News Brief

Qubit Pharamaceuticals, a Paris, France based company specializing in finding efficient solutions for computational drug discovery, has raised €16 Million in financing from XAnge, Omnes, Quantonation and Mr. Octave Klaba, founder of OVH. This brings total funding the company has received so far to over €23 million ($24.2M USD). The funds will be used to further develop the company's Atlas software platform which leverages supercomputers and quantum computers to accelerate the development of more effective and safer drug candidates. The company has the aim of speeding drug candidate selection by a factor of 2X and reducing investment cost for drug discovery [...]

SEQUR SynQK is a scalable end-to-end platform for exchanging quantum secure digital keys between two parties. A key strength of this technology is its ability to exchange keys for very long distances at high data rates which they say provides advantages over alternate approaches of true QKD or other PQC algorithms, such as the ones being reviewed by NIST. In benchmark tests Quantropi performed with Deutsche Telekom and the Calian Group they demonstrated the ability to deliver at least 5 simultaneous quantum secure key streams over distances ranging from 4,000 to 15,000 KM at speeds ranging from 130 to 190 megabits per second. [...]

QuantWare, a Delft Netherlands, company that develops superconducting quantum processor chips was given this aware as part of a competitive new EIC Accelerator “enhanced pilot” program. The company will be using these funds to scale their processor chips to higher qubit counts. QuantWare provides these chips to organizations wishing to build up their own quantum computers using components obtained from different sources. QuantumWare has recently established partnerships with QuantrolOx to integrate their control software with QuantWare hardware and also QphoX to provide a way of networking quantum processors. You can access a news release announcing this award on the QuantWare website [...]

The Quantum Startup Foundry's Pre-TraQtion Program draws entrepreneurs who are building Quantum-focused ventures and are looking for grant funding. The Pre-TraQtion Program is ideally valuable for early stage founders looking to commercialize their technology, build their companies, and engage the US Government for funding. The program helps companies navigate the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs for specific topics related to quantum technologies. The program will run from July to October 2022 and the final deadline for submitting an application is June 30, 2022. Additional information is available on the website of the Quantum Startup [...]

Nvidia has disclosed that Menten AI is using its cuQuantum’s tensor network library to simulate protein interactions and optimize new drug molecules. Like many quantum early adopters, Menten AI is investigating the use of quantum technology to accelerate the computationally expensive simulations used in classical computing for protein and peptide design. But the challenge is that today's quantum processor are not really powerful enough to provide useful results. However, the processors are continuing to improve at a fast pace and it is likely they will become powerful enough to provide quantum advantage and provide solutions that cannot be achieved using classical computing. [...]

QuantWare is collaborating with another subsystem supplier. In May, we reported on a partnership between QuantWare and QuantrolOx to provide machine learning based qubit control software for QuantWare's superconducting processor chips. This time they are partnership with QphoX to provide ways of networking multiple quantum processors together into a mini quantum internet. This approach is gaining popularity because Rigetti is already doing this with their 80 qubit Aspen-M processor and plans to expand upon this with their future 336 qubits machine. Also, IBM announced plans to do this in the future in their latest roadmap release. The key component that QphoX [...]

The funds will support three different programs over a period of about 3.5 years. The first is the National Quantum Computing Hub (NQCH) which will develop quantum computing hardware and middleware, host a quantum computing facility at the National Supercomputing Centre (NSCC) Singapore, and research applications with industry collaborators in applications for areas such as finance, supply chain, and chemistry. The second program is a National Quantum Fabless Foundry (NQFF), hosted at A*STAR’s Institute of Materials Research and Engineering (IMRE). This facility will provide micro and nano fabrication services for quantum devices being designed by the Singapore quantum research community. The [...]

Testing of the Quantum Brilliance Processor Before Installation at Pawsey The quantum processor that has been installed by Quantum Brilliance at the Pawsey Supercomputing Centre is a small two-qubit processor primary intended for to test how it can be integrated within a hybrid classical/quantum architecture as a quantum accelerator with the Setonix, Pawsey’s new state-of-the-art HPE Cray Ex supercomputer. The team at Pawsey will be using the system to explore hybrid algorithms as well as collect and optimize operational data for such things as diagnostics, maintenance data and cycles. The learnings that will result from this initial installation will be used [...]

HPCQS is a European consortium funded by the European High-Performance Computing Joint Undertaking (JU) to integrate two 100 qubit quantum simulators to two existing European Tier-0 supercomputers and provide cloud access to public and private European users. The HPCQS project is lasting four years, has a 12 million Euro ($12.9M USD) budget with 15 partners in six countries. Pasqal has been chosen to provide two of their 100 qubit, neutral atom base Fresnel quantum simulators at the Joliot –Curie of GENCI, operated at CEA/TGCC, and the JUWELS modular supercomputer at the Jülich Supercomputing Centre (JSC). The Fresnel processors will be used in a hybrid classica/quantum configuration with supercomputers [...]

Amazon Web Services (AWS) has become a member of the Q-NEXT research consortium. Q-NEXT is a U.S. Department of Energy (DOE) National Quantum Information Science Research Center led by the Argonne National Laboratory. AWS joins 12 companies, 10 universities and three DOE in this research effort to accelerate progress in quantum information science. Q-NEXT activities will include creating two national foundries for quantum materials and devices, developing quantum networks, forming simulation and network testbeds, and help to train a quantum workforce. Q-NEXT is one of five of the DOE's National Quantum Information Science Research Centers with each researching different areas of quantum [...]