Orientum, a developer of quantum financial algorithms, has announced plans to develop a middleware platform containing all quantum financial algorithms by 2030. The announcement, made at the AI Festa Quantum 3.0 Forum, outlines a strategy […]
Tag: quantumcomputingreport
Image of an EeroQ quantum device for single electron trapping and control. Credit: Eeroq EeroQ has reported a significant experimental breakthrough for its electron-on-helium quantum computing platform, publishing results this week in Physical Review X […]
by Doug Finke We are starting to hear more and more press releases that claim “Quantum Advantage”. It is great to hear that researchers are making progress in successfully completing more and more complex calculations […]
Atlantic Quantum has announced it will be joining up with Google Quantum AI to accelerate the team’s progress in creating fault tolerant quantum computers. It is not yet known right now what is exactly meant […]
kiutra, a company specializing in cryogenic cooling systems, has secured €13 million ($15.2 million USD) in a financing round, which brings its total private and public funding to over €30 million ($35.2 million USD). The […]
The European Space Agency (ESA) has signed a €50 million ($58.6 million USD) contract with Thales Alenia Space for the preliminary design phase of the Security And cryptoGrAphic (SAGA) mission. The mission is intended to […]
The state of Connecticut has announced an investment of $10 million in QuantumCT, a statewide initiative co-led by UConn and Yale. The funding is part of a larger $50.5 million initiative for the state’s new […]
PINC Technologies, a Caltech spinout company developing advanced integrated nonlinear photonic devices and circuits, has announced the close of its Seed+ funding round, bringing total funds raised to date to $6.8 million. The funding was […]
A new venture capital fund, 55 North, has been launched in Denmark, with a target size of €300 million ($352.5 million USD) and an initial close of €134 million ($157.4 million USD). The fund was […]
The European Telecommunications Standards Institute (ETSI) has approved the creation of a new Technical Committee on Quantum Technologies (TC QT). The committee’s primary objective is to develop specifications that address quantum communications and quantum networks […]
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