IonQ has announced its Q2 2024 financial results. A quick summary of some key financial metrics comparing Q2 2024 versus Q1 2024 and the year ago quarter of Q2 2023 is shown in the chart below. […]
Tag: quantumcomputingreport
We have reported recently on many developments in fault tolerant computer research with many different codes such as the surface code and q-LDPC (Quantum Low Density Parity Check) being researched. But a big concern about […]
QuEra Computing’s latest research highlights accelerated advancements in quantum computing, with over 51% of surveyed quantum professionals noting faster progress than anticipated. The report indicates that 40% of experts expect quantum computing to surpass classical […]
LightSolver has secured €12.5M from the European Innovation Council (EIC) Accelerator Program to advance its pioneering all-optical processor. The funding includes an initial €2.5 million grant from the EIC Fund and a future equity investment […]
The Applied Research Laboratory for Intelligence and Security (ARLIS), based at the University of Maryland has awarded an initial $5.7 million contract to IonQ to design a networked quantum computing system for the Department of […]
Davidson Technologies and D-Wave Quantum Inc. received robust support from local and federal lawmakers for their initiative to bring advanced quantum computing to Huntsville, Alabama. At the Space and Missile Defense Symposium, Huntsville Mayor Tommy […]
Riverlane, a global leader in quantum error correction (QEC) technology, announced the successful raising of $75 million in Series C funding. The round was led by Planet First Partners, with participation from ETF Partners, EDBI, […]
Terra Quantum, a leader in quantum technology, has been awarded a competitive Small Business Innovation Research (SBIR) contract to explore the feasibility of a quantum-resistant communication network for the U.S. Department of the Air Force (DAF). […]
A question we often hear at GQI is “When will we start witnessing quantum advantage where users are regularly relying on quantum technology for commercial use?” The answer to that question relies on two factors. […]
At GQI we see a lot of roadmaps from the quantum providers and fully expect that there will be continuing advances in the capabilities of both quantum hardware and quantum software over the next several […]
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