Optimized steering: Quantum state engineering and exceptional points

The state of a quantum system may be steered towards a predesignated target state, employing a sequence of weak blind measurements (where the detector's readouts are traced out). Here we analyze the steering of a two-level system using the interplay of a system Hamiltonian and weak measurements and show that any pure or mixed state can be targeted. We show that the optimization of such a steering protocol is underlain by the presence of Liouvillian exceptional points. More specifically, for high-purity target states, optimal steering implies purely relaxational dynamics marked by a second-order exceptional point, whereas for low-purity target states, it implies an oscillatory approach to the target state. The dynamical phase transition between these two regimes is characterized by a third-order exceptional point.