Insider Brief IonQ reported $43.1 million in 2024 revenue, nearly doubling from the prior year, while posting a net loss of $331.6 million as it continues expanding in quantum networking. The company exceeded its bookings […]
IonQ has announced its Q4 and full year 2024 financial results. A quick summary of some key financial metrics comparing Q4 2024 versus Q3 2024 and the year ago quarter of Q4 2023 as well as […]
Turkcell, Turkey’s leading telecommunications provider, and ID Quantique, a global leader in quantum-safe security, have successfully demonstrated the world’s first intercontinental Quantum Key Distribution (QKD) over a fiber-optic link in Istanbul, a city that is located on two […]
Q-CTRL Expands Quantum Education and Error Correction Tools in India Through ELTECH Partnership0 (0)
Q-CTRL has partnered with ELTECH Consulting, a Bangalore-based firm, to expand access to its quantum education and error correction tools in India. ELTECH will serve as an authorized re-seller of Q-CTRL’s Black Opal and Fire Opal software, which are designed to […]
Malaysia’s Ministry of Science, Technology and Innovation (MOSTI), through its national research institute MIMOS, has partnered with South Korean quantum technology company SDT to establish the Quantum Intelligence Centre, the country’s first quantum technology hub. […]
PsiQuantum has introduced Omega, a manufacturable chipset designed for utility-scale, million-qubit quantum computers. Featured in a paper published in Nature, the chipset integrates advanced components, including high-performance single-photon sources, superconducting detectors, and low-loss optical switches, into a high-volume […]
QT Sense, a Groningen-based startup, has secured €6 million ($6.3M USD) in funding to advance its quantum sensing technology for disease diagnostics at the single-cell level. The funding includes equity investment from QDNL Participations, a quantum-focused […]
New York University Abu Dhabi (NYUAD), through its Center for Quantum and Topological Systems (CQTS), has partnered with Kipu Quantum to integrate the PLANQK platform, becoming the first Middle Eastern institution to join Kipu’s Quantum Pioneer Program. The collaboration, facilitated […]
Welinq and QphoX have announced a partnership to create optical quantum interconnects for superconducting quantum computers, enabling the connection of multiple quantum processors into scalable clusters. This collaboration addresses the challenges of scaling quantum systems by linking smaller quantum processing […]
Nu Quantum has launched the Quantum Data Centre Alliance (QDA), bringing together leading companies across the quantum computing stack to address the challenges of scaling quantum systems. Founding members include Cisco, NTT Data, OQC, QphoX, Quantinuum, and QuEra, representing diverse technologies such as […]
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