable energy and reduce CO₂ emissions. However, research has led to the development of more efficient, lighter, and versatile technologies.

In this context, advanced solar panels are playing a central role in the transition toward a cleaner and more efficient future. To meet the energy needs of a growing population, science has turned to innovative solutions. Here, quantum mechanics—a cornerstone of modern physics that studies the behavior of particles at atomic and subatomic levels—is offering revolutionary possibilities.

From Quantum Principles to Photovoltaic Innovation

The integration of quantum principles into photovoltaic technologies has led to the development of so-called advanced solar panels that exploit quantum materials and phenomena to increase energy conversion efficiency and reduce production costs. A photovoltaic cell, or solar cell, is made of a semiconductor material, such as silicon, which releases electrons when struck by photons, generating an electrical current. Quantum mechanics is essential to understanding this process, as it describes the quantized nature of photon energy and the behavior of electrons within the semiconductor. These principles allow the design and optimization of solar cells to maximize efficiency.

Solar energy is now an undisputed protagonist in the ecological transition. Over the past few decades, photovoltaic panels have spread across rooftops, fields, and even vehicles, transforming sunlight into clean, renewable electricity. But today we stand at a new turning point: photovoltaic technology is undergoing a surprising evolution with the advent of advanced solar panels.

Limitations of Traditional Solar Panels

While photovoltaic technology is effective, it has limitations:

  • High production costs
  • Average efficiency (around 20%)
  • Difficulties with end-of-life recycling

Advanced panels aim to overcome these limitations through innovative materials, greater efficiency, and new methods of integration into urban environments.

Emerging Technologies

Here are some of the main emerging technologies:

  • Perovskite panels
  • Tandem (multi-junction) cells
  • Transparent panels
  • Organic photovoltaics (OPV)
  • Flexible and ultra-lightweight panels

Perovskites

Perovskites are crystalline materials poised to revolutionize photovoltaics. Unlike silicon, they can be produced at low temperatures using simpler and cheaper processes. Their real advantage lies in efficiency: in laboratory conditions, some perovskite cells have surpassed 30%, approaching the theoretical limits of silicon.

They are also semi-transparent, making them suitable for smart windows or solar facades. However, challenges remain, such as long-term stability and sensitivity to moisture. Many laboratories and startups are working to make these cells more durable and resilient.

Tandem Cells

Another approach to increasing efficiency is tandem cells, which stack multiple photovoltaic layers, each capable of absorbing a different portion of the solar spectrum. A classic example is the silicon + perovskite combination, which makes better use of sunlight and can achieve efficiencies above 33%.

This technology is particularly promising for large-scale plants or space applications, where every percentage point in efficiency matters.

Transparent Photovoltaic Panels

One of the most fascinating innovations is transparent photovoltaic panels. Imagine a window that lets in light while simultaneously generating electricity. This is no longer science fiction: functioning prototypes already exist, and some companies are beginning to install them in commercial buildings.

The principle relies on materials that absorb only ultraviolet and infrared radiation, allowing visible light to pass through. While efficiency is still limited, the potential is huge—especially for architectural integration in urban environments.

Organic Photovoltaics (OPV)

Organic photovoltaic cells are made from carbon-based materials. They offer great flexibility, lightness, and can be printed on various substrates.

Even though their efficiency is lower (between 10% and 15%), their low environmental impact and affordable cost make them ideal for mobile or wearable applications.

Flexible Panels

Flexible panels are suitable for curved surfaces, tents, drones, and vehicles, making solar energy increasingly accessible everywhere.

Integration Into Daily Life

One of the main trends in advanced panels is integration. We’re no longer just talking about rooftop systems—panels are becoming part of the urban and everyday fabric.

From solar facades to photovoltaic road surfaces and even smart textiles, solar energy is becoming an invisible but essential component of our lives.

Moreover, with the support of storage systems (batteries) and artificial intelligence for energy management, we are moving closer to a decentralized and self-sufficient energy model, where every building can become a micro power plant.

Challenges Ahead

The potential of advanced solar panels is enormous, but there are still hurdles to overcome, including:

  • Durability and recyclability of new materials
  • Initial production costs and scalability
  • Regulations and certifications
  • Public acceptance and design integration

Nonetheless, rapid scientific progress and the growing demand for sustainable energy are pushing innovations from the lab to the market.

A Paradigm Shift

Advanced solar panels represent more than just a technological evolution—they symbolize a paradigm shift. From external, visible objects, they will become an integral part of the environments we live in: invisible, but vital.

In a world racing toward decarbonization, solar energy—ever more efficient, affordable, and adaptable—is poised to illuminate our future.

References

  • Aeberhard, U. (2017). Quantum kinetic perspective on photovoltaic device operation in nanostructure-based solar cells. arXiv preprint.
  • Guo, Y., Zhao, Z.C., Zheng, J., Ho Baillie, A.W.Y., & McKenzie, D.R. (2024). Quantum Interference at the Recombination Junction of Perovskite Si Tandem Solar Cells Improves Efficiency. Physical Review Letters, 133, 076201.
  • Ingenhoven, P. et al. (2013). Quantum effects in silicon for photovoltaic applications. Physica status solidi (a), 210(6), 1071–1075.
  • Karoui, A. & Kechiantz, A. (2012). Quantum Mechanics Design of Two Photon Processes Based Solar Cells. In Some Applications of Quantum Mechanics.
  • Salama, H. (2022). Quantum Dot Solar Cells. arXiv preprint.

Opportunities and Risks of Quantum Technologies—International Exchange on Consequences and Limitations

About 80 participants gathered at the Physikzentrum in Bad Honnef on October 20 and 21, 2025, to discuss the opportunities and risks of quantum technologies.

(The German Physical Society is an IYQ sponsor.)

As part of the International Year of Quantum Science and Technology, the Working Group on Physics and Disarmament (AGA), the Professional Association for Physics of Socio-economic Systems (SOE), and the Working Group on Industry and Business (AIW) of the DPG invited participants to an interdisciplinary workshop entitled “Opportunities and Risks of Quantum Technologies.”  Sixteen speakers presented the advantages of quantum technologies, as well as the problems they could cause for society or international relations. Presentations covered research at universities and in industry, but also ethical and philosophical perspectives.

One focus was on the threat to asymmetric encryption methods in communications technology when quantum computers are able to break down large numbers into their prime factors. This affects not only privacy but also the protection of information in companies and governments, and is important for cybersecurity and critical infrastructure. Alternative quantum key distribution for symmetric methods and concepts of post-quantum cryptography were also discussed.

Three presentations addressed possible military uses of quantum technologies. Another focused on the specific problem of whether quantum sensors could be used to locate nuclear submarines decisively or whether more accurate conventional guided systems could be used to destroy intercontinental missile silos without using nuclear weapons.

A series of presentations considered ethical issues, including the general handling of security-related research and international principles for the responsible development and use of quantum technologies, e.g., to avoid inequalities in access, as well as the contribution of quantum technologies to the UN Sustainable Development Goals (SDGs).

The audience participated enthusiastically in the discussion with numerous questions.

The workshop program with all speakers and their topics can be found at https://www.dpg-physik.de/veranstaltungen/2025/opportunities-and-risks-of-quantum-technologies.

The workshop was made possible by the generous support of the Wilhelm and Else Heraeus Foundation.

Author: Deutsche Physikalische Gesellschaft e. V. (Götz Neuneck, Jürgen Altmann, Dieter Meschede)

Photo credit: ©️ DPG / Endberg

The 2025 Brilliant Poetry Competition Shortlisted Poems: S.K. Tatiner

Brilliant Poetry is an international competition that invites participants from around the world every year to explore scientific discoveries and curiosity through poetic expression.  

Aligned with the International Year of Quantum Science and Technology (IYQ), marking a century since the formulation of quantum mechanics, Brilliant Poetry aims this year to highlight the power of artistic expression, making the complexities of science accessible, beautiful, and profoundly inspiring.

During the call for participants, poets were encouraged to engage with the principles and paradoxes of quantum science, exploring their intellectual and human significance. 

After closing the submissions on July 30, the jury started the selection process. In September, ten outstanding poems were selected for a shortlist that was announced early this month.  

We are thrilled to publish each of them on the official blog of the International Year of Quantum Science and Technology. Winners of the first, second, and third places will be announced on November 10.

Vomiting Stars Poetica

by S.K. Tatiner

Gravity’s gone, gravel’s up. She vomits
vodka and chips in the parking lot. The Beemer
just misses. The Jag swerves like time. What luck!
Stars blue, stars yellow, stars orange, and red
fill her mouth. She gags on a galaxy. Jagged
pieces of some old self tumble in a sloppy blanket
‘round her knees. Sure, the vault of heaven
must be empty now. Sure, she’s made
the void, the void. But no–arms wide, she cries,
“Stars! Stars! Look at the stars!” Vomit
drips from fingertips. It slips down arms
and settles in pits. It twinkles and ripples and comes
to rest. “You’re warped,” she tells only herself.
“Warped enough to make new stars,” she parries.





S.K. Tatiner is a student, teacher, and lover of poetry. She is an instructor at the Writers Studio in NYC. Her chapbook, Traitor’s Bluff, was published in 2023. Vomiting Stars Poetica will appear in the October edition of the journal Tap into Poetry.

The 2025 Brilliant Poetry Competition Shortlisted Poems: Ian Li

Brilliant Poetry is an international competition that invites participants from around the world every year to explore scientific discoveries and curiosity through poetic expression.  

Aligned with the International Year of Quantum Science and Technology (IYQ), marking a century since the formulation of quantum mechanics, Brilliant Poetry aims this year to highlight the power of artistic expression, making the complexities of science accessible, beautiful, and profoundly inspiring.

During the call for participants, poets were encouraged to engage with the principles and paradoxes of quantum science, exploring their intellectual and human significance. 

After closing the submissions on July 30, the jury started the selection process. In September, ten outstanding poems were selected for a shortlist that was announced early this month.  

We are thrilled to publish each of them on the official blog of the International Year of Quantum Science and Technology. Winners of the first, second, and third places will be announced on November 10.

Uncertainty

by Ian Li

She believes a physicist should always be on time,
but tonight, she’s late—

moonlight pooling on her bathroom’s checkerboard tiles
as her thumb eclipses the tiny indicator window.

For now, an unobserved result is both joy and pain,
her life’s wave function not yet collapsed.

For now, her entanglement with a chronically tardy economist
remains Schrödinger’s love, simultaneously broken and eternal.

But she fears superposition is a small step away from delusion,
so her neurons fire wildly, like electrons

excited to a higher orbit, contemplating a quantum jump
to a state of motherhood.

This is no shift between hyperfine states, it’s a leap
from theoretical to practical. Perhaps she won’t make it,

or perhaps she’ll quantum tunnel right through to the other side.
If only she could peel back the future to see if it all works out.

If only she were as reliable as a Cesium clock, immaculate
and cool and golden inside, despite a turbulent world outside.

She could keep time
with this oscillating heart.





Ian Li (he/him) is a Chinese-Canadian economist, developer, writer, and poet who started writing in late 2023 after a lifetime of believing he could never be creative. He also enjoys spreadsheets, statistical curiosities, and brain teasers. His poetry can be found in Small WondersStrange Horizons, and Year’s Best Canadian Fantasy and Science Fiction, among many other venues.

The 2025 Brilliant Poetry Competition Shortlisted Poems: Gary Hugh Day

Brilliant Poetry is an international competition that invites participants from around the world every year to explore scientific discoveries and curiosity through poetic expression.  

Aligned with the International Year of Quantum Science and Technology (IYQ), marking a century since the formulation of quantum mechanics, Brilliant Poetry aims this year to highlight the power of artistic expression, making the complexities of science accessible, beautiful, and profoundly inspiring.

During the call for participants, poets were encouraged to engage with the principles and paradoxes of quantum science, exploring their intellectual and human significance. 

After closing the submissions on July 30, the jury started the selection process. In September, ten outstanding poems were selected for a shortlist that was announced early this month.  

We are thrilled to publish each of them on the official blog of the International Year of Quantum Science and Technology. Winners of the first, second, and third places will be announced on November 10.

Spooky Action at a Distance

by Gary Hugh Day

They had the same print
In their living rooms, Lowry:
Coming Home from the Mill, 1928.

And whenever they glanced
At this lost world,
They felt the familiarity

Of that other place
Which was also home,
Suffusing them with a sense

Of being in two places at once,
Unsure where each began
And the other ended.

She said they were the couple
On the bottom right, moving away
From the patchy crowd

With its comedy hats and boots,
Solo dances, simple mimes,
And pavement melodramas.

All gone, like the factories
The coloured wagon and
The open doors of terraced houses.

Once more his eye is drawn
To the couple heading out of
The frame; arms linked, in step,

And he wonders if she still
Feels this ghostly closeness,
The nearest they come to touching now.





Gary Day is a retired literature lecturer. He is the author of several books, including ClassLiterary CriticismA New History, and The Story of Drama. He was a reviewer and TV critic for the Times Higher has had poems published in AcumenThe Dawn TreaderThe High Window, and various others. He is still actively involved in amateur dramatics.

The 2025 Brilliant Poetry Competition Shortlisted Poems: Muizzah Fatima Munir

Brilliant Poetry is an international competition that invites participants from around the world every year to explore scientific discoveries and curiosity through poetic expression.  

Aligned with the International Year of Quantum Science and Technology (IYQ), marking a century since the formulation of quantum mechanics, Brilliant Poetry aims this year to highlight the power of artistic expression, making the complexities of science accessible, beautiful, and profoundly inspiring.

During the call for participants, poets were encouraged to engage with the principles and paradoxes of quantum science, exploring their intellectual and human significance. 

After closing the submissions on July 30, the jury started the selection process. In September, ten outstanding poems were selected for a shortlist that was announced early this month.  

We are thrilled to publish each of them on the official blog of the International Year of Quantum Science and Technology. Winners of the first, second, and third places will be announced on November 10.

Schrödinger’s Attic

by Muizzah Fatima Munir

At this gathering, everyone’s smiling,
quietly reminiscing, mentioning you,
believing you still exist
only in their memories.

The album keeps gathering dust,
left unopened in Schrödinger’s attic.
I feel your presence—until I turn the page.
The half-faded photographs
never quite trapped your light.

My aunt sees you in my mother’s eyes,
your warmth felt in her love.
Everyone describes you with longing.
I wish for dreams where your waveform
might overlap mine.

While eating my mother’s dishes,
the ones you once made with love,
it feels as if I’m enveloped by your warmth.
Just when I think I’ve reached you,
you collapse into air,
a probability—erased.
Your smile lives on, when you yourself don’t.





Muizzah Fatima Munir is a computer science student and poet from Pakistan whose work explores emotion, identity, and the quiet intersections between humanity and technology.

The 2025 Brilliant Poetry Competition Shortlisted Poems: Crispo Chang

Brilliant Poetry is an international competition that invites participants from around the world every year to explore scientific discoveries and curiosity through poetic expression.  

Aligned with the International Year of Quantum Science and Technology (IYQ), marking a century since the formulation of quantum mechanics, Brilliant Poetry aims this year to highlight the power of artistic expression, making the complexities of science accessible, beautiful, and profoundly inspiring.

During the call for participants, poets were encouraged to engage with the principles and paradoxes of quantum science, exploring their intellectual and human significance. 

After closing the submissions on July 30, the jury started the selection process. In September, ten outstanding poems were selected for a shortlist that was announced early this month.  

We are thrilled to publish each of them on the official blog of the International Year of Quantum Science and Technology. Winners of the first, second, and third places will be announced on November 10.

Father’s Love

by Crispo Chang

Though I have never seen it, they say it’s there
Around me, in me, everywhere – an axiom.
A pattern of interference, I feel,
But when I try to take a look, it all collapses
Into a quantised packet, invisible to my eyes
As if it has always been like that.
Is it a wave? A particle? Or neither?
A duality, perhaps,
Showing different faces at different times
If needs be: an unsolvable mystery it remains,
But at least a theory that explains.
Then, I remember, we are entangled.
I look into the mirror and determine, this boy
Had grown into a man, one so familiar.
At the very moment, though distances apart,
I finally recognise, here and now,
The properties of my father’s love.






Crispo Chang is an amateur poet and a college student, with a passion for transcribing the small things in everyday life into poetry. 

Quantum Computing for Drug Design: Where Quantum Meets Chemistry

A new white paper from SC Quantum and qBraid explores the path forward for quantum computing in drug design

(SQ Quantum is an IYQ Leading Philanthropic Partner.)

Designing effective drugs is one of the most complex and costly challenges in modern science. It can take more than a decade to move a single treatment from concept to clinic. Today, researchers and pharmaceutical leaders are exploring how quantum computing might offer a better way forward.

In this white paper, developed in collaboration with qBraid, we explore the intersection of quantum computing and drug design. From foundational science to real-world use cases, the paper offers a grounded look at what’s happening, what’s possible, and what still lies ahead.

Beyond the Hype: What Quantum Can and Can’t Do

The promise of quantum computing has been part of the drug discovery conversation for years. Until recently, much of that promise remained theoretical. That’s now changing. New advances in quantum hardware and algorithms are opening doors to better understand complex molecules, simulate protein interactions, and speed up key phases of the drug pipeline.

At the same time, there are real challenges to overcome, such as limited qubit counts, noise, modeling scale, and the fundamental complexity of biological systems. The paper presents these limitations with clarity, helping readers separate marketing from milestones.

A Use Case with Real Impact

To show this work in practice, the white paper highlights a research pipeline from qBraid focused on Alzheimer’s disease. Partnering with institutions like MIT, Argonne National Lab, and North Carolina A&T, qBraid is using quantum techniques to study protein-metal interactions tied to neurodegeneration. Their Quanta-Bind platform is one example of how researchers are applying quantum tools to real-world problems.

South Carolina’s Role in What’s Next

Pharmaceutical companies across South Carolina are well-positioned to explore these technologies, from small-molecule research to clinical applications. The white paper identifies companies already doing groundbreaking work in diagnostics, therapeutics, and delivery systems. With quantum computing now reaching a more practical stage, the timing is right to explore how these tools could support R&D pipelines across the region.

Get the White Paper

This is the first in a series from SC Quantum and qBraid spotlighting how quantum technologies are taking shape in real-world industries. It’s designed for decision-makers, technical leads, and anyone interested in what the future of quantum might actually look like.

📄 Click here to download the white paper.


Dave Alsobrooks is Director of Communications, SC Quantum

Featured image: Dave Alsobrooks.