News

Company, funding, product and policy news from across the quantum industry, as it happens.

  1. Today

    1. Riverlane Demonstrates Data-Driven DEM Augmentation to Reduce Surface-Code Logical Errors

      Riverlane has developed a data-driven method to improve quantum error correction in surface-code architectures. By identifying unmodeled correlated error mechanisms from syndrome measurement data, their technique augments standard Detector Error Models (DEMs). This approach has shown significant reductions in logical error rates, up to 75% in simulations and 14% on physical hardware.

    2. Who’s News: Strategic Appointments at Quantum eMotion, Qtonic Quantum, Chicago Quantum Exchange, and Equal1

      Quantum eMotion, Qtonic Quantum, Chicago Quantum Exchange, and Equal1 have announced strategic appointments to key leadership positions, bringing in experienced professionals to drive their respective technology, operations, and quantum computing initiatives. These appointments aim to strengthen their leadership teams and accelerate advancements in quantum technology and cybersecurity.

    3. CO.LAB Selects Four Startups for Inaugural CO.LAB Q Commercialization Studio in Chattanooga

      CO.LAB has launched its first CO.LAB Q commercialization studio in Chattanooga, featuring four startups: RidgeQuantum, Superquantum, esoteriq, and Kottackal Business Solutions. This 12-month program, starting November 2026, aims to commercialize quantum technologies by connecting these companies with regional quantum testbeds, technical partners, and potential customers. The program leverages Chattanooga's quantum infrastructure, including the EPB Quantum Center, and is supported by various partners like EPB, Quantinuum, and Oak Ridge National Laboratory.

    4. Scottish Widows and Aberdeen Allocate UK Workplace Pension Capital to Oxford Quantum Circuits and Quantum Motion via LTAF

      Scottish Widows and Aberdeen Investments have allocated UK workplace pension capital to Oxford Quantum Circuits and Quantum Motion through the CG Scottish Widows Growth LTAF. This initiative aims to connect defined-contribution retirement assets with venture-stage technology firms, fostering domestic growth in deep tech. The fund will support hardware developers like OQC and Quantum Motion, as well as battery technology developer Nyobolt and genomic medicine firm Genomics Limited.

    5. UK Financial Conduct Authority Launches Quantum Experimentation Group to Evaluate Financial Crime Detection

      The UK's Financial Conduct Authority (FCA) is launching the Quantum Experimentation Group (QEG) in Q1 2027 to assess if quantum machine learning (QML) can improve financial crime detection. This initiative will bring together financial institutions, quantum tech providers, and research labs to benchmark quantum algorithms against classical methods using a synthetic dataset, addressing data governance concerns. The QEG also aims to inform regulatory oversight for quantum technologies.

    6. Adelaide University Engineers Synthetic Area Spread to Unlock High-Sensitivity Absolute Quantum Magnetometers

      Engineers at Adelaide University have developed a new technique called "synthetic area spread" for superconducting quantum magnetometers. This method allows for absolute magnetic field sensing without sacrificing detector sensitivity, by using uniform loop geometries in two-dimensional Superconducting Quantum Interference Filter (SQIF) arrays to create a zero-field voltage anti-peak. This breakthrough simplifies fabrication and has implications for various quantum technologies, including MEG brain imaging and quantum hardware readout.

    7. South Korea Launches 614 PFLOPS Hangang Supercomputer Ahead of May 2027 IonQ Quantum Link

      South Korea has launched its sixth national supercomputer, Hangang, with a peak performance of 614 petaflops. It is designed to be the high-performance computing backbone for the country's first hybrid quantum-classical computing platform, integrating with IonQ's Tempo quantum processor by May 2027. Hangang will support general research, national strategic R&D, and small to medium enterprises, playing a key role in South Korea's K-Moonshot initiative.

    8. HKMA and HKUST Launch PQC Toolkit to Accelerate Banking Sector Transition by 2030

      The Hong Kong Monetary Authority (HKMA) and The Hong Kong University of Science and Technology (HKUST) have jointly launched a Post-Quantum Cryptography (PQC) Toolkit. This toolkit provides a framework for Hong Kong's banking sector to transition to quantum-safe infrastructure by 2030, aiming to raise the Quantum Preparedness Index (QPI) score from 2.3 to 10.0. It addresses cryptographic inventory, risk prioritization, supply chain engagement, and governance to mitigate risks from quantum computing.

    9. QNu Labs Introduces Corporate Quantum-Safe Training Supported by National Quantum Mission

      QNu Labs has launched a corporate quantum-safe training program, supported by India's National Quantum Mission, to prepare security professionals for quantum threats. The program covers quantum communication, post-quantum cryptography, and includes case studies from QNu Labs' deployments. This initiative complements their commercial strategy and is offered as intensive workshops and executive briefings.

    10. IBM Deploys Quantum System Two at Hyde Park Labs to Anchor Illinois Quantum Ecosystem

      IBM, the University of Chicago, and the State of Illinois have deployed an on-premises IBM Quantum System Two in Chicago, powered by the 120-qubit Nighthawk processor. This system, initially at Hyde Park Labs, will anchor the National Quantum Algorithm Center (NQAC) and support research in various fields, including drug discovery and power-grid optimization. It will also contribute to workforce development through the FutureNow Chicago center, aiming to create 750 tech jobs.

    11. IonQ Announces Record Q3 2026 Revenues of $173.8M and Raises FY 2026 Guidance to Over $505M as Backlog Reaches $1.2B

      IonQ reported record Q3 2026 revenues of $173.83 million, a 336% increase year-over-year, driven by strong performance in both its IonQ Platform and SkyWater Foundry Services segments. The company achieved GAAP net income of $563.96 million and raised its full-year 2026 revenue guidance to over $505 million, with a backlog reaching $1.2 billion. IonQ also announced significant commercial and defense deployments, including advancements with DARPA and NVIDIA, and expanded its foundry and quantum cybersecurity capabilities with strategic partnerships and acquisitions.

    12. Quantinuum Reports Q3 2026 Results: Revenue Soars 233% to $9.1M, Full-Year Outlook Raised, and Back-to-Back Logical Fidelity Records

      Quantinuum reported strong Q3 2026 results with revenue soaring 233% year-over-year to $9.05 million, driven by cloud contracts and hardware access. The company raised its full-year 2026 revenue guidance to $31M-$34M and achieved a record 99.9995% logical fidelity on its Helios system. Quantinuum also expanded its commercial agreements, advanced its hardware roadmap, and grew its software platform and user community.

    13. Abu Dhabi Maritime Academy, Quincus, and Quantinuum Partner on Quantum Maritime Logistics

      The Abu Dhabi Maritime Academy (ADMA), Quincus, and Quantinuum have partnered in a multi-year research collaboration. They will evaluate hybrid quantum computing, high-performance computing, and AI algorithms using live operational data to address bottlenecks in maritime logistics. The goal is to improve solution quality, asset utilization, and carbon efficiency in areas like berth allocation, vessel stowage, and voyage routing.

    14. UK NQCC Advances Industrial Strategy with SparQ Access Rollout, ProQure Procurement, and 13 PoC Awards

      The UK's National Quantum Computing Centre (NQCC) has shifted its strategy from technology development to active procurement and industrial adoption, as detailed in its 2026 Annual Report. Key initiatives include the SparQ Access Industry Channel, providing commercial quantum processor access to nine organizations, and awarding 13 grants for enterprise-led Proof of Concept projects. The NQCC is also transitioning its Quantum Computing Testbed Initiative (QCTI) into the ProQure framework for government procurement of large-scale quantum machines.

    15. NQCC Releases QCTI Phase 1 Report as Seven Quantum Testbeds Advance to Full-Scale Evaluation

      The UK's National Quantum Computing Centre (NQCC) has released its Quantum Computing Testbed Initiative (QCTI) Phase 1 Report, confirming the deployment of seven commercial quantum computing testbeds at the Harwell Campus. This multi-year program, financed by a £30 million award, establishes the NQCC as an "alpha customer" to evaluate quantum hardware architectures. The program is now transitioning to Phase 2: Testbed Technical Evaluation, which will focus on independent benchmarking and assessing suitability for specific computational tasks.

  2. Yesterday

    1. NQCC Signs Enterprise Agreement with Phasecraft to Provide Quantum Software via SparQ Access

      In November 2026, the NQCC and Phasecraft signed an agreement to provide UK organizations with access to Phasecraft's quantum software via SparQ Access. This partnership aims to lower the technical barrier for evaluating quantum advantage in various fields. An open call for proposals will be issued in late November 2026, with the first user cohort starting in Spring 2027, receiving support to deploy Magritte, Monet, and Mondrian software platforms.

    1. IQM Quantum Computers Reports Q3 2026 Results: Backlog Expands to €102.5M, Q3 Revenue Up 51%, and FY 2026 Guidance Reaffirmed

      IQM Quantum Computers reported strong Q3 2026 results with revenue up 50.7% to €8.86 million, and a record order intake of €42.2 million, expanding their backlog to €102.5 million. They finalized a €33 million contract with LUMI AI Factory, expanded into South America, and reaffirmed their full-year 2026 revenue guidance of €42 million to €47 million. The company also made significant advancements in hardware and error-correction roadmaps, demonstrating high qubit fidelities and real-time quantum error correction.

    2. IQM and Volkswagen Advance Quantum-Classical AFQMC to Simulate Next-Generation Battery Chemistry

      IQM Quantum Computers and Volkswagen Group Innovation have significantly advanced Quantum-Classical Auxiliary-Field Quantum Monte Carlo (QC-AFQMC) for simulating battery chemistry. They achieved up to a 124x reduction in classical execution time for a 50-orbital benchmark, validated on IQM's Emerald superconducting processor. This breakthrough addresses the computational challenges of simulating complex chemical reactions in next-generation batteries like lithium-air, paving the way for more efficient materials discovery.

    3. Quantinuum Unveils Nexus Roadmap to Automate Fault-Tolerant Application Deployment Through 2029

      Quantinuum has unveiled its Nexus roadmap, outlining a platform to automate fault-tolerant quantum application deployment through 2029. This platform will transition developers from physical qubit experimentation to logical, fault-tolerant execution, aligning with Quantinuum's hardware progression. Nexus will progressively automate quantum error correction, runtime telemetry, and hybrid classical-quantum orchestration, with tools organized across Develop, Optimize, and Deploy lifecycle phases.

    4. Horizon Quantum Signs Letter of Intent to Acquire Entropica Labs for $27 Million

      Horizon Quantum Holdings Ltd. intends to acquire Entropica Labs Pte. Ltd. for $27 million in an all-equity deal. This acquisition combines Horizon's quantum program synthesis with Entropica's quantum error correction software. The goal is to automate the translation of high-level code into fault-tolerant circuits, integrating application synthesis and error correction.

    5. IBM, ORNL, and AMD Deploy Co-Located Quantum Error Correction Platform in Poughkeepsie

      IBM, ORNL, and AMD have launched a co-located quantum error correction (QEC) platform in Poughkeepsie, combining IBM's 120-qubit Quantum Nighthawk r2 processor with ORNL's Umbra HPC system (powered by AMD) to eliminate network latency. This setup enables real-time error correction for fault-tolerant quantum computing, focusing on scaling multi-layered error-correcting codes and targeting applications in condensed matter physics and neutron scattering analysis. The initiative supports IBM's roadmap for its future fault-tolerant system, IBM Quantum Starling.

    6. Yonsei University Brings IBM Quantum Nighthawk r2 Online in First International On-Premises Deployment

      Yonsei University in South Korea has become the first international institution to install IBM's Quantum Nighthawk r2 processor, replacing the older IBM Eagle processor. This upgrade significantly enhances the quantum computing capabilities at the university's Quantum Computing Center, offering a substantial increase in circuit execution throughput and improved qubit architecture. The Nighthawk r2 will primarily support the Yonsei Bio-Quantum Initiative, focusing on research into cellular kinetics, neurodegenerative disorders, and materials discovery.

    1. University of Cologne Uncovers Spectroscopic Evidence of Topological Superconductivity in TI Josephson Junctions

      Physicists at the University of Cologne have found direct spectroscopic evidence for topological superconductivity in topological insulator Josephson junctions. This research supports the Fu-Kane theoretical model and offers a way to achieve topological superconductivity and Majorana zero modes without relying on destructive magnetic fields. The study used tunneling spectroscopy to observe phase-controlled energy gap closing and reopening, a key signature of topological superconductivity.

    2. IBM Quantum and QuICS Deploy AI Agents to Discover Over 500 High-Efficiency Magic-State Factories

      IBM Quantum and QuICS researchers have discovered over 500 new "magic-state factories" using AI agents and deterministic solvers. These factories produce non-Clifford states with significantly lower resource requirements, which is crucial for advancing fault-tolerant quantum computing. The findings, including detailed circuit models, are openly accessible for community use.

    3. Qoro Quantum Opens Cloud GPU Simulation Tier to Accelerate Large-Scale Circuit Emulation

      Qoro Quantum has launched a new cloud-based GPU simulation tier for its Divi Python framework, allowing researchers to run tensor-network and noisy quantum circuit simulations without manual cluster administration. This platform provides managed access to NVIDIA A10G and T4 GPU clusters, significantly accelerating complex simulations compared to CPU-based instances, especially for highly entangled circuits. The service aims to overcome classical memory limitations and simplify the use of cluster-based tensor-network methods for quantum algorithm developers.