Making far-fetched into reality
Just as Bell Labs scientists never envisioned the photons from their lasers being used for entertainment, quantum entanglement and similarly far-fetched capabilities will enable applications such as teleportation, which will be a means of travel eventually, Beloussav said. "Indeed, many of those technologies will look like magic, and they will actually make it possible for humans to do things" that are unthinkable now, but "we are going to have to wait a while before it is used for transportation -- let's say 300 years."
He has already founded numerous successful startups, including Parallels (virtualization software), Acronis (security software), Acumatica (enterprise resource management), Rolsen Electronics (the biggest consumer electronics outlet in Russia, with sales of $500 million), and Solomon Software (acquired by Microsoft). With those profits, he has upped the ante by starting three venture capital funds: Runa Capital, Almaz Capital, and QWave Capital. As chairman of the RQC, he is uniquely positioned to create a wave of startups that champion material science breakthroughs for computational, communications, and measuring devices.
"We are working on a variety of projects where science meets technology -- where there is a problem that can be solved [using quantum technologies] that cannot be solved in the conventional way," he said.
QWave Fund recently funded its first three startups:
- Nano-Meta Technologies Inc. is working to develop next-generation data storage, communications, imaging, biomedical, and alternative energy generators that take advantage of different types of quantum phenomena exhibited by meta-materials.
- Clifton AS is producing a new type of gallium arsenide power diode that it says is more reliable by virtue of its proprietary liquid phase epitaxy technique.
- Centice Corp. produces computational spectroscopes that use coded illumination and detection to improve their quantum efficiency, thus reducing the size, cost, and weight of portable spectral imagers.