Qubic, a quantum technology company, has secured a $925,000 CAD ($687K USD) grant from the Government of Canada through its department of Innovation, Science and Economic Development (ISED) and the FABrIC program, administered by the Canadian Microelectronics Corporation […]
The University of Chicago and its partners have been awarded a $4 million grant from the National Science Foundation (NSF) to enter the next phase of the Quantum Advantage-Class Trapped Ion System (QACTI) project. The […]
Honeywell has announced an approximately $600 million equity capital raise for Quantinuum at a pre-money equity valuation of $10 billion. The funding round was joined by new investors Quanta Computer, NVentures (NVIDIA’s venture capital arm), […]
IonQ (NYSE: IONQ), in collaboration with Element Six, a De Beers Group company, has developed high-quality, quantum-grade diamond films. These films are compatible with standard semiconductor manufacturing techniques, representing an advancement in creating hardware for […]
A team of physicists at the Hebrew University of Jerusalem’s Racah Institute of Physics, in collaboration with scientists from Los Alamos National Laboratory, has developed a new approach for quantum encryption. The research, published in […]
Zapata Quantum, Inc. (formerly Zapata Computing Holdings, Inc.) has announced the completion of the first phase of its strategic restructuring plan. This includes the completion of a $3 million senior secured convertible bridge financing with […]
QuantrolOx, a provider of software for automated tuning and characterization of quantum processors, and the Centre for Development of Advanced Computing (C-DAC), India’s R&D organization, have signed a Letter of Intent (LoI). The LoI establishes […]
Maybell Quantum, a quantum infrastructure company, has announced a $40 million Series B financing round led by Addition. The investment will accelerate Maybell’s commercialization of its cryogenic and RF systems, which are foundational components for […]
IQM Quantum Computers has announced that it has raised $320 million (€275 million) in a Series B funding round, bringing the company’s total funding to date to $600 million. The round was led by the […]
The Andhra Pradesh government has approved a proposal from IBM to install a 133-qubit, 5K-gate quantum computer at the Amaravati Quantum Computing Centre (AQCC). This decision was formally endorsed by the State Quantum Mission, chaired […]
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