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SEALSQ Corp (NASDAQ: LAES), a leader in semiconductors and post-quantum technology, has raised a total of $60.0 million through multiple registered direct offerings. This includes the $10.0 million offering reported on December 12, 2024, and an additional $50.0 million raised through subsequent offerings. The funds will accelerate the deployment of post-quantum semiconductor technology and ASIC capabilities in the U.S. while supporting general corporate purposes. The first of the additional offerings, announced on December 16, 2024, highlighted pricing above market under NASDAQ rules, with a public offering price of $1.90 per share. SEALSQ entered into a securities purchase agreement with institutional investors, [...]

Since the first Quantum Computing Report (QCR) articles were published in August of 2015, we have posted over 2400 articles that cover all aspects of quantum technology, the quantum market, and the quantum ecosystem. So, what happens to all those old articles after they are initially read? Are they thrown away and forgotten? No way! Global Quantum Intelligence has implemented a unique system for capturing, cleaning, and storing the quantum data we collect that we call the GQI Factory. We maintain a massive database of information relating to quantum including all the QCR articles as well as all of our reports, GQI proprietary [...]

Rigetti's 84-qubit Ankaa-3 System. Credit Rigetti Computing Rigetti Computing has launched its latest quantum computer, the 84-qubit Ankaa-3, marking a significant milestone in superconducting quantum computing. Featuring a broad hardware redesign, the Ankaa-3 system achieves a 99.5% median two-qubit gate fidelity. It introduces technological advancements such as enhanced cryogenic hardware, optimized qubit circuit layouts, and precision control enabled by Rigetti’s novel Alternating-Bias Assisted Annealing (ABAA) technique. The system supports high-performance iSWAP gates with a median gate time of 72 nanoseconds and fSim gates optimized for algorithms like random circuit sampling. These improvements stem from innovations across Rigetti’s technology stack, including advanced [...]

Quantum chips with shuttle tracks (picture above) can be manufactured industrially on 200 mm silicon wafers.Credit:: Jülich Research Center The Jülich Research Center has partnered with ARQUE Systems to integrate a cutting-edge quantum computer into the Jülich Unified Infrastructure for Quantum Computing (JUNIQ) at the Jülich Supercomputing Center (JSC) in 2025. The system features a 5-qubit semiconductor-based quantum processor designed for scalability, potentially expanding to hundreds of qubits in the future. ARQUE's approach leverages transistor-like semiconductor qubits that encode information in the electron spin. This technology benefits from existing semiconductor manufacturing techniques, enabling industrial-scale production on 200 mm silicon wafers. The [...]

The Unitary Fund has released the results of its annual Quantum Open Source Survey (QOSS). It contains responses collected from over 1100 respondents around the world during the survey's open period from September 16 to October 31, 2024. (See our previous article encouraging people to response to the survey here.) The survey requested responses in the areas shown below. Demographics Experience Cloud services Full-stack development platforms, compilers, and simulators Software for applications and tools User experience Open Source Software (OSS) Development & Research Community Questions probed such topices as who is using quantum computing, why they are using quantum computing, what [...]

2024 has seen an unprecedented wave of quantum computing roadmaps, with thirteen players either announcing new development paths or significantly updating existing ones. Never before has the industry seen such a concentrated period of concrete technical commitments and public timelines, marking a shift from general promises to specific, measurable goals. Recent Roadmap Announcements The following list summarizes this year’s developments: New Roadmaps QuEra Computing (January 2024): Three-year roadmap through 2026, targeting 100 logical qubits. Infleqtion (February 2024): Four-year roadmap through 2028, planning for over 100 logical qubits with 40,000 physical qubits. Pasqal (March 2024): Five-year roadmap through 2028+, targeting fault-tolerant quantum [...]

Figure 1: Evolution of quantum computing on-premise deployments from 2016 to 2024, showing both annual and cumulative numbers of installations. The pie charts illustrate the shift in deployment models between the early period (2016-2022, left) and recent years (2023-2024, right), demonstrating a transition from purchase- and partnership-dominated arrangements to a more balanced distribution, with the research grant model becoming a significant factor. Market Trends and Emerging Patterns The emergence of on-premise quantum computing deployments can be traced through two distinct periods (see Figure 1 above), with the initial phase spanning from 2016 to 2022, which was pioneered by industry leaders.  D-Wave [...]

BlueQubit, a quantum software startup based in San Francisco, has raised $10 million in a seed funding round led by Nyca Partners, with participation from Restive, Chaac Ventures, NKM Capital, Presto Ventures, Tech Horizons, BigStory, Untapped Ventures, Formula VC, and Granatus. Founded by Stanford alumni Hrant Ghairbyan and Hayk Tepanyan, the company aims to integrate quantum computing into real-world applications through its Quantum Software as a Service (QSaaS) platform. The QSaaS framework connects enterprise users to Quantum Processing Units (QPUs) and quantum emulators, addressing challenges in sectors like finance, pharmaceuticals, and materials science. BlueQubit's software stack enables quantum emulators that are [...]

A Quantum Guide for the Fortune 500 Overview What does it take to persuade the biggest companies in the world to start exploring quantum technology? Twenty years in deep tech consulting is a great place to start. Jean-François Bobier is a partner and director at the Boston Consulting Group in Paris. He uses his expertise in identifying use cases, endless curiosity and computer science background to help Fortune 500 executives understand the quantum world. In this episode of “The Quantum Spin by HKA,” host Veronica Combs discusses story telling and technology with Jean-François. 00:00 Introduction to Quantum Spin Podcast00:36 Interview with [...]

Planckian, a quantum technology innovator based in Pisa, Italy, has introduced a new superconducting quantum chip architecture designed to address the critical wiring challenges impeding quantum computer scalability. This “conveyor-belt” architecture employs shared control lines to manipulate qubits, significantly reducing cabling complexity and operational overhead. The design builds upon Planckian’s prior research, including the June 2024 paper, “A Globally Driven Superconducting Quantum Computing Architecture”, which outlined an initial approach to leveraging ZZ coupling for global qubit control. The latest blueprint extends this work by reducing the number of physical qubits required while enabling advanced multi-qubit operations, including the three-qubit Toffoli gate, [...]