Welinq, a leading quantum interconnects company, has secured a significant European Investment Council (EIC) Transition grant of €2.5 million to advance neutral atom quantum memory technology. This grant, part of the Quantum Internet Alliance’s quantum flagship initiative […]
Reticulate Micro, Inc., a commercial and defense technology company, has announced an exclusive partnership with Quantropi, a Canadian cybersecurity company. The collaboration aims to deliver the world’s first post-quantum video encryption solution, addressing the quantum […]
SandboxAQ successfully deployed its AQtive Guard cryptography management platform with SoftBank Corp.’s Advanced Research Group. The platform helped identify cryptographic vulnerabilities in a local government network, uncovering issues such as non-recommended encryption methods and vulnerable […]
QAI Ventures, a Swiss venture capital firm specializing in quantum tech innovation, has announced the signing of a Letter of Intent to launch a global quantum technology accelerator and the opening of its Canadian office […]
Infleqtion has unveiled a new distribution alliance with Laser 2000 UK, a move aimed at broadening the accessibility of Infleqtion’s Quantum Cores products across academic and commercial markets in the UK. Effective as of April […]
IBM Quantum System One Installation at RPI’s Voorhees Computing Center. Credit: IBM We had reported last June that Rensselaer Polytechnic Institute (RPI) had ordered an 127-qubit IBM Quantum ‘Eagle’ processor for on-premise use. Now IBM and […]
Infleqtion has named Matthew Kinsella as their new Chief Executive Officer replacing Scott Faris who has decided to leave the company to focus on quantum industry policy and investments in national security and defense. Mr. […]
Classiq, a leading quantum computing software company, has partnered with Quantum Intelligence Corp. (QIC, Korea) to accelerate drug development through quantum computing applications in pharmacology. Under Classiq’s Quantum Computing For Life Sciences & Healthcare Center, […]
Chart Showing Improvement in Error Rates with this Latest Research. Credit: Quantinuum The race to achieve fault tolerant quantum computing (FTQC) will need many steps in order to cross the goal line and provide a […]
For the full year of 2023, the company achieved revenue of $358 thousand versus revenue of $136 thousand in 2022. Net loss was Net loss was $29.73 million versus a 2022 loss of $38.59 million […]
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