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Quantum Computing Inc. Introduces Its Dirac-3 Entropy Quantum Computer for Optimization Applications

2024-03-01T17:28:43-08:00

Picture of the Direc-3 Entropy Quantum Computer. Credit: QCI Quantum Computing Inc. (QCi) has launched Dirac-3, a quantum optimization platform designed to solve complex problems using nonlinear quantum optics. The system encodes a problem into its photonic architecture and modulates the interaction between variables, ultimately finding an optimal solution. Unique to Dirac is its ability to solve integer problems using up to 964 quantum digits (qudits) with each qudit capable of 200 discrete modes, expanding the use of quantum technology beyond quantum bits (qubits). The system is designed to solve complex problems using nonlinear quantum optics. It encodes a problem into [...]

Quantum Computing Inc. Introduces Its Dirac-3 Entropy Quantum Computer for Optimization Applications2024-03-01T17:28:43-08:00

SBQuantum and Silicon Microgravity Partner to Develop Drone-based Dual Sensor Systems for Mineral Exploration

2024-03-01T16:13:00-08:00

SBQuantum, a company developing diamond quantum magnetometers, and Silicon Microgravity, a company developing innovative inertial and gravity sensors, have partnered to accelerate mining exploration using quantum sensing. Their project, QUAMINEX (Quantum Accelerated Mining Exploration), involves the development of a drone-based system of sensors that combine magnetics and gravimetry. This system will improve the location and analysis of underground mineral deposits, reducing the time and capital required for field operations and improving 3D geological readouts. The dual sensor systems can be deployed via drone to detect underground deposits of strategic minerals such as cobalt, copper, lithium, nickel, platinum, and rare earths. The [...]

SBQuantum and Silicon Microgravity Partner to Develop Drone-based Dual Sensor Systems for Mineral Exploration2024-03-01T16:13:00-08:00

Three Quantum Companies in Denmark Join BioInnovation Institute’s Venture Lab Program

2024-03-01T13:05:45-08:00

The BioInnovation Institute (BII), is an international non-profit foundation in Denmark that incubates and accelerates world-class life science research. They have just announced that twelve companies have been selected to join their 12 month Venture Lab acceleration program which supports startup companies with business acceleration, scientific, and team development. The program also provides each startup with a €500 thousand ($541K USD) convertible loan and access to BII's labs and offices in Copenhagen. Of the twelve companies, three of them work in quantum technology including Alea Quantum Technologies, a company developing quantum random number generators, DiaSense, a company working on diamond-magnetic microscopes for [...]

Three Quantum Companies in Denmark Join BioInnovation Institute’s Venture Lab Program2024-03-01T13:05:45-08:00

IonQ Announces Q4 and Full Year 2023 Financial Results Showing Strong Growth

2024-02-29T11:09:16-08:00

IonQ announced their Q4 and full year 2023 financial results showing strong growth from the previous year. For Q4'2023 they recorded revenue of $6.1 million versus $6.1 million in Q3'2023 and $3.8 million in Q4'2022. For the full year of 2023 they achieved revenue of $22 million almost double the full year 2022 amount of $11.1 million. The 2024 revenues were at the high end of the forecast they made during their Q3 report last November. However, the company's Net Loss also increased from the previous year. The Q4'2023 Net Loss was $41.9 million versus $18.6 in Q4'2022 and for the [...]

IonQ Announces Q4 and Full Year 2023 Financial Results Showing Strong Growth2024-02-29T11:09:16-08:00

Riverlane, Rigetti, and ORNL to Research HPC-Quantum Integration Using ORNL’s Summit Supercomputer

2024-03-01T16:32:37-08:00

Picture of ORNL's Summit Supercomputer Riverlane and Rigetti Computing are collaborating on a project led by the US Department of Energy’s Oak Ridge National Laboratory (ORNL) to explore the integration of quantum computers with large-scale supercomputing centers. The project will build the first-ever benchmarking suite, ‘QStone’, to measure the performance of a joint High-Performance Computing (HPC) + Quantum system. This suite will be run on ORNL’s Summit, the fifth fastest supercomputer in the world. The quantum components will use simulated hardware based on key elements of Riverlane’s ‘Quantum Error Correction Stack’ and real remote hardware located at Rigetti’s headquarters in California. [...]

Riverlane, Rigetti, and ORNL to Research HPC-Quantum Integration Using ORNL’s Summit Supercomputer2024-03-01T16:32:37-08:00

Quantum Poker: The States of Colorado and Illinois are Betting on Quantum

2024-02-24T17:30:52-08:00

In October 2023 the Biden Administration announced the designation of 31 Tech Hubs as part Phase 1 of a program that was previously authorized in the 2022 Chips and Science Act. The purpose of the Tech Hubs program is to invest an amount of approximately $500 million over a five year period in a few U.S. regions that are focused on creating critical technology ecosystems across a few key technology focus areas and create good jobs for American workers. Quantum technology was deemed one of those key technologies and among the 31 designees, the Elevate Quantum Colorado group and The Bloch [...]

Quantum Poker: The States of Colorado and Illinois are Betting on Quantum2024-02-24T17:30:52-08:00

Quokka Quantum Educational Device Launched at Quantum Australia Conference

2024-03-03T14:36:03-08:00

At the recent Quantum Australia conference in Sydney, Professor Chris Ferrie announced his new company called Eigensystems focused on providing quantum educational tools along with its first product, a device called Quokka Quantum. The Quokka device is a personal quantum computer emulator that plugs into a laptop to help develop quantum literacy. It will come with four difference programming levels ranging from Quokka Basic to Quokka Advanced to provided a comprehensive library of content and lessons. targeted for high school students and provides support for algorithms using up to 30 qubits. The device fits in the palm of one hand and [...]

Quokka Quantum Educational Device Launched at Quantum Australia Conference2024-03-03T14:36:03-08:00

Xanadu Receives a $3.75 Million CAD ($2.78M USD) Loan from the Canadian Government

2024-02-24T11:58:40-08:00

The Government of Canada, through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), has provided a repayable contribution of $3.75M CAD to Xanadu, a leading company in photonic quantum computing. This funding is part of the Regional Quantum Initiative (RQI) which will have $23 million ($17M USD) available for funding over a six year period. The Xanadu funding will be used to accelerate the development of PennyLane, Xanadu’s open-source, cloud-based software framework for quantum machine learning, quantum chemistry, and quantum computing. The investment aims to advance Canada’s position in quantum technology, boost economic growth, and create jobs. It will [...]

Xanadu Receives a $3.75 Million CAD ($2.78M USD) Loan from the Canadian Government2024-02-24T11:58:40-08:00

Apple to Support PQC in Its Next Operating System Release

2024-02-25T15:49:33-08:00

Apple Computer has implemented Post Quantum Cryptography (PQC) support within the iMessage app of its next operating system updates iOS 17.4, iPadOS 17.4, macOS 14.4, and watchOS 10.4 scheduled to be released in early March. Apple calls this feature PQ3 and it has several interesting features. In this implementation they are taking a conservative approach by implementing a hybrid cryptography protocol that includes both their current elliptic curve algorithms along with the ML-KEM (Kyber) being standardized by NIST. This will ensure that even if an issue were to be found in the future in ML-KEM, the encryption would still be at [...]

Apple to Support PQC in Its Next Operating System Release2024-02-25T15:49:33-08:00

NEC Australia and D-Wave Are Partnering to Expand Quantum Business in Australia

2024-02-19T12:25:02-08:00

NEC Australia and D-Wave Quantum Inc. are launching two quantum services in Australia: the Quantum Consultancy Service and access to the Leap™ Quantum Cloud Service. These services aim to solve complex problems faster than traditional computers, benefiting the commercial sector, governments, and academia. The Quantum Consultancy Service develops and tests quantum solutions, while the Leap™ Quantum Cloud Service provides access to D-Wave’s real-time quantum cloud service. These services can improve efficiency in various areas, such as emergency response and cargo transfers. NEC Australia and D-Wave have been delivering successful local quantum applications since 2021. Additional information is available in a press [...]

NEC Australia and D-Wave Are Partnering to Expand Quantum Business in Australia2024-02-19T12:25:02-08:00
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