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Matt Cimaglia is betting big on quantum to transform South Florida’s tech scene

Matt Cimaglia is betting big on quantum to transform South Florida’s tech scene

When Palm Beach-based entrepreneur Matt Cimaglia looks at South Florida, he doesn’t just see palm trees and beaches – he sees freezing cold quantum computers. 

Quantum computing represents an entirely new way of processing information. Instead of relying on bits (those binary 0s and 1s) quantum computers use qubits, which can be both 0 and 1 simultaneously. This ability to work in multiple states at once allows quantum computers to tackle problems that would take classical computers thousands of years to solve. The applications are almost limitless. Drug discovery, cybersecurity, climate modeling –quantum has the potential to disrupt industries across the board.

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Matt Cimaglia is betting big on quantum to transform South Florida’s tech scene | Quantum Coast Capital