Horizon Quantum Computing, a developer of quantum software tools, has signed a non-binding letter of intent (LOI) with dMY Squared Technology Group, a publicly traded special purpose acquisition company (SPAC), for a business combination. The transaction […]
The Technology Innovation Institute (TII) in Abu Dhabi has developed a quantum optimization solver capable of addressing large-scale combinatorial optimization problems using only 17 qubits. The solver, detailed in a study published in Nature Communications, encodes 7,000 binary variables into a small number […]
Bluefors, a leading manufacturer of cryogenic measurement systems, has opened a new lab facility in Chicago, marking the first U.S. location for its Bluefors Lab service. The facility provides startups, research groups, and organizations with access to cryogenic […]
Quantum Machines (QM), a leading provider of quantum control solutions, has raised $170 million in a Series C funding round, bringing its total funding to $280 million. The round was led by PSG Equity, with […]
ORCA Computing, a leader in quantum computing, has partnered with Toyota Tsusho Corporation, a member of the Toyota Group, to provide PT Series photonic quantum systems to customers in Japan and the Asia Pacific region. Toyota Tsusho, a […]
QuEra Computing, a leader in neutral-atom quantum computing, has announced a strategic collaboration with Deloitte Tohmatsu Group to advance quantum technology adoption in Japan. The partnership, supported by an investment from Deloitte Tohmatsu Financial Advisory LLC, aims to […]
QuantWare, a leader in providing superconducting QPU components, has introduced Contralto-A, a 17-qubit Quantum Processor Unit (QPU) designed for quantum error correction. The QPU features flux-tunable transmon qubits and tunable couplers, enabling high-fidelity operations and supporting distance-3 surface code implementations. This makes […]
SemiQon, a Finnish quantum technology startup, has raised €17.5 million ($18.3 million USD) in funding, including €15 million ($15.7 million USD) in equity and €2.5 million ($2.6 million USD) in grants from the European Innovation Council (EIC). The funding will support the […]
Quantum Brilliance has appointed Dr. Andrew Dunn as Chief Operating Officer. Dunn, formerly UK Country Manager at Quantum Brilliance, will lead operational execution and develop strategic partnerships in the semiconductor ecosystem to accelerate adoption of […]
EeroQ has developed new microwave resonators designed to enhance the speed and accuracy of qubit readout in its electrons-on-helium quantum computing platform. Published in Physical Review Applied, the research demonstrates resonators fabricated using titanium nitride, a superconducting material with high kinetic […]
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