TQI Quarterly Report Documents Record-Breaking Q1 2022
The Quantum Quarterly Q1 2022 by The Quantum Insider
Big news on mergers and partnerships. Impressive research advances. Huge investments. Large acquisitions. Massive spinouts.
And that was just March.
The quantum industry progressed at a breakneck pace in the first quarter of 2022, as the TQI quarterly report documents.
In the first quarter of 2022, $700 million of new private capital flowing into quantum technology companies. There were 18 newly disclosed private funding rounds.
The report also looks at the Sandbox AQ spinout from Google and the official listing of Rigetti on NASDAQ, among other business news. Research advances include Microsoft Azure Quantum’s work on topological qubits.
You can view the 2022 Quarterly Report here.
For more market insights, check out our latest quantum computing news here.
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Matt Swayne
With a several-decades long background in journalism and communications, Matt Swayne has worked as a science communicator for an R1 university for more than 12 years, specializing in translating high tech and deep tech for the general audience. He has served as a writer, editor and analyst at The Quantum Insider since its inception. In addition to his service as a science communicator, Matt also develops courses to improve the media and communications skills of scientists and has taught courses.
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MENTIONED IN THE ARTICLE
Rigetti Computing
Rigetti Computing develops integrated quantum computers and superconducting processors specialized for complex aerospace optimization and satellite communication tasks, including collaborations with the U.S. Air Force. Founded in 2013, the firm produces modular, multi-chip processors internally and provides cloud-based access for large-scale, complex simulations.
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Microsoft
Microsoft engages in the creation and licensing of software for both consumer and enterprise use. The company is renowned for its development of Windows operating systems and the Office suite designed for productivity. Microsoft's structure encompasses three major segments of roughly equal size: productivity and business processes, which encompasses legacy Microsoft Office, cloud-based Office 365, Exchange, SharePoint, Skype, LinkedIn, and Dynamics; the intelligence cloud, which includes offerings like Azure, Windows Server OS, and SQL Server; and more personal computing, which covers Windows Client, Xbox, Bing search, display advertising, and a range of Surface laptops, tablets, and desktops.
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