Quantum eMotion Corp. has successfully closed its brokered private placement, raising CA$10 million ($6.9M USD), up from the initially announced CA$6 million, due to increased institutional demand. The offering, led by A.G.P. Canada Investments ULC, […]
Rigetti Computing has entered a strategic collaboration with Quanta Computer, a Taiwan-based Global Fortune 500 company, to accelerate the development and commercialization of superconducting quantum computing. Each company will invest over $100 million over the […]
Engineers at Caltech have achieved a significant milestone in quantum communication by demonstrating a quantum network with two nodes, each containing multiple qubits. The team developed a novel protocol for entanglement multiplexing, enabling parallel quantum information transmission using ytterbium […]
Mitsubishi Electric Corporation has signed a joint research agreement with Quantinuum K.K., Keio University, SoftBank Corp., Mitsui & Co., Ltd., Yokohama National University, and LQUOM, Inc. to develop scalable and deployable quantum information processing technologies. The collaboration aims to connect multiple quantum computers […]
Diagram of the Logical Qubits as Implemented in the Ocelot chip with a Phase-Flip Error Shown in the Middle Cat Data Qubit Amazon Web Services (AWS) has introduced Ocelot, its first-generation quantum computing chip, designed to significantly […]
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 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 […]
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