Matt Cimaglia Delivers Keynote at Miami IBM Quantum Fest 2024

This past week, Matt Cimaglia, Founder and Managing Partner of Quantum Coast Capital, participated in a keynote discussion at the Miami IBM Quantum Fest 2024, held at Miami Dade College. The event brought together students, educators, and industry leaders to explore the transformative potential of quantum technology, with a special emphasis on the role of IBM Qiskit in advancing the field.

The discussion, moderated by Teresa “Terry” Grandal Cusse, M.S., and Kevin Robinson, highlighted the importance of fostering innovation in quantum computing and supporting the next generation of talent in this rapidly evolving space. Matt discussed topics with the audience ranging from the practical applications of quantum technology to its broader impact on industries and economies worldwide. Additionally, he underscored the significance of tools like IBM Qiskit in democratizing access to quantum computing and enabling researchers, developers, and students to experiment, innovate, and solve real-world problems.

“The enthusiasm and curiosity I witnessed at Miami IBM Quantum Fest is a powerful reminder of the role education and collaboration play in advancing quantum technology,” Matt shared. “With tools like IBM Qiskit, we’re empowering the next wave of innovators and shaping a future where quantum computing becomes a critical part of our technological landscape.”

As the keynote guest, Matt’s participation underscored Quantum Coast Capital’s mission to drive innovation and build a sustainable venture ecosystem for early-stage quantum companies. His insights and the lively engagement from attendees reflected the shared vision of making quantum computing a cornerstone of future technological advancements.

The Miami IBM Quantum Fest 2024 was a testament to the power of learning, sharing, and exploring quantum concepts. By spotlighting IBM Qiskit’s role and fostering collaboration across disciplines, the discussion inspired a collective effort to turn the promise of quantum technology into a reality.

Matt Cimaglia Highlights the Need for Balanced Investment in Quantum at Quantum World Congress

On Tuesday, September 10, Matt Cimaglia, Founder and Managing Partner of Quantum Coast Capital, took the stage at the Quantum World Congress in Washington, D.C., to discuss the critical role of balancing public and private investment in quantum technologies. Speaking on the Government & Security track alongside industry leaders Eugene Chiu (IQT) and Martin Laforest (Quantacet), the discussion was expertly moderated by George Thomas, President & CEO of Connected DMV. Matt shared insights into how strategic partnerships between public and private sectors can accelerate quantum innovation while ensuring sustainable growth.

During the discussion, Matt emphasized the importance of aligning public funding with private investment to foster a thriving quantum ecosystem. While government programs provide essential support for fundamental research, private investment is crucial for scaling quantum startups and driving commercialization. Matt also highlighted the challenges startups face when navigating between these two spheres, particularly in areas like hardware development, where long timelines and significant capital are required. “To truly unlock the transformative potential of quantum technologies, we need a framework that integrates public and private resources, creating opportunities for collaboration that benefit everyone in the ecosystem,” Matt said.

The panel also explored the role of government in shaping policy and providing funding mechanisms that encourage private sector participation. As global competition in quantum intensifies, discussions underscored the need for a coordinated approach that ensures national security, economic competitiveness, and scientific leadership. By the end of the session, attendees left with actionable insights into how public and private sectors can work together to address critical gaps and accelerate the journey from research to real-world applications. The Quantum World Congress once again proved to be a vital platform for advancing conversations that will define the future of quantum technology.