Artificial Brain Tech

Artificial Brain Tech positions itself as a specialized developer of quantum optimization software, targeting complex operational challenges in the Defense, Aerospace, and Energy sectors. The company was founded in 2022 by Jitesh Lalwani, a software professional with over 15 years of industry experience who identified a market gap in quantum software development while the global focus was primarily on hardware. Lalwani's vision was to harness quantum computing to address significant real-world problems. He assembled a team that includes Chief Technology Officer Craig Connell, Senior Executive Dana Linnet, a former U.S. diplomat and Lockheed Martin executive, and advisor Bill Gonzales.

The firm's core offering is its proprietary quantum optimization algorithms, delivered through a Software as a Service (SaaS) platform named PLANCK. This platform is designed to solve intricate problems that are beyond the capacity of classical computers, such as the real-time scheduling of Earth Observation Satellites (EOS), a capability that can potentially increase revenue for clients by 20-30%. The algorithms have been benchmarked as outperforming existing solutions by 39% in speed and 24% in accuracy. The business model is transitioning to a subscription-based service, allowing clients like defense agencies and energy companies to access these powerful computational tools without needing in-house quantum expertise. The software can also be integrated into existing enterprise solutions via APIs.

Artificial Brain has achieved notable milestones, underscoring its technical progress and market potential. The company won the Prototype Track in the Deep Tech Category of the myEUspace competition for its quantum algorithm for EOS scheduling, securing a €30,000 prize and access to the European Union Agency for the Space Programme (EUSPA) network. Furthermore, it secured first prize and $100,000 in funding at the U.S. Defense Accelerator 'Hustle,' co-sponsored by the Air Force Research Lab (AFRL). The startup is also a member of Cohort 4 at the Duality Quantum Accelerator, a program supported by the University of Chicago and the Chicago Quantum Exchange. With a global presence, including offices in the U.S., Netherlands, and India, the company has secured its first commercial contract and has received letters of intent from several defense agencies.

Keywords: quantum optimization software, quantum algorithm, defense technology, aerospace technology, energy sector solutions, Earth Observation Satellites, satellite scheduling, SaaS, PLANCK platform, Jitesh Lalwani, Duality Quantum Accelerator, myEUspace competition, Hustle accelerator, complex problem solving, computational optimization, quantum software as a service, space debris mitigation, satellite placement, AI, deep tech, quantum computing applications