IonQ, a leader in quantum computing and quantum networking, has raised approximately $372.6 million through its at-the-market (ATM) equity offering program, netting $360 million in proceeds. The company sold 16,038,460 shares of common stock, bringing […]
Oxford Ionics, a leader in trapped-ion quantum computing, has been selected by the UK’s Department of Science, Technology, and Innovation (DSIT) and Innovate UK for the Quantum Missions pilot programme. The Q-Surge project will upgrade the National Quantum Computing Centre (NQCC) testbed with advanced 2D […]
Innovate UK has awarded over £12 million ($15.5 million USD) to 10 projects as part of its Quantum Missions pilot competition, aimed at accelerating the commercialization and adoption of quantum computing (QC) and quantum networks (QN). The funding supports advancements in QC and QN […]
Alice & Bob, a leader in fault-tolerant quantum computing, has announced a significant advancement in cat qubit technology, achieving a 160x improvement in bit-flip error protection through a technique called “squeezing.” This innovation, detailed in a recent preprint, optimizes error […]
Fermioniq, QuiX Quantum, and Deltares have been awarded the Purple Nectar Quantum Challenge, organized and funded by the Dutch Ministry of Defence and the Ministry of Infrastructure and Water Management. The collaboration aims to develop quantum modeling solutions for improved water management […]
Xanadu, a global leader in photonic quantum computing, has joined the National Quantum Laboratory (QLab) at the University of Maryland (UMD) as part of a three-year strategic partnership. The collaboration aims to drive innovation, workforce development, and commercialization in […]
The German Aerospace Center (DLR) and the German Federal Office for Information Security (BSI) have launched the QUANTITY project, a strategic collaboration focused on quantum cryptanalysis. The initiative addresses the growing threat posed by quantum computers to current cryptographic systems, as […]
Quantum Brilliance, a leader in room-temperature diamond quantum computing, and Pawsey Supercomputing Research Centre have developed a hybrid quantum-classical workflow that integrates GPU, CPU, and quantum processing units (QPUs). Powered by NVIDIA GH200 Grace Hopper Superchips, the workflow enables seamless communication between virtual […]
The National Institute of Advanced Industrial Science and Technology (AIST) has signed Memorandums of Understanding (MoUs) with ORCA Computing and Universal Quantum to advance scalable quantum computing technologies. These collaborations aim to address critical challenges in photonic and trapped-ion quantum computing, focusing on industrialization and integration […]
Jij Inc., a Tokyo-based provider of quantum optimization technologies, has established its first overseas subsidiary, Jij Europe Ltd., in the United Kingdom. Located within the Harwell Science and Innovation Campus in Oxfordshire, the new office will serve as […]
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