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Quantum Circuits, Inc. has named Ray Smets as President and CEO. He will be working to scale and commercialize the company as it introduces its superconducting, error detection and handling quantum technology later this year. Mr. Smets has over thirty years of management experience spanning operations, sales, marketing, and product execution in several high-growth cloud, data center and networking companies including Cisco, A10 Networks, Motorola, and AT&T. A press release announcing his joining the company can be seen here. Strangeworks has appointed Daniel Ley as the SVP Revenue. In this role he will lead the company's revenue growth and go-to-market efforts. Mr. Ley has [...]

Progress report three years after the launch of the national strategy for quantum technologies and launch of the PROQCIMA program In a bid to make France the center of gravity of the global quantum industry, the government has launched a French National Strategy for quantum that included projected investments of €1 billion ($1.1B USD) from the government over a four year period with additional investments being made by the private sector. France has made considerable progress is enjoying significant quantum startup activity and private funding in the country as well as gains in attracting and developing talent. To further accelerate progress [...]

Intel has unveiled version 1.1 of its Quantum Software Development Kit (SDK), introducing significant enhancements to facilitate quantum algorithm implementation. The updated kit boasts an open-source compiler front end, two additional simulator back ends, and customizable qubit noise models, alongside enhanced programming tools for quantum algorithm expression. These features will enable developers to access Intel's full quantum computer in simulation through the SDK. Designed to interface with Intel's quantum hardware, including the Horse Ridge II control chip and Tunnel Falls quantum dot spin qubit research chip, the SDK offers seamless integration with C/C++ and Python applications. Key new features in this [...]

LuxQuanta, a European Quantum Key Distribution (QKD) manufacturer, has secured a notable victory in the European Innovation Council (EIC) Accelerator program, receiving s €2.5 million grant. Co-founded by Dr. Sebastian Etcheverry and Dr. Saeed Ghasemi in 2021, and led by CEO Vanesa Díaz since 2022, LuxQuanta's success underscores its innovative prowess in quantum cryptography. Out of 1,083 proposals, only 42 companies were selected, highlighting the rigorous vetting process of the EIC Accelerator. LuxQuanta's achievement not only emphasizes its technological advancements but also positions it as a reference in Spain's innovation landscape. The funding, which includes the €2.5 million grant, will also [...]

QuantrolOx and Zurich Instruments have announced their partnership, integrating Zurich Instruments’ Quantum Computing Control System (QCCS) into QuantrolOx’s Quantum EDGE automation tool. The QCCS combines RF Signal Generators, Quantum Analyzers, and Qubit Controllers, offering advanced features such as over 1 GHz instantaneous bandwidth. This integration aims to enhance performance, reduce complexity, and streamline qubit experiments. Additionally, users can leverage the SHF+ product line for high-fidelity gate operations. The collaboration, facilitated by Zurich Instruments’ LabOne Q open-source software framework, aims to advance multi-qubit gate operations and refine readout capabilities. Vishal Chatrath, CEO of QuantrolOx, expressed excitement about the collaboration, citing Zurich Instruments’ [...]

Vescent, a leading provider of components for quantum technology commercialization, has successfully closed a $5 million Series Seed funding round led by Corporate Fuel, with additional participation from Caruso Ventures. This funding will expedite the introduction of new products, enhance manufacturing capabilities to meet growing demand, and extend market penetration. Vescent's offerings include Frequency Combs, Lasers, and Controls for quantum timing, computing, networking, and sensing applications, emphasizing low Size, Weight, and Power (SWaP), ruggedness, and performance.The investment will support infrastructure expansion, staffing, and customer support, reinforcing Vescent's position as a core technology provider in the quantum ecosystem. Corporate Fuel expressed confidence [...]