In spite of the typical summer holiday doldrums and the nasty spread of the delta COVID variant, quantum computing and quantum technology companies grew briskly. An estimated $500 million was invested in quantum companies.
A stream of startups are queued up and ready to prepare to become publicly traded companies. In Q3 we’ve seen more of those companies take impressive steps toward going public through special purpose acquisition companies (SPACs) and initial public offerings (IPOs).
Government funding and government programs to back quantum continue to grow. Globally, researchers are working on making technologies more error-proof and making the devices more accessible and more practical.
You can review this quarter’s highlights here.