Mohamed Abdel-Kareem

Equal1, a quantum computing company specializing in silicon spin qubits, has been selected by the European Space Agency (ESA) to install its Bell-1 Hybrid Quantum Computing (HQC) System at ESA’s Φ-lab. This partnership, part of the Quantum Computing for Earth Observation (QC4EO) initiative, is a step toward integrating quantum processors into ESA’s High Performance Compute (HPC) infrastructure. The Bell-1 Quantum Computer, a 6-qubit system, is a rack-mounted device with an integrated closed-cycle cryocooler, which makes it suitable for deployment within ESA's existing infrastructure. Equal1’s technology uses silicon spin qubits fabricated in CMOS technology. This integration will enable ESA scientists to explore [...]

Hewlett Packard Enterprise (HPE) (NYSE: HPE), along with a consortium of seven other organizations, has announced the formation of the Quantum Scaling Alliance (QSA), a global initiative dedicated to making quantum computing scalable and practical for industrial adoption. The consortium is co-led by Dr. Masoud Mohseni from HPE Labs, who serves as quantum system architect, and John Martinis, a 2025 Nobel Laureate and co-founder and CTO at Qolab. The QSA aims to design and develop a cost-effective quantum supercomputer by leveraging the existing supercomputing and semiconductor ecosystem. The initiative is designed to overcome barriers that impede quantum scaling by providing a [...]

IonQ (NYSE: IONQ) and the University of Chicago (UChicago) have signed a strategic agreement to establish the IonQ Center for Engineering and Science on campus and deliver a dedicated next-generation quantum computer and an entanglement distribution quantum network. This deployment marks the first time a production-grade quantum computer and entanglement distribution quantum network will be deployed on a university campus. The core objective of the agreement is to fuel IonQ’s product roadmap by accelerating the development of novel quantum technology through UChicago research, with the collaboration aiming to generate intellectual property for future commercial growth. Research areas include quantum hardware for [...]

Governor Gavin Newsom's office announced the official launch of “Quantum California,” a new statewide initiative intended to align university researchers, industry leaders, national labs, and government partners around a shared strategy for quantum innovation and job creation. The launch event was co-hosted by the Governor’s Office of Business and Economic Development (GO-Biz) and the University of California Office of the President at UC Berkeley. The initiative formalizes the state’s commitment to advancing quantum technologies, including computing, sensing, and communication. It builds on the recent signing of Assembly Bill 940, which mandates that GO-Biz publish a strategic framework for transforming quantum research [...]

D-Wave Quantum Inc. has announced its Q3 2025 financial results, demonstrating significant year-over-year revenue growth and a strengthened balance sheet. The company also secured a major international capacity deal for its latest system. The table below summarizes key financial metrics for Q3 2025, with comparisons to the prior quarter (Q2 2025) and the year-ago quarter (Q3 2024). Amounts in $MQ3'2025Q2'2025Q3'2024% vs Q2'2025% vs Q3'2024Revenue$3.7$3.1$1.920.6%99.9%Operating Expenses$30.4$28.5$21.76.7%40.3%Operating Loss($27.7)($26.5)($20.6)4.7%34.4%Net Loss($140.0)($167.3)($22.7)-16.3%516.4%Cash, Cash Equivalents, and Investments$836.2$819.3$29.32.1%2754.0% Financial and Business Overview D-Wave's Q3 2025 results show substantial growth in core business metrics. Revenue reached $3.7 million, marking a nearly 100% increase year-over-year and a solid 20.6% sequential [...]

SkyWater Technology (NASDAQ: SKYT), a U.S.-based semiconductor foundry, has announced a collaboration with QuamCore, a deep-tech startup, under a multi-million-dollar contract. The partnership is focused on co-developing Single Flux Quantum (SFQ) devices to accelerate the advancement of practical, large-scale quantum computing. The collaboration aims to co-engineer a superconducting fabrication process optimized for integrating SFQ digital control circuits with superconducting qubit arrays. The resulting SFQ technology is intended to enable ultra-low-power, high-speed control to operate natively at cryogenic temperatures as low as 10 mK. QuamCore claims that SFQ control can reduce cabling by up to 1,000× and delivers significantly lower power dissipation compared [...]

GMV, a Spanish technology group specializing in cybersecurity, space, and defense, and LuxQuanta, a company focused on Continuous-Variable Quantum Key Distribution (CV-QKD) technologies, have established a strategic alliance. This collaboration is intended to accelerate the real-world deployment of QKD technologies and strengthen Europe’s sovereignty in quantum-safe communications. The partnership aims to bridge the terrestrial fiber network segment with the secure space segment of quantum communication. GMV will contribute its expertise in managing encryption and Key Management Systems (KMS) used in space missions, including Galileo, to manage the full lifecycle of quantum keys across complex networks. LuxQuanta’s CV-QKD solution, built around its [...]

Pasqal, a neutral atom quantum computing company, and LG Electronics have announced a strategic partnership under which LG Electronics will take an equity investment in Pasqal. The collaboration is intended to advance quantum computing toward industrial applications and accelerate the industrialization of quantum hardware. The partnership focuses on two key areas of joint R&D: quantum algorithms and core hardware technologies. The companies will co-develop quantum algorithms to address LG's industrial challenges, including multiphysics simulation, optimization, and material discovery. Concurrently, they will jointly explore collaboration opportunities in enabling technologies for neutral atom quantum computing infrastructure, such as optical and electronic components and [...]

IonQ has announced its third-quarter 2025 financial results, highlighting substantial revenue growth, major technical milestones, and a record balance sheet following strategic financing and acquisitions. The table below summarizes key GAAP financial metrics for Q3 2025, with comparisons to the prior quarter (Q2 2025) and the year-ago quarter (Q3 2024). Amounts in $MQ3'2025Q2'2025Q3'2024% vs Q2'2025% vs Q3'2024Revenue$39.9$20.7$12.492.6%221.5%Operating Expenses$208.7$181.3$65.515.1%218.4%Operating Loss($168.8)($160.6)($53.1)5.1%217.7%Net Loss($1,055.6)($177.5)($52.5)494.7%1910.8%Cash, Cash Equivalents, and Investments$1,485.0$656.8$382.8126.1%287.9% Financial and Strategic Overview IonQ reported Q3 2025 revenue of $39.9 million, exceeding the high end of its guidance by 37% and representing 221.5% growth year-over-year. The company raised its full-year 2025 revenue guidance to a range [...]

IonQ (NYSE: IONQ), in collaboration with a Swiss consortium of academic, enterprise, and public institutions, has successfully deployed the Geneva Quantum Network (GQN), the nation’s first dedicated citywide quantum network. This infrastructure links key institutions across the region using hundreds of kilometers of existing fiber optic infrastructure. The consortium includes the University of Geneva (UNIGE), CERN, Rolex SA, the Haute École du Paysage, d’Ingénierie et d’Architecture (HEPIA), and the Cantonal Office for Information Systems and Digital Technology (OCSIN). The network’s architecture relies on quantum key distribution (QKD) and quantum detection systems from ID Quantique (IDQ), an IonQ company. The GQN is intended to advance quantum cybersecurity, communications, and metrology research. Key technical [...]