Origin Wukong Reaches One Million Tasks as China Advances Quantum Security Efforts
Insider Brief China’s Origin Wukong series of superconducting quantum computers has completed more than 1 million global quantum computing tasks, according to a joint statement from the Anhui Provincial Key Laboratory of Quantum Computing Chips and the Anhui Quantum Computing Engineering Research Center in Hefei, Anhui Province, as reported by the Global Times – an […]
France Acquires Alice & Bob Cat-Qubit Quantum Computer for National Research Infrastructure
Insider Brief PRESS RELEASE — Following the announcements made by the President of the French Republic on 22 May at the CEA’s Très Grand Centre de Calcul (TGCC) regarding the second phase of France’s National Quantum Strategy (SNQ), GENCI (Grand Équipement National de Calcul Intensif) and French quantum computing company Alice & Bob signed an […]
Atom Computing and Nu Quantum Partner to Scale Neutral Atom Quantum Computers
Insider Brief PRESS RELEASE — Atom Computing and Nu Quantum today announced a strategic collaboration to build the hardware essential to scaling neutral atom quantum computers to utility. Under the proposed collaboration, formalised via a Memorandum of Understanding (MoU), the companies will explore integrating Atom Computing’s neutral-atom quantum computers with Nu Quantum’s dynamically reconfigurable photonic […]
SandboxAQ Signs Definitive Agreement with the U.S. Department of Commerce for $500 Million CHIPS R&D Award
Insider Brief PRESS RELEASE — SandboxAQ announced today a definitive agreement with the U.S. Department of Commerce’s CHIPS Research and Development Office for a $500 million award to address one of the most urgent challenges in American manufacturing: the foreign control of critical materials and chemistries that are essential to semiconductor manufacturing. The award provides funding […]
EigenQ And Silicon Valley Acquisition Corp. Announce Definitive Business Combination Agreement to Create a Publicly Traded Quantum Technology Company
Insider Brief PRESS RELEASE — EigenQ Inc. (“EigenQ” or the “Company”), a quantum technology company, and Silicon Valley Acquisition Corp. (NASDAQ: SVAQ) (“SVAQ”), a publicly traded blank check company, announced today that they have entered into a definitive Business Combination Agreement (“Business Combination Agreement”) that is expected to result in EigenQ becoming a publicly traded company. […]
Quantum Machines Acquires PCB Engineering and Opens Budapest R&D Hub
Insider Brief PRESS RELEASE — Quantum Machines (QM), whose control systems are used by more than half of the world’s quantum computing companies, today announces the acquisition of Hungarian company PCB Engineering – its second European acquisition in six weeks. The deal establishes a new Budapest R&D hub, allowing Quantum Machines to accelerate its roadmap […]
Element Six And Orbray Accelerate Wafer-Scale Single Crystal Diamond For Volume Production
Insider Brief PRESS RELEASE — Element Six (E6) and Orbray, both leaders in advanced materials, announced the next phase of their partnership, building on a joint vision to deliver wafer-scale single crystal diamond (WSC™) for next-generation applications. This collaboration reinforces Element Six’s position as the partner of choice for advanced diamond wafer solutions. The companies […]
Guest Post: Is Australia Leading The Way in Quantum With Its Deliberate Bet on Manufacturing Economics?
Guest Post by Dr. Kris Naudts, Zeynep Koruturk and Donald Harmitt @ Firgun Ventures. Firgun Ventures is a VC firm investing in Series A/B quantum scale-ups globally. Australia’s quantum reputation has rested for a quarter of a century on world-leading quantum research talent, exemplified by the likes of Michelle Simmons, CEO of Firgun Ventures’ portfolio […]
IQM Deploys Its First U.S. Quantum Computer at Oak Ridge National Laboratory
Insider Brief PRESS RELEASE — The Department of Energy‘s Oak Ridge National Laboratory (ORNL) today launched Pathfinder, the first commercially procured quantum computer at ORNL, built and deployed by IQM Quantum Computers. The 20-qubit IQM Radiance system marks IQM’s first quantum computer installation in the United States. The deployment comes ahead of IQM’s planned listing […]
Atom Computing Raises More Than $300 Million to Accelerate Deployment of Fault-Tolerant, Neutral-Atom Quantum Computers
Insider Brief PRESS RELEASE — Atom Computing today announced it has raised a total funding of more than $300 million to accelerate the development and deployment of commercial-scale fault-tolerant quantum computers. The total includes a $100 million Series C investment round and a signed Letter of Intent with the U.S. Department of Commerce for $100 […]