Uncategorized

Orientum and KB Kookmin Bank have signed a strategic memorandum of understanding (MOU) to collaborate on developing and commercializing quantum computing technologies for the financial sector. This partnership aims to accelerate innovation in areas such as quantum-powered financial modeling, encryption, and simulation, positioning both companies at the forefront of quantum-finance convergence in South Korea and beyond. The collaboration will focus on several key initiatives: developing quantum algorithms for financial data analysis, creating quantum-enhanced security systems, and designing simulation tools for complex financial products like derivatives. The agreement also includes joint talent development programs—such as seminars and educational tracks—to cultivate expertise at [...]

Terra Quantum has partnered with Siemens Cre8Ventures to integrate its Quantum-as-a-Service platform into Siemens' Digital Twin Marketplace. The collaboration enables secure quantum capabilities for startups and enterprises developing next-generation automotive and drone technologies. Core offerings include hybrid quantum-classical optimization algorithms, post-quantum cryptography, quantum key distribution (TQSN), and a no-code development tool (TQ42 Studio), all designed for seamless simulation and security in critical systems. The platform will support applications requiring high precision and security—such as autonomous vehicle coordination, drone swarm management, and energy-efficient routing. Users can co-simulate quantum-secure designs alongside classical models before hardware deployment, advancing sovereign innovation in line with the [...]

At the Intersection of Quantum Tech and Health Overview Human biology is complex and doctors can always use a new tool to understand everyday illnesses, diagnose rare diseases and personalize treatment. Dr. Frederik F. Flöther, Chief Quantum Officer, QuantumBasel, is working with pharma companies and quantum startups to build new data tools for physicians and researchers that use the power of quantum technology. In this episode of The Quantum Spin by HKA, Frederik and Veronica Combs discuss the collaborations that are developing these new tools as well as the ethics that should guide this work. 00:00 Introduction to Quantum Spin Podcast00:34 [...]

The U.S. Defense Advanced Research Projects Agency (DARPA) and the State of Maryland have signed a memorandum of agreement to establish the Capital of Quantum Benchmarking Hub, a major new research center dedicated to testing and evaluating quantum computing prototypes. The Hub will be based at the University of Maryland’s Applied Research Laboratory for Intelligence and Security (ARLIS) in College Park, with operations formally launching under DARPA’s Quantum Benchmarking Initiative (QBI). Under the agreement, DARPA and Maryland have each committed to matching contributions of up to $100 million over four years, depending on the progress and results achieved. The initiative will [...]

QuEra Computing has been selected by the Defense Advanced Research Projects Agency (DARPA) to participate in Stage A of the Quantum Benchmarking Initiative (QBI). The initiative seeks to determine whether fault-tolerant, commercially useful quantum computers can be developed within the next decade. Eighteen companies are slated to participate in Stage A before a subset of them are selected to move on to Stage B. In Stage A, QuEra will present detailed technical concepts and research plans, with the potential to advance to hardware evaluation in subsequent stages. QuEra will leverage its neutral-atom quantum computing platform for the program, highlighting its scalable [...]

Rigetti Computing has been awarded a $5.48 million grant from the Air Force Office of Scientific Research to further develop its Alternating-Bias Assisted Annealing (ABAA) chip fabrication process. Rigetti will lead a consortium including Iowa State University, the Royal Melbourne Institute of Technology, the University of Connecticut, and Lawrence Livermore National Laboratory to study ABAA's impact at the microscopic level. The project aims to deepen understanding of defect mitigation in superconducting qubits, a critical challenge for scalable quantum computing. ABAA, introduced by Rigetti in 2024, involves applying alternating low-voltage pulses at room temperature to the oxide barrier of Josephson junctions, enabling [...]

PQShield has announced the launch of its UltraPQ-Suite, a comprehensive product range offering deeply specialized implementations of post-quantum cryptography (PQC) optimized for a post-standards world. The UltraPQ-Suite addresses critical challenges faced by manufacturers and developers during the global transition to quantum-safe security, offering solutions that prioritize performance, security, or footprint according to application needs. The first product introduced under this suite, PQPlatform-TrustSys, delivers a quantum-safe Root of Trust for ASIC and FPGA hardware to achieve compliance with new regulations such as the NSA’s CNSA 2.0. The UltraPQ-Suite is organized into three pillars: ultra fast, ultra secure, and ultra small. Ultra fast [...]

IonQ and EPB have announced a partnership to establish the first U.S. quantum computing and networking hub in Chattanooga, Tennessee. As part of the collaboration, the EPB Quantum Center will house IonQ’s Forte Enterprise quantum computer alongside EPB’s existing quantum networking infrastructure. IonQ will also open a Chattanooga office to provide application development support, training, and technical services, further advancing Tennessee’s role in the emerging quantum economy. The $22 million reflects EPB’s investment in the collaboration, which includes their share of the Forte Enterprise system as well as application development support, training, and other services. The new center will serve as [...]

The Government of Finland has published a new national Quantum Technology Strategy, positioning quantum technologies as a future driver of economic growth and sustainability. Released on April 24, 2025, by the Ministry of Economic Affairs and Employment, the strategy defines Finland’s ambitions to leverage its scientific strengths and maintain competitiveness in the evolving global quantum landscape. The document emphasizes the need for targeted investments and accelerated commercialization to realize quantum benefits, especially as national funding has historically been more limited compared to peer countries. The strategy outlines four core objectives: expanding quantum research and education, accelerating industrial adoption, securing quantum-resilient digital [...]

ULVAC, Inc. and ULVAC CRYOGENICS INC. have developed and installed a dilution refrigerator designed specifically for quantum computing applications, supporting Japan’s first fully domestically built quantum computer. The system, operational as of April 4, 2025, at the Center for Quantum Information and Quantum Biology, University of Osaka, plays a critical role in maintaining the ultra-low temperatures required for superconducting qubit operation. The initiative marks a significant milestone toward achieving supply chain independence for Japan’s quantum ecosystem, addressing long-standing challenges in locally sourcing core quantum technologies. The newly deployed system integrates all major subsystems—including cryogenic infrastructure, control electronics, and qubit chips—based entirely [...]