Category: quantumcomputingreport

IonQ has announced its Q3 2024 financial results. A quick summary of some key financial metrics comparing Q3 2024 versus Q2 2024 and the year ago quarter of Q3 2023 is shown in the chart below. […]

IonQ will acquire the assets of Qubitekk for an undisclosed amount and members of the Qubitekk team will be joining the company. The deal also includes acquisition of Qubitekk’s 118 U.S. and international patents in the […]

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’ […]

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 […]

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 […]

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 […]

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. This financing […]

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 […]

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 […]

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 […]