Recent news items published within the last 6 months on quantum computing developments are listed below. Click on the hyperlinked item to go to the press release or news article for more details. For older news items published in 2024 click here, for 2023 click here, for 2022 click here, for 2021 click here, for 2020 click here, for 2019 click here, for 2018 click here, and for items published in 2015-2017, click here.
December 31, 2024
Russia Unveils Its First 50-Qubit Rubidium-Based Neutral Atom Quantum Computer Prototype
Researchers at Lomonosov Moscow State University (MSU) and the Russian Quantum Center have developed Russia’s first prototype of a 50-qubit quantum computer based on neutral rubidium atoms. This milestone aligns with Russia’s 2020 Quantum Computing Roadmap, which targets the creation of a quantum system with a minimum of 50 qubits by the end of 2024. For more about this project, view our article here.
December 31, 2024
IonQ and ORNL Develop Efficient Hybrid Algorithm for Quantum Optimization
IonQ, in collaboration with Oak Ridge National Laboratory (ORNL), has introduced a hybrid quantum algorithm that significantly enhances the efficiency of quantum optimization tasks. Based on Quantum Imaginary Time Evolution (QITE), the algorithm reduces the number of two-qubit gates required by over 85% for a 28-qubit problem compared to the Quantum Approximate Optimization Algorithm (QAOA). This improvement was validated using IonQ’s Aria and Forte quantum systems. The new algorithm offers superior noise tolerance, making it particularly effective for solving complex combinatorial optimization problems. Read the remainder the article about this here.
December 30, 2024
Qolab Secures $16 Million Series A Funding to Advance Superconducting Quantum Computing
Qolab, Inc., a company developing superconducting quantum computing, announced the successful close of its Series A financing round, raising over $16 million. The round was led by Octave Ventures, with significant co-investment from the Development Bank of Japan Inc. (DBJ), the Wisconsin Alumni Research Foundation (WARF), and Phoenix Venture Partners (PVP). This investment will accelerate Qolab’s mission to develop scalable and reliable quantum computing systems for real-world applications. Read our full article here.
December 28, 2024
Synergy Quantum Provides Its QRNG Device to India’s Centre for Development of Advanced Computing (C-DAC)
Synergy Quantum, a global leader in quantum-secure communication technologies, has deployed its state-of-the-art Quantum Random Number Generator (QRNG) at the Centre for Development of Advanced Computing (C-DAC), India. This collaboration bolsters India’s cryptographic resilience and enhances Post-Quantum Encryption (PQE) capabilities. For more about how QRNG devices will play an important role in India’s communication infrastructure, read our article here.
December 28, 2024
Singapore’s AQSolotl Introduces CHRONOS-Q: A Quantum Controller for Use in Integrating Classical and Quantum Computers
In a pioneering move for quantum technology, Nanyang Technological University (NTU) and the National University of Singapore (NUS) have launched AQSolotl, a deep-tech startup presenting CHRONOS-Q—a state-of-the-art quantum controller designed to integrate classical computing systems with quantum computers. This innovation positions Singapore at the forefront of the global quantum ecosystem, with wide-ranging applications across industries. Read our story here for more about AQSolitl and their new CHRONOS-Q product.
December 27, 2024
Unitary Fund Joins QLASS Consortium with EU Grant to Advance Quantum Photonics
Unitary Fund, through its French subsidiary, has secured a three-year grant as part of the QLASS project, funded by the European Commission’s Horizon Europe program. The project, which received €6 million ($6.26M USD) in total, allocated €680,000 ($709K USD) to Unitary Fund France to lead software development efforts. For more about the GLASS project and the Unitary Fund’s participation in it, read the remainder of our article here.
December 27, 2024
Daejeon City Partners with Norma and National Nanofab Center to Advance Quantum Computing
Daejeon City signed a strategic agreement with Norma, a quantum computing specialist, and the National Nanofab Center. The partnership aims to foster a globally competitive quantum computing ecosystem in Daejeon, focusing on the development and commercialization of quantum computing technology. Norma will spearhead the establishment of quantum computer manufacturing facilities and commercialization processes. The National Nanofab Center will contribute through the development of quantum processing unit (QPU) manufacturing processes and performance evaluation technologies. Daejeon City will provide support for the commercialization of R&D results and facilitate new investments. For more about Norma and how this collaboration will help to build a robust local quantum ecosystem in Daejeon City, click here.
December 26, 2024
Norma Secures $18M Contract to Supply Quantum Computer to Saudi IT Company
South Korea’s Norma has announced its first quantum computer export deal, signing an $18 million contract with Saudi Arabia’s Light Vision IT. Norma will deliver its superconducting quantum computer “Qrion”, capable of over 10 qubits, by mid-2025. The system includes the Q Platform for quantum programming and Quantum Artificial Intelligence (Q AI) features, providing a full-stack solution. Read the full article here.
December 24, 2024
SEALSQ Secures $60.0 Million in Total Funding to Advance Post-Quantum Cryptography Semiconductor Technology
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. Click here for more details.
December 23, 2024
Rigetti Computing Launches 84-Qubit Ankaa™-3 Its Quantum Cloud Services Platform (QCS®)
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. Ankaa-3 is now available on Rigetti Quantum Cloud Services (QCS®) and will integrate with Amazon Braket and Microsoft Azure in early 2025. For more about Ankaa-3 and Rigetti’s additional plans for 2025, read our article here.
December 23, 2024
JUNIQ Adds ARQUE Systems’ Scalable Semiconductor-Based Quantum Computer
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. More information about this processor’s architecture and the JUNIQ platform can be found in the full article here.
December 19, 2024
BlueQubit Secures $10M Seed Funding to Accelerate the Development of Quantum-enabled Enterprise Applications
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. Read our full article here.
December 18, 2024
Planckian Unveils New Superconducting Quantum Chip Architecture for Enhanced Scalability
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. Read our full article here which describes how this approach can reduce hardware overheads.
December 18, 2024
MITRE and Montana State University Collaborate to Boost Quantum Research with Domestic Rare Earth Supply
MITRE and Montana State University (MSU) are jointly addressing U.S. dependence on Chinese sources for rare earth elements critical to quantum technologies. Through artificial intelligence and density functional theory, they aim to catalog alternative materials that can reduce reliance on imports. Their research particularly targets holmium copper, a key material in quantum cryocoolers currently dominated by Chinese supply chains. Read more about this collaboration in our article here.
December 18, 2024
Quantum Computing Inc. Wins NASA Contract to Address Phase Unwrapping with Dirac-3 Photonic Solver
Quantum Computing Inc. (QCi) has secured a prime contract from NASA’s Goddard Space Flight Center to leverage its Dirac-3 entropy quantum optimization machine for solving the phase unwrapping problem in interferometric radar imaging. Phase unwrapping is crucial for reconstructing high-quality images and extracting data from interferograms, a challenge that QCi aims to address at scale. For more about Dirac-3 and how NASA will evaluate the results of this effort, read our full article here.
December 18, 2024
AIST and IQM Partner to Drive Quantum Technology Industrialization in Japan
The National Institute of Advanced Industrial Science and Technology (AIST) and IQM Quantum Computers (IQM) have signed an MoU to advance the industrialization of quantum technology in Japan. This partnership focuses on quantum hardware development, algorithm optimization, error mitigation, and quantum machine learning, aiming to improve performance and scalability of quantum processors. Click here for the rest of our article about this new collaboration between organizations based in Finland and Japan.
December 18, 2024
SandboxAQ Secures $300 Million in Funding to Expand Quantum and AI Applications
SandboxAQ has raised over $300 million in funding from prominent investors including Fred Alger Management, T. Rowe Price Associates, Mumtalakat, Parkway Venture Capital, Breyer Capital, Rizvi Traverse, S32, US Innovative Technology Fund, Ava Investments, In-Q-Tel (IQT), and individual contributors like Eric Schmidt, Marc Benioff, David Siegel, and Yann LeCun. The round values SandboxAQ at $5.3 billion pre-money and is aimed at accelerating the development of Large Quantitative Models (LQMs), quantum, and AI solutions in fields like drug discovery, materials science, cybersecurity, and navigation. Click here for the remainder of our article.
December 18, 2024
Israel’s First Superconducting Quantum Computer Now Operational
Israel has launched its first domestically built quantum computer, marking a significant milestone in the nation’s push to become a leader in quantum technologies. Developed with advanced superconducting technology, the 20-qubit quantum computer was created through a collaboration involving the Israel Innovation Authority, Israel Aerospace Industries (IAI), Hebrew University, and Yissum, the university’s technology transfer company. This new quantum computer will support both defense and civilian applications, positioning Israel as a significant participant for quantum advancements. Read the remainder of our article here to learn more about Israel’s goals in quantum computing.
December 18, 2024
Indian Quantum Tech Startup Quanfluence Raises $2 Million in Seed Funding
Indian quantum technology startup Quanfluence has raised $2 million in seed funding to enhance its product offerings and develop its quantum computing solutions. The funding round was led by pi Ventures, with contributions from Golden Sparrow and Reena Dayal, founder of the Quantum Ecosystems and Technology Council of India. The startup’s approach utilizes Time-Multiplexed Optical Coherent Ising Machines (CIMs) to solve optimization problems much faster and more efficiently than classical and current quantum computers. To learn more about Quanfluence and their funding, click here.
December 18, 2024
SEALSQ and Hedera Collaborate to Develop Quantum-Resistant Semiconductors for Secure Post-Quantum Cryptography
SEALSQ Corp (NASDAQ: LAES) has announced a strategic partnership with Hedera, a leading decentralized blockchain network, to create next-generation quantum-resistant semiconductors. This collaboration aims to integrate quantum-resistant security solutions into critical infrastructures, ensuring protection against the emerging risks posed by quantum computing. The partnership will focus on SEALSQ’s QS7001 quantum-resistant hardware platform, which is currently undergoing testing and validation ahead of its production launch in 2025. The quantum-resistant chips developed through this collaboration will safeguard digital infrastructure, including blockchain and cryptographic systems, from the potential vulnerabilities introduced by quantum computing. Read the full article here.
December 17, 2024
Heriot-Watt University Drives Quantum Communications Innovation with PQA-Funded Project
Heriot-Watt University has secured funding for a groundbreaking project in quantum communications under the first round of awards from the Photonics and Quantum Accelerator (PQA). Dr. Natalia Herrera Valencia is leading a project to develop a cost-effective, easy-to-use quantum photonic system for creating entanglement links over telecom networks. This innovation enables ultra-secure encryption and interconnected quantum computers, addressing critical demands for secure and efficient communication infrastructure. For more about PQA and their initiatives to advance Scotland’s photonics and quantum technology sectors read our article here.
December 17, 2024
Nokia and SK Broadband Deploy Quantum-Safe Network to Protect Korea Hydro and Nuclear Power’s IT Infrastructure
Nokia and SK Broadband have deployed a quantum-secure leased line network for Korea Hydro and Nuclear Power (KHNP) to enhance the protection of its critical IT infrastructure. Completed in August 2024, the project integrates Nokia’s Quantum-Safe MACsec cryptographic technology to secure KHNP’s IP MPLS leased line network, ensuring robust protection against current and future cyber threats, including those posed by quantum computing. Read the remainder of our article here which describes both the importance an the benefits of implementing this project.
December 17, 2024
AmpliTech Develops Cryogenic Low-Noise Amplifiers with HEMT Technology for Quantum Computing
AmpliTech Group, Inc. has introduced its proprietary cryogenic Low-Noise Amplifiers (LNAs) based on High Electron Mobility Transistor (HEMT) technology, specifically designed for quantum computing applications. These advanced amplifiers are essential for the operation of quantum computers at ultra-low temperatures of 4 Kelvin, which is crucial for achieving high-fidelity quantum operations. AmpliTech has successfully delivered these amplifiers to leading Fortune 50 companies and research institutions, establishing itself as a key player in the quantum computing sector. Click here for more.
December 16, 2024
NSF Expands National Quantum Virtual Laboratory with Six New Pilot Projects
The National Science Foundation (NSF) has added six new pilot projects to its National Quantum Virtual Laboratory (NQVL) initiative. These projects, each funded with $1 million over 12 months, aim to accelerate the development of quantum technologies by providing U.S. researchers with access to advanced tools and real-world testing environments. They join five previously announced projects, collectively advancing quantum science as envisioned in the National Quantum Initiative Act. To read a listing of the six project selected, click here to read the remainder of our story on this.
December 16, 2024
Banco Sabadell Partners with Accenture and QuSecure to Enhance Quantum-Safe Cryptography
Banco Sabadell has collaborated with Accenture and QuSecure to implement post-quantum cryptography (PQC) technologies, enhancing the bank’s infrastructure against future quantum threats. Using QuSecure’s cryptographic agility software and open-source libraries, the project explored modernizing encryption systems to ensure resilience in the post-quantum era. The four-month initiative provided Banco Sabadell with a roadmap to achieve quantum resiliency, aligning with emerging NIST PQC standards. For more about this collaboration, read the rest of our article here.
December 16, 2024
Q-CTRL and Accenture Federal Services Collaborate on Quantum Optimization to Enhance Federal Network Security
Q-CTRL and Accenture Federal Services have collaborated to enhance federal network security using quantum optimization techniques. By applying Q-CTRL’s Fire Opal software, the partnership has targeted the challenge of network anomaly detection events such as security threats or networking inefficiencies, that can arise due to the complexity of large-scale networks. These anomalies can be found by using a Max-Cut optimization approach in the analysis. Fire Opal improves the performance of quantum hardware over more classical methods, enabling more accurate identification of anomalies by addressing the Max-Cut optimization problem in network analysis. Read the remainder of our article here which describes the results of integrating the Fire Opal software with other components in the system to improve performance.
December 16, 2024
SEALSQ Secures $10M in Registered Direct Offering to Advance Post-Quantum Cryptography Semiconductor Technology
SEALSQ Corp (NASDAQ: LAES), a Swiss company specializing in semiconductors, PKI, and post-quantum cryptography (PQC) technologies, has secured $10 million in gross proceeds through a registered direct offering. The offering, priced above market under NASDAQ rules, involves the sale of 7,692,308 ordinary shares at $1.30 per share. Maxim Group LLC acted as the sole placement agent for the transaction, which is expected to close on December 16, 2024, subject to standard conditions. Click here for the rest of our article which covers how SEALSQ intends on utilizing this funding.
December 16, 2024
BosonQ Psi Raises $3M+ in Seed-I Funding to Tackle Challenges in Simulation
BosonQ Psi (BQP) has closed a $3 million+ Seed-I funding round, boosting its total funding to $4.7 million. Led by Monta Vista Capital, other investors include Emergent Ventures, Armory Square Ventures, Alumni Ventures, and Paradigm Shift Capital. The funding will accelerate BQP’s expansion in the U.S. and Indian markets, focusing on Aerospace & Defense and Semiconductor industries. BQP is tackling innovation challenges in the $22 billion simulation market, where outdated technologies slow time-to-market or risk design flaws. For more about BQP an some of the recent milestones it has achieved, view the rest of our article here.
December 13, 2024
IBM and State of Illinois to Establish National Quantum Algorithm Center in Chicago
IBM and the State of Illinois, supported by universities and industry leaders, announced plans to establish the National Quantum Algorithm Center in Chicago’s Illinois Quantum and Microelectronics Park (IQMP). This initiative will feature IBM’s Quantum System Two, equipped with the 156-qubit Heron processor, enabling utility-scale algorithms beyond classical computational limits. The system will integrate quantum and classical computing, advancing hybrid supercomputing capabilities. The center aims to drive quantum algorithm development, leveraging Illinois’ robust ecosystem of academic institutions like the University of Chicago and the University of Illinois Urbana-Champaign. It will foster collaboration among quantum researchers, industry professionals, and state leaders to solve complex industrial challenges and accelerate quantum adoption. Click here for more information about this new initiative.
December 12, 2024
Quantum Computing Inc. Secures $50M for Photonics Chip Foundry and R&D Expansion
Quantum Computing Inc. (QCi), a company specializing in photonics and quantum optics technology, has raised $50 million through two concurrent offerings of common stock. The funds will support the company’s working capital needs, general corporate purposes, and the advancement of its quantum technologies, particularly the ongoing development of its thin-film lithium niobate (TFLN) Photonic Chip Foundry in Tempe, Arizona. This facility is on track to be operational in Q1 2025. Additional details about this fund raise can be seen in our full article here.
December 12, 2024
D-Wave Secures $175 Million in Equity Offerings to Strengthen Quantum Development
D-Wave Quantum Inc. has successfully raised $175 million in gross proceeds through two at-the-market (ATM) equity offering programs. The latest $75 million program, launched on December 9, 2024, was completed at an average share price of $4.8149 over three days. These funds strengthen D-Wave’s financial position, with the company projecting at least $160 million in cash by the end of Q4 2024. The capital will support D-Wave’s working capital, capital expenditures, and continued development of its quantum computing technologies. For more about D-Wave and this funding, click here.
December 11, 2024
Pasqal and Sungkyunkwan University’s Q Center Partner to Advance Quantum Computing Research
Pasqal, a leader in neutral-atom quantum computing, has entered into a Memorandum of Understanding (MoU) with Sungkyunkwan University’s Quantum Information Research Support Center (Q Center) in South Korea. This collaboration aims to foster quantum computing research, education, and application at both a national and global level. Read our full article here to understand what areas this partnership will focus on.
December 11, 2024
Arctic Instruments Secures €2.35M ($2.465 Million USD) to Advance Quantum-Ready Amplifiers for Scaling Up Qubit Technologies
Helsinki-based Arctic Instruments, a spinoff from Finland’s VTT Technical Research Centre, has raised €2.35 million ($2.465 million USD) in funding to advance its superconducting microwave amplifiers. These amplifiers are critical components for large-scale quantum computers, enabling precise qubit state measurement. The round was led by Lifeline Ventures, a Finnish venture capital firm recognized for backing early-stage category leaders. Read the remainder of our article here which mentions some of the advantages of the near-quantum-limited amplifiers supplied by Arctic Instruments.
December 11, 2024
Hamburg Consortium Unites Quantum AI and Big Data for Breakthroughs in Image Data Processing
A Hamburg-based consortium, including ParityQC, DESY, eleQtron, and the DLR Quantum Computing Initiative (DLR QCI), has launched the HQML project to pioneer quantum machine learning (QML) for large-scale image data processing. Funded by Hamburg’s Investment and Development Bank (IFB Hamburg), the project addresses the computational challenges posed by vast image datasets from experiments at CERN’s Large Hadron Collider (LHC). The consortium aims to leverage quantum computing’s speed and multi-state processing capabilities to analyze image data and identify patterns more efficiently than conventional AI techniques. Click here for more.
December 11, 2024
Quobly Partners with STMicroelectronics to Advance Scalable Quantum Processor Manufacturing
Quobly, a Grenoble-based quantum computing startup, has announced a strategic collaboration with STMicroelectronics to develop and scale quantum processor units (QPUs). The partnership leverages ST’s 28nm FD-SOI semiconductor manufacturing process, known for its cost efficiency and scalability. This collaboration is a significant step toward cost-competitive, large-scale quantum computing solutions. The company also announce work with CEA-Leti to develop FD-SOI based processing for devices that run at cryogenic temperatures including both the spin qubits and control electronics. Read the full article here.
December 11, 2024
Algorithmiq Joins QuEra Quantum Alliance to Advance Healthcare and Life Sciences Using Neutral-Atom Quantum Computers
Algorithmiq, a Helsinki-based quantum software company, has joined the QuEra Quantum Alliance to advance applications of neutral-atom quantum computers in healthcare and life sciences. This partnership focuses on accelerating drug discovery and treatment development by leveraging QuEra’s quantum computing technology alongside Algorithmiq’s algorithmic expertise. For more about how these companies will work together, click here.
December 11, 2024
Classiq, Deloitte Tohmatsu, and Mitsubishi Chemical Collaborate to Compress Quantum Circuits by Up to 97%
Classiq Technologies, Deloitte Tohmatsu, and Mitsubishi Chemical Corporation have achieved groundbreaking results in quantum algorithm efficiency, compressing quantum circuits by up to 97%. This collaboration, focused on developing advanced organic electroluminescent (EL) materials, highlights the potential of quantum computing in material science and beyond. See the rest of our article about this here.
December 10, 2024
Infleqtion Delivers First Quantum Materials Design Powered by Logical Qubits and NVIDIA CUDA-Q
Infleqtion has announced the first successful application of logical qubits in quantum materials science, achieving a sixfold boost in computational accuracy for materials design. Conducted with the University of Chicago and the University of Wisconsin, the experiment utilized Infleqtion’s neutral atom quantum system, Sqale, and NVIDIA’s CUDA-Q platform to explore efficient battery technologies and high-temperature superconductors. Click here for additional details about how this experiment was achieved.
December 10, 2024
Quantum Machines and Rigetti Automate Quantum Computer Calibration Using AI
Quantum Machines and Rigetti Computing successfully used AI-powered tools to automate the calibration of a 9-qubit Rigetti Novera™ quantum processor (QPU) integrated with Quantum Machines’ advanced control system, OPX1000. This milestone was achieved during the “AI for Quantum Calibration Challenge” at the Israeli Quantum Computing Center (IQCC), with contributions from Quantum Elements and Qruise. To see some of the benefits the companies accrued through the use of these AI-powered tools, read the rest of our article here.
December 9, 2024
NRFC Invests $13 Million AUD ($8.3M USD) in Quantum Brilliance to Build Australia’s First Quantum Diamond Foundry
The National Reconstruction Fund Corporation (NRFC) has announced a $13 million AUD ($8.3M USD) equity investment in Quantum Brilliance (QB), a leader in diamond quantum technology. This funding will establish Australia’s first quantum diamond foundry, advancing the design and fabrication of quantum diamond devices essential for quantum computing, sensing, and networking. Click here to see the key points of this initiative.
December 9, 2024
China Launches 504-Qubit Superconducting Quantum Computer, “Tianyan-504”
China has unveiled the “Tianyan-504,” a superconducting quantum computer featuring a 504-qubit “Xiaohong” chip. The system, developed collaboratively by the China Telecom Quantum Group (CTQG), the Chinese Academy of Sciences’ Center for Excellence in Quantum Information and Quantum Physics, and QuantumCTek Co., Ltd., represents a domestic milestone in quantum computing technology. View more here.
December 9, 2024
Google Unveils the 105 Qubit Willow Chip and Demonstrates New Levels of RCS Benchmark Performance and Quantum Error Correction Below the Threshold
Google Quantum AI has introduced Willow, a cutting-edge quantum chip that marks significant advancements in quantum computing. The 105-qubit chip achieves state-of-the-art superconducting qubit performance and the company has reported on two key demonstrations with this new chip. These include reaching a new level of performance in the Random Circuit Sampling (RCS) test they have used in the past as also a demonstration of quantum error correction demonstrating increasing fidelity levels as the logical qubit grid is increased in size. Read our full article here.
December 6, 2024
Oxford Ionics, Quanscient, and Airbus Partner to Advance Quantum-Driven Simulations for Computational Fluid Dynamics
Oxford Ionics, Quanscient, and Airbus have joined forces to explore the application of quantum computing to computational fluid dynamics (CFD). Supported by the UK’s National Quantum Computing Centre (NQCC) under its SparQ programme, this partnership aims to create a roadmap for utilizing quantum simulations to improve CFD efficiency in aerospace and other industries. CFD, vital for analyzing fluid mechanics in aircraft performance, relies on high-performance computing to model factors like lift, drag, and fuel efficiency. Quantum computing, with its ability to process complex computations faster and more accurately, offers the potential to revolutionize this field. The partnership will initially target quantum simulations for airfoil designs and vehicle aerodynamics, with Airbus providing end-user feedback. Read more bout this here.
December 6, 2024
CDP Venture Capital Invests in Multiverse Computing as Part of Series A Round to Help Boost Multiverse’s Commercial Presence in Italy
Multiverse Computing, a leader in quantum AI software, announced an investment from CDP Venture Capital, Italy’s largest venture capital investor, as part of the company’s Series A funding round. The investment, facilitated through the Corporate Partners I fund’s ServiceTech and Energytech divisions, will support Multiverse’s expansion in Italy, particularly by strengthening its presence in Milan, fostering new partnerships, and attracting local talent. The deal aligns with the mission of CDP Venture Capital to promote innovation and technological advancements in Italy. To learn how more on how Multiverse plans to use the funds and how it has been cultivating ties with Italy’s academic and research communities, view our article here.
December 6, 2024
U.S. Senators Introduce National Quantum Initiative Reauthorization Act to Secure Quantum Leadership with a $2.7 Billion Investment
U.S. Senators Maria Cantwell (D-Wash.), Todd Young (R-Ind.), Dick Durbin (D-Ill.), and Steve Daines (R-Mont.) introduced the National Quantum Initiative Reauthorization Act, which aims to secure $2.7 billion in federal funding over five years to accelerate quantum research and development across key federal agencies. The initiative will focus on advancing quantum sensing, computing, and communications, with the goal of enhancing national security, economic competitiveness, and addressing technological challenges in the quantum sector. Read our article here that describes some of the things in the bill and how it differs from the original 2018 National Quantum Initiative Act.
December 6, 2024
Quantum Dice Joins UK’s Digital Security by Design Program for Enhanced Cybersecurity Solutions
Quantum Dice, a spin-out from the University of Oxford, has been selected for the Digital Security by Design (DSbD) Technology Access Programme (TAP), a UK government-backed initiative aimed at enhancing cybersecurity resilience. The company, known for its pioneering quantum random number generator (QRNG) technology, will collaborate with six other companies to integrate its secure, verifiable quantum entropy into systems using the CHERI protection model developed by the University of Cambridge. This collaboration is part of the sixth cohort of the program, which focuses on cybersecurity technologies for critical infrastructure and IoT devices. Quantum Dice will demonstrate its patented DISC™ protocol, designed for continuous quantum assurance, to provide real-time entropy measurement and verification. Click here for more.
December 6, 2024
DARPA and RTX Develop Next-Generation Quantum Sensors Using Squeezed Light for Defense and Commercial Use
RTX BBN Technologies is collaborating with DARPA on a groundbreaking project to develop advanced quantum sensors with applications in both defense and commercial sectors. These sensors aim to exceed the performance limits of current technology, offering over ten times the precision of traditional sensors. The project, part of DARPA’s INSPIRED program, involves using squeezed light—an innovative quantum technology that reduces photon noise to achieve more accurate measurements. View the rest of our article here which describes the advantages of RTX’s squeezed light technology.
December 6, 2024
SDT Completes 20 Billion KRW ($14.11 Million USD) Pre-IPO Investment, Eyes Quantum Technology IPO in 2025
Korean quantum technology company SDT has successfully raised 20 billion won ($14.11 million USD) in a pre-IPO investment round, securing funds from a mix of investors, including DS Asset Management, IBK Investment & Securities, and others. This follows a previous investment of 10 billion won ($7.05 million USD) led by Shinhan Venture Investment in August 2024. With this latest funding, SDT is accelerating its preparations for the first domestic IPO in the quantum technology sector, targeted for the second half of 2025. For more about SDT and how they plan to use the funds, read our article here.
December 6, 2024
Entropica Labs and Xanadu Collaborate to Advance Fault-Tolerant Quantum Computing
Entropica Labs, based in Singapore, and Xanadu, a Canadian photonic quantum computing leader, have announced a partnership aimed at advancing fault-tolerant quantum computing (FTQC). The collaboration integrates Entropica’s EKA, a data structure for quantum error correction (QEC), with Xanadu’s open-source tools, PennyLane and Catalyst, to create a seamless error-corrected quantum programming workflow. Read our full article here.
December 6, 2024
DLR Quantum Computing Initiative Partners with IQM for Materials Science Simulation
The German Aerospace Center’s DLR Quantum Computing Initiative (DLR QCI) has selected IQM Quantum Computers to develop quantum embedding algorithms for materials science simulations. The project, part of DLR QCI’s QuantiCoM initiative, is scheduled for completion by 2026 and aims to expand quantum computing applications in solid-state physics and quantum chemistry. IQM will focus on embedding techniques, which simplify large material systems by creating smaller, effective models that retain the essential physics. Read more about this project in our article here.
December 6, 2024
Classiq and AQT Announce Partnership for Seamless Ion-Trap Quantum Integration
Classiq Technologies and Alpine Quantum Technologies (AQT) have announced a strategic partnership aimed at integrating Classiq’s advanced quantum algorithm design platform with AQT’s ion-trap quantum computing systems. This collaboration is set to provide enterprises and researchers with streamlined access to scalable, high-performance quantum computing solutions. For more about this new collaboration, read our full article here.
December 5, 2024
IonQ Launches Its First Quantum Computer at QuantumBasel in Europe with an Increased Algorithmic Qubit Level of #AQ36
IonQ has announced the launch of its first European quantum computer, Forte Enterprise, hosted at its new data center in Arlesheim, Switzerland, through a partnership with QuantumBasel. This marks IonQ’s first quantum system for commercial use outside the U.S., providing local access to its most advanced quantum capabilities for European enterprises, governments, and researchers. Forte Enterprise operates at an algorithmic qubit count of #AQ36, surpassing its previous target of #AQ35. Read the rest of our article on this here.
December 5, 2024
AWS and NVIDIA Enable New Quantum-Classical Workflows with CUDA-Q on Amazon Braket
AWS and NVIDIA are expanding their hybrid quantum computing capabilities by integrating NVIDIA’s open-source CUDA-Q platform into Amazon Braket. This collaboration allows researchers to develop and test hybrid quantum-classical workflows using NVIDIA’s GPU-accelerated simulators within Braket’s managed environment. To learn more on how this collaboration can use GPU and CUDA-Q to help speed up simulations of quantum circuits as well as other tasks, read the rest of our article here.
December 4, 2024
Alice & Bob Publishes Roadmap to Achieving 100 Logical Qubits with Cat Qubits by 2030
Alice & Bob, a quantum computing company specializing in “Cat qubits,” has published its first white paper outlining a five-year roadmap to deliver fault-tolerant quantum computing. The plan, targeting 100 high-fidelity logical qubits by 2030, builds on their proprietary cat qubit technology, designed to reduce quantum errors and improve scalability. Read our article that describes the stages of this five-part roadmap here.
December 3, 2024
QuEra’s Quantum Contributions Advance in Wellcome Leap’s Quantum for Bio Challenge
QuEra Computing announced that all three projects it supports have progressed to Phase Two of Wellcome Leap’s Quantum for Bio Challenge. This initiative funds multidisciplinary teams exploring quantum applications in healthcare and biology, with $40 million allocated for research and $10 million in prizes for successful proofs of concept. The projects aim to leverage quantum computing to address complex medical challenges and accelerate advancements in human health. Read more here.
December 3, 2024
Japan’s Jij Inc. and UK’s ORCA Computing Forge Strategic Quantum Computing Partnership
Jij Inc., a quantum optimization startup based in Tokyo, and ORCA Computing, a UK-based photonic quantum computing company, have formed a strategic partnership to foster advancements in quantum computing technology. This collaboration represents a significant milestone as the first major quantum-focused partnership between Japan and the UK, reflecting a broader commitment to international quantum innovation. The partnership focuses on integrating Jij’s optimization algorithms with ORCA’s photonic quantum systems, which excel in room-temperature operation without the need for specialized cooling. Targeted applications include logistics, energy grid optimization, and manufacturing processes. For additional background on this partnership, read the remainder of our article here.
December 3, 2024
UK Industry Leaders Collaborate on Quantum Solutions with Digital Catapult
Digital Catapult has launched a new cohort for its Quantum Technology Access Programme, designed to help industry leaders leverage quantum computing for solving complex challenges. Seven prominent companies, including end users BAE Systems and Vodafone, are participating in this initiative aimed at boosting innovation in key UK sectors such as telecommunications, defense, and transport. The program offers tailored consultancy and access to cutting-edge quantum systems, supporting applications like sustainability and efficiency improvements. Notable quantum partners include ORCA Computing, Riverlane, and PQShield. In its inaugural phase, the program reported a 26% increase in industry confidence about quantum technologies, attracting leading players like Rolls Royce and Airbus. Read the full article here to see some of examples of the use cases these companies are working on.
December 3, 2024
Chungbuk National University to Install First Quantum Computer from IQM in South Korea
Chungbuk National University (CBNU) will install its first full-stack quantum computer, the IQM Spark, on campus in early 2025. This marks the first commercial quantum computer procured through South Korea’s government system and IQM’s second deployment in the Asia-Pacific region. The 5-qubit system will support CBNU’s ChungBuk Quantum Research Center (CBQRC) in advancing quantum research, education, and workforce training. Click here for more.
December 3, 2024
E.ON and IBM Quantum: Energizing the Future with Quantum Computing
E.ON, one of Europe’s largest energy companies, is leveraging quantum computing to address the growing complexity of energy distribution in a renewable-focused world. Partnering with IBM, E.ON is developing quantum algorithms to optimize energy pricing and hedge against risks such as weather volatility, shifting consumption patterns, and supply dynamics. This initiative aligns with E.ON’s mission to maintain reliable and affordable energy supplies for its 47 million customers across 17 countries. To see how E.ON is looking for quantum computing to help them model energy risks and stay competitive, see the rest of our article here.
December 3, 2024
UTC Quantum Center Secures $3.5 Million NIST Grant to Advance Research and Education
The University of Tennessee at Chattanooga (UTC) has been awarded $3.5 million over four years by the National Institute of Standards and Technology (NIST) to fully establish its Quantum Center. This funding will support infrastructure, education, case-driven research, and business development to ensure long-term sustainability. Read our full article here to learn how UTC plans to make use of this funding.
December 3, 2024
Australian Government Invests $60M AUD ($39 Million USD) in Cutting-Edge Defence Technologies to Strengthen National Security
The Australian Government has committed over $60 million AUD (approximately $39 million USD) to support quantum and counter-disinformation technologies through 21 contracts under the Advanced Strategic Capabilities Accelerator’s (ASCA) Emerging and Disruptive Technologies (EDT) program. This initiative aligns with Australia’s National Defence Strategy and aims to provide the Defence Force with an asymmetric edge through advanced technological capabilities. Click here to see the names of some of the quantum organizations that receive an award.
December 3, 2024
Pasqal’s 100-Qubit Quantum Computer Delivered to Jülich for European HPC Integration
Pasqal has delivered a 100-qubit quantum computer to the Jülich Supercomputing Centre (JSC) in Germany, marking a major milestone in the EuroHPC JU project HPCQS. This quantum system, leveraging neutral atoms for its qubits, will integrate with JSC’s JURECA DC supercomputer, enabling hybrid classical-quantum computing. The project aims to address complex challenges across fields like drug design, material science, supply chain optimization, and artificial intelligence. For more about this neutral atom system, view the rest of our article here.
December 3, 2024
Equal1 Announces Advance in Silicon-Based Spin Qubit Quantum Chips
Equal1 has revealed significant advancements in silicon-powered quantum computing, demonstrating world-leading performance metrics for a silicon qubit array and the industry’s most complex quantum controller chip to date. These milestones mark a critical step toward scalable quantum systems, leveraging existing silicon infrastructure to achieve cost-effective and efficient quantum solutions. Key achievements include single-qubit gate fidelities of 99.4% with 84ns speed and two-qubit gate fidelities of 98.4% with 72ns speed, realized on a 6-qubit silicon-germanium CMOS-compatible chip. Read more here.
December 3, 2024
IonQ Launches Quantum OS and Hybrid Services Suite, Advancing Enterprise-Grade Quantum Computing Solutions
IonQ has launched its new enterprise-grade quantum operating system, IonQ Quantum OS, designed to drive improved performance for commercial applications. The revamped system, which powers the IonQ Forte and upcoming IonQ Forte Enterprise, reduces classical overhead by over 50% and cuts cloud and network overhead by 85%, significantly accelerating time-to-solution for quantum workloads. This system is also expected to improve error mitigation and compilation accuracy by up to 100x, making it a powerful tool for enterprises adopting quantum computing. Read more in our full article here.
December 2, 2024
Infleqtion Secures $11M DoD APFIT Funding to Accelerate Quantum Timing Solutions for Secure Communications, Navigation, and Defense Systems
Infleqtion has been awarded $11 million by the U.S. Department of Defense (DoD) under the Accelerate the Procurement and Fielding of Innovative Technologies (APFIT) program to advance its Rack Mounted Optical Clocks project, specifically the Tiqker system, a quantum timing solution designed to enhance secure communications, GPS-independent navigation, and precision-guided systems in contested environments. Click here for the rest of the article.
November 30, 2024
UK’s SparQ Program Supports 12 Quantum Computing Proof-of-Concept Projects
The UK’s National Quantum Computing Centre (NQCC), in collaboration with the Science and Technology Facilities Council (STFC), has funded 12 innovative quantum computing projects under the SparQ program’s 2024-2025 Proof of Concept call. These projects address real-world challenges in public, private, and charitable sectors, focusing on domains such as healthcare, renewable energy, aerospace, and financial services. Read the rest of our article here that provides additional information on the twelve projects selected.
November 29, 2024
Japan’s NEDO Launches Quantum Computing Contest with ¥200 Million ($1.32 Million) in Prizes to Solve Societal Issues
Japan’s New Energy and Industrial Technology Development Organization (NEDO) has announced a ¥200 million ($1.32 million) prize competition aimed at applying quantum computing to critical societal challenges. Set to begin in March 2025, the contest seeks innovative solutions from participants across disciplines, including those without prior quantum experience. The competition will focus on three specific issues affecting Japanese society, such as managing natural disasters or addressing the aging population. These challenges will be chosen through public suggestions. Teams or individuals will compete to devise quantum-based solutions, with each winning entry receiving ¥20 million ($133 thousand USD) or more. For more information about this competition, read the rest of our article about it here.
November 29, 2024
India Supports Eight Quantum Startups Under National Quantum Mission
India’s Union Minister Dr. Jitendra Singh has announced the selection of eight startups for support under the National Quantum Mission (NQM) and the National Mission on Interdisciplinary Cyber-Physical Systems (NM-ICPS). These startups represent diverse quantum technology domains and were chosen through a rigorous evaluation process aimed at fostering innovation and advancing India’s quantum ecosystem. Click here for the rest of the article which includes which Indian startups are receiving this support.
November 29, 2024
Telefonica Germany and AWS Partner to Explore Quantum Technologies for Mobile Networks and 6G Development
Telefonica Germany, in partnership with Amazon Web Services (AWS), is piloting quantum technologies to enhance its mobile network capabilities. This initiative aims to optimize mobile tower placement, implement quantum encryption for network security, and explore quantum-driven innovations for future 6G networks. The collaboration reflects a proactive approach to leveraging quantum technology prototypes in anticipation of their mainstream adoption. Read more here.
November 27, 2024
Taiwan Semiconductor Research Institute Acquires IQM Spark Quantum Computer to Accelerate R&D
The Taiwan Semiconductor Research Institute (TSRI) has announced its first procurement of a full-stack quantum computer, selecting the IQM Spark, a 5-qubit superconducting system. The installation, set for the second quarter of 2025, will bolster Taiwan’s quantum technology development by integrating IQM’s expertise in hardware and fostering research and educational opportunities. Read our full article on this here.
November 27, 2024
Who’s News: Management Updates at D-Wave, Horizon Quantum, PsiQuantum, and Entropica Labs
D-Wave has added a new member to their Board of Directors, Horizon Quantum has recruited a Vice President of Commercial Operations, PsiQuantum has appointed a new Senior Vice-President of Product Management, and Entropica has also added to its Board of Directors. Read our article with the details of these management changes here.
November 26, 2024
Alice & Bob Launch Industry-First Logical Qubit Emulator for Fault-Tolerant Quantum Development
Alice & Bob has introduced Felis 1.0, a groundbreaking logical qubit emulator designed to aid the transition from noisy intermediate-scale quantum (NISQ) devices to fault-tolerant quantum computing. Built on IBM’s Qiskit framework, Felis offers tools for developers to adapt algorithms for logical qubits and optimize them for fault-tolerant quantum computers, specifically leveraging Alice & Bob’s cat qubit architecture. Read about the key features of this new software in our article here.
November 26, 2024
Rigetti Completes $100M Equity Offering to Scale Superconducting Quantum Technology
Rigetti Computing has completed a $100 million equity offering through its “at-the-market” (ATM) program, which began in March 2024. The company intends to use these funds for working capital, capital expenditures, and advancing its superconducting quantum computing technologies. Key priorities include improving 2-qubit gate fidelity and scaling quantum systems to higher qubit counts. Clicks here for the rest of the article.
November 26, 2024
SemiQon Launches Cryo-Optimized CMOS Integrated Circuits for Quantum and HPC Applications
SemiQon, a Finnish quantum hardware innovator, has unveiled the first CMOS transistor fully optimized for cryogenic conditions. Designed for operation at temperatures of 1 Kelvin or below, these transistors significantly enhance the scalability and efficiency of quantum computing and other advanced computing applications. This technology will be used to provided cryo-CMOS integrated circuits for functions such as multiplexing and demultiplexing. Initially, they will use this technology to develop custom chips for select customers in the quantum computing realm. Later, the company plans on developing a line of standard chips that they can sell to customers including those companies working in areas besides quantum computing. Read more about this development in our article here.
November 22, 2024
Orange Quantum Systems Launches OrangeQS Max Automated System for Testing 100+ Qubit Quantum Chips
Orange Quantum Systems has launched the OrangeQS Max, the first test system designed to characterize quantum chips with over 100 qubits. This turnkey solution automates chip testing, streamlining the process for quantum chip manufacturers and reducing the time and resources required for R&D. The equipment has been developed in collaboration with IQM Quantum Computers, ensuring it meets industry standards and is optimized for commercial chip fabrication. View our article here which lists some of the key features in the OrangeQS MAX.
November 22, 2024
Quantinuum Nexus Publicly Launches as a Full-Stack Quantum Computing Platform
Quantinuum has officially launched Nexus, its all-in-one quantum computing platform designed for managing, storing, and executing quantum workflows. After a successful beta period that began in July 2024, Nexus now integrates seamlessly with Quantinuum’s quantum software and hardware, delivering an advanced environment for researchers, developers, and industries exploring quantum technologies. The platform allows users to seamlessly run, review, and collaborate on quantum computing projects. View our article here which describes some of the advanced features in this platform and some examples of how early beta participants were able to use it.
November 22, 2024
Quantinuum’s InQuanto v4.0: Accelerating Quantum Chemistry with NVIDIA cuQuantum
Quantinuum has announced InQuanto v4.0, the latest version of its quantum computational chemistry platform, introducing native GPU support through integration with NVIDIA’s cuQuantum SDK. This upgrade enhances the platform’s ability to simulate complex chemical systems by leveraging GPU-powered tensor network methods, paving the way for hybrid quantum-classical “supercomputing” in computational chemistry. For information about what is included in this new release, read our article here.
November 22, 2024
Turkey Launches First 5-Qubit Quantum Computer, Called QuanT, Marking National Technology Breakthrough for the Country
Turkey has launched its first quantum computer, QuanT, a 5-qubit system developed by TOBB University of Economics and Technology (TOBB ETÜ). Unveiled on November 21, 2024, at the TOBB ETÜ Technology Center, this historic event marks a significant advancement in the nation’s technological journey. QuanT is expected to enhance capabilities in fields such as cryptography, artificial intelligence, defense, and material science, contributing to Turkey’s competitive edge in quantum technologies. Click here for more.
November 22, 2024
Toshiba and RIKEN Achieve 99.90% Fidelity with Double-Transmon Coupler for Superconducting Quantum Computers
Toshiba‘s new breakthrough in quantum computing—its Double-Transmon Coupler—is expected to significantly enhance the performance of superconducting quantum computers. Collaborating with RIKEN, Toshiba’s team achieved a world-class fidelity of 99.90% for a two-qubit gate, which is crucial for quantum computation. This innovation addresses key challenges such as reducing residual coupling and improving coherence time in quantum systems. For additional information about this Double-Transmon coupler including some of the other performance metrics the circuit is achieving, see our full article here.
November 22, 2024
IBM and Pasqal to Advance Quantum-Centric Supercomputing with a Unified Framework
IBM and Pasqal have announced an enhanced collaboration to develop a unified programming model built on Qiskit, aiming to integrate quantum and classical computing resources for high-performance computing (HPC) workflows. The initiative will enable seamless interoperability between IBM’s quantum systems, Pasqal’s neutral-atom quantum processors, and classical hardware like CPUs and GPUs. The project seeks to accelerate hybrid computing by allowing users to select the most suitable hardware for specific computational tasks. As part of this effort, Qiskit is being updated to enable Qiskit SDK users to program Pasqal’s analog neutral-atom QPUs. For additional comments from both IBM and Pasqal about this collaboration, read the rest of our article about this here.
November 22, 2024
AWS Launches Quantum Embark Program to Guide Enterprises on Quantum Readiness
Amazon Web Services (AWS) has introduced the Quantum Embark Program, an advisory initiative designed to help organizations prepare for quantum computing. The program aims to provide customers with a structured, expert-led approach to explore quantum technologies, evaluate use cases, and make informed investment decisions without long-term commitments. For more about this program, read our full article here.
November 21, 2024
EuroQCS-France to Provide Early Access to Quandela’s Photonic Quantum Computer
At the SuperComputing 2024 and European Quantum Technologies Conference, EuroQCS-France, led by GENCI and CEA, announced that the European research community will gain remote access to a 6-qubit photonic quantum computer developed by Quandela. This early access precedes the deployment of Lucy, a 12-qubit universal digital photonic quantum computer, expected to go live in France by mid-2025. Click here for the rest of our article which contains more information about this.
November 21, 2024
Quantum Corridor Secures $10M to Expand Midwest Quantum Communications Network
Quantum Corridor Inc., a quantum-ready fiber-optic communications network connecting Chicago and Northwest Indiana, announced the close of a $10 million Series A funding round. Supported by eight family offices and tech investors, the raise brings the company’s total funding to $27 million since its founding in 2021. The funds will support the expansion of Quantum Corridor’s 14-mile network, currently linking Hammond, Indiana, and Chicago’s ORD10 Data Center, into a 263-mile quantum superhighway. For more about Quantum Corridor and their network, view the rest of our article here.
November 20, 2024
Anyon Technologies Partners with NVIDIA to Advance Hybrid Quantum-Classical Computing
Anyon Technologies has integrated its quantum computing systems with NVIDIA’s CUDA-Q platform, enabling hybrid quantum-classical workflows that merge quantum processing units (QPUs) with NVIDIA’s GPU infrastructure. Announced at SC24, this collaboration aims to enhance enterprise applications in artificial intelligence, finance, and chemical engineering by bridging current computational capabilities with the future of quantum technologies. Read more about this development here.
November 20, 2024
Alice & Bob Launch Dynamiqs: A GPU-Accelerated Library for High-Speed Quantum Simulations
Alice & Bob has introduced Dynamiqs, an open-source quantum simulation Python library that integrates NVIDIA-accelerated computing to achieve up to 60x faster performance in quantum simulations. Developed in collaboration with researchers from institutions including the University of Sherbrooke, Yale, INRIA, Ecole de Mines, and ENS, Dynamiqs addresses the computational challenges of simulating complex quantum systems, enabling breakthroughs in quantum research and development. To learn more about Dynamiqs, read our full article here.
November 20, 2024
Google Unveils AlphaQubit: AI-Driven Breakthrough in Quantum Error Correction
The Google DeepMind and Google Quantum AI teams have introduced AlphaQubit, an AI-based decoder that sets a new standard for accuracy in identifying quantum computing errors. This innovation addresses a critical challenge in quantum computing: enhancing reliability by accurately detecting and correcting errors caused by the inherent fragility of qubits. AlphaQubit leverages Transformer-based neural networks to decode errors in quantum circuits, achieving superior performance compared to existing methods. Click here to view the rest of the article which describes how AlphaQubit improved performance over other error decoding methods that Google tested.
November 20, 2024
NVIDIA’s CUDA-Q Platform Provides Support to Google Quantum AI for Simulation of Next-Generation Quantum Processors
At SC24, NVIDIA announced its collaboration with Google Quantum AI to advance the design of quantum processors through large-scale simulations on the NVIDIA CUDA-Q™ platform. Using NVIDIA Eos supercomputers powered by 1,024 H100 Tensor Core GPUs, Google Quantum AI is simulating quantum device physics to address hardware limitations caused by noise in quantum operations. These simulations focus on understanding how qubits interact with their environment, a complex process requiring significant computational resources. Read the remainder of our story here.
November 20, 2024
Fraunhofer IAF Acquires Europe’s First Room-Temperature Quantum Accelerator from Quantum Brilliance, Powered by NVIDIA CUDA-Q
Quantum Brilliance (QB) has sold its first room-temperature quantum accelerator in Europe to Fraunhofer Institute for Applied Solid State Physics IAF (Fraunhofer IAF). This 19-inch rack-mountable system, the Quantum Development Kit 2.0 (QB-QDK2.0), leverages diamond-based qubits, avoiding the need for expensive cooling systems. The purchase enhances Fraunhofer IAF’s quantum computing capabilities, furthering its research into nitrogen-vacancy center technologies and hybrid quantum-classical algorithms. Fraunhofer IAF will integrate the system with QB’s Qristal SDK and Emulator, which simulate quantum computing back-ends using NVIDIA’s CUDA-Q platform. For more about how Fraunhofer plans on integrating and utilizing the Quantum Brilliance accelerator, read our full article here.
November 20, 2024
IonQ Demonstrates Hybrid Quantum Workflow with NVIDIA’s CUDA-Q
IonQ announced an industry-first demonstration integrating its quantum computing hardware with NVIDIA’s CUDA-Q platform. Presented at SC24, the workflow focuses on molecular electronic structure calculations, with potential applications in drug discovery and chemistry. This achievement reinforces IonQ’s vision of combining quantum and classical computing for seamless hybrid deployments. Click here for more.
November 20, 2024
Oak Ridge National Laboratory Integrates IQM Resonance Quantum Cloud Service into Its Quantum Computing User Program
Oak Ridge National Laboratory (ORNL) has added IQM Quantum Computers’ cloud service, IQM Resonance, to its Quantum Computing User Program (QCUP), enabling global access to advanced quantum processing units (QPUs). Researchers and developers worldwide can now utilize IQM’s Crystal and Star topologies for cutting-edge computational applications. For more details about the Crystal and Star topologies and to view some of the benefits the parties will receive from this work, click here to view the rest of our article.
November 19, 2024
Quantum Rings Unveils High-Fidelity Quantum Circuit Simulation SDK for Large-Scale Applications on Standard Hardware
Quantum Rings has achieved a breakthrough in simulating large-scale quantum circuits, including those from Google’s quantum supremacy experiments, using standard computing hardware. Their Quantum Rings SDK enables accurate simulation of 53-qubit circuits with just 32GB of memory, achieving a high linear cross-entropy benchmarking (XEB) score of 0.622. This surpasses the fidelity of many current quantum systems, providing a robust tool for researchers and enterprises to explore quantum algorithms today. For more about Quantum Rings high performance SDK, view the rest of our article about it here.
November 19, 2024
QuEra Introduces Full-Stack Quantum Algorithm Co-Design Program for Tailored Solutions
QuEra Computing has launched a full-stack quantum algorithm co-design program aimed at optimizing quantum computing resources through tight collaboration with enterprises and research institutions. The initiative integrates hardware, software, and applications to maximize the potential of QuEra’s neutral-atom quantum technology. Participants will work closely with QuEra’s teams to co-develop tailored quantum solutions, leveraging advanced features such as dynamic reconfiguration, multi-qubit operations, and high-precision qubit control. The program follows a structured four-phase approach: enterprise needs assessment, customized hardware and algorithm design, simulation refinement, and priority access to QuEra’s cutting-edge systems. View the rest of our article about this new program here.
November 19, 2024
Infineon and Quantinuum Partner to Develop Next Generation Ion-Trap Chips
Infineon Technologies and Quantinuum have announced a strategic partnership to develop next-generation ion trap chips for quantum processing units (QPUs), aimed at scaling quantum computing capabilities to address real-world applications. The collaboration integrates Infineon’s expertise in semiconductor fabrication and integrated photonics with Quantinuum’s leadership in ion-trap quantum computer design and operation. Click here to see the rest of our article which describes some of the benefits that this relationship will bring.
November 19, 2024 – News Brief
QNu Inc. Joins the Chicago Quantum Exchange
QNu Inc., a quantum security company specializing in quantum-resistant cryptography, has joined the Chicago Quantum Exchange (CQE) as a corporate partner. The collaboration will focus on advancing quantum-safe technologies, including post-quantum cryptography (PQC), quantum random number generators (QRNG), and quantum key distribution (QKD). QNu aims to leverage CQE’s research expertise and talent to strengthen its position in the U.S. quantum ecosystem. “This partnership presents a unique opportunity to jointly advance our mission of developing quantum-safe technologies,” said Rajesh Patil, CTO of QNu. The CQE is a leading quantum research hub, uniting academic, governmental, and corporate partners to accelerate quantum technology development. Click here for the news release posted on the CQE website.
November 19, 2024
Equal1 Achieves Quantum Computing Breakthrough with Cryogenic Arm Cortex Integration
Ireland-based quantum startup Equal1 has successfully integrated an Arm Cortex processor operating at 3.3 Kelvin (-269.85°C), marking a significant milestone in its mission to develop practical, scalable quantum computing systems. This advancement aligns classical computing with quantum environments, addressing power constraints and thermal noise challenges inherent in cryogenic quantum systems. Click here for more about how they were able to accomplish this and their future plans for the next generation of QSoC (Quantum System-on-Chip).
November 19, 2024
Quantum Circuits Launches Aqumen Seeker Quantum Processing Unit, Advancing Path to Fault-Tolerant Quantum Computing
Quantum Circuits, Inc. (QCI) has introduced its latest hardware innovation, the Aqumen Seeker, an 8-qubit quantum processor featuring error-detecting dual-rail qubits. This release marks a significant step in QCI’s strategy to achieve fault-tolerant quantum computing, complementing its full-stack quantum computing system of hardware, cloud services, software development kits, and simulators. QCI’s unique dual-rail cavity qubits integrate quantum error detection (QED), error detection handling (EDH), and real-time control flow (RTCF). These features enhance system performance, enabling efficient and reliable quantum operations without relying on brute-force scaling techniques. For more about approach for further developing their technology, read the rest of our article about this here.
November 19, 2024
Microsoft and Atom Computing Are Taking Orders for a Fault Tolerant Quantum Computer with 1K (Physical) / 50 (Logical) Qubits for Delivery Next Year
Lightsynq Technologies Inc., a quantum interconnect startup, has emerged from stealth with $18 million in Series A funding to scale quantum computing through advanced optical interconnect solutions. The funding round was led by Cerberus Ventures, with participation from In-Q-Tel (IQT), Element Six, Murata Electronics North America, IAG Capital Partners, Safar Partners, and QVT. Read the rest of our article here to learn more about Lightsynq and how they are working with Element Six.
November 19, 2024
Microsoft and Atom Computing Are Taking Orders for a Fault Tolerant Quantum Computer with 1K (Physical) / 50 (Logical) Qubits for Delivery Next Year
At this week’s Microsoft Ignite 2024 conference, the company has provide more information about the 1000+ physical / 50 logical qubit neutral atom based quantum computer that Microsoft had mentioned last September at the Quantum World Congress. The companies are finalizing the design and are starting to take orders now for delivery in late 2025. They also announced technical achievements with Atom demonstrating a 99.6% two-qubit gate fidelity, the highest of any neutral atom processor that we know about and achievement of the largest GHZ state of 24 entangled logical qubits and a calculation using 28 logical qubits. Read our full article here.
November 18, 2024
Mitsui, Quantinuum, and NEC Complete World’s First Trial of Quantum Tokens for Financial Security
Mitsui & Co., Quantinuum, and NEC have completed the world’s first successful trial of quantum tokens, tested over a 10-kilometer fiber-optic network in Tokyo. This collaboration leveraged NEC’s quantum key distribution (QKD) technology to create and transfer unforgeable tokens, which could hold significant potential for sectors requiring high transaction security, such as finance and commodity trading. Quantum tokens, based on the no-cloning theorem of quantum physics, are designed to prevent forgery, ensuring that each token can only be accessed by the intended recipient. Read the remainder of our article here which describes the advantages of this approach and plans to further develop this technology for commercial applications.
November 18, 2024
Algorithmiq Partners with NVIDIA to Accelerate the Performance of Algorithmiq’s Tensor Network Error Mitigation Solution
Helsinki-based quantum software firm Algorithmiq has announced a collaboration with NVIDIA to develop accelerated error mitigation techniques for near-term quantum devices. Tests of NVIDIA-accelerated platforms have achieved a 300x performance boost for Algorithmiq’s Tensor Network Error Mitigation (TEM) solution. The TEM solution provides error mitigation for hybrid classical/quantum systems entirely at the classical post-processing stage. Read our full article here.
November 16, 2024
D-Wave Releases Its Q3 2024 Financial Report
D-Wave has reported on its Q3 2024 financial results and progress in its technical, product, customer, an partnership activities. Read our article covering it here.
November 16, 2024
Rigetti Computing Reports on Its Q3 2024 Financial Results
Rigetti Computing has released a report on its Q3 2024 financial results along with an update on their technical and commercial progress. Read our summary of their results here.
November 16, 2024
Atlantic Quantum and MIT Secure $1.8 Million AFWERX Grant to Advance Superconducting Quantum Processors for the U.S. Air Force
Atlantic Quantum, in partnership with MIT’s Quantum Coherent Electronics group, has secured a $1.8 million Phase II STTR grant from AFWERX. The funding supports the development of scalable superconducting quantum computers tailored to meet the national defense requirements of the U.S. Department of the Air Force (DAF). MIT’s Quantum Coherent Electronics group, led by Associate Professor Kevin P. O’Brien, will collaborate closely with Atlantic Quantum on component innovations, specifically in quantum-limited amplifiers. This work will contribute to enhancing quantum processor readout, an essential aspect of building robust and reliable fault-tolerant quantum systems for defense applications. For additional information about this grant, read the full story here.
November 16, 2024
Quandela, CNRS, Université Paris-Saclay, and Université Paris Cité Launch Quantum Photonics Lab
Quandela, CNRS, Université Paris-Saclay, and Université Paris Cité inaugurated the QDlight research laboratory at the Centre for Nanoscience and Nanotechnology. The lab will focus on quantum photonics, advancing the control of light in the quantum regime for applications in quantum computing and secure communications. The six-year collaboration aims to strengthen French expertise and sovereignty in photonic quantum computing. For more about the goals of this new lab, read the rest of the story here.
November 16, 2024
IBM Continues Its Progress Towards Creating Useful Quantum Computing Systems
IBM held its Quantum Developers Conference at its research headquarters in Yorktown Heights, New York this week and provided a progress report on their development activities and updates to its roadmap. At a high level, there have two themes in their development efforts. These are that Quantum must be performant and also that Quantum must be easy-to-use. The company advanced towards these goals through a combination of hardware improvements, software improvement, new tools, and collaboration with partners. Read our full article here that covers what IBM is doing to make advances in both of these two areas.
November 14, 2024
SDT Inc. and MIMOS Launch Malaysia’s First Quantum Computing Centre
South Korea’s SDT Inc. has partnered with MIMOS Technology Solutions, a subsidiary of Malaysia’s national R&D agency, MIMOS, to open Malaysia’s first Quantum Computing Centre. With SDT’s experience in quantum communication and ultra-precision electronics, the center aims to introduce secure, high-performance quantum computing solutions to Malaysia’s critical sectors. The collaboration engages key Malaysian government agencies, including the National Cyber Security Agency (NACSA), Malaysian Quantum Initiative (MyQI), the Ministry of Science, Technology and Innovation (MOSTI), and the Ministry of Defence (MOD). Click here for the rest of the article.
November 14, 2024
QSolid and Jülich Research Center Launch Germany’s First 10-Qubit Superconducting Quantum Prototype
Germany’s QSolid project is led by the Jülich Research Center and includes 25 German institutions. It is funded by the Federal Ministry of Education and Research (BMBF), which has provided 90% of the funding to launch Germany’s first superconducting quantum computer prototype. This initial 10-qubit system aims to facilitate complex calculations for applications in science and industry. The project, with a budget of €76.3 million ($83 million USD), unites 25 institutions across Germany and aligns with the national goal of advancing technological sovereignty in quantum research. Click here for our full article which describes some of the future plans for this project.
November 14, 2024
Quantinuum Launches Quantum Error Correction Decoder Toolkit for Real-Time Fault-Tolerant Quantum Computing
Quantinuum has announced the release of its Quantum Error Correction (QEC) decoder toolkit, a powerful new tool enabling real-time decoding and correction of error syndromes, marking a crucial advancement towards universal fault-tolerant quantum computing. This toolkit is designed to allow users to manage quantum error correction (QEC) workflows directly, providing an essential component for stable and reliable quantum computing. For more about Quantinuum’s QEC Decoder Toolkit, read our full article here.
November 13, 2024
planqc to Build 1,000-Qubit Neutral-Atom Quantum Computer in €20 Million ($21.15 Million USD) Government-Funded Project at Leibniz Supercomputing Centre
planqc has been selected to lead a €20 million ($21.15 million USD) project to build a 1,000-qubit neutral-atom quantum computer at the Leibniz Supercomputing Centre (LRZ) near Munich. Funded by Germany’s Federal Ministry of Education and Research, the project, named “Multicore Atomic Quantum Computing System” (MAQCS), aims to integrate a quantum system into LRZ’s HPC infrastructure, accelerating research and industrial applications. Development is supported by the Max-Planck-Institute of Quantum Optics. For more about this project, read the rest of our article about it here.
November 13, 2024
IQM Quantum Computers Outlines Roadmap to FTQC with 40K Physical Qubits by 2030 and Scaling to 1 Million a Few Years Later
IQM Quantum Computers has unveiled its development roadmap with an ambitious goal to achieve Fault Tolerant Quantum Computing (FTQC) by 2030, alongside scalable quantum processing capabilities reaching up to 1 million qubits. The roadmap emphasizes the integration of IQM’s proprietary Star and Crystal processor topologies, designed to enhance error correction through efficient hardware, and an open modular software stack for seamless integration with high-performance computing (HPC). For more about this roadmap, read the remainder of our article here.
November 13, 2024
Multiverse Computing Launches Quantum Machine Learning Tool in IBM’s Qiskit Functions Catalog
Multiverse Computing has announced the integration of its Singularity Machine Learning Classification tool within IBM’s Qiskit Functions Catalog. As one of the first third-party tools in Qiskit, Singularity ML leverages quantum machine learning (QML) for supervised learning tasks, targeting developers, researchers, and data scientists in IBM’s global Quantum Network. This integration is expected to simplify the creation of custom machine learning models by enabling users to develop quantum-based solutions without overhauling existing processes. See the rest of our article on this here.
November 12, 2024
Quantum Algorithms Institute Partners with AbaQus and InvestDEFY to Enhance Financial Forecasting with Quantum Computing
The Quantum Algorithms Institute (QAI) has partnered with AbaQus and InvestDEFY to enhance financial forecasting models using D-Wave’s quantum annealing systems. This collaboration is focused on optimizing feature selection in machine learning for financial applications, addressing key challenges like data non-stationarity and model overfitting. By refining the selection of critical data points, QAI and its partners aim to streamline predictive model training and boost the efficiency and accuracy of financial forecasting. See the rest of our article on this here.
November 12, 2024
Hamad Bin Khalifa University Partners with Quantinuum to Boost Quantum Computing Research in Qatar
Hamad Bin Khalifa University (HBKU) and Quantinuum have entered a partnership to advance quantum computing research in Qatar. The collaboration enables HBKU’s Qatar Center for Quantum Computing (QC2) to access Quantinuum’s quantum computing systems via cloud-based services. QC2 will leverage this resource to explore quantum applications in quantum chemistry, artificial intelligence, and cybersecurity, emphasizing challenges specific to both local and global contexts. Click here to see how this partnership will help advance the goals of both HBKU and Quantinuum to broaden access to Quantinuum’s quantum technology.
November 12, 2024
Singtel Expands Quantum-Safe Network with Palo Alto Networks and Fortinet Integration
Singtel has announced enhancements to its Quantum-Safe Network (QSN), integrating quantum-safe encryption solutions from Palo Alto Networks and Fortinet. These additions aim to bolster enterprise defenses against quantum-based cyber threats by incorporating post-quantum cryptography (PQC) and Quantum Key Distribution (QKD) technologies. Palo Alto Networks will deploy its quantum-resistant VPN for secure data transmission, while Fortinet will support QSN with PQC software and hardware encryptors, strengthening cybersecurity across various enterprise applications. Click here for the remainder of our article which describes how this partnership aligns with other recent partnerships that Singtel has formed.
November 12, 2024
SemiQon and SDT Partner to Scale Quantum Computing with Silicon-Based QPUs
SemiQon, based in Finland, and Korean company SDT have signed a Memorandum of Understanding to collaborate on scalable quantum computing solutions. This partnership, formalized at SemiQon’s Espoo, Finland headquarters, will see SDT integrate SemiQon’s silicon-based quantum processing units (QPUs) into its quantum measurement systems. The initiative aims to enhance the stability, scalability, and production efficiency of quantum computing systems, aligning with both companies’ vision to expand global quantum computing capabilities. Click here for more.
November 11, 2024
RIKEN, NTT, and Fixstars Launch World’s First General-Purpose Optical Quantum Computing Platform
A research collaboration between RIKEN Quantum Computing Center, Nippon Telegraph and Telephone Corporation (NTT), and Fixstars Amplify Inc. has developed the first general-purpose optical quantum computing platform. The system is an analog-based, measurement-induced quantum computer designed to perform continuous-variable quantum operations efficiently and at scale, which makes it a unique tool in advancing quantum computing applications across various sectors. Access to the platform is currently available via a cloud system. For more about how this platform works, see the rest of our article about this here.
November 8, 2024
IonQ and NKT Photonics Collaborate on Laser Prototypes for Data Center Quantum Systems
IonQ has announced a partnership with NKT Photonics, a subsidiary of Hamamatsu Photonics, to provide advanced laser systems for its next-generation, data center-ready quantum computers. Under the agreement, NKT Photonics will deliver three prototype optical subsystems in 2025, designed specifically to support IonQ’s barium-based trapped-ion quantum computing systems. This collaboration aims to enhance the performance, scalability, and integration of IonQ’s systems for commercial applications, while also supporting IonQ’s long-term focus on developing enterprise-grade quantum solutions. Click here for the rest of the article which describes how this collaboration will help IonQ further its goals of achieving improvements in the size, weight, power, and performance (SWAP) of its systems.
November 8, 2024
IonQ Partners with imec to Advance Quantum Computing with Photonic Integrated Circuits and Chip-Scale Ion Traps
IonQ has announced a collaboration with imec to develop photonic integrated circuits (PICs) and chip-scale ion traps for enhancing the performance and scalability of trapped ion quantum computing systems. This partnership leverages imec’s expertise in photonic device integration to miniaturize key components traditionally implemented with bulk optics. By embedding these optics into chip-scale devices, IonQ aims to reduce hardware size, cost, and improve system robustness and qubit count. For more about the collaboration between these two partnering companies, click here.
November 8, 2024
Nu Quantum Joins CERN’s White Rabbit Collaboration to Enable Quantum Networking with Precise Timing
Nu Quantum has partnered with CERN to use White Rabbit (WR) technology, a precision timing system initially developed to synchronize particle accelerators. WR provides sub-nanosecond synchronization, a critical requirement for enabling entanglement in large-scale quantum networks. This collaboration makes Nu Quantum the first quantum-focused company to join CERN’s White Rabbit Collaboration, aimed at promoting industry adoption of WR technology. Read the remainder of our article about this here.
November 6, 2024
IonQ Announces Third Quarter Financial Results
IonQ has released its third quarter financial results showing continued growth. They also provided an update on recent technical developments and commercial activities. Read our full report here.
November 6, 2024
IonQ to Acquire the Assets of Qubitekk for $22 Million to Strengthen Its Position in Quantum Networking Technology
IonQ will acquire the assets of Qubitekk in an all-cash deal for $22 million and members of the Qubitekk team will be joining the company. IonQ has been investing in quantum networking technology in recent years with an acquisition of the assets of Entangled Networks in 2023 and a $54.4 million contract with the Air Force Research Laboratory (AFRL) for researching quantum networking. Read the rest of our article here that describes why such acquiring this type of technology is so important for IonQ.
November 6, 2024
IonQ and Ansys Partner to Integrate Quantum Computing for Accelerating CAE Simulations and Also to Use Ansys Tools for Designing Ion’s Quantum Processors
IonQ and Ansys have initiated a partnership aimed at integrating quantum computing into the computer-aided engineering (CAE) market, a sector valued at approximately $10 billion. This collaboration will leverage IonQ’s quantum computers to enhance Ansys’ simulation capabilities, enabling more complex design and development processes in industries that rely on advanced modeling, such as aerospace and automotive. IonQ also plans to incorporate Ansys’ multiphysics simulation tools to optimize and design its next-generation quantum computing systems, focusing on scalability and performance. Read more here.
November 6, 2024
D-Wave Completes Calibration of New 4,400+ Qubit Advantage2 Processor
D-Wave Quantum Inc. has achieved a critical advancement with the calibration of its latest 4,400+ qubit Advantage2™ processor. Earlier this year, the company had put online for customer use a smaller 1200 version of the Advantage2 system and they have an ultimate goal of providing a 7000 qubit Advantage2 in the future. This marks a significant upgrade in its annealing quantum computing capabilities, delivering enhanced performance for complex problem-solving applications. Compared to D-Wave’s existing Advantage system, the Advantage2 processor exhibits twice the coherence time, a 40% increase in energy scale, and expanded 20-way qubit connectivity, all of which support faster solutions and broader computational capabilities. For more about D-Wave’s progress with the Advantage2 processor, read the rest of our article here.
November 5, 2024
BTQ Technologies and Macquarie University Partner to Drive Quantum Computing and Secure Communications
BTQ Technologies Corp., a quantum technology company focusing on secure networks, has announced a new research collaboration with Macquarie University aimed at advancing quantum algorithms and secure communications. This collaboration builds on their previous joint Quantum Proof-of-Work (QPoW) project from 2022, which innovatively applied quantum computing to reduce the energy consumption of blockchain technologies. Click here for more.
November 5, 2024
UK Government Opens £9.5 Million ($12.35 Million USD) Quantum Funding Competition for Quantum Computing and Quantum Networking Projects
Innovate UK, a division of UK Research and Innovation, has launched a funding competition with up to £9.5 million ($12.35 million USD) available for Quantum Computing (QC) and Quantum Networks (QN) projects. This initiative aims to propel QC and QN technologies by overcoming key technological challenges that limit their commercial use, in line with the UK National Quantum Strategy’s objectives. Additional information about this competition and a link to the web page that provides the full eligibility criteria and application guidelines, click here to see our full article.
November 5, 2024
Quanscient Secures €5.2M ($5.68 Million USD) to Pioneer Quantum-Enabled Engineering Simulations
Quanscient, a Finnish company specializing in multiphysics simulations, has raised €5.2 million ($5.68 million USD) in a funding round led by Crowberry Capital with additional investments from Speen Holding, Maki.vc, and First Fellow. Known for its pioneering quantum algorithms, Quanscient is the first company to perform Computational Fluid Dynamics (CFD) simulations on quantum hardware. This financing will support Quanscient’s mission to incorporate quantum computing into engineering simulations, enabling faster and more efficient product development across industries such as fusion energy, semiconductors, and biomedical devices. For more about Quanscient and their plans for utilizing this funding, read the rest of our article here.
November 4, 2024
Aqarios Launches Luna Platform for Quantum Computing Applications
Aqarios has launched its quantum computing platform, Luna, designed to simplify access to quantum applications for businesses and researchers without requiring deep quantum expertise. The platform features a user-friendly interface and over 40 pre-built optimization scenarios, enabling users to address complex challenges such as supply chain optimization and energy management more effectively than classical methods. Click here for the rest of the article.
November 4, 2024
QunaSys Secures JPY 1.7 Billion ($11.2 million USD ) in Series B2 Funding and JPY 500 Million ($3.3 million USD) Commitment Line
QunaSys, a Tokyo-based quantum computing software and algorithms developer, has successfully raised JPY 1.7 billion ($11.2 million USD ) in its Series B2 funding round, led by the Mirai Creation Fund III managed by SPARX Asset Management. The funding round also saw participation from other notable investors including JIC Venture Growth Investments, Fujitsu Ventures, and Mitsubishi Electric. In addition to the funding, QunaSys has secured a JPY 500 million ($3.3 million USD) commitment line with Sumitomo Mitsui Banking Corporation, further enhancing its financial backing for future growth. For more about QunaSys and how they plan on using this new funding, read our full article here.
November 3, 2024
Rigetti and Riverlane Achieve Real-Time Quantum Error Correction on 84-Qubit System, Advancing Fault-Tolerant Computing
Rigetti and Riverlane have demonstrated real-time, low-latency quantum error correction on Rigetti’s 84-qubit Ankaa™-2 quantum processing unit (QPU), a critical advancement towards fault-tolerant quantum computing. By embedding Riverlane’s quantum error decoder directly into Rigetti’s control system, the demonstration achieved error correction with processing times under one microsecond—crucial for avoiding the data backlog often encountered in quantum error correction. Read the rest of our article about this here.
November 2, 2024 – News Brief
Equal1 and TNO Will Collaborate for TNO’s Fabrication of Equal1’s Spin Qubit Devices
TNO has great experience in nanofabrication and advanced materials engineering. Equal1 has its hybrid UnityQ architecture and a vision to create single chip systems with millions of qubits on the chip. This partnership will leverage TNO’s advanced fabrication facilities to fabricate Equal’s spin qubit chips. A press release announcing this partnership is available on the Equal1 website here.
November 2, 2024
Who’s News: Management Updates at Oxford Ionics, Nu Quantum, D-Wave, and Equal1
Oxord Ionics has recruited a new VP of Engineering, Nu Quantum has added to its Board of Advisors, D-Wave has appointed two new individuals to its Board of Directors, and Equal1 has expanded its senior technical team with new senior technologists. Click here for our full article with the details about these changes.
November 2, 2024 – News Brief
KPMG LLP has Joined the Chicago Quantum Exchange to Help Accelerate Its Quantum Computing Practice
KPMG LLP has partnered with the Chicago Quantum Exchange (CQE) to advance quantum technology for enterprise use. This collaboration aims to help KPMG’s clients leverage quantum technology for improved processes and future-proofing. KPMG will support the development of relationships and training within the CQE community, focusing on practical applications in various industries. The partnership emphasizes the potential of quantum technology to solve business challenges and positions Chicago as a key hub for quantum innovation. An announcement about KPMG joining as a new member of the CQE has been posted here.
November 1, 2024
Quantum Motion and Goldman Sachs Collaborate on Quantum Algorithms for Financial Applications
Quantum Motion, a UK-based quantum computing company, and Goldman Sachs have developed a quantum algorithm aimed at improving options pricing for financial services. This algorithm, which handles complex, multi-qubit operations essential for such calculations, is designed to enhance both speed and accuracy. The research titled “Low Depth Phase Oracle Using a Parallel Piecewise Circuit”, now published on the arXiv, evaluates how quantum algorithms could streamline options pricing by processing extensive market data and rapidly simulating numerous scenarios. For more about this new algorithm, click here for the rest of the article.
October 29, 2024
ORCA Computing Launches PT-2 Photonic Quantum System with AI Capabilities
ORCA Computing has introduced the PT-2, the latest model in its photonic quantum computing series, aimed at advancing quantum-enhanced generative AI capabilities. Building on the PT-1, the PT-2 is designed for seamless integration with high-performance computing (HPC) infrastructure, enabling quantum-enhanced machine learning on platforms like NVIDIA CUDA-Q. For more about the PT-2, click here for the rest of the article.
October 28, 2024
TELUS and Photonic Collaborate to Advance Quantum Communications in Canada
TELUS has partnered with Photonic Inc., a British Columbia-based company, to develop next-generation quantum communications. This collaboration provides Photonic with dedicated access to a 30-kilometre fibre-optic network in British Columbia, enabling the testing of quantum technologies aimed at enhancing secure communication for industries such as finance, security, and logistics. For more information about this collaboration, read our full article here.
October 28, 2024
QED-C Report Highlights Quantum Sensors’ Potential to Enhance GPS and PNT Capabilities Across Critical Sectors
The Quantum Economic Development Consortium (QED-C) has released a report detailing how quantum sensors can significantly improve Position, Navigation, and Timing (PNT) technologies, which are essential for applications in defense, transportation, energy, finance, and healthcare. These sensors—such as quantum clocks, magnetometers, gravimeters, and inertial sensors—offer levels of precision that surpass traditional methods, addressing challenges like GPS disruptions caused by natural events or jamming attacks. Click here for more.
October 26, 2024 – News Brief
Development Bank of Japan Invests $3.5 Million in Quantum Hardware Startup Qolab
Qolab is a quantum computing hardware startup founded by Google Quantum AI alumni Alan Ho and John Martinis, along with Professor Robert McDermott of the University of Wisconsin – Madison. They are pursuing a superconducting based quantum processor that will use a proprietary fabrication processes for building high quality qubits. They are working with Applied Materials to help develop the necessary fabrication process. Nikkei Asia has reported that the Development Bank of Japan has made a venture investment in Qolab for $3.5 million. This would represent the first venture investment they have made in a quantum computing startup based in the U.S. Additional information is available in an article posted on the Nikkei Asia website here.
October 25, 2024
QuEra Computing and AIST Sign MOU for QuEra to Manage the Cloud Service for the Quantum Computer Being Installed Alongside AIST’s ABCI-Q Supercomputer
QuEra Computing, a leading company in neutral-atom quantum computing, announced the signing of a Memorandum of Understanding (MOU) with Japan’s National Institute of Advanced Industrial Science and Technology (AIST). This agreement, dated September 6, builds upon an earlier contract from April 2024, under which QuEra will deliver a state-of-the-art 256 qubit digital quantum computer to be installed alongside AIST’s ABCI-Q supercomputer in Japan. The MOU calls for QuEra to manage the cloud service for this machine so that AIST, AIST collaborators, and other customers around the world can access the machine. Click here for more.
October 25, 2024
UK Launches National Quantum Computing Centre, Transforming Access to Revolutionary Technologies in AI, Energy, Healthcare, and Beyond
The UK has officially opened the National Quantum Computing Centre (NQCC) at the Harwell Campus, a cutting-edge facility that will house 12 quantum computers, each designed to push the boundaries of quantum technology. Unveiled by Science Minister Lord Vallance on October 25, 2024, the NQCC aims to foster collaboration among businesses, academia, and government, unlocking the full potential of quantum computing. This state-of-the-art, 4,000 square meter facility will provide open access to a diverse range of quantum computing platforms, enabling researchers and industry professionals to harness the transformative power of quantum technology. For more about the NQCC and the plans of how it will be used, click here for our full article.
October 25, 2024
The State of Massachusetts is Launching a New Quantum Computing Complex with $16 Million in Funding
A Quantum Computing Complex located at the Massachusetts Green High Performance Computing Center (MGHPCC) in Holyoke, Massachusetts will be created with $5 million in funding from the Massachusetts state government and an additional $11 million in funding from QuEra. The project is a two-year, $16 million initiative aimed at deploying a state-of-the-art neutral atom quantum computer at the complex. The complex will serve as a hub for quantum research and innovation, enabling open-access research, hands-on training, and career development opportunities across the state, especially in sectors such as biomedical research and financial services. Click here for the rest of the story.
October 24, 2024
NIST Has Down Selected 14 Algorithms that Will Proceed to Round 2 of the Additional PQC Digital Signature Selection Project
As we mentioned in our article last August when NIST announced its first set of Post Quantum Cryptography Algorithms (PQC) for standardization, they wanted to see additional diversity in algorithms for the digital signatures beyond the three that were initially selected. In particular, they wanted to have additional algorithms available that were not based upon a structured lattice approach to provide alternatives in case weaknesses showed up. So, in September 2022 they called for proposals for a new series to evaluate additional PQC digital signatures and received 40 valid proposals by the submission deadline last June. NIST has now whittled down this list to 14 algorithms for further study. For more about which 14 algorithms were selected what the next steps will be, click here.
October 24, 2024
U.S. Department of Energy Launches $30 Million Program for Quantum-Powered Chemistry and Materials Science Simulations
The U.S. Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) has announced a $30 million investment to launch the Quantum Computing for Computational Chemistry (QC3) program. This initiative aims to harness the potential of quantum computing to overcome current limitations in chemistry and materials science simulations, targeting breakthroughs in sustainable industrial catalysts, novel superconductors for more efficient electricity transmission, and improved battery chemistries. The QC3 program will develop, optimize, and co-design quantum algorithms to solve complex energy-related challenges that are beyond the reach of classical computing. For more about this new funding opportunity, read the rest of our article about it here.
October 24, 2024
Multiverse Computing Opens a New U.S. Office in San Francisco
Multiverse Computing, a leader in quantum AI software, has opened a new office in San Francisco, marking its expansion into the U.S. market. The new branch aims to accelerate the adoption of Multiverse’s quantum and AI-based solutions for American businesses and government clients. Chris Zaharias, recently appointed Vice President of Sales, will lead the U.S. office, bringing extensive experience in managing sales at several technology startups. For more about recent developments at Multiverse, read our full article here.
October 24, 2024
Quantum Dice and SCI Semiconductor Partner to Enhance Security Systems with Quantum-Backed Cryptography
Quantum Dice, an Oxford University spin-out specializing in quantum random number generator (QRNG) technology, and SCI Semiconductor, a UK-based developer of secure silicon devices, have announced a memorandum of understanding to jointly develop solutions targeting advanced security systems. Their collaboration aims to serve sectors with stringent security requirements, such as smart energy, aerospace, defense, telecommunications, automotive, and medical. For more about how this collaboration will integrate together technology developed by each of these companies, read the rest of the article here.
October 23, 2024
Nord Quantique Partners with C2MI and NY CREATES to Secure Semiconductor Supply Chain for Quantum Computing
Nord Quantique, a quantum error correction company, announced two new partnerships to strengthen its semiconductor supply chain. These agreements are with the MiQro Innovation Collaborative Centre (C2MI) in Bromont, Quebec, and the New York Center for Research, Economic Advancement, Technology, Engineering, and Science (NY CREATES). The partnerships support quantum chip manufacturing within the “Northeast Semiconductor Manufacturing Corridor,” spanning from Manhattan to Montreal, and align with the U.S. CHIPS and Science Act. The partnership with C2MI focuses on industrial-grade fabrication of superconducting qubits, while the collaboration with NY CREATES targets scalable qubit production using CMOS tools. Read the rest of our article about the new partnerships here.
October 18, 2024
New V-Score Metric Developed to Benchmark Quantum Advantage in Ground State Problems
A recent study published in Science introduces a novel metric called the V-score, aimed at evaluating the effectiveness of various computational methods in solving ground state problems—critical challenges in quantum computing research. The paper, authored by a collaborative team from 29 institutions, including IBM, focuses on quantifying quantum advantage in estimating ground state energy, which is often a complex task for classical computing. Read our report about this new metric in our full article here.
October 17, 2024
Quantum Computing Inc. Wins Fifth NASA Contract to Advance Quantum Sensing for LiDAR Missions
Quantum Computing Inc. (QCi) has secured its fifth contract with NASA to develop quantum remote sensing technology aimed at significantly reducing the cost of spaceborne LiDAR missions. The new project seeks to make LiDAR imaging for atmospheric measurements more affordable, allowing NASA to increase the frequency of flights to better study climate change mechanisms. Read our story about this here.
October 16, 2024
ParityQC and University of Innsbruck Achieve Efficient Quantum Fourier Transform Implementation on Linear Chains
Researchers from ParityQC and the University of Innsbruck have unveiled the most efficient implementation of the Quantum Fourier Transform (QFT) on a linear chain of qubits, eliminating the need for SWAP or Shuttling operations. Their breakthrough, detailed in the paper “SWAP-less Implementation of Quantum Algorithms,” introduces a novel approach that leverages parity quantum information flow to optimize the QFT for quantum systems with limited connectivity. View our full article here for additional information about this new algorithm.
October 16, 2024
IQM Receives a €25 Million ($27.1M USD) Purchase Order for Two Advanced Quantum Computers for Euro-Q-Exa Hybrid System
IQM Quantum Computers has been selected by the EuroHPC Joint Undertaking (EuroHPC JU) to provide two Radiance quantum computers for the Euro-Q-Exa hybrid system at the Leibniz Supercomputing Centre (LRZ) in Garching, Germany and will be integrated into LRZ’s supercomputing systems, including SuperMUC-NG. The systems, featuring 54 qubits and 150 qubits, will be delivered in the second half of 2025 and by the end of 2026, respectively. The total purchase amount is €25 Million ($27.1M USD) and is funded by the Federal Ministry of Education and Research (BMBF) and the Bavarian State Ministry of Science and the Arts. For the rest of the story, click here.
October 16, 2024
Nu Quantum Develops Qubit-Photon Interface for Distributed Quantum Computing
Nu Quantum has announced a proof-of-concept Qubit-Photon Interface (QPI), which enables modular and distributed quantum computers by connecting different quantum processing units (QPUs) across quantum networks. The technology facilitates the transfer of quantum information between matter and light, overcoming a key barrier to scaling quantum computing. The first iteration of the QPI has been integrated into Infleqtion’s ultra-high vacuum chamber, showing successful operation under ultra-high vacuum conditions. Read our full article here.
October 15, 2024
Aliro Launches AliroNet Quickstart for Entanglement-Based Quantum Networking
Aliro has introduced AliroNet Quickstart, a new bundled product designed to facilitate the deployment of entanglement-based quantum networks. The package includes hardware for quantum network implementation and software for orchestration, control, and data operation. It aims to support applications such as entanglement-based key distribution, connecting quantum processors, and linking distributed quantum sensors. Read more about Aliro’s Quickstart product in our article here.
October 15, 2024
QuEra Secures Strategic Investment from Google Quantum AI to Accelerate Development of Neutral Atom Quantum Computers
QuEra Computing has received a strategic investment from Google Quantum AI to expedite the development of scalable, fault-tolerant quantum computers using neutral atom technology. This funding marks a significant endorsement of QuEra’s progress and leverages collaborations with Harvard and MIT, based on research from the labs of Mikhail Lukin, Vladan Vuletic, and Markus Greiner. There will also be technical collaboration between QuEra and Google Quantum AI. Click here for the rest of our article including comments from QuEra’s interim CEO Andy Ory about this new infusion of funds.
October 14, 2024
Qunova Computing Achieves ‘Chemical Accuracy’ in Quantum Chemistry Simulations with Innovative Hardware-Agnostic Algorithm on NISQ Devices
Qunova Computing, a quantum software company, has achieved a significant milestone by reaching ‘chemical accuracy’ in quantum chemistry simulations on commercially available quantum computers. This was demonstrated through tests on multiple quantum machines, including IQM’s 20-qubit system, IBM’s 24-qubit Quantum Eagle processor, and AQT’s IBEX Q1 ion-based machine, marking the first time chemical accuracy has been achieved on NISQ (Noisy Intermediate-Scale Quantum) devices. Read the rest of our article about this here.
October 12, 2024 – News Brief
Zapata AI Ceases Operations
Zapata AI, one of the pioneering startups in the quantum software market, has ceased operations as of October 9, 2024. The sudden terminations appears to have been precipitated by an acceleration of payment of about $2.5 million that the company owed to Sandia Investment Management LP. Originally, this payment was not due until a Valuation Date of March 28, 2026, but the company received notice from Sandia that this date had been accelerated to October 8, 2024. So the company had to shut down and terminate almost all of the employees except for a handful that will be needed for a short time to finalize the termination activities. This event is especially surprising because Zapata had just announced a new partnership with MAG Aerospace on October 1, 2024. Additional information can be found in a filing with the U.S. Securities and Exchange Commission that can be accessed here.
October 12, 2024
Google Quantum AI Achieves Twofold Increase in Quantum Circuit Volume with Random Circuit Sampling Benchmark
Google Quantum AI has achieved a breakthrough by doubling the quantum circuit volume in its Random Circuit Sampling (RCS) benchmark. This accomplishment was realized using the Sycamore processor, where the complexity of quantum computations was increased while maintaining the same fidelity as the benchmarks established in 2019. The updated RCS benchmark continues to serve as a useful tool for evaluating the performance of quantum computers in tasks that remain challenging for classical supercomputers to simulate. For details about this experiment, read our full article here.
October 10, 2024
IBM Releases Preview of their AI-Based Qiskit Code Assistant to their Premium Customers
When IBM announced version 1.0 of Qiskit last May, they also mentioned that they were developing a Qiskit Code Assistant service with a Visual Studio code extension that will help customer generate code for their Qiskit programs. This tool is a generative AI assistant that has been trained on millions of text tokens of Qiskit code examples created over the years. It uses IBM’s Granite Code large language model (LLM) and IBM’s watsonx AI platform to help automate the code process so that users can generate high-quality Qiskit code with more productivity, at a more abstract interface level, and obtain more efficient code. Click here for more.
October 9, 2024
Moderna and Yale Demonstrate the Use of NVIDIA’s CUDA-Q Platform to Simulate Quantum Machine Learning Workloads for Drug Discovery
NVIDIA, Moderna, and Yale have released a joint research paper showcasing how accelerated computing, through NVIDIA’s CUDA-Q platform, can enhance quantum machine learning (QML) techniques to boost drug discovery processes. This collaboration highlights the potential of quantum neural networks in improving molecular property predictions, which can lead to more efficient development of new pharmaceutical therapies. The study underscores the importance of GPU-accelerated simulation for quantum algorithms, especially for scaling quantum neural networks to handle complex AI-driven tasks in drug discovery. For more about this, read our article here.
October 9, 2024
Eviden Accelerates Quantum Adoption with Installation of IQM Spark Superconducting Quantum Computer
Eviden, a leader in advanced computing under the Atos Group, has installed IQM Spark, a 5-qubit superconducting quantum computer, for educational purposes and experimental research. This partnership with IQM Quantum Computers aims to make quantum technology more accessible by offering clients the ability to experiment and develop quantum applications. Read our article here.
October 9, 2024
Riverlane and Rigetti Achieve World’s First Low-Latency Quantum Error-Correction Experiment
Riverlane has successfully demonstrated the world’s first low-latency quantum error correction (QEC) experiment, solving a critical challenge in quantum computing—real-time quantum error decoding. Using their advanced quantum error decoder within their QEC stack, Riverlane tackled the ‘backlog’ problem, where errors accumulate too quickly, preventing computations from running efficiently. The experiment, conducted with Rigetti Computing’s superconducting quantum processor, showcased the ability to suppress logical errors by integrating a scalable FPGA decoder. Click here for more.
October 8, 2024
Toyota and Xanadu Partner to Advance Quantum Computing for Materials Science Simulations and Quantum Sensing
Toyota Research Institute of North America (TRINA) and Xanadu have announced a partnership to leverage quantum computing in materials science simulations. The collaboration focuses on developing quantum algorithms to enhance the design and characterization of complex materials, particularly those relevant to quantum sensors and energy technologies. This research targets the discovery of optically addressable spin defects in 2D materials, which are critical for next-generation quantum sensors. Read more about this research in our article here.
October 8, 2024
UK Government Has Released an Approach to Regulating Quantum Tech
The UK government has released an approach to regulating quantum tech. It recognizes the immense potential of these innovations while acknowledging they are still in their early stages of development. Instead of rushing to impose rigid regulations, the government is opting for a nuanced approach, focusing on fostering responsible innovation, collaboration, and a sector specific regulatory model. Read our full article here to see the key highlights of this report.
October 8, 2024
TreQ Secures $5M+ Investment to Help Clients Build On-Premise Quantum Computing Infrastructure
TreQ has successfully raised over $5 million in seed funding for her quantum computing start-up. The funding round, led by Lavrock Ventures and supported by the UK-based Creator Fund and firstminute capital, aims to advance TreQ’s mission of developing open-architecture quantum computers. Additionally, Green Sands Equity, a venture firm based in Silicon Valley, contributed to the round. TreQ is based in both Milton Park, UK and Alexandria, Virginia and helps clients build on-premises quantum-readiness infrastructure and deliver complete quantum systems to enterprises and organizations worldwide. Click here for more.
October 8, 2024
Kipu Quantum and QuEra Computing Partner to Deliver Industrial Quantum Solutions via PlanQK Platform
Kipu Quantum, a leader in quantum software focused on hardware-specific solutions, and QuEra Computing, a pioneer in neutral-atom quantum computing, have announced a collaboration aimed at delivering cutting-edge industrial quantum solutions and enhancing the PlanQK platform. Through this partnership, PlanQK users will gain direct access to QuEra’s 256-qubit Aquila quantum processors, allowing businesses to leverage state-of-the-art neutral-atom technology to solve industry-specific challenges. For more about the PlanQK platform and QuEra’s Aquila quantum processor, click here.
October 8, 2024
Q-CTRL Secures Record-Breaking $113M Series B Funding, Led by GP Bullhound, to Accelerate Quantum Infrastructure Software Development
Q-CTRL, a global leader in quantum infrastructure software, has successfully expanded its Series B funding round to $113M, with a $59M capital injection led by GP Bullhound. This Series B-2 round represents a significant increase in valuation, signaling confidence in Q-CTRL’s technology and its role in advancing the quantum industry. We had previously reported on Q-CTRL’s receiving $27.4 million in Series B-1 funding in January 2023 and an additional $2 million in July 2023. For more on this new funding, read our full article here.
October 5, 2024 – News Brief
Norwegian Government Allocating 70 Million NOK ($6.6M USD) for Quantum Research in the Country’s State Budget
Norwegian Minister of Digitalisation and Public Governance, Karianne Tung, Minister of Defense, Bjørn Arild Gram, and Minister of Research and Higher Education, Oddmund Hoel have agreed to allocate NOK 70 million annually for quantum technology research as part of the state budget. They launched the initiative at OsloMet’s Quantum Hub. Hoel highlighted the urgency for advanced data processing, while Tung emphasized quantum tech’s potential in addressing societal challenges like climate change and medicine. Gram stressed the importance of secure communication as quantum tech develops. OsloMet’s Rector, Christen Krogh, praised the initiative and highlighted OsloMet’s leading role in the field. A news release announcing this new initiative can be accessed on the OsloMet website here.
October 5, 2024 – News Brief
University of Queensland (UQ) is Receiving $29 million AUD ($19.7M USD) in Funding for Quantum Research and Scholarships
The University of Queensland (UQ) has secured over $29 million through the Queensland Quantum and Advanced Technologies Strategy to spearhead global development in quantum technologies. UQ’s ten projects will use quantum tech for decarbonization, computing, athlete performance, concussion diagnosis, and anti-doping tests. The funding will also provide 47 postgraduate scholarships and include $10 million for establishing the Queensland Quantum Decarbonisation Alliance to address carbon emissions. A news release with a description of each of the projects has been posted by UQ on their website and can be accessed here.
October 4, 2024
IonQ Advances Quantum Networking with Remote Ion-Ion Entanglement Breakthrough
IonQ has achieved a significant breakthrough in quantum networking with the successful demonstration of remote ion-ion entanglement in a commercial setting. This milestone, announced in September 2024, marks the second of four key advancements in IonQ’s development of photonic interconnects, a core component of the company’s strategy for scaling quantum systems. Building on the ion-photon entanglement milestone reached in February 2024, this latest achievement involves entangling qubits from separate ion traps using photon-based communication. For details on how this works and how it fits into IonQ’s overall quantum networking strategy, click here for the rest of our article about this development.
October 4, 2024
Nu Quantum and UK National Quantum Computing Centre Launch Project IDRA to Develop Optically Connected Distributed Quantum Computing System
Nu Quantum, a quantum networking company, has announced the launch of Project IDRA in collaboration with the UK National Quantum Computing Centre (NQCC). This project is the first phase of a four-year initiative aimed at building optical network interconnects essential for future quantum computing data centers. Set to be based at the Harwell Campus near Oxford, Project IDRA will develop a groundbreaking optically connected, multi-node distributed quantum computing system. Read our full article here.
October 3, 2024
Terra Quantum and RWTH Aachen University Develops New Molecular Modeling Technique with Quantum Tensor Networks
Terra Quantum has announced a breakthrough in molecular modeling through its collaboration with Professor Dr. Christoph Bannwarth of RWTH Aachen University. The team developed a quantum tensor network-based method that accelerates the molecular conformer search process by 5X to 20X compared to classical techniques, offering significant improvements in speed, accuracy, and flexibility. This innovation promises to streamline drug discovery and materials science applications, potentially reducing development costs by improving molecular structure prediction efficiency. For more about this new method of molecular modeling, read the rest of our article here.
October 3, 2024
D-Wave Introduces Service-Level Agreements for Leap Quantum Cloud Users Transitioning to Production
D-Wave Quantum Inc. (NYSE: QBTS) announced new service-level agreements (SLAs) for its Leap quantum cloud service that will be offered to users moving applications into production. The SLAs will be included as part of D-Wave’s QCaaS production package. These SLAs guarantee 99.9% uptime and availability, offering customers confidence in the Leap service’s reliability and scalability as they integrate quantum computing into their business-critical operations. Click here for more.
October 2, 2024
QuantumDiamonds Launches QD m.0: The World’s First Commercial Quantum Device for Advanced Semiconductor Failure Analysis
QuantumDiamonds GmbH has introduced the QD m.0, the first commercial quantum device designed specifically for semiconductor chip failure analysis. Unveiled in Munich on September 26, 2024, the QD m.0 leverages diamond-based quantum microscopy to provide unprecedented precision in detecting and localizing faults in integrated circuits. This capability is crucial for addressing the challenges posed by modern semiconductor fabrication, particularly in heterogeneous integration and 2.5D/3D packaging. Read the rest of the article here.
October 1, 2024
D-Wave and Japan Tobacco Collaborate on a Quantum AI-Driven Drug Discovery Proof-of-Concept
D-Wave Quantum Inc. (NYSE: QBTS) and the pharmaceutical division of Japan Tobacco Inc. (JT) have announced a collaboration on a proof-of-concept project aimed at accelerating drug discovery using quantum computing and artificial intelligence. The initiative, called “Quantum AI-driven Drug Discovery,” seeks to enhance the speed and quality of pharmaceutical small molecule development by leveraging D-Wave’s annealing quantum computing technology. In this project, JT’s AI team will utilize D-Wave’s quantum computing solutions to improve the efficiency of training AI systems for drug design. The goal is to develop a pioneering approach for discovering ‘first-in-class’ pharmaceutical compounds, expanding the exploration space in drug design while addressing challenges in drug development. Read the rest of the article here.
October 1, 2024
Quantum Computing Inc. Extends Collaboration with Los Alamos National Laboratory for Advanced Quantum Optimization
Quantum Computing Inc. (QCi) has announced the extension of its Cooperative Research and Development Agreement (CRADA) with Los Alamos National Laboratory (LANL), focusing on advancing quantum optimization. This collaboration enhances QCi’s Dirac-3, an entropy quantum optimization machine designed to solve complex problems such as quantum simulations, social networks, and telecommunications. The partnership seeks to leverage Dirac-3’s ability to handle high-dimensional discrete variables and multi-body interactions, expanding its potential to solve some of the world’s most challenging optimization tasks. Click here for more.
September 27, 2024
QuantWare Launches Crescendo-E: High-Volume TWPAs for Enterprise Scale Quantum Systems
QuantWare, a provider of quantum hardware scaling solutions, has launched Crescendo-E, a traveling wave parametric amplifier (TWPA) designed for enterprise customers. The product is aimed at meeting the demands of large-scale quantum systems, focusing on reliability, flexibility, and affordability. Crescendo-E is intended for high-volume orders, providing phased deliveries to align with clients’ production schedules. For more about the launch of this product read the rest of our article here.
September 27, 2024
The Unitary Fund’s Quantum Open Source Survey is Seeking Your Input
The 2024 Quantum Open Source Software Survey being conducted by the Unitary Fund is now available and they are seeking your input. It will cover topics including demographics, experience, community, research, and tech stacks. This annual survey is a chance for anyone in quantum computing to add their voice to the development of our field to share feedback, state your needs, and take part in shaping the future of the quantum computing ecosystem. The survey will be taking inputs through the end of October. Later this year, the anonymized results will be shared publicly and provide everyone a better understand of the quantum computing community’s needs. Click HERE to start taking the survey.
September 27, 2024
NVIDIA and Equal1 Sign MoU to Advance Quantum-Classical Computing Integration
NVIDIA has signed a Memorandum of Understanding (MoU) with Irish quantum computing company Equal1 to collaborate on quantum technology use cases, business models, and proof of concept. This partnership will focus on integrating quantum-classical infrastructure for cloud and data center deployments. For more about this new collaboration, click here.
September 27, 2024
BlueQubit Launches Plugin for Pennylane to Enable Quantum Simulations on BlueQubit’s Platform
BlueQubit has launched a new plugin for Pennylane, Xanadu’s quantum machine learning library, designed to enhance the capabilities of large-scale quantum simulations. The partnership allows users to access BlueQubit’s advanced simulation tools directly through Pennylane, enabling simulations with up to 33 qubits. For the rest of the article click here.
September 27, 2024
IQM Receives a €5 million ($5.6M USD) Contract to Deliver Czech Republic’s First Quantum Computer
IQM Quantum Computers has secured a €5 million ($5.6M USD) contract to deliver the Czech Republic’s first quantum computer to the IT4Innovations National Supercomputing Centre in Ostrava. The system, a 24-qubit “Radiance Star” quantum computer based on IQM’s proprietary star topology, will be integrated into the EuroHPC Joint Undertaking’s high-performance computing (HPC) initiative and will be integrated with the Karolina supercomputer. This collaboration marks a significant step forward in advancing quantum technology in Central Europe. The installation of the system will start in 2025. For additional information about the architecture of this machine and the consortium that is purchasing it, click here for our full article.
September 27, 2024
IonQ Signs a $54.5 Million Contract with AFRL for Research in Both Quantum Computing and Quantum Networking
This contract from the U.S. Air Force Research Laboratory (AFRL) will cover a four year period and will focus on research for creating hardware that can scale, network, and deploy multiple quantum systems. Part of the company’s strategy is to scale larger quantum systems by using photonic networking and optical switching technologies to connect multiple computing modules together. It is the largest quantum contract awarded in the U.S. in 2024. Click here to read our full article that provides more details about the specific technologies that will be researched as part of this contract.
September 26, 2024
A New Heron Has Joined IBM’s Flock of Quantum Computers
IBM has added an improved quantum computer to its fleet of machines installed at its data center in Poughkeepsie, New York. This processor is named Heron r2 and is an improvement to the predecessor version called Heron r1. The new Heron r2 contains a few more qubits, 156 versus 133, than the previous version. It also has better gate fidelities providing an Error per Layer Gate (EPLG) measurement of 0.4% versus the previous version’s 0.7%. Read the rest of our article about the addition of this new quantum processor here.
September 26, 2024
Who’s News: Management Updates at D-Wave, Welinq, QuEra, SandboxAQ, and BTQ Technologies
D-Wave has appointed a new Chief Human Resources Officer. Welinq has established a new Scientific Advisory Board with four quantum experts. QuEra has named a Chief Financial Officer. SandboxAQ has recruited its first Chief Operating Officer. And BTQ has strengthened its leadership team and also added two individuals to its Scientific Advisory Board. Click here for our full article that provides more details on these management changes.
September 25, 2024
EeroQ to Make $1.1 Million in Capital Investments at Its Illinois Headquarters and Receive State Support through Illinois’ EDGE and INVENT Programs
Illinois Governor JB Pritzker, along with the Illinois Department of Commerce and Economic Opportunity (DCEO) and EeroQ, announced new investments in EeroQ’s quantum headquarters in Chicago’s Humboldt Park. EeroQ’s $1.1 million investment, supported by a Economic Development for a Growing Economy (EDGE) for Startups agreement and the Illinois Innovation Venture Fund (INVENT), aims to develop the team and tools needed to build a quantum computer. Read our full article here.
September 25, 2024
Ion-Trap Quantum Computer Now Operational at LRZ, Advancing Quantum-HPC Integration
Alpine Quantum Technologies (AQT) has successfully installed a 20-qubit ion-trap quantum computer at the Leibniz Supercomputing Centre’s (LRZ) Quantum Integration Centre, marking the first operational ion-trap quantum computer in a data center environment. The system, developed by AQT, is part of a collaboration with Munich Quantum Valley (MQV) and will support quantum software development and research activities at LRZ. Funded by the Bavarian government under the Hightech Agenda Bavaria, the €9.8 million ($10.7M USD) quantum system will be accessible to researchers starting in October as part of an early user program. For more about this development, click here.
September 24, 2024
BTQ Technologies Acquires Radical Semiconductor’s Processing-in-Memory Technology Portfolio for Efficient Acceleration of Post-Quantum Algorithms
BTQ Technologies has acquired Radical Semiconductor’s technology portfolio, including its innovative CASH cryptographic accelerator, which utilizes processing-in-memory technology. This acquisition enhances BTQ’s position in post-quantum cryptography, a critical area as quantum computing evolves to potentially break current encryption standards. Click here for the full article.
September 24, 2024
QCentroid Integrates Q-CTRL’s Fire Opal to Enhance Quantum Optimization Workflows for Customers
QCentroid has announced the integration of Q-CTRL’s Fire Opal, a cutting-edge quantum error suppression software, into its platform, providing users with enhanced quantum optimization workflows. The collaboration aims to streamline the development and deployment of quantum applications by offering a no-code interface and extensive API tools. This will allow businesses and researchers to test, optimize, and manage quantum algorithms efficiently, focusing on real-world use cases like risk analysis, EV location placement, and chemistry simulations. Read more about this here.
September 23, 2024
Ephos Receives $8.5 Million in Seed Funding and Opens a Manufacturing Facility in Milan
Ephos, a leading producer of glass-based photonic chips, has announced a major expansion with an $8.5 million funding round and the opening of a state-of-the-art research and manufacturing facility in Milan. This facility is the world’s first dedicated to producing glass-based quantum photonic circuits. The funding included contributions from the European Innovation Council (EIC) and NATO’s Defence Innovation Accelerator for the North Atlantic (DIANA), with Ephos being one of only 10 companies selected from over 1,300 applicants. They will also receive €450,000 ($500,000 USD) in non-dilutive funding over two phases. For more about this funding round and Ephos’ technology, read our the rest of the article here.
September 21, 2024
PensionDanmark Invests $10 Million in Atom Computing, Targeting Future Quantum Computing Growth
PensionDanmark has invested $10 million in Atom Computing, a U.S.-based quantum computing company, positioning its members to benefit from the rapidly growing quantum computing sector. Read the full story here.
September 20, 2024
Rochester Institute of Technology Secures $9.6 Million Award to Advance Heterogeneous Quantum Networking Through Photonic Chip Technologies
Rochester Institute of Technology (RIT) has been awarded $9.6 million from the Northeast Regional Defense Technology Hub (NORDTECH) to improve quantum chip technologies and scale quantum systems by entangling them across a photonic network. This initiative is part of the Heterogeneous Quantum Networking project, a four-year collaboration with the Air Force Research Laboratory, Yale University, Duke University, NY Creates, and AIM Photonics. The goal is to develop a heterogeneous quantum network linking ion-based and photonic-based qubits, enhancing applications such as quantum storage, sensing, and processing. For more about this project, read our full article here.
September 20, 2024
QCentroid and QPerfect Partner to Accelerate Quantum Computing for Enterprises
QCentroid, a leading Quantum-as-a-Service platform provider, has partnered with deep-tech company QPerfect to make quantum computing more accessible for businesses. The collaboration integrates QPerfect’s MIMIQ 1.0 virtual quantum computer into QCentroid’s Quantum Ops platform, enabling enterprises to test, customize, and deploy quantum applications at scale. This partnership bridges existing gaps in quantum adoption by simplifying access and reducing costs. Click here for more about this new partnership.
September 20, 2024
D-Wave and Staque Partner to Accelerate Adoption of Annealing Quantum Computing for Enterprise Optimization in the Middle East
D-Wave Quantum Inc., a leader in quantum computing systems, software, and services, has partnered with Staque, a consulting and development firm specializing in AI, blockchain, and quantum computing, to accelerate the adoption of annealing quantum computing across the Middle East. The partnership aims to leverage D-Wave’s quantum computers and hybrid solvers, accessible via the Leap™ quantum cloud service, to help organizations tackle complex challenges such as supply chain management, portfolio optimization, and utility grid management. Read the rest of the article here to see comments from both D-Wave and Staque about this new partnership.
September 19, 2024
Aquark Technologies Secures €5M ($5.58M USD) Seed Funding Led by the NATO Innovation Fund to Advance Quantum Sensing
Aquark Technologies, a UK-based quantum technology company, has raised €5 million ($5.58 million USD) in seed funding to advance its quantum sensing technology. The round was led by the NATO Innovation Fund (NIF), with participation from EIFO, UKI2S (managed by Future Planet Capital), and MBDA. The funding will help scale Aquark’s innovative, cold atom-based sensors, which are designed to provide precise signals for positioning, navigation, and timing, essential for sectors like defense, telecommunications, and finance. For additional information on Aquark and this funding, view the rest of our article here.
September 19, 2024
Pasqal and Université de Sherbrooke Partner to Boost Quantum Computing Research and Education
Pasqal, a developer of neutral atom quantum computers, has announced a collaboration with the Université de Sherbrooke (UdeS) to enhance education and research in quantum computing. The partnership focuses on developing educational materials to train students for quantum computing careers, while fostering innovative research using Pasqal’s quantum technologies. Pasqal has also committed over $1 million to support the creation of a research chair in quantum computing at UdeS. Click here for more.
September 19, 2024
HSBC Pilots Quantum-Safe Technology to Secure Tokenised Gold Transactions
HSBC has successfully tested quantum-secure technology for trading tokenised physical gold, enhancing protection against future quantum computing threats. This milestone builds on HSBC’s previous innovations, including its launch of tokenised gold for institutional and retail investors through the HSBC Orion digital assets platform. The technology also enabled the conversion of HSBC gold tokens into ERC-20 fungible tokens, improving interoperability with digital wallets and distributed ledger platforms. HSBC utilized Quantinuum’s Quantum Origin to help secure these transactions. To see how it is used, read the rest of our article here.
September 18, 2024
Oxford Ionics and Infineon Technologies to Build Portable Quantum Computer for German Cybersecurity Agency Cyberagentur
Oxford Ionics, a leader in trapped-ion quantum computing, has been awarded a contract alongside Infineon Technologies AG to build a cutting-edge portable quantum computer, MinIon, for the German cybersecurity agency, Cyberagentur. This contract is one of three awards for a project that has a total budget of €35M ($38.93M USD), which seeks to leverage quantum computing for national security and defense applications. The other two awards for the Cyberagentur project went to neQxt GmbH and a team from Quantum Brilliance and ParityQC. For more about this project and Oxford Ionics technology, read our full article here.
September 18, 2024
QuiX Quantum Launches Bia™, a Quantum Cloud Computing Service to Accelerate Access to Quantum Solutions
QuiX Quantum, a leader in photonic quantum computing, has launched its Bia™ Quantum Cloud Computing Service, marking its entry into the Quantum as a Service (QaaS) sector. This platform provides businesses and research institutions immediate access to quantum computing capabilities and aims to establish a hybrid quantum-classical computing environment. For more about this announcement, click here for our full article.
September 18, 2024
Keysight Introduces Advanced Quantum Circuit Simulation Design Environment with Frequency-Domain Flux Quantizatio
Keysight Technologies has launched Quantum Circuit Simulation (Quantum Ckt Sim), a novel design environment aimed at enhancing the development of complex quantum circuits. Developed in collaboration with Google Quantum AI, this solution integrates frequency-domain flux quantization into simulation tools, marking a significant advance in modeling superconducting quantum circuits. Quantum Circuit Simulation offers an extensive library of quantum devices, a robust design environment, and enhanced control features, enabling researchers to better manipulate quantum circuits. Click here for the rest of the article with additional information on how this tool can help improve the accuracy and efficiency of quantum R&D workflows
September 18, 2024
QMill Secures €4 Million ($4.4M USD) in Seed Funding to Develop Cutting-Edge Quantum Algorithms for Immediate Industrial Applications
QMill, a quantum software company located in Espoo, Finland, has raised €4 million ($4.45M USD) in seed funding to accelerate its mission of delivering practical quantum computing solutions for industrial applications. The funding round was led by Maki.vc and Antler, with participation from industrial technology investor Kvanted and a €1 million ($1.11M USD) grant from Business Finland. QMill aims to address current limitations in quantum computing hardware by focusing on the development of resource-efficient algorithms that leverage near-future technology. For more about QMill and this investment, read the remainder of our article here.
September 18, 2024
Bluefors Expands U.S. Production Facilities in Syracuse, New York to Lead Dilution Refrigerator Manufacturing
Bluefors has officially opened its expanded production facility in Syracuse, New York, significantly increasing its capacity to manufacture Cryomech-branded cryocoolers and producing dilution refrigerators in the USA for the first time. This expansion addresses the growing demand for cryogenic systems necessary for quantum technology applications, including quantum computing and sensing, with a projected high global market growth. For more about this expansion, read the rest of our article here.
September 18, 2024
Qruise and Quantum Machines Partner to Enhance Quantum Device Performance and Research
Qruise and Quantum Machines have announced a strategic partnership to accelerate quantum research and development. Quantum Machines will offer Qruise’s advanced machine learning software as an add-on to its OPX quantum controllers, providing enhanced control and characterization of quantum devices. The collaboration combines Qruise’s expertise in software for device calibration and characterization with Quantum Machines’ state-of-the-art hardware. To learn more about how this partnership can help researchers bring up their devices faster, click here for the remainder of this article.
September 18, 2024
Colorado Breaks Ground on 70-Acre Quantum Commons, Aiming to Build a Global Quantum Tech Hub
Elevate Quantum and the Colorado School of Mines have launched the Quantum Commons campus in Arvada, Colorado, following a $40.5 million federal grant from the U.S. Department of Commerce along additional funding from the Colorado state government aimed at developing a quantum technology hub in the region. The 70-acre campus will serve as a research and innovation park, fostering collaboration between startups, academic institutions, and private companies to accelerate the development and commercialization of quantum technology. Click here for more.
September 18, 2024
Germany Awards Contract to Quantum Brilliance and ParityQC to Develop World’s First Mobile Quantum Computer
Quantum Brilliance and ParityQC have been awarded a one of the three contracts by Agentur für Innovation in der Cybersicherheit, Germany’s Cyber Agency, to develop the world’s first mobile quantum computer by 2027. The €35 million project aims (total for this and two other contracts) to advance miniaturized quantum technology for defense, security, and civilian applications, positioning Germany as a leader in technological innovation. Click here for the rest of the article which describes the technology that Quantum Brilliance and ParityQC will be using on this project.
September 17, 2024
IQM Quantum Computers Hits Key Milestone with Production of 30 Full-Stack Quantum Computers
IQM Quantum Computers has announced a significant production milestone, reaching the manufacturing of 30 full-stack quantum computers at its Espoo, Finland facility. This facility, capable of producing up to 20 quantum computers annually, houses Europe’s only private quantum chip factory and a dedicated assembly line. IQM has also completed the delivery of six on-premises quantum computers to customers, including VTT, LRZ, and Forschungszentrum Jülich. For more about IQM’s current production capability and future expansion plans, click here to read our full article.
September 16, 2024
IBM and Partners Make Quantum More Accessible and Easier to Use by Adding Qiskit Functions and Qiskit Addons
One of the limiters in the adoption of quantum computing is what we see as the gap between the subject matter experts in an organization and the quantum computational scientists who better understand how quantum works. In order to lessen this gap IBM and its partners have just made some announcements that will improve the user experience with Qiskit by making it easier to use through additional functions and tools. These tools will make it quicker an easier to get the best results from the available quantum hardware. Click here to read our article about IBM’s introduction of the new Qiskit Functions and Qiskit Addons capabilities to help achieve this.
September 16, 2024
IBM Bolsters the Qiskit MidStack with a High Performance Transpiler and a Benchmarking Tool to Evaluate It
IBM has announced they have increased the performance in the Qiskit transpiler. They have also created an open source benchmarking suite called Benchpress that can test and evaluate the performance of different software development kits and run tests that compare the results of the latest version of Qiskit with other SDKs. Read our full article here to find out the results.
September 16, 2024
BQP Explores Quantum Computing’s Potential for Large-Scale CFD Simulations
BQP has reported progress in using quantum computers to perform large-scale Computational Fluid Dynamics (CFD) simulations. Their research suggests that a jet engine simulation, which currently requires 19.2 million HPC cores, could be completed using just 30 logical qubits. The study, conducted using a hybrid quantum-classical solver on their BQPhy® platform, demonstrated accuracy and scalability comparable to classical computing methods. Click here for how approaches like this could eventually transform industries like aerospace.
September 12, 2024
IonQ Joins the “Three-Nines Club” Demonstrating 99.9% Two-Qubit Gate Fidelity on Its Next Generation Barium Development Platform
IonQ has achieved a significant breakthrough by surpassing 99.9% (three 9’s) two-qubit gate fidelity on its next-generation barium development platform. This represents a a 4X improvement over IonQ’s current commercially available systems. This milestone is a critical step toward the company’s technical roadmap of creating high-performance, enterprise-grade quantum systems, advancing the field of quantum computing. The fidelity was demonstrated using the same mechanisms employed in IonQ’s production quantum computers, helping the company understand and remove error mechanisms in larger systems. Click here for the remainder of our article which explains some of the additional advantages IonQ will obtain as it switches over to barium based qubits.
September 12, 2024
Who’s News: Management Appointments at Elevate Quantum, SemiQon, QuiX Quantum, SandboxAQ, Nu Quantum, and Moth Quantum
Elevate Quantum has appointed a new Chief Commercial Officer. SemiQon has appointed to globally recognized experts to its Advisory Board, Quix Quantum has added a new member to its Supervisory Board, SandboxAQ has recruited someone with extensive experience in government and economics to join its Board of Advisors, Nu Quantum has added a veteran in quantum computing as a Non-Executive Director, and Moth Quantum has added a renowned quantum scientist as Chief Scientific Officer. Click here for our article that covers these management changes.
September 12, 2024
U.S. Department of Energy Announces $65 Million in Potential Awards for Quantum Research Projects
The U.S. Department of Energy (DOE) has announced a $65 million investment in quantum computing to fund 10 projects with a total of 38 separate awards over a five year period. Quantum computing aims to solve large, complex problems in modern science more quickly and efficiently, surpassing the limits of today’s largest supercomputers. This investment focuses on advancements in software, control systems, and algorithms to demonstrate quantum computing’s utility for scientific research within the DOE’s mission space. This investment aims to develop a software ecosystem ready for modularity, interoperability, specialization, and performance. For a list of the projects and other information, click here.
September 12, 2024
State Farm Ventures Invests in Entropica Labs to Unlock the Full Potential of Quantum Computing with Fault-Tolerant Quantum Error Correction
State Farm Ventures has invested in Singapore-based quantum computing software company Entropica Labs, extending the company’s Series A round to a total of $5.5 million. This investment marks a significant step in the collaboration between the two companies to drive the adoption of quantum computing technology. Click here to read more about this investments and what areas of quantum technology Entropica is working on.
September 11, 2024
Oxford Ionics Sets New World Record in Quantum State Preparation and Measurement (SPAM)
Oxford Ionics, a leader in trapped-ion quantum computing, announced a breakthrough in quantum state preparation and measurement (SPAM), achieving world-record fidelities of 99.9993%. The novel SPAM protocol, developed in collaboration with the University of Oxford’s Department of Physics, delivers a 13x reduction in errors compared to previous approaches. For additional information on how Oxford Ionics achieved this record, click here to see the rest of the article.
September 11, 2024
Infleqtion Awarded Quantum Technology Contract with Australian Army for Enhanced Security and Trust
Infleqtion, a leading quantum information company, has been awarded a Phase II contract to collaborate with the Australian Army in the Quantum Technology Challenge (QTC). The project will focus on developing quantum physically unclonable functions (QPUFs) to enhance the reliability and security of quantum systems, providing protection against potential threats such as device spoofing. Infleqtion, alongside Sydney-based Diraq, aims to advance quantum computing security and trust. Our full article is available here.
September 11, 2024
EPB Quantum Network Hosts Oak Ridge National Laboratory’s First Run on a Commercial Quantum Network
EPB Quantum Network℠, powered by Qubitekk, is hosting Oak Ridge National Laboratory’s (ORNL) first commercial quantum network run. ORNL is testing its Automatic Polarization Compensation (APC) technology, which helps maintain the integrity of quantum data transmission by compensating for environmental disruptions like temperature fluctuations. The University of Tennessee at Chattanooga (UTC) is also participating, becoming the first U.S. university with a permanent connection to a commercial quantum network. For additional information on how ORNL will be trialing their APC technology on the EPB Quantum Network, click here for the rest of the story.
September 11, 2024
Quantum Source Raises $50M in Series A Funding to Advance Photonic Quantum Computing
Quantum Source, a company focused on developing practical photonic quantum computers, has raised $50 million in a Series A funding round. This latest round, led by Eclipse with participation from Standard Investments, Level VC, Canon Equity, and existing investors Pitango First, Grove Ventures, 10D, and Dell Technologies Capital, brings the company’s total funding to $77 million. Click here for more about Quantum Source.
September 11, 2024
Quantum Bridge Joins Canadian Government Procurement Program with Advanced Quantum-Safe Encryption Solutions
Quantum Bridge has been accepted into the Canadian Government’s fast-track procurement program, following successful testing of its Symmetric-Key Distribution System (SDS). This system combines Distributed Symmetric Key Establishment (DSKE) and Post-Quantum Cryptography (PQC), including the Module-Lattice-Based Key-Encapsulation Mechanism (ML-KEM), a new encryption standard established by the U.S. National Institute of Standards and Technology (NIST). The acceptance into the Canadian government’s Innovative Solutions Canada Pathway to Commercialization program enables Quantum Bridge to explore commercial opportunities with the government. The solution has passed rigorous testing by Defence Research and Development Canada, ensuring its readiness for broad deployment. For additional information, click here.
September 11, 2024
IonQ and University of Maryland Announce $9M Partnership to Advance Quantum Innovation
IonQ (NYSE: IONQ), a leader in quantum computing, has signed a $9 million partnership with the University of Maryland (UMD) to strengthen quantum innovation and expand access to QLab, the National Quantum Lab at Maryland. This strategic agreement aims to enhance UMD’s position as a global hub for quantum research by offering students, faculty, and partners unprecedented access to IonQ’s cutting-edge trapped ion quantum computers. Click here for more.
September 10, 2024
Aliro Expands Partnership with U.S. Air Force for Quantum Networking Solutions
Aliro, a leader in quantum networking, has announced an expanded agreement with the Air Force Research Laboratory (AFRL) to provide advanced software solutions for AFRL’s quantum networking research. This collaboration focuses on enabling AFRL to simulate, test, and operate entanglement-based quantum network infrastructure, including the networking of quantum computers using heterogeneous qubit platforms. Through this partnership, Aliro will provide Aliro Simulator, a modular quantum network simulator that models entanglement-based networks. The simulation environment will allow AFRL to evaluate components, protocols, and configurations within their quantum networks, enhancing the accuracy, flexibility, and scalability of the systems. Click here for the remainder of the article.
September 10, 2024
Bullnet Capital Leads Investment Round in Quantum-Inspired Software Startup Inspiration-Q
Bullnet Capital, a Spanish venture capital firm specializing in high-tech investments, has led an investment round in Inspiration-Q, a spin-off of the Spanish National Research Council (CSIC). Founded in 2021 by quantum computing experts Samuel Fernández Lorenzo, Juanjo García-Ripoll, and Diego Porras, Inspiration-Q focuses on the development and commercialization of quantum-inspired algorithms. These algorithms, designed to run on conventional computers, provide the optimization and sustainability benefits associated with quantum computing, while being ready for future deployment on quantum hardware. Click here for more.
September 10, 2024
Quantinuum Announces Its Processor Development Roadmap
At the Quantum World Congress event, Quantinuum unveiled its quantum processor development roadmap, with a goal of providing systems that can provide users with a quantum advantage in the next few years. Their roadmap builds upon the continued progress they have made with the H1 and H2 generations of processors and the roadmap extends for three more generations through 2029. To see the details about Quantinuum’s roadmap announcement, read our full article here.
September 10, 2024
Microsoft Announces an Advance in Logical Qubits with Quantinuum, a Hybrid End-to-End Chemical Simulation, and a Partnership with Atom Computing
At this week’s Quantum World Congress, Microsoft made three announcement on advancements and developments in their quantum program. The first involves a new demonstration Microsoft performed with Quantinuum to show an advance in quantum error correction. The second describes an end-to-end simulation of a chemistry simulation using a combination of HPC, AI, and quantum resources. And the third was an announcement of a program with Atom Computing to develop in the not too distant future a quantum processor that can provide scientific quantum advantage. Click here for our full article that covers these announcements.
September 9, 2024
HEST Investments Announces $1M Strategic Investment in American Binary to Bolster Quantum Computing Security
HEST Investments, a private equity firm specializing in biotech, life sciences, and technology, announced a $1 million strategic investment in American Binary, a company focused on post-quantum encryption. This investment, completed in late 2023, is aimed at strengthening digital security as quantum computing emerges as a powerful force capable of breaking traditional encryption methods. American Binary’s cutting-edge solutions will help protect sensitive information from potential quantum threats. Read the rest of our article here for more information about American Binary and this investment in them.
September 8, 2024
PsiQuantum to Launch Advanced Test Lab at Griffith University
PsiQuantum is set to open a ‘Test & Characterization’ lab at Griffith University’s Nathan Campus in Brisbane, Australia, expected to be operational by early 2025. Announced by co-founder Pete Shadbolt, the lab will focus on critical testing for high-performance subsystems as PsiQuantum progresses toward building its first utility-scale quantum computer in Brisbane. For more about this new lab can be seen in the full article here.
September 7, 2024
D-Wave Joins the Chicago Quantum Exchange
D-Wave Quantum Inc., a leading provider of quantum computing systems, software, and services, has joined the Chicago Quantum Exchange (CQE) as a corporate partner. This collaboration aims to advance quantum education and industry adoption efforts. D-Wave, which serves various industries by solving complex computational problems in optimization, research, and artificial intelligence, plans to engage with the CQE community on materials science research, quantum education, and practical optimization use cases for manufacturing and logistics. Read our the rest of the article here.
September 6, 2024
Mesa Quantum Secures $3.7M Seed Funding to Commercialize GPS-Alternative Quantum Sensors
Mesa Quantum, a quantum sensing startup, has secured $3.7 million in seed funding led by J2 Ventures, with participation from SOSV. This funding will support Mesa Quantum in building a new R&D facility, hiring top technical talent, and advancing the commercialization of its chip-scale quantum sensors. The company’s technology targets defense, energy, telecommunications, and other sectors, focusing on alternatives to Global Positioning System (GPS), which is vulnerable to disruptions like jamming. For the rest of the article, click here.
September 5, 2024 – News Brief
U.S. Department of Commerce Issues Export Control Rules on Quantum and Other Advance Technologies
The U.S. Commerce Department’s Bureau of Industry and Security (BIS) has published a set of interim final rules for export controls on critical technologies including Quantum Computing Items, Advanced Semiconductor Manufacturing Equipment, Gate All-Around Field-Effect Transistor (GAAFET) Technology, and Additive Manufacturing Items. The rules come into affect on September 6, 2024 and the BIS is inviting public comments for 60 days after that. The rules were formed to improve coordination of export controls with other like-minded countries and strengthen the effectiveness of the export controls. In addition, these controls recognize the dependence of the quantum industry on recruiting foreign talent and has implemented a General License process involving a reporting requirement to enable U.S. companies to hire foreign persons. A press release has been issue by BIS announcing these release of these new rules and it can be found here. The full text of the rules is available here.
September 4, 2024
PQShield Has Developed a Test Chip that Implements the NIST PQC Standards in Silicon
PQShield has developed an initial test chip that implements the first PQC standards. The company claims it is the first ever PQC-compliant silicon chip and is firmware based so it can support other PQC algorithms as they are standardized or if updates are needed to better support the first three algorithms that were finalized last month. The initial purpose of this test chip is to study its characteristics regarding compliance to the standards, performance, power consumption, resistance to side channel activities, and other things. Click here for our full article with more information about this chip.
September 4, 2024
Quantum Brilliance and Oak Ridge National Laboratory Partner to Integrate Parallel Quantum Computing with High-Performance Systems
Quantum Brilliance (QB) has announced a strategic collaboration with Oak Ridge National Laboratory (ORNL) to integrate QB’s diamond-based quantum accelerators with ORNL’s high-performance computing (HPC) systems. This partnership aims to advance parallel and hybrid quantum computing, exploring how quantum and classical processors can work together to tackle complex problems that current classical computing cannot solve alone. The collaboration will focus on developing new computational methods and software tools that will enable users to leverage the combined power of quantum and classical computing. A key feature for this collaboration that will be explored will be parallel quantum computing, having multiple quantum processors work together to solve a problem. Click here for more.
September 2, 2024
SDT Secures 10 Billion Won ($7.47M USD) Investment to Advance South Korea’s Quantum Computing Ecosystem
SDT, South Korea’s sole quantum computing company, has secured a 10 billion won ($7.47M USD) pre-IPO investment from Shinhan Venture Investment, aiming to raise a total of 20 billion won. The remaining funds are expected to come from global companies and existing shareholders. SDT specializes in manufacturing equipment that controls quantum phenomena like entanglement and superposition, essential for quantum computing. With this new investment, the company plans to commercialize quantum computers in Korea and build a quantum computing data center for quantum cloud services in collaboration with the government and KISTI. Click here for the rest of this article.
August 29, 2024
Duke-Led Team Secures $1 Million NSF Grant to Identify Technical Challenges and Potential Solutions for a 256-Qubit Trapped Ion Quantum Computer
Researchers at the Duke Quantum Center are spearheading an effort to develop a 256-qubit quantum computer, a system that could significantly outperform classical computers in scientific applications. The project, named Quantum Advantage-Class Trapped Ion system (QACTI), is funded by a one-year, $1 million grant from the National Science Foundation’s (NSF) National Quantum Virtual Laboratory (NQVL) program. This initiative builds on the successes of the previous Software-Tailored Architectures for Quantum co-design (STAQ) project, which laid the groundwork for this ambitious quantum computing endeavor. For additional details about this project and this initial funding, click here.
August 29, 2024
Oxford Instruments NanoScience Joins Rigetti’s Novera Program to Enhance On-Premises Quantum Computing
Oxford Instruments NanoScience has joined Rigetti’s Novera QPU Partner Program, an initiative that brings together leading quantum computing hardware, software, and service providers. The partnership aims to enhance on-premises quantum computing by leveraging Oxford Instruments NanoScience’s expertise in cryogenic systems, particularly their Proteox family of dilution refrigerators. These systems are crucial for maintaining the ultra-low temperatures necessary for quantum operations, and their modular design allows for quick deployment and global shipping, ensuring compatibility with future advancements in quantum processing units (QPUs). Click here for the rest of the article.
August 29, 2024
South Dakota Mines Secures a $5 Million NSF Grant to Launch Quantum Materials Institute for Quantum Computing and Communications
South Dakota Mines has received a $5 million grant from the National Science Foundation (NSF) to establish a Quantum Materials Institute focused on advancing quantum computing and secure quantum communications. The institute will collaborate with the NSF-funded MonArk Quantum Foundry to develop compact, efficient nonlinear optical systems from atomically thin 2D materials and metasurfaces. These innovations are expected to play a significant role in chip-scale integrated photonics and quantum networks. The award period will start on October 1, 2024 and is expected to continue until September 30, 2029. Click here to read the rest of the article which provides additional information on how the university will use this funding.
August 29, 2024
UNM Secures $1M NSF Grant to Pave the Way for Room-Temperature Photonic Quantum Computing
The University of New Mexico (UNM) and New Mexico State University have been awarded a $1 million grant from the National Science Foundation (NSF) to develop a photonic quantum computer capable of operating at room temperature. This project, part of the NSF’s National Quantum Virtual Laboratory (NQVL) initiative, is one of five nationwide to receive funding. The research team, led by UNM’s Marek Osinski and several other distinguished professors, aims to create a fully integrated quantum computing chip utilizing Gaussian boson sampling and photonics. For more about this project, read our full article here.
August 29, 2024
PQShield and SiFive Collaborate to Future-Proof RISC-V with Advanced Post-Quantum Cryptography
PQShield and SiFive have partnered to integrate post-quantum cryptography (PQC) into SiFive’s RISC-V processors, enhancing the security of critical systems in sectors like aerospace, defense, automotive, and consumer electronics. PQShield’s PQPlatform-CoPro technology will be embedded into SiFive’s Essential and Performance CPU families, aligning with the newly established NIST standards for PQC, which are designed to protect against future quantum computer-aided attacks. Read our full article here.
August 28, 2024
Juniper Networks Invests in Quantum Bridge Technologies to Develop Quantum-Safe Networking Solutions
Juniper Networks, a leader in AI-Native Networking, has invested in Quantum Bridge Technologies and will partner with them to develop industry-first quantum-safe networking solutions, addressing the growing threats posed by quantum computing. Quantum Bridge will use the funds to scale its Distributed Symmetric Key Exchange (DSKE) technology, which offers secure key distribution without relying on asymmetric cryptography. This technology will help to enhance Juniper’s AI-Native Networking Platform, providing advanced protection for critical data against potential quantum-based attacks. Click here for more about this investment and partnership between Juniper Networks and Quantum Bridge.
August 27, 2024
UCLA Secures $1 Million NSF Grant to Accelerate Quantum Sensor Development and Commercialization
UCLA’s California NanoSystems Institute, in collaboration with the University of Delaware, Caltech, and MIT, has secured a $1 million grant from the National Science Foundation (NSF) to advance quantum technologies. The funding supports the Quantum Sensing and Imaging Lab (Q-SAIL), led by UCLA physicist David Leibrandt, focused on developing quantum sensors using two-dimensional trapped-ion arrays for ultra-precise measurements. This project is part of the NSF’s National Quantum Virtual Laboratory (NQVL) initiative, aimed at accelerating the commercialization of quantum technologies. For more about UCLA’s Q-Sail lab and NSF’s NQVL initiative, click here for the rest of the story.
August 26, 2024
Amazon Braket Launches the Rigetti Ankaa-2: An 84-Qubit Superconducting Device
Amazon Braket has launched the Rigetti Ankaa-2, an 84-qubit superconducting quantum processor, on its quantum computing service, further expanding its hardware offerings. The Ankaa-2 device, available in the US West (N. California) region, is accessible to customers around the clock, enabling continuous quantum experiments. For more about Ankaa-2’s capabilities on Amazon Braket, click here.
August 26, 2024
Quantum Machines and Bluefors Expand Partnership to Accelerate Quantum Research with Pre-Integrated Qubit Chip Holders
Quantum Machines and Bluefors have announced an extended OEM agreement that brings Quantum Machines’ QCage qubit chip holders to Bluefors’ cryogenic measurement systems. This partnership allows researchers to order Bluefors systems with pre-installed QCage holders, streamlining the setup and calibration process and saving significant development time. Read our full article here.
August 22, 2024
QuDef Launches Open Access SQOUT: The First Quantum Technology Threat Intelligence Platform
QuDef, a leading provider of quantum technology and cybersecurity solutions, has unveiled Open Access SQOUT, the world’s first quantum technology threat intelligence and knowledge platform. This groundbreaking tool is designed to help professionals identify, understand, and counteract emerging threats to quantum technologies. Open Access SQOUT offers unclassified insights into the tactics, techniques, and procedures (TTPs) used in quantum and classical methods to compromise quantum systems, along with their mitigations. Today, the Open Access platform is in an Early Access phase and some functionality is still under development. Right now this phase only covers QKD technology with additional features expected to be available in the future. Click here for more.
August 22, 2024
NTT DOCOMO and D-Wave Quantum Inc. Report 15% Improvement in Mobile Network Performance with Quantum Optimization
NTT DOCOMO, Japan’s largest mobile operator, has partnered with D-Wave Quantum Inc. to pilot a quantum optimization solution that significantly enhances mobile network performance. Utilizing D-Wave’s annealing quantum computing technology, the project achieved a 15% reduction in network signal congestion at base stations, potentially leading to more efficient signal transmission and lower infrastructure costs. The pilot demonstrated that the hybrid-quantum approach could optimize base station tracking areas faster and more effectively than classical methods, handling tasks in 40 seconds that would traditionally take 27 hours. Click here for the rest of the article.
August 20, 2024 – News Brief
SBQuantum Secures Contracts with European and Canadian Space Agencies for Quantum Diamond Magnetometer Testing
SBQuantum, a pioneer in quantum diamond magnetometers, has announced new contracts with the European Space Agency (ESA) and the Canadian Space Agency (CSA). The ESA contract will assess the viability of SBQuantum’s magnetometer technology in space, focusing on its reliability and accuracy for satellite deployment. The Canadian Space Agency’s STRATOS Program will test SBQuantum’s magnetometers at an altitude of 40km, subjecting them to extreme conditions such as low temperatures and radiation. For more about SBQuantum’s technology and these contracts, click here for our full article.
August 19, 2024 – News Brief
Oxford Ionics Opens U.S. Office in Boulder, Colorado
Oxford Ionics has selected Boulder, Colorado as the location for its new North American hub. Professor David Allcock has been appointed to lead this office as the Director of Science for North America. The new office will allow Oxford Ionics to recruit from the U.S. talent pool in a location where there is already a lot of quantum activity and was recently won a Tech Hub Phase 2 grant from the U.S. Department of Commerce. The location will also make it easier to access the U.S. supply chain for quantum related items and utilize facilities in the region to perform development activities. The location will also make it easier for Oxford Ionics to work with strategic partners and future customers in North America. A press release with additional information has been posted on the Oxford Ionics website here.
August 16, 2024
USAF Extends Contract with SandboxAQ to Expand Development of Its AQNav Magnetic Navigation System
SandboxAQ has received a Tactical Funding Increase (TACFI) from the U.S. Air Force (USAF) to advance its AQNav magnetic navigation system. This SBIR Phase 2B funding will enable SandboxAQ and partner AFWERX to develop additional configurations of AQNav, including a pod-based system, for deployment on a broader range of aircraft, including unmanned aerial systems. Read our full article here.
August 15, 2024
Quantum Circuits Secures $60 Million in Series B Funding
Quantum Circuits, Inc. has closed a Series B funding round, raising over $60 million to advance its commercialization efforts. The round was led by ARCH Venture Partners, F-Prime Capital, Sequoia Capital, and Hither Creek Ventures, with additional contributions from Canaan Partners, Fitz Gate Ventures, In-Q-Tel (IQT), Osage University Partners, Connecticut Innovations, Tao Capital Partners, and Tribeca Venture Partners. The funding will support Quantum Circuits’ push to bring its innovative quantum systems to market. For additional background on Quantum Circuits and its technology read our full article here.
August 13, 2024
Ooredoo Invests 2.8 Million Qatari Riyals ($768K USD) to Support Establishment of Qatar’s First Quantum Communication Testbed at Hamad Bin Khalifa University
Ooredoo, Qatar’s leading telecommunications operator, has committed 2.8 million Qatari Riyals ($768K USD) to support Hamad Bin Khalifa University’s (HBKU) Qatar Centre for Quantum Computing (QC2) in building the country’s first quantum communication testbed. This project is a core initiative of QC2, aimed at establishing a secure quantum communication system that surpasses the capabilities of classical cryptographic methods, offering 100% security. The testbed will form the foundation for Qatar’s future Quantum Internet, positioning the nation as a leader in quantum communication technology in the region. Click here for the remainder of the article.
August 13, 2024
QuEra Computing and Quantum Intelligence Corp Partner to Accelerate Drug Discovery
QuEra Computing, a leader in neutral-atom quantum computing, and Quantum Intelligence Corp. (QIC), a South Korean innovator in AI-driven drug development, announced a strategic partnership to accelerate drug discovery. The collaboration will integrate QuEra’s advanced quantum computing technology with QIC’s QUEST platform, aiming to enhance the accuracy, speed, and efficiency of drug development processes. Read the rest of our article reporting on this new partnership here.
August 13, 2024
NIST Has Finalized the First Three PQC Algorithms; 45 More Are Still in the Pipeline
NIST has finalized and approved the specifications for the first three Post Quantum Cryptography (PQC) algorithms. We expect this will help accelerate efforts among enterprises to upgrade their cryptography infrastructure to utilize these algorithms and protect their systems against future attacks using quantum computers. Click here for our full article that discusses this announcement and its implications in more detail.
August 13, 2024
Terra Quantum’s Hybrid Quantum Model for Identifying Liver Transplant Candidates Shows Improvement Over Existing Techniques
Terra Quantum has developed a groundbreaking hybrid quantum neural network (HQNN) model that outperforms traditional methods in identifying healthy livers suitable for transplantation. Collaborating with medical experts, the company designed a system combining quantum computing with classical machine learning, achieving a 97% image classification accuracy for diagnosing non-alcoholic fatty liver disease (NAFLD). This represents a 1.8% improvement over existing techniques. For more about this research, click here to read our full article.
August 12, 2024
BlueQubit and Quantum Art Secure $2.2M BIRD Foundation Grant to Advance Quantum Machine Learning and Quantum Processor Configuration Methods
BlueQubit Inc. and Quantum Art Ltd. have secured a $2.2 million grant from the Israel-U.S. Binational Industrial Research and Development (BIRD) Foundation to develop and optimize quantum machine learning algorithms and quantum processor configuration methods. In this two-year project, BlueQubit, a California-based leader in quantum software simulations, and Quantum Art, an Israeli company specializing in scalable quantum computers using trapped ion qubits, aim to accelerate breakthroughs in industries such as finance, pharma, image analysis, and security. Read the rest of the article here.
August 8, 2024
Rigetti Computing Reports on Its Q2 2024 Financial Results
Rigetti Computing showed a relatively flat quarter from a financial perspective, but has shown a significant shift in the source of the revenue from the year ago quarter. They are now receiving more revenue from sales of services, materials, and systems with a minimal amount of revenue coming from sales of quantum computer access. Click here for more the details and our report on their Q2 earnings announcement.
August 8, 2024
D-Wave Releases Its Q2 2024 Financial Results
D-Wave has released its Q2 2024 Financial Results showing continued Year-over-Year increases as well as continued customer traction and technical progress. Click here for our article that covers this latest release.
August 7, 2024
IonQ Announces Its Q2 2024 Financial Results
IonQ has released its Q2 2024 financial results showing a significant increase in revenue for the quarter that exceeded their original forecast. Click here for our full article that reports on the numbers as well as some of the significant technical and commercial achievements they have achieved in the past few months.
August 7, 2024
LightSolver Secures €12.5M ($13.6M USD) from European Innovation Council to Advance Its Laser-Based Processor
LightSolver has secured €12.5M from the European Innovation Council (EIC) Accelerator Program to advance its pioneering all-optical processor. The funding includes an initial €2.5 million grant from the EIC Fund and a future equity investment of €10 million, placing LightSolver among the top 68 companies selected from 969 applicants. This investment will accelerate the commercialization of their laser-based computing platform, which promises significant energy efficiency and reduced Total Cost of Computing (TCoC). Click here for more.
August 6, 2024
IonQ Receives $5.7 Million Contract from the Applied Research Laboratory for Intelligence and Security to Research Cybersecurity in Networked QC Systems
The Applied Research Laboratory for Intelligence and Security (ARLIS), based at the University of Maryland has awarded an initial $5.7 million contract to IonQ to design a networked quantum computing system for the Department of Defense (DOD) to enable studying cybersecurity of multi-party quantum computation. This initial award is only for first phase design work on such a system and ARLIS indicates that a potential award of up to $12 million could be awarded in the future for construction, delivery, and maintenance of these systems. For more about this award and a key research area that this program will enable, click here for our full article.
August 6, 2024
Davidson Technologies and D-Wave Partnership Gains Strong Government Support to Install a D-Wave Advantage Processor in Alabama
Davidson Technologies and D-Wave Quantum Inc. received robust support from local and federal lawmakers for their initiative to bring advanced quantum computing to Huntsville, Alabama. At the Space and Missile Defense Symposium, Huntsville Mayor Tommy Battle and Sen. Tommy Tuberville emphasized the strategic significance of D-Wave’s AdvantageTM quantum computing system, set to be installed at Davidson’s new headquarters in 2025. This installation will enhance the region’s leadership in quantum computing and support national security efforts. Click here for more details about this announcement.
August 6, 2024
Riverlane Raises $75 Million Series C Funding to Meet Global Demand for Quantum Error Correction Technology
Riverlane, a global leader in quantum error correction (QEC) technology, announced the successful raising of $75 million in Series C funding. The round was led by Planet First Partners, with participation from ETF Partners, EDBI, and existing investors including Cambridge Innovation Capital, Amadeus Capital Partners, NSSIF, and Altair. This funding will support Riverlane’s ambitious goal of achieving one million error-free quantum computer operations by 2026. Click here for the rest of our article about this funding.
August 6, 2024
Terra Quantum Secures SBIR Funding to Develop Quantum-Resistant Network for U.S. Air Force Communications
Terra Quantum, a leader in quantum technology, has been awarded a competitive Small Business Innovation Research (SBIR) contract to explore the feasibility of a quantum-resistant communication network for the U.S. Department of the Air Force (DAF). This initiative aims to enhance cybersecurity by employing advanced quantum cryptography techniques, including post-quantum cryptography (PQC), Quantum Key Distribution (QKD), and Quantum Random Number Generators (QRNG). Read our full article here.
August 3, 2024 – News Brief
Rotonium Receives €1 Million ($1.1M USD) in Seed Funding
Rotonium is a company located in Padova, Italy working on utilizing the features of the orbital angular momentum of electromagnetic waves and photons to develop innovative technologies and applications in communication and in quantum computation. They have received €1 million ($1.1M USD) in a seed investment from Galaxia, the National Technology Transfer Centre for Aerospace, a fund established in partnership with CDP Venture Capital‘s Tech Transfer Fund and Obloo Ventures. The money will be used to further develop their photonic technology based upon a single-photon qubit that operates at room temperature and to use it to design a commercial quantum computer. They will be expanding their team and proceed to accelerate integration tests of the components they will be using in their technology. Additional information can be found in an article on the Startupbusiness website here.
August 1, 2024
Quantum Software Startup Bloq Quantum Secures Rs 1.3 Crore ($155K USD) in Pre-Seed Funding to Accelerate Product Development and Expansion
Bloq Quantum, a quantum software startup, has secured Rs 1.3 crore ($155K USD) in a pre-seed funding round led by Inflection Point Ventures (IPV), an angel investment firm based in Gurugram, India. The funds will be allocated towards product development and team expansion, enhancing Bloq Quantum’s quantum algorithms and platform capabilities. Bloq Quantum aims to simplify enterprise adoption of quantum computing with its low-code interface, accelerating quantum algorithm development and providing valuable business insights. Click here for more.
August 1, 2024
Duality Quantum Accelerator Has Accepted Five Startups into Its Fourth Cohort
The Duality Quantum Accelerator has welcomed its fourth cohort of five startups, marking a significant milestone in Illinois’ burgeoning quantum technology sector. These startups, which span the fields of quantum computing, sensing, and communication, are poised to advance their technologies in industries such as biomedicine and aerospace. Click here for the rest of our article which shows the five startups that have been accepted into this cohort.
August 1, 2024
QuEra Unveils QuEra Quantum Alliance to Accelerate Global Deployment of Neutral-Atom Quantum Computers with Leading Industry Partners
QuEra Computing has launched the QuEra Quantum Alliance Partner Program, aiming to accelerate the development and deployment of neutral-atom quantum computers. This initiative seeks to collaborate with leading technology and solutions companies to address complex computational problems. The QuEra Quantum Alliance will facilitate joint go-to-market activities, including exclusive events and webinars. Partners will gain early access to QuEra’s innovative technology and receive direct support from QuEra’s team of experts. This program is designed to enhance collaboration and drive advancements in quantum computing. For more about this alliance, including a list of QuEra’s initial partners in this program, click here.
July 31, 2024
Quantinuum Launches Nexus: An All-in-One Quantum Computing Platform
Quantinuum has announced the beta availability of Quantinuum Nexus, an all-in-one quantum computing platform designed to streamline quantum computing workflows with expert design and full-stack support. Quantum users are invited to apply for beta access to collaborate closely with Quantinuum on adopting and customizing Nexus for their needs. Quantinuum Nexus simplifies quantum algorithm deployment, addressing common tasks and pain points. Nexus integrates fully with Quantinuum’s H-Series Quantum Processor, InQuanto™ software, and H-Series emulators, supporting multiple hardware and simulation backends including Qiskit Aer, Amazon Braket, Quantinuum H-series, IBM Q, ProjectQ, and Qlacs. It stores comprehensive experiment data, facilitates easy data sharing, and offers administrators resource controls, advanced usage visualization, and secure collaboration tools. Click here for more about this new platform.
July 30, 2024
Accenture and SandboxAQ Expand Partnership to Enhance Data Encryption and Defend Against Emerging AI and Quantum Threats
Accenture (NYSE: ACN) and SandboxAQ are significantly expanding their collaboration to address the pressing need for robust data encryption. Accenture is introducing a new Encryption Risk Assessment service integrated with SandboxAQ’s AQtive Guard. This partnership focuses on strengthening encryption to defend against both current cyber threats and future risks posed by artificial intelligence (AI) and quantum computing. The joint offering aims to enhance data security across enterprise technology portfolios and improve observability to mitigate third-party risks. For more about this Encryption Risk Assessment service, read our full article here.
July 29, 2024
D-Wave Announces Expanded Roadmap to Enhance Leap Quantum Cloud Service for Advanced AI/ML Applications and Energy-Efficient Model Training
D-Wave Quantum Inc. (NYSE: QBTS) has unveiled an updated roadmap for its Leap™ quantum cloud service, aimed at advancing Quantum AI solutions for artificial intelligence (AI) and machine learning (ML). This expansion includes support for quantum-enhanced, energy-efficient AI model training and integrating AI with optimization to address critical customer use cases. For details about D-Waves expanded roadmap for AI/ML applications, click here for our full article.
July 29, 2024
Quantistry Signs MoU with IQM Quantum Computers to Advance Hybrid Quantum Solutions for Chemical and Material R&D
Quantistry, a Berlin-based start-up specializing in cloud-native chemical simulation, and IQM Quantum Computers, a leader in quantum computing technology, have signed a Memorandum of Understanding (MoU) to explore hybrid classical-quantum solutions for the chemical and material industries. This collaboration aims to integrate IQM’s advanced quantum systems into QuantistryLab, Quantistry’s simulation platform, enhancing its efficiency and accuracy for industrial applications. Click here for more.
July 29, 2024
Bloch Quantum Tech Hub Secures $500,000 EDA Award to Drive Quantum Technology Innovation and Industry Adoption
The Bloch Quantum Tech Hub has been granted a $500,000 Consortium Accelerator Award by the US Department of Commerce’s Economic Development Administration (EDA). This funding will support the hub’s ongoing initiatives to accelerate the adoption of quantum technologies across various industries. For more about the Bloch Quantum Tech Hub, recent collaborations, and the award, click here for the rest of the article.
July 29. 2024
QED-C’s Latest Report Examines How Quantum Computing and Cryptography Can Transform Security in Financial Messaging Systems
The Quantum Economic Development Consortium (QED-C) has released the report Quantum Technology for Securing Financial Messaging”, which explores the role of quantum computing, networking, and communications in the financial sector. For more about this report and a summary of three key recommendations it contains, click here.
July 27, 2024
Who’s News: Management Appointment at Intersect Illinois, Quantum Corridor, and LightSolver
Intersect Illinois has app0inted a new Chief Quantum Officer, Quantum Corridor has added a Chief Product Officer, and LightSolver has recruited a new Chief Operations Officer and a new Vice President of Product Management. Read our full article about these appointments here.
July 27, 2024
UK Government Allocates Over £100 Million ($128.6M USD) to New Quantum Hubs for Advancements in Healthcare, Cybersecurity, and Transport
The UK government has announced over £100 million ($128.6 million USD) in funding for five new quantum research hubs aimed at delivering advancements in healthcare, cybersecurity, and transport. Located in Glasgow, Edinburgh, Birmingham, Oxford, and London, these hubs will develop practical quantum technologies, such as faster medical scanners, secure communication networks, and next-generation positioning systems. For additional information about these awards, read our full article here.
July 27, 2024 – News Brief
Qrypt Awarded AFWERX SBIR Phase 1 Contract for Enhancing Mattermost Secure Chat with Quantum Resistant Encryption
Qrypt, a US quantum security pioneer, has been awarded a Small Business Innovation Research (SBIR) Phase 1 contract by AFWERX to enhance the security of Mattermost secure chat. This project aims to address data privacy and encryption for the U.S. Air Force by integrating Qrypt’s one-time pad (OTP) cipher technology. The contract leverages Qrypt’s Quantum Secure Key Generation technology (BLAST) and Quantum Random Number Generators, developed with Los Alamos and Oak Ridge National Laboratories. This enhancement ensures the protection and integrity of chat communications against quantum threats. Qrypt CTO Denis Mandich emphasized the importance of this technology for military cybersecurity, noting its potential to improve security and eliminate single points of compromise on the network. For additional information, you can access a press release here.
July 25, 2024 – News Brief
Quantum Transistors Receives €17.5M ($19M USD) from European Innovation Council to Develop Scalable Quantum Computing Technology
Israeli quantum computing company Quantum Transistors has secured up to €17.5 million ($19 million USD) from the European Innovation Council (EIC), marking the largest investment among 68 selected companies out of 969 applications. The funding includes a €2.5 million ($2.72 million USD) grant from the EIC Accelerator and a future equity investment of €15 million ($16.28 million USD) through the EIC Fund. This financial boost will enable Quantum Transistors to scale up its R&D efforts and expand its team. Quantum Transistors aims to make quantum computing more accessible by developing an integrated universal quantum processor on a single chip. Their approach leverages native photonics to connect each qubit, reducing inter-qubit noise and enhancing computational power, allowing for deployment in standard data centers and reducing costs. Additional information is available in an article posted on the Ctech website here.
July 25, 2024
Kipu Quantum Develops Advanced Quantum Algorithms for BASF’s Logistics Optimization
Kipu Quantum, a German quantum software company, is advancing BASF’s logistics optimization using its novel quantum algorithms. By implementing a digital compression method, Kipu enhances the search for optimal solutions through quantum dynamics encoded into digital quantum computers. In collaboration with BASF, the world’s largest chemical company, Kipu addressed robot scheduling for laboratory floors and the traveling salesperson problem. Utilizing the Digitized Counterdiabatic Quantum Optimization (DCQO) approach, Kipu’s algorithms outperformed traditional methods like QAOA in these scenarios. For the remainder of our article on this, click here.
July 25, 2024
PsiQuantum to Build US-Based Utility-Scale Quantum Computer in Chicago
PsiQuantum announced a partnership with the State of Illinois, Cook County, and the City of Chicago to build a US-based utility-scale, fault-tolerant quantum computer at the former US Steel South Works site in Chicago. This project will anchor the newly established Illinois Quantum and Microelectronics Park (IQMP), enhancing the state’s quantum ecosystem, including UIUC, the University of Chicago, Argonne and Fermi national labs, and DARPA. The Illinois fiscal year 2025 state budget allocates $500M for developing the Quantum Park, with $200M dedicated to building a Cryogenic Plant. PsiQuantum, as the anchor tenant, will establish a Quantum Computer Operations Center covering over 300,000 square feet, supported by over $500M in incentives over 30 years to facilitate rapid development and commissioning. For the full article, click here.
July 24, 2024
Classiq and QuEra Integrate QuEra’s Neutral-Atom Quantum Computers into the Classiq Platform
Classiq Technologies and QuEra Computing have announced a strategic collaboration to integrate QuEra’s neutral-atom quantum computers into the Classiq platform. This integration allows customers to optimize quantum and hybrid algorithms for QuEra’s advanced technology, leveraging features such as multi-qubit operations and qubit shuttling. Users will also have access to Classiq’s pre-written algorithmic blocks and resource estimation tools, enabling efficient algorithm creation. Read our full article here.
July 24, 2024
Classiq Launches Qmod: The First High-Level Language for Quantum Programming
Classiq Technologies has announced the release of Qmod (Quantum Modeling Language), the first high-level language (HLL) for quantum coding, now available to developers, researchers, and enterprises worldwide. Qmod enables advanced quantum modeling by allowing developers to describe quantum algorithms at a high level of abstraction, integrating quantum computing concepts with conventional programming constructs. This approach simplifies quantum programming by letting developers focus on the functional intent of their algorithms while Classiq’s compiler and synthesis engine manage the complex hardware implementation. Read the rest of our article here.
July 24, 2024
Singapore and Quantinuum Sign MoU to Access Advanced Quantum Computing for Computational Biology
Singapore’s National Quantum Office (NQO), A*STAR, NUS, NSCC, and Quantinuum have signed an MoU granting access to Quantinuum’s advanced quantum computers. The collaboration aims to enhance quantum computing use cases, particularly in computational biology, leveraging Quantinuum’s H-Series and Helios quantum processors. This partnership will facilitate the development of hybrid computing solutions and promote training and outreach to nurture quantum talent in Singapore. The MoU enables scientists from A*STAR’s Bioinformatics Institute, CQT at NUS, and Duke-NUS Medical School to use Quantinuum’s machines to model complex biological systems, advancing drug discovery and personalized medicine. Quantinuum plans to establish an R&D presence in Singapore, fostering knowledge exchange and further quantum developments. Click here for more.
July 23, 2024
Supercomputer and Quantum Computer in Harmony: Austria Celebrates First Successful Integration into High-Performance Computing Environment
The University of Innsbruck and spin-off AQT have integrated a quantum computer into a high-performance computing (HPC) environment for the first time in Austria. This hybrid infrastructure, combining supercomputer and quantum computer, can now address complex problems in fields such as chemistry, materials science, and optimization. The integration was achieved through the FFG-funded HPQC project, interfacing the University of Innsbruck’s “LEO5” computing cluster with AQT’s “IBEX Q1” quantum computer. This milestone facilitates future research and development on quantum-enabled solutions within heterogeneous infrastructures, expanding user access and application potential. Click here for the full article.
July 23, 2024
Universal Quantum Develops First Commercial ASIC Chip for Million-Qubit Scale Quantum Computing
Universal Quantum has announced a significant advancement in trapped-ion quantum computing by developing the first commercial Application-Specific Integrated Circuit (ASIC) chip designed for integration into their Quantum Processing Units (iQPUs). This ASIC chip features UQConnect, a link technology that transfers qubits between chip modules at a world record rate of 2400 1/s with 99.999993% fidelity, and UQLogic, a microwave technology for controlling qubits at any scale. The chip aims to solve the ‘wiring problem’ in quantum computing and operates at 70K, enhancing quantum error correction by a factor of six. Click here for more.
July 23, 2024
IonQ Unveils Expanded Roadmap and New Technical Milestones to Advance Quantum Computing Performance, Scalability, and Enterprise Readiness
IonQ has announced an accelerated roadmap and new technical milestones aimed at advancing commercial quantum computing. In an exclusive webinar, CEO Peter Chapman, SVP of Engineering & Technology Dean Kassmann, and CMO Margaret Arakawa outlined the company’s unique approach that integrates performance, scalability, and enterprise-grade solutions to achieve commercial quantum advantage. Read our article here for more information about this roadmap.
July 20, 2024
Quantum Delta NL Awarded €273 Million ($297M USD) for the Third Phase of Its Program to Build and Expand Quantum Tech in The Netherlands
Quantum Delta NL (QDNL) is a quantum ecosystem in The Netherlands with the mission to create significant societal impact through advancements in quantum technology. They have been awarded a €273 million investment from The National Growth Fund (NGF) of the Dutch government to continue their with Phase 3 of their work. This brings the total amount of funding for the organization to €615 million ($670M USD) since 2021. Click here for the more about QDNL and this award.
July 18, 2024
Strangeworks Opening an Office in Japan and Announces Partnership with NEC to Resell NEC’s Vector Annealing Service
Strangeworks announces an expansion of its global operations by becoming the first international reseller of NEC’s quantum-inspired Vector Annealing Service. Strangeworks will be offering this Vector Annealing Service to its customers in U.S., Europe, and Asia. Additionally, the company is opening a new office in Tokyo, Japan, to strengthen its presence in the Japanese market and enhance global accessibility to advanced optimization technologies. Click here for more.
July 18, 2024
IBM is Joining Fermilab’s SQMS Center to Collaborate on Superconducting Quantum Systems and Workforce Development
IBM plans to join Fermilab’s Superconducting Quantum Materials and Systems (SQMS) Center, a DOE National Quantum Information Science Research Center, to accelerate the development of superconducting quantum systems and expand quantum workforce development programs. The partnership has been approved by the U.S. Department of Energy Office of Science. SQMS is a leading national and international research center focused on superconducting quantum systems, with IBM contributing its expertise in superconducting quantum computing technology. The partnership will focus on five critical areas: large-scale cryogenics, superconducting qubit noise sources, quantum interconnects, quantum computing applications for fundamental physics, and workforce development. Click here for the rest of the article.
July 18, 2024
QuiX Quantum Secures Up To €17.5 Million ($19.07 million USD) EIC Accelerator Funding to Advance Photonic Quantum Computing
QuiX Quantum has been selected for funding from the e European Innovation Council (EIC) Accelerator program , which offers up to €17.5 million ($19.07 million USD) in combined grant and equity financing, according to CFO Kathy Willing. This funding will accelerate their research and development, bringing them closer to realizing the potential of photonic quantum computing. Read our full article here.
July 18, 2024
Quandela and Welinq Forge Strategic Partnership to Advance Photonic Quantum Computing with Custom Quantum Interconnects
Quandela, a leader in photonic quantum computing, and Welinq, a pioneer in quantum networking, have announced a strategic partnership aimed at advancing quantum computing technologies. This collaboration merges Quandela’s expertise in photonic quantum processors with Welinq’s state-of-the-art quantum interconnect technology, specifically designed to create tailored quantum links for photonic quantum computers. For more on how the technologies from these two companies will work together, click here.
July 17, 2024
Riverlane and Atlantic Quantum Forge Strategic Partnership to Advance Quantum Error Correction Using Fluxonium Architecture
Riverlane, a leader in quantum error correction technology, and Atlantic Quantum, known for their superconducting fluxonium-based qubit architecture, have announced a strategic partnership. This collaboration aims to advance quantum error correction techniques crucial for achieving practical quantum computing. Click here for more details about this partnership.
July 16, 2024
Who’s News: Management Updates at QuEra, Oxford Quantum Circuits, and Nord Quantique
QuEra has named a new Acting CEO, Oxford Quantum Circuits has added a new member to its Board of Directors, and Nord Quantique has given three individuals new roles to serve as CBO, CEO, and CTO. Click here to read our report about these management changes.
July 16, 2024
State of Illinois Signs Agreement with DARPA to Set Up and Fund a “Quantum Proving Ground”
The State of Illinois has signed a Memorandum of Agreement with the U.S. Defense Advanced Research Projects Agency (DARPA) to set up and provide significant funding for a campus to be named the “Quantum Proving Ground”. This site will be used for DARPA’s Quantum Benchmarking Initiative where companies will research and test quantum computer prototypes. The site is planned to have shared cryogenic facilities, equipment labs, and spaces for companies and universities to perform research and demonstrate their progress. Read our full article here.
July 16, 2024 – News Brief
Infleqtion Installs a Quantum Computer at the UK’s National Quantum Computing Centre
We had reported in February that the UK government had made awards to seven companies totaling £30 million ($38.9M USD) for installation of quantum processors at the UK National Quantum Computing Centre by March 2025. Now, Infleqtion has announced that it is the first one to deploy their installation using the company’s neutral atom quantum technology. NQCC will also be using Infleqtion’s Superstaq software and Infleqtion will also be participating in the upcoming UK Quantum Hackathon on July 22-24, 2024. For additional information, read Infleqtion’s press release posted on their website here.
July 16, 2024
QC Design Secures €4M ($4.35M USD) Funding from EIC Accelerator for Design Automation Tools for Fault Tolerant Quantum Computing
QC Design, a leader in quantum design automation software, has secured €4 million ($4.35 million USD) in funding through the prestigious EIC Accelerator program by the European Innovation Council. This funding aims to support the further development of their Plaquette quantum design-automation software and architectures for fault-tolerant quantum computing. Plaquette is crucial for hardware manufacturers, helping them optimize logical qubits and architectures despite imperfections in physical qubits and gates. For more about this funding, click here.
July 15, 2024
IQM Demonstrates Continued Improvement in Qubit Quality
IQM has continued with improvements in their qubit technology and have announced new results in their qubit fidelity and qubit coherence times that are competitive with some of the very best results reported in the industry so far. Specifically, they have reports achieving qubit relaxation times (T1) of 0.964 ± 0.092, T2 echo dephasing times of 1.155 ± 0.188 milliseconds and two-qubit gate fidelities reaching 99.91% ± 0.02. The two-qubit gates were implemented as CZ gates with the measurements verified by randomized benchmarking. Click here for more.
July 13, 2024
Infleqtion Sells First Tiqker Quantum Clock in the UK
Infleqtion has announced it has sold its super accurate Tiqker quantum clock to the University of Strathclyde in the UK. Tiqker is a cold-atom rubidium based atomic clock that provides long term frequency stability of under 5×10-15 with low phase noise. This technology would compete with Cesium-133 beam clocks that are widely used in critical frequency standard applications. Uses of such a high accuracy frequency standard include use in navigation systems designed to operate in GPS denied environments, providing an accurate frequency reference, and timing synchronization between data centers, 6G base stations, and backbone networks. The unit is compact and fits into a 3U rack panel and weighs less than 50kg. A press release from Infleqtion announcing this delivery can be seen here. In addition, a web page describing the units can be accessed here along with a data sheet for it is available here.
July 12, 2024
Oxford Ionics Sets New Records for Qubit Gate Fidelities
UK quantum hardware startup, Oxford Ionics, has released performance results from their latest prototype device showing new records for qubit gate fidelity. For single qubit gates they achieved a fidelity of 99.99916% and for two-qubit gates they achieved a fidelity of 99.97%. This is slightly better than the previous record we had seen for two-qubits gates which was 99.914% achieved in April by Quantinuum. Read our full article about Oxford Ionic’s development here.
July 11, 2024
Kipu Quantum Acquires Anaqor AG’s PlanQK Platform to Accelerate Creation of Quantum Solutions for Industry
Kipu Quantum, a leading quantum software company, announced the acquisition of PlanQK, a German quantum computing platform developed by Anaqor AG, along with key team members. This strategic move follows Kipu Quantum’s €11.4 million seed funding round, enhancing their ability to provide accessible quantum computing solutions to a wide range of organizations, including industrial, academic, and governmental sectors. For additional details, read our full article here.
July 11, 2024
Iberdrola and Multiverse Computing Successfully Complete Pilot Project to Optimize Grid-Scale Battery Installation
Iberdrola, a leading clean energy company, and Multiverse Computing, a quantum computing solutions provider, have successfully completed a pilot project in northern Spain to optimize the installation of grid-scale batteries. The project, overseen by Iberdrola’s distribution company i-DE, utilized quantum and quantum-inspired algorithms to determine the optimal number, type, and locations of batteries on the electricity grid in Guipuzkoa. Over a ten month pilot period, the both quantum annealing and quantum-inspired algorithms improved grid reliability and voltage control while reducing costs compared to classical benchmarks. For additional information about this project, click here for the rest of our article about it.
July 11, 2024
Zurich Instruments and Qruise Partner to Make Quantum Processor Tune-Up and Operation Easier
Qruise and Zurich Instruments have announced a partnership to advance quantum computing development by integrating Qruise’s Machine Learning Physicist with Zurich Instruments’ Quantum Computing Control System. This collaboration aims to streamline quantum processor tune-up, enhancing the path to practical quantum computing. The integration combines Qruise’s automation technologies with Zurich Instruments’ control system with the recently developed SHF+ product line, enabling scalable, high-fidelity qubit control. Qruise’s software works with Zurich Instruments’ LabOne Q to facilitate high-speed sweeps, real-time signal precompensation, and parallel tune-ups. For additional information on how the Qruise software creates a digital twin of the QPU, click here to view the rest of the article.
July 11, 2024
Quantinuum and STFC Hartree Centre Form Strategic Partnership to Propel Quantum Innovation in the UK
Quantinuum and the STFC Hartree Centre have announced a partnership to boost quantum innovation in the UK. This collaboration grants Hartree Centre access to Quantinuum’s H-Series quantum computers via the cloud and on-premise. The partnership will foster advancements in quantum chemistry, computational biology, AI, and cybersecurity, enhancing scientific research and economic growth. Click here for more.
July 10, 2024
EDF, Quandela, Alice & Bob, and CNRS Collaborate on €6.1 Million ($6.542M USD) Project to Enhance Quantum Computing Energy Efficiency
EDF, in partnership with Quandela, Alice & Bob, and CNRS, has embarked on a groundbreaking €6.1 million ($6.542M USD) project named “Energy Optimization of Quantum Circuits” (OECQ), supported with a grant of up to €4.5 million ($4.87M USD) from France 2030 through Bpifrance. The primary objective of OECQ is to evaluate and enhance the energy efficiency of quantum computing systems in comparison to traditional high-performance computing (HPC) methods. This initiative represents a critical milestone in quantifying the energy requirements of quantum processors across real-world applications such as optimization, physical simulation, and material science. For more about this program, read our full article here.
July 9, 2024
CMA CGM and Pasqal Partner to Enhance Maritime Logistics with Quantum Computing
CMA CGM Group and Pasqal have announced a strategic partnership to integrate quantum computing technologies into maritime and logistics operations. This collaboration includes the creation of a Quantum Computing Center of Excellence at CMA CGM’s TANGRAM innovation hub, equipped with Pasqal’s quantum processor. CMA CGM will also invest in Pasqal, underscoring the partnership’s commitment to leveraging quantum computing for enhanced efficiency in container management and overall logistics operations. Click here for more.
July 9, 2024
Riverlane Discloses Its Quantum Error Correction Roadmap Through 2026
Riverlane has released its Deltaflow Error Correction Stack Roadmap that show yearly updates to the technology to support an increase in the number of QuOps (error free Quantum Operations) by 10X every year. We reported last year on a chip called DD1 that is part of their Deltaflow 1 solution that is capable of supporting 1,000 QuOps using a surface code error correction algorithm. And now, Riverlane is defining solutions that will achieve 10,000 QuOps with Deltaflow 2 later this year, 100,000 QuOps with Deltaflow 3 in 2025, and 1,000,000 QuOps, also called MegaQuops in 2026, with their Deltaflow Mega solution. Click here for our full article covering this announcement.
July 9, 2024
Zapata AI and D-Wave Expand Partnership to Enhance Generative AI with Quantum Computing
Zapata Computing Holdings Inc. (Zapata AI) and D-Wave Quantum Inc. have announced an expanded partnership aimed at accelerating the development and delivery of integrated quantum and generative AI solutions on D-Wave’s Leap™ cloud platform. The collaboration leverages Zapata’s Universal Generative AI software and D-Wave’s real-time quantum cloud service to enhance quantum, hybrid quantum, and classical AI solutions. This initiative focuses on improved and energy-efficient model training, more performant models, and the synergistic use of Generative AI and quantum optimization. Click here for the rest of our article with more details about what is involved with this partnership.
July 8, 2024
planqc Secures €50 Million ($54.167 Million USD) in Series A Funding to Advance Atom-Based Quantum Computing
planqc, a pioneer in digital atom-based quantum computing headquartered in Munich’s Quantum Valley, has successfully raised €50 million ($54.167 million USD) in Series A funding. The investment round, led by CATRON Holding and DeepTech & Climate Fonds (DTCF), along with contributions from Bayern Kapital, Max-Planck Foundation, and other private investors including existing backers UVC and Speedinvest, marks a significant endorsement of planqc’s technological prowess. Additionally, the funding includes a non-dilutive grant from Germany’s Federal Ministry of Education and Research (BMBF), highlighting governmental support for quantum innovation. For more about planqc and how they plan on using the funds, click here.
July 5, 2024
Fujitsu and ANU Collaborate to Establish World-Leading Quantum Computing Research Center in Australia
Fujitsu Australia Limited and The Australian National University (ANU) have signed a memorandum of understanding (MoU) to establish a cutting-edge quantum research facility in Australia. This collaboration aligns with Australia’s National Quantum Strategy, aiming to foster local innovation and talent development in the quantum technology sector. Read our full article here.
July 3, 2024
Advancement in Quantum Error Correction by Quantinuum and CU Boulder
Quantinuum and the University of Colorado Boulder have advanced quantum error correction by implementing a high-rate non-local quantum Low Density Parity Check (qLDPC) [[25,4,3]] code on the H2 quantum processor. The [[25,4,3]] notation refers to the use of 25 physical qubits to encode 4 logical qubits with a distance between codewords of 3. The four error-protected logical qubits were entangled in a GHZ state and achieved better fidelity than if physical qubits were used without the error correction. This achievement marks the first time anyone has entangled four logical qubits with superior fidelity to their physical counterparts. For more, click here.
July 3, 2024
Xanadu Forges Strategic Alliances with NanoQT and QsSunaSys to Propel Quantum Computing Advancements in Japan
Xanadu has announced strategic partnerships with two prominent Japanese companies, Nanofiber Quantum Technologies (NanoQT) and QunaSys, aimed at advancing quantum computing capabilities in Japan. These collaborations are poised to accelerate quantum theory research and software development using Xanadu’s pioneering open-source framework, PennyLane. For the specifics of what areas these two partnerships will cover, click here to read the read of our article.
July 3, 2024
Quantum Circuits Inc Introduces the Dual-Rail Qubit: A New Type of Superconducting Qubit With Built-in Error Detection
Quantum Circuits has unveiled its latest innovation in quantum computing: the Dual-Rail Qubit (DRQ), showcased in a recent publication in Nature Physics. This new qubit design integrates built-in error detection, a feature critical for advancing towards fault-tolerant quantum computing. The DRQ achieves exceptional performance metrics, including reducing phase errors frequency by 30X, bit-flip error frequency by 1000X, and achieving state preparation and measurement (SPAM) fidelities of up to 99.99%. Read our full article here.
July 3, 2024 – News Brief
Kvantify Closes a €10 Million ($10.8M USD) Seed Round
Danish quantum software startup Kvantify has secured €10 Million ($10.8M USD) in seed funding in a round led by Danish VC Dreamcraft and biotech investor Lundbeckfonden BioCapita. Other participants in the funding in include Redstone VC, 2xN, and EIFO. Kvantify is a quantum software startup focusing on life science applications for such problems as drug discovery. They are developing quantum algorithms for chemical simulations which are very useful for the life sciences applications as well as applications in other industries. The amount of this funding is a little bit larger than most seed rounds. The company will be using the funds to accelerate the development and growth of their technology and to bring the solutions to market. A press release announcing this funding has been posted on the company’s website here.
July 2, 2024
Elevate Quantum Consortium Wins $127.5 Million in Federal and State Government Funding
Elevate Quantum, a consortium of organizations promoting quantum technology in the U.S. Mountain West (Colorado, New Mexico, and Wyoming) has won a Tech Hub Phase 2 grant of $40.5 million from the U.S. US Department Of Commerce’s Economic Development Administration (EDA) as part of a $504 million program that designated 12 tech hubs in a variety of different technical areas throughout the United States. In addition, the state of Colorado is providing funding of $77 million broken as $44 million for a Rapid Prototyping and Low-Volume Manufacturing Lab and $30 million state loan guarantee program. Also, the state of New Mexico is providing $10 million to support the construction of a photonics packaging facility and local workforce development. For additional details about these awards, click here for the rest of the article.
