Quantum computers are devices which allow the solution of problems unsolvable to their classical counterparts. As an error-corrected quantum computer is still a decade away the quantum computing community has dedicated much attention to developing algorithms for currently available Noisy Intermediate-Scale Quantum computers (NISQ). Thus far, within NISQ, optimization problems are one of the most commonly studied and are exclusively tackled with the Quantum Approximate Optimization Algorithm (QAOA). This algorithm predominantly computes graph partitions with a maximal separation of edges (MaxCut), but can also be modified to calculate other properties of graphs. Here, I present a novel quantum optimization algorithm which uses exponentially less qubits as compared to the QAOA while requiring a significantly reduced number of quantum operations to solve the MaxCut problem. Such an improved performance allowed me to partition a graphs 32 nodes on publicly available 5 qubit gate-based solid state quantum devices without any preprocessing such as division of the graph into smaller subgraphs. This results represent a 40% increase in graph size as compared to state-of-art experiments on solid state devices such as Google Sycamore. The obtained lower bound is 54.9% on the solution for actual hardware benchmarks and 77.6% on ideal quantum simulators. Furthermore, large-scale optimization problems represented by graphs of a 128 nodes are tackled with quantum simulators, again without any pre-division into smaller subproblems and a lower solution bound of 67.9% is achieved.