Paid

Quantum Machines (QM) has launched the Israeli Quantum Computing Center (IQCC) at Tel Aviv University, supported by the Israel Innovation Authority as part of the Israel National Quantum Initiative. The center integrates multiple quantum computers with supercomputers using the NVIDIA-QM DGX Quantum for ultra-fast communication, making it the first of its kind globally. The IQCC, a state-of-the-art facility, hosts different types of quantum computers, including a 25-qubit superconducting quantum processor by Quantware and an 8-qumode photonic quantum computer by ORCA. This integration aims to advance quantum computing by providing researchers and developers worldwide access to leading-edge quantum and classical computing resources, [...]

Quantum Computing Inc. (QCI) received $27.3 thousand in revenue for the period ended March 31, 2024. The bulk of the revenue was due to  professional services that utilize the Dirac-series computers and other prototype design and configuration services. Net loss for the quarter was about $6.9 million. The company ended the quarter with $6.1 million in cash and cash equivalents, an increase of about $4 million from the balance on December 31, 2023. The company raised net cash $10 million during the Q1 period through its ATM (At-the-Market) agreement with with Ascendiant Capital Markets, LLC. A chart comparing the results for [...]

Riverlane, a global leader in quantum error correction technology, has announced its membership in the Quantum Energy Initiative (QEI). This global community of quantum technology companies and research organizations aims to minimize the environmental footprint of quantum technologies. Riverlane’s core product, the Quantum Error Correction Stack (Deltaflow), is being developed with a focus on energy efficiency. QEI members, including Microsoft Azure Quantum, IBM Quantum, and Alice & Bob, collaborate to define energy-based metrics for quantum technologies, derive fundamental bounds for energy consumption, use energetic efficiencies as optimization tools, and understand the impact of hardware and software on energy consumption. Riverlane’s Deltaflow.Decode [...]

In a new work being presented at the IEEE 2024 IEEE Silicon Nanoelectronics Workshop this month, Diraq has achieved record fidelity for spin qubits fabricated on a 300 mm wafer by imec. They have seen single qubit gate fidelities of 99.9%. In previous work published in Nature Magazine they have also demonstrated high fidelities when operating a 1 Kelvin. Operation at the 1 Kelvin rather than 10 or 15 millikelvin temperatures is important due to Diraq's strategy of creating chips with a large number of qubits. Dilution refrigerators like those used in superconducting designs have a relatively small cooling power and cost hundreds [...]

Venturus, one of the largest science and technology institutes in Brazil, and QuEra Computing, a company developing quantum computers using neutral atoms, have announced a strategic partnership to promote quantum computing innovation in Latin America. Central to this collaboration is the new Center of Excellence (CoE) for Quantum at Venturus in São Paulo, Brazil designed to develop cutting-edge quantum computing projects. This initiative aims to foster a robust quantum ecosystem, focusing on workforce training and applied research. The collaboration will target key industries including agriculture, finance, healthcare, logistics, and cybersecurity, with the goal of creating quantum algorithms and applications to address [...]

On June 7, 2024, the United Nations proclaimed 2025 as the International Year of Quantum Science and Technology (IYQ). This initiative aims to increase public awareness of quantum science and its applications. The year 2025 marks the 100th anniversary of the development of quantum mechanics, a milestone supported by numerous national scientific societies and international unions. The proposal for IYQ was led by Mexico and endorsed by UNESCO's Executive Board in May 2023, followed by UNESCO General Conference approval in November 2023, co-sponsored by nearly 60 countries. In May 2024, Ghana formally submitted a draft resolution to the U.N. General Assembly, [...]

Consortium in green, interested actors in white. Welinq has launched the AQADOC project, funded by the Ile-de-France Region, to advance distributed quantum computing for energy production. The project, in collaboration with EDF (Électricité de France), brings together a consortium of quantum computing providers and end-users, aiming to leverage multiple quantum processor units (QPUs) for parallel computations. This approach addresses the limitations of individual QPUs by enhancing computational power through interconnected devices. The AQADOC consortium includes key players such as Pasqal, Quandela, Lip6, Le Lab Quantique, Teratec, and GENCI, with expertise in quantum protocols and algorithms. The project focuses on developing new [...]

IonQ and South Carolina Quantum (SCQ) have announced the Faculty & Researcher Learning Series, aiming to introduce quantum technologies to academia. This initiative, part of an agreement to accelerate quantum technology adoption in South Carolina, will provide free sessions to faculty and researchers, starting at Clemson University on June 11, 2024. The Learning Series will cover quantum basics, industry applications, technical presentations, and guidance on accessing quantum resources and funding. Participants will gain access to IonQ’s quantum systems and training on incorporating quantum computing into research and curricula. Peter Chapman, President and CEO of IonQ, highlighted the significance of the initiative [...]

OTI Lumionics and Nord Quantique have announced a $5 million CAD (3.65 million USD) partnership to investigate quantum computing methods for materials science applications. The collaboration will focus on electronic structure calculations, vibronic spectra, and ab initio molecular dynamics (AIMD) using Nord Quantique’s advanced quantum error correction architecture. This partnership aims to enhance the development of advanced materials for industries including semiconductors, pharmaceuticals, and specialty chemicals. OTI Lumionics, known for its work in consumer electronics materials, selected Nord Quantique for its unique architecture, which is considered suitable for these specific quantum simulations. Nord Quantique’s approach promises faster computational speeds and lower [...]

Quandela, a European quantum computing provider, has launched its first manufacturing pilot line dedicated to high-performance photonic qubit devices in Massy, France. This new site aims to enhance the deployment of error-corrected quantum computers. The pilot line, located at the Photovoltaic Institute of Île-de-France within the Paris-Saclay innovation hub, leverages integrated photonics and semiconductor quantum dot-based devices, reflecting twenty years of research from French telecom laboratories and the French National Research Institute CNRS. The facility is designed to produce over 2,000 devices annually, scaling up to 10,000 devices with increased qubit density. It features an advanced qubit identification tool for rapid [...]