The Korea Institute of Science and Technology Information (KISTI) has secured a multi-million dollar government award through the “Quantum Computing Service and Utilization System Construction Project.” This initiative is set to establish South Korea’s first […]
The European Union (EU) has selected the SUPREME consortium to advance the industrial production of superconducting quantum chips. Coordinated by VTT (Finland), the consortium comprises 23 partners from 8 Member States. The central objective of […]
IQM Quantum Computers (IQM) has announced a significant upgrade to its IQM Resonance quantum computing cloud platform. The enhancements include the introduction of a 54-qubit quantum computer, powered by the Crystal 54 chip, and the […]
BTQ Technologies Corp. (BTQ) (CBOE CA: BTQ, FSE: NG3, OTCQX: BTQQF) has unveiled its Quantum Proof-of-Work (QPoW) Simulator. This platform is described as the first publicly accessible system that showcases a fully quantum-native mining algorithm […]
Diraq, a startup focused on developing chips for quantum computers, has completed a $15 million capital raise. This funding round includes new investments from the United States and Singapore, with ICM Global Funds and Morgan […]
The Dutch Kansen voor West (KvW) program has invested €1 million ($1.17M USD) in Project HAVIK, a collaborative initiative aimed at achieving state-of-the-art two-qubit gate fidelity. This project brings together three market leaders from Delft: […]
IBM has issued a new minor release, version 2.1, to its Qiskit Software Development Platform. As mentioned in our earlier report last April with the release of Qiskit 2.0, IBM will continue evolve this software […]
SpeQtral, a company developing satellite-based quantum communication technologies, and Thales Alenia Space (a joint company between Thales and Leonardo) have signed a new collaboration agreement. This agreement extends their strategic partnership to further the development […]
MegazoneCloud, an AWS Cloud MSP operating in the Korean cloud market, and Classiq Technologies, a quantum software company, have signed a Memorandum of Understanding (MOU) during Quantum Korea 2025. This strategic partnership is established to […]
QEDMA, an Israeli startup, has closed a $26 million Series A funding round for its quantum noise resilience solutions. The round was led by Glilot Capital Partners through its Glilot+ early growth fund. New investors […]
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