Mohamed Abdel-Kareem

About Mohamed Abdel-Kareem

Mohamed Abdel-Kareem is a Research Physicist at Global Quantum Intelligence, LLC, where he plays a pivotal role in tracking and synthesizing developments across the quantum computing industry. With a keen eye for detail, Mohamed specializes in gathering and analyzing quantum industry data, monitoring investment trends, and extracting critical insights from press releases and corporate announcements. His work provides high-level investors and stakeholders with accurate, unbiased, and actionable information on the latest advancements in quantum technologies, market dynamics, and strategic opportunities. Mohamed’s contributions have been instrumental in shaping the company’s quantum market research and strategic content. By maintaining a strong focus on technical accuracy and vendor neutrality, he ensures that the insights delivered are both reliable and relevant to the rapidly evolving quantum ecosystem. His expertise supports decision-makers in navigating the complexities of the quantum industry, enabling them to make informed, data-driven choices.

Iceberg Quantum Raises $2M AUD ($1.26M USD) Pre-Seed Round and Partners with PsiQuantum to Advance Fault-Tolerant Architectures

2025-03-26T11:23:36-07:00

Quantum computing architecture startup Iceberg Quantum has raised $2 million AUD ($1.26M USD) in pre-seed funding led by Blackbird Ventures and UK-based LocalGlobe. The announcement coincides with a new strategic collaboration with PsiQuantum to develop fault-tolerant architectures for PsiQuantum’s silicon photonic quantum computing platform, currently under development in Brisbane. Iceberg Quantum is addressing the challenge of quantum error correction overhead, a major bottleneck to scalable quantum computing. By applying low-density parity-check (LDPC) codes—pioneered in part by co-founders Felix Thomsen, Larry Cohen and Sam Smith during their PhD work at the University of Sydney —the company aims to reduce the qubit overhead [...]

Iceberg Quantum Raises $2M AUD ($1.26M USD) Pre-Seed Round and Partners with PsiQuantum to Advance Fault-Tolerant Architectures2025-03-26T11:23:36-07:00

Xanadu and Corning Partner to Advance Fibre Interconnects for Scalable Photonic Quantum Computing

2025-03-25T21:48:28-07:00

Xanadu and Corning Incorporated have announced a strategic collaboration to co-develop customized low-loss optical fibre and fibre-array solutions for networking photonic quantum computing chips. The joint effort will leverage Xanadu’s expertise in ultra-low-loss photonic chip components and Corning’s advanced innovations in optical fibre to enable fault-tolerant, utility-scale photonic quantum computing. The goal is to address critical interconnect challenges for scaling architectures like Xanadu’s recently demonstrated Aurora quantum system. The effort builds on Xanadu’s recent demonstration of Aurora, a 35-chip fibre-networked photonic quantum system using 13 kilometers of optical fibre, as reported in Nature. While Aurora establishes the architectural foundation for scaling [...]

Xanadu and Corning Partner to Advance Fibre Interconnects for Scalable Photonic Quantum Computing2025-03-25T21:48:28-07:00

Classiq Achieves 95% Quantum Circuit Compression in Financial Risk Simulations with Sumitomo and Mizuho-DL FT

2025-03-25T12:50:49-07:00

Classiq Technologies has announced a major milestone in financial quantum computing, achieving up to 95% quantum circuit compression in Monte Carlo simulation algorithms for credit portfolio risk management. The project was conducted in partnership with Sumitomo Corporation and Mizuho–DL Financial Technology, aiming to assess the feasibility of quantum algorithms in real-world financial applications, particularly in simulating large-scale probabilistic models used for Value at Risk (VaR) calculations. Monte Carlo methods are widely used in finance for tasks such as derivative pricing and asset risk assessment but are computationally intensive due to the large number of random scenarios required. Mizuho–DL FT introduced a [...]

Classiq Achieves 95% Quantum Circuit Compression in Financial Risk Simulations with Sumitomo and Mizuho-DL FT2025-03-25T12:50:49-07:00

Qunova’s HI-VQE Chemistry Function Added to IBM’s Qiskit Functions Catalog

2025-03-25T17:14:15-07:00

Qunova Computing has introduced its HI-VQE Chemistry function to IBM’s Qiskit Functions Catalog, offering researchers a new tool for solving electronic structure problems in quantum chemistry. The Handover Iterative Variational Quantum Eigensolver (HI-VQE) algorithm, which underpins the function, combines quantum and classical computing resources to efficiently estimate the ground state of molecular systems. This hybrid quantum-classical approach focuses on a subset of the most relevant electron configurations, significantly reducing computational complexity while maintaining high accuracy. By leveraging quantum hardware to explore candidate configurations and classical computing to calculate resulting wave functions, the algorithm enables researchers to study larger molecular systems and construct precise potential energy surfaces. These [...]

Qunova’s HI-VQE Chemistry Function Added to IBM’s Qiskit Functions Catalog2025-03-25T17:14:15-07:00

Nokia, Honeywell Aerospace Technologies, and Numana Partner to Establish Quantum-Safe Networks

2025-03-24T14:53:16-07:00

Nokia, Honeywell Aerospace Technologies, and Numana have announced a strategic partnership to advance Quantum-Safe Networks (QSN) in Quebec, Canada, and globally. The collaboration aims to drive innovation, accelerate the adoption of secure networking technologies, and raise awareness about the importance of quantum-safe communications for safeguarding digital infrastructure. The partnership leverages Numana’s Kirq Quantum Communication Testbed, a facility designed for testing and validating quantum-resistant and quantum communication technologies. Nokia will contribute its expertise in post-quantum networking, including advanced IP routers, high-capacity optical transport nodes, and quantum-safe cryptographic technologies. Honeywell Aerospace Technologies will provide quantum-secure encryption keys for satellite-to-terrestrial communications, enhancing the security of data transmitted from space to [...]

Nokia, Honeywell Aerospace Technologies, and Numana Partner to Establish Quantum-Safe Networks2025-03-24T14:53:16-07:00

Orange Quantum Systems Unveils OrangeQS Juice Quantum Lab Operating System at APS Summit

2025-03-22T13:18:35-07:00

At the APS Global Physics Summit 2025, Orange Quantum Systems officially revealed OrangeQS Juice, a new full-stack operating system designed specifically for quantum R&D labs. Juice provides unified control, monitoring, and debugging of complex quantum systems, addressing key challenges such as multi-instrument coordination, system-wide data correlation, and collaborative experiment management. The software is optimized for quantum computing research and qubit development, integrating both hardware abstraction and customizable APIs to accommodate third-party tools. OrangeQS Juice will be launched in a closed beta program with early adopters including the Advanced Quantum Testbed (AQT) at Berkeley Lab, Chalmers Next Labs, and the DiCarlo Lab [...]

Orange Quantum Systems Unveils OrangeQS Juice Quantum Lab Operating System at APS Summit2025-03-22T13:18:35-07:00

Oxford Instruments, OQC, and Quantum Machines Launch Architect — An Open Quantum Training Platform

2025-03-21T20:18:40-07:00

Oxford Instruments NanoScience, Oxford Quantum Circuits (OQC), and Quantum Machines (QM) have unveiled a new collaborative initiative called Architect, an open-architecture quantum computing platform designed to accelerate workforce training and hands-on education in quantum technologies. The platform integrates OQC’s 8-qubit Lucy Gen2 processor, Quantum Machines’ OPX1000 high-density controller, and Oxford Instruments’ ProteoxMX dilution refrigerator. Architect targets key challenges in the quantum industry, such as talent development and access to real hardware, by providing an open, reconfigurable system tailored for both academic and commercial environments. Each component of Architect has been validated independently and in integrated deployments. OQC’s Lucy Gen2 processor, based [...]

Oxford Instruments, OQC, and Quantum Machines Launch Architect — An Open Quantum Training Platform2025-03-21T20:18:40-07:00

Singapore Launches $24.5M SGD ($18.3M USD) Hybrid Quantum-Classical Computing Initiative to Advance HPC Integration and Talent Development

2025-04-05T22:09:35-07:00

At the opening of the SupercomputingAsia 2025 (SCA2025) conference, Singapore's Minister for Digital Development and Information, Mrs. Josephine Teo, announced the launch of the Hybrid Quantum-Classical Computing (HQCC 1.0) initiative. Led by the National Quantum Office (NQO), this national effort aims to accelerate the convergence of high-performance computing (HPC) and quantum computing to address complex industrial and scientific challenges. The initiative marks a strategic investment in future-ready infrastructure and talent to position Singapore at the forefront of hybrid computational research. Backed by S$24.5 million SGD ($18.3 million USD) from the National Research Foundation (NRF), HQCC 1.0 focuses on middleware development, software [...]

Singapore Launches $24.5M SGD ($18.3M USD) Hybrid Quantum-Classical Computing Initiative to Advance HPC Integration and Talent Development2025-04-05T22:09:35-07:00

Norma and Neowiz Sign MOU to Explore Quantum Technology Applications in Gaming

2025-03-21T18:12:54-07:00

Norma, a South Korean quantum security and computing firm, has signed a memorandum of understanding (MOU) with game developer Neowiz to collaborate on applying quantum computing, quantum algorithms, and quantum AI in the gaming industry. The partnership follows an investment from Neowiz Holdings earlier this year and will focus on joint research, development, and commercialization of quantum technologies for game design and infrastructure. Key areas of collaboration include the integration of quantum computing into game development workflows, development of quantum-enhanced AI algorithms to address current limitations in conventional machine learning models, and the implementation of quantum security technologies to enhance cybersecurity [...]

Norma and Neowiz Sign MOU to Explore Quantum Technology Applications in Gaming2025-03-21T18:12:54-07:00

NSERC and NRC Fund CA$11M ($7.7M USD) for Quantum Sensing Research to Accelerate Industrial Readiness

2025-04-05T21:46:10-07:00

The Natural Sciences and Engineering Research Council of Canada (NSERC) and the National Research Council of Canada (NRC) have announced over CA$11 million ($7.7 million USD) in funding to support six collaborative research projects aimed at advancing the industrial readiness of quantum sensing technologies. These projects are aligned with the National Quantum Strategy (NQS), focusing on early adoption of quantum sensors across key Canadian industries and government applications. The initiative combines NSERC’s Alliance Quantum grants for university researchers with NRC’s Quantum Sensors Challenge program, where NRC scientists will participate directly in the research. In parallel, Canadian small- and medium-sized enterprises (SMEs) [...]

NSERC and NRC Fund CA$11M ($7.7M USD) for Quantum Sensing Research to Accelerate Industrial Readiness2025-04-05T21:46:10-07:00
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