OQC Raises £260 Million in Series C
Insider Brief PRESS RELEASE — OQC today announced it has closed an oversubscribed £260 million ($350m) Series C funding round, Europe’s largest ever private funding round for a quantum computing company. The investment establishes OQC as one of the world’s best-capitalised private quantum computing companies, enabling the expansion of its deployed systems in key markets. […]
Anyon Technologies and Q-CTRL Deliver Modular, Self-Calibrating Hybrid Quantum Supercomputers for Enterprise Data Centers
Insider Brief PRESS RELEASE — Anyon Technologies, a vertically integrated superconducting quantum supercomputing company founded by pioneers from Caltech and UC Berkeley, and Q-CTRL, the global leader in quantum infrastructure software, today announced a strategic partnership to bring full autonomy to Anyon’s tightly GPU-coupled quantum supercomputing systems for data center deployment at scale. As quantum […]
Quobly Secures €115 Million Series A to Bring Silicon-Based Quantum Computers to Market
Insider Brief PRESS RELEASE — Quobly, a French quantum computing company, today announced the closing of a €115 million Series A financing to accelerate the industrialization of its silicon-based quantum computers and bring its first commercial product to market by the end of 2026. From technology validation to commercial deployment at scale This Series A […]
Microsoft Reports Advances in Majorana 2 Following Debate Over Last Year’s Topological Claims
Insider Brief Microsoft is reporting that it has achieved a more than 1,000-fold improvement in the stability of its topological qubits, a result the company argues brings its long-debated quantum computing approach significantly closer to practical machines and supports a roadmap targeting a scalable quantum computer by 2029. The announcement, detailed in a Microsoft technical […]
Aliro Appoints Fahri Diner to Board of Directors
Insider Brief PRESS RELEASE — Aliro, The Quantum Networking Company® and developer of a carrier-class quantum network operating system, today announced the appointment of Fahri Diner to its Board of Directors. Diner is a serial entrepreneur, venture capitalist, and accomplished figure in the history of optical networking. Diner’s appointment reflects Aliro’s continued momentum as the […]
IQM and Real Asset Acquisition Corp. Announce Upsized $146 Million PIPE with New Commitment from Ilmarinen
Insider Brief IQM Finland Oy, a global leader in full-stack superconducting quantum computers (“IQM”, “IQM Quantum Computers” or the “Company”) and Real Asset Acquisition Corp. (Nasdaq: RAAQ), a special purpose acquisition company (“RAAQ”), today announced an additional PIPE commitment from Ilmarinen in connection with the previously announced business combination between IQM and RAAQ. Ilmarinen’s new commitment comes […]
Zapata Quantum Announces New Product and Commercial Leadership
Insider Brief PRESS RELEASE — Zapata Quantum (OTC: ZPTA) (“Zapata,” “Zapata Quantum” or the “Company”), a leader in quantum computing algorithm and application development, today announced the appointment of Jhonathan Romero Fontalvo, Ph.D.as Vice President of Product and Ian Rotondi-Gray as Senior Director of Partnerships and Go-To-Market Strategy, further strengthening the Company’s product development and commercial execution […]
Rice Researchers Report Dressing Matter With Light Could Lead to Large-Scale Entanglement
Insider Brief PRESS RELEASE — Quantum entanglement is a state in which particles are entwined with each other. In this entwined state, the properties of one particle influence the other, even when they aren’t physically close to each other. This phenomenon has often been observed in small quantum systems with only a few particles in […]
Researchers Develop Cobalt-Based Material for Quantum Computing Research
Insider Brief PRESS RELEASE — Honeycombs are famous for their elegant design, but now they may have found a new application: quantum computing. To collect knowledge from subatomic particles, quantum computers require carefully designed materials capable of performing necessary, complex functions. However, the metals used, such as ruthenium and iridium, are often rare and expensive, […]
European Photonics Firms Target Advance in Quantum Networking
Insider Brief PRESS RELEASE — Quantum Optics Jena has launched a new initiative to shrink quantum security onto a silicon chip by making quantum-secure communications smaller, cheaper and easier to deploy by integrating core quantum key distribution (QKD) functions into compact modules suitable for data centres, campus networks and critical infrastructure. Supported and co-financed by the European […]