We demonstrate a method that merges the quantum filter diagonalization (QFD) approach for hybrid quantum/classical solution of the time-independent electronic Schrodinger equation with a low-rank double factorization (DF) approach for the representation of the electronic Hamiltonian. In particular, we explore the use of sparse compressed double factorization (C-DF) truncation of the Hamiltonian within the time-propagation elements of QFD, while retaining a similarly compressed but numerically converged double-factorized representation of the Hamiltonian for the operator expectation values needed in the QFD quantum matrix elements. Together with significant circuit reduction optimizations and number-preserving post-selection/echo-sequencing error mitigation strategies, the method is found to provide accurate predictions for low-lying eigenspectra in a number of representative molecular systems, while requiring reasonably short circuit depths and modest measurement costs. The method is demonstrated by experiments on noise-free simulators, decoherence- and shot-noise including simulators, and real quantum hardware.
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