dougfinke

We had reported last month that Quantinuum had submitted a confidential S-1 filing with the U.S. Securities and Exchange Commission (SEC). But now, Quantinuum has now updated the filing to publicly release most of the material, with the exception of details related to the proposed number and pricing of the shares and ownership percentages. Quantinuum was formed in 2021 through the merger of Honeywell Quantum Solutions and Cambridge Quantum, the company is a vertically integrated, full-stack quantum computing company. Although the final valuation of the company hasn't been determined yet, it is expected be in the many billions of dollars. While [...]

QuEra Computing Inc. has released Part 2 of its report on the results of its 2026 Quantum Readiness Survey. The survey queried 291 respondents across more than 25 countries on questions covering demographics, perceptions, organizational readiness, technology preferences, and market outlook. The results highlight a "show me" phase where technical progress is benchmarked against real-world budget constraints and geopolitical filters. Market Sentiment: The "Reality Check" Rising Standards for Readiness: While confidence remains high, it has moderated significantly since 2025. Organizations describing their country as "very well positioned" dropped from over 45% to 25%, reflecting a more cautious confrontation with implementation realities. [...]

by Dr. George Schwartz Executive Summary One pervading question in quantum computing has been whether commercially useful quantum advantage can be achieved with early, near-term devices — referred to as the kiloquop era by Global Quantum Intelligence (GQI). Historically, the field has struggled to move beyond esoteric benchmarks to find real-world applications that demonstrate the useful quantum advantage defined by program Q4Bio. However, at GQI, we are observing a tangible transition. Recent notable demonstrations—such as Q-CTRL’s highly optimized 1D Fermi-Hubbard simulation, Algorithmiq’s hybrid tensor-network pipeline for chemical simulation, and Pasqal's modeling of non-equilibrium dynamics in frustrated magnets—provide encouraging evidence for those [...]

Israel-based Quantum Machines (QM) has acquired QHarbor, a spin-off from TU Delft in the Netherlands, to bolster its software capabilities and establish a physical presence in the Dutch quantum hub. The terms of this acquisition were not disclosed. QHarbor is a data storage and visualisation software platform designed for physics researchers and data driven scientists. It provides a secure, structured repository for measurement data, ensuring compliance with data management best practices.  The QHarbor team will form the core of a new R&D office in Delft, focusing on software-defined experimentation and data management. This acquisition marks a significant expansion of QM’s European [...]

eleQtron, a developer of trapped-ion quantum computers based in Siegen and Hamburg, has closed a €57 million ($61.5M USD) Series A funding round. The investment is led by Schwarz Digits, the IT division of the Schwarz Group, with significant participation from the European Innovation Council (EIC) Fund, Earlybird, Ankaa Ventures, Precitec, NRW.BANK, and IFB Innovationsstarter. The round, which ranks among the largest Series A raises in the quantum computing sector globally, is intended to scale the company’s production capacity and expand cloud-based access to its hardware. The MAGIC Technology: Scaling via Microwaves At the core of eleQtron’s hardware is its proprietary [...]

QuantWare, the Delft-based developer of superconducting quantum processing units (QPUs), has announced a $178 million (€152 million) Series B funding round. The investment, which represents the largest private round ever raised by a dedicated industrial quantum processor company, is intended to accelerate the production of the company’s "VIO" modular architecture and the construction of "KiloFab," a high-volume production facility. The round saw participation from major strategic and venture players, including Intel Capital, In-Q-Tel (IQT), and ETF Partners, alongside significant follow-on support from existing backers Graduate Ventures, FORWARD.one, Invest-NL Deep Tech Fund, InnovationQuarter Capital, and Ground State Ventures. The centerpiece of the [...]

Yuval Boger interviews Michaela Eichinger, a product solutions physicist at Quantum Machines and the author of a widely read quantum computing newsletter. They discuss her transition from academia to industry, her fascination with systems-level views of the quantum stack, and the role of communication in building the quantum ecosystem. The conversation covers the state of quantum computing in 2026, realistic metrics for progress, superconducting qubits, and why classical processing and HPC integration are becoming central to useful quantum computers. Transcript Yuval: Hello, Michaela, and thank you for joining me today. Michaela: Thank you for having me. Yuval: So who are you and what do [...]

A couple of weeks ago we reported that the U.S. Senate Committee on Commerce, Science, and Transportation had passed S.3597 - National Quantum Initiative Reauthorization Act of 2026 and it will now be up to vote by the full Senate. Similarly, the U.S. House Committee on Science, Space, and Technology has passed a House version of the bill H.R.8462 - National Quantum Initiative Reauthorization Act and it will also now be voted upon by the full House of Representatives. Before the bill becomes law, any differences between the two bills must be ironed out and the final version needs to be approved [...]

Groove Quantum, a spin-out from the Delft University of Technology (TU Delft) has secured €16 million ($18.7M USD) in combined equity and grants to accelerate the development of its germanium-based quantum processors. Alongside the funding, the company unveiled an 18-qubit semiconductor spin-qubit processor, currently the largest of its kind. The funding included a €10 million ($11.7M) seed round co-led by Innovation Industries and 55 North with additional participation from Verve Ventures and the European Innovation Council Fund. In addition, the company received €6 million ($7M) in grants from the EIC Accelerator and JU Chips Act funding programs. The company built an [...]

Yuval Boger interviews Lionel Martellini, finance professor at the EDHEC and founding director of the EDHEC Quantum Institute. Lionel describes his unusual path from finance to astrophysics and why business schools should teach quantum awareness to future leaders. They discuss core quantum concepts, the danger of overhyping “quantum washing,” and the real prospects for quantum applications in finance. The conversation also explores executive education, practical use cases, and how businesses should prepare for quantum technologies. Transcript Yuval Boger: Hello Lionel, and thank you for being here today. Lionel Martellini: Hi, it’s a pleasure. Yuval: So who are you and what do you do? Lionel: Ah, [...]