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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, [...]

 Quantinuum LLC, a quantum hardware company majority owned by Honeywell, has filed a confidential S-1 form on February 17, 2026 with the U.S. Security and Exchange Commission (SEC) for a proposed Initial Public Offering (IPO) of Quantinuum’s common stock. This detailed registration statement will undergo heavy review by the SEC and typically includes the following information: This includes: Audited financial statements (typically 2–3 years) Detailed business model and strategy Risk factors (often dozens of pages) Executive compensation Industry and competitive analysis Use of proceeds Legal issues and governance structure The number of shares being offered, the offering price, and the potential [...]

QuantumCore Inc. (CSE: QNCR) has announced a strategic expansion of its partnership with the Institute for Quantum Computing (IQC) at the University of Waterloo. The collaboration is supported by a $1.7 million non-dilutive grant from the Natural Sciences and Engineering Research Council of Canada (NSERC) Alliance Quantum program. This funding follows the company's recent public listing on the Canadian Securities Exchange on April 14, 2026, which was facilitated through a reverse takeover of MGM Resources and two private placement rounds totaling $9 million. The initiative is specifically focused on accelerating the development of QuantumCore’s superconducting traveling-wave parametric amplifier (TWPA) platform. TWPAs [...]