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XPRIZE Quantum Applications

$5M XPRIZE competition (launched March 2024, backed by Google Quantum AI and GESDA) challenging teams to develop practical, near-term quantum computing applications with real-world impact; Phasecraft is a named finalist.

A three-year, $5M competition (2024-2027) challenging teams to develop novel quantum algorithms and applications targeting real-world impact in health, climate, fusion/energy, and materials science, judged on projected impact, quantum-resource feasibility, evidentiary strength, and novelty. From 133 initial submissions across 31 countries, 7 Phase I finalist teams (including Phasecraft) were named in December 2025; a subsequent Wildcard round drew 62 more submissions, adding 5 wildcard finalists in May 2026 to join the finalist cohort. A $3M grand prize winner is due to be announced in early 2027.

Program detail

Agency
XPRIZE Foundation (backed by Google Quantum AI and GESDA)
Acronym
XPRIZE Quantum Apps
Budget
Phase
Finalist validation round (Phase I + wildcard finalists, pre-winner)
Domain
Quantum algorithm applications competition

Participants1

Contracts0

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Frequently asked

What is XPRIZE Quantum Applications?
A three-year, $5M competition (2024-2027) challenging teams to develop novel quantum algorithms and applications targeting real-world impact in health, climate, fusion/energy, and materials science, judged on projected impact, quantum-resource feasibility, evidentiary strength, and novelty. From 133 initial submissions across 31 countries, 7 Phase I finalist teams (including Phasecraft) were named in December 2025; a subsequent Wildcard round drew 62 more submissions, adding 5 wildcard finalists in May 2026 to join the finalist cohort. A $3M grand prize winner is due to be announced in early 2027.
Which agency runs XPRIZE Quantum Applications?
XPRIZE Quantum Applications is run by XPRIZE Foundation (backed by Google Quantum AI and GESDA) and is also known as XPRIZE Quantum Apps.

Tags

Sources & citations2

Each claim links to its underlying source. Confidence reflects how directly the source supports the claim.

  1. 1

    Phasecraft advances as a finalist in the $5M XPRIZE Quantum Applications competition

    Quantum Zeitgeist: Phasecraft Advances in Quantum Computing XPRIZE Competition
    Verified2026-08-02
  2. 2

    A $5M, three-year (2024-2027) competition backed by Google Quantum AI, Google.org, and GESDA challenging teams to build practical near-term quantum computing applications, judged on real-world impact, feasibility, evidence, and novelty.

    XPRIZE Foundation: XPRIZE Quantum Applications
    Verified2026-08-08