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Reticulate Micro, Inc., a commercial and defense technology company, has announced an exclusive partnership with Quantropi, a Canadian cybersecurity company. The collaboration aims to deliver the world's first post-quantum video encryption solution, addressing the quantum threat to encryption systems. Under the agreement, Quantropi's QiSpace™ platform will integrate post-quantum cryptographic capabilities into Reticulate's VAST™ video compression product and VisionOS™ development platform. These technologies enable secure, high-quality video delivery in low-bandwidth environments. Both firms will market their solutions as an integrated offering to defense and commercial customers. This partnership comes as the U.S. National Security Agency warns of the risks posed by advances [...]

QAI Ventures, a Swiss venture capital firm specializing in quantum tech innovation, has announced the signing of a Letter of Intent to launch a global quantum technology accelerator and the opening of its Canadian office in Calgary, Alberta, Canada. This initiative, powered by Alberta's Quantum City and in partnership with the University of Calgary, aims to foster the development of quantum technology startups on a global scale. The collaboration includes the establishment of the QAI Ventures Accelerator, offering acceleration programs and investment funding for early-stage quantum and advanced AI startups worldwide. Through tailored mentorship and access to cutting-edge technology, entrepreneurs will [...]

Quantonation Ventures revealed the initial closing of its second early-stage investment fund, Quantonation II, with €70 million ($75M USD) raised towards a €200 million ($214M USD) goal. Focused on Quantum Technologies, the fund underscores Quantonation's leading role in the burgeoning Quantum Tech industry, with investments already being made globally. Since its inception in 2018, Quantonation has backed founders translating quantum science and physics into real-world applications across sensing, communication, and computing.  Its first fund, Quantonation I, exceeded its target by securing €91 million ($97M USD), investing in 27 companies globally, and achieving two exits. This success places Quantonation in the top [...]

IBM Quantum System One Installation at RPI's Voorhees Computing Center. Credit: IBM We had reported last June that Rensselaer Polytechnic Institute (RPI) had ordered an 127-qubit IBM Quantum 'Eagle' processor for on-premise use. Now IBM and RPI have announced that they've completed installation at RPI's Voorhees Computing Center, a facility which used to be a former cathedral. This is the first installation that IBM has performed at a university. IBM had previously installed a Quantum System One at the Cleveland Clinic last year. RPI will be using the machine to perform quantum computing research as well as train future quantum computing professionals. [...]

Infleqtion has named Matthew Kinsella as their new Chief Executive Officer replacing Scott Faris who has decided to leave the company to focus on quantum industry policy and investments in national security and defense. Mr. Kinsella was previously a senior Managing Director at Maverick Ventures and was one of the earliest investors in Infleqtion, when it was originally named ColdQuanta. He has served on the company's board since 2018 and knows the company well. He will be focusing on continuing to  scale Infleqtion's business and expand their sales into high-growth markets. A press release from Infleqtion announcing his appointment is available [...]

Chart Showing Improvement in Error Rates with this Latest Research. Credit: Quantinuum The race to achieve fault tolerant quantum computing (FTQC) will need many steps in order to cross the goal line and provide a usable capability so that end users can take advantage of it for their applications. But Quantinuum and Microsoft have moved the ball further downfield with their latest experiment. OverviewBasic quantum error correction groups together a bunch of error prone physical qubits with a coding scheme to form a logical qubit that shows a greatly decreased error rate. More advanced schemes increase the rate of encoding. A key [...]