QxBranch, a new company created by Aerospace Concepts as a result of a research collaboration effort between Aerospace Concepts and Lockheed Martin, has been selected to participate in the inaugural FinTech Innovation Lab Asia-Pacific which will run in Hong Kong over September 15 to December 4, 2014.

The FinTech Innovation Lab is a collaboration based in Hong Kong between Accenture and leading financial institutions, supported by Cyberport and Airbnb. The intensive twelve-week program is designed to nurture early-stage companies that are developing new technologies for the financial services sector with a particular focus on the Asia-Pacific region.

Michael Brett, CEO of QxBranch, said:

“QxBranch is incredibly excited to participate in the first FinTech Innovation Lab in Asia. By working closely with the world’s leading financial institutions, this program will accelerate our mission to bring quantum computing to the mainstream. We’re looking forward to making the most of the intense environment for innovation Hong Kong has to offer.”

Participating financial institutions include Bank of America/Merrill Lynch, Bank of China, Barclays, China Construction Bank, DBS, HSBC, J.P. Morgan, Morgan Stanley, Ping An and UBS.

QxBranch, will be focused on developing the software and services to deliver quantum computing into the mainstream by developing game-changing products in the financial, oil and gas, aerospace and biotech sectors.

Related articles include:

FinTech Innovation Lab in Hong Kong Launches With Eight Firms, Forbes, September 2 2014