Lastwall Raises $11.5 Million to Expand Proven Cyber Defense Platform Across North America
Insider Brief PRESS RELEASE — Lastwall, a leader in identity-first security and quantum-resilient solutions, today announced an $11.5 million USD ($16 million CAD) investment round led by the Business Development Bank of Canada (BDC) through BDC Capital’s StrongNorth Fund. The investment positions Lastwall at the forefront of North America’s growing effort to strengthen sovereign cyber […]
Researchers Trap a Single Atom on a Photonic Chip, Opening a Route to Integrated Quantum Optics
Insider Brief: Quantum technologies often advance through small acts of control, such as holding an object still, placing it in the right field, or making it interact with light in a predictable way. In a recently published arXiv preprint, researchers at Quantum Source and the Weizmann Institute of Science report one such act of control […]
D-Wave Awarded Year 2 Microelectronics Commons Project Funding to Advance Superconducting Quantum Innovation
Insider Brief PRESS RELEASE — D-Wave Quantum Inc. (NYSE: QBTS), the only dual-platform quantum computing company providing both annealing and gate-model systems, software and services, today announced that it has been awarded second year funding for the Improved Materials for Superconducting Qubits with Scalable Fabrication (SQFab) project by the Northeast Regional Defense Technology Hub (NORDTECH). Awarded to […]
Quantum Machines Reaches a Performance Milestone on Rigetti Hardware
Insider Brief PRESS RELEASE — Quantum Machines (QM), the global leader in hybrid quantum-classical control solutions, today announced that it has successfully operated Rigetti Computing’s commercially available Novera™ superconducting quantum processing unit using QM’s OPX1000 hardware and QUAlibrate software, reaching 99.5% median two-qubit gate fidelity, paving the path for broader industry adoption. In practical […]
Terra Quantum and Axiom Intelligence Acquisition Corp 1 Announce Definitive Business Combination Agreement at a $3.5 Billion Equity Valuation
Insider Brief PRESS RELEASE — Terra Quantum AG (“Terra Quantum” or the “Company”), a global leader in quantum technologies, quantum security, and AI-driven optimization solutions, and Axiom Intelligence Acquisition Corp 1 (“Axiom”) (NASDAQ: AXINU), a publicly traded special purpose acquisition company, today announced the execution of a definitive Business Combination Agreement (“BCA”) that will result in […]
Honeywell-Backed Quantinuum Files for Landmark Quantum IPO
Insider Brief Quantinuum is set to raise up to $1.05 billion in what is the world’s first traditional initial public offering for a full-stack quantum company that would rank as the largest listings yet for a quantum firm, according to updated SEC filings released today (May 26). Traditional IPOs are more onerous than other routes […]
UK Quantum Startup Draws Interest From U.S. SPACs, The Telegraph Reports
Insider Brief British quantum computing startup Universal Quantum is drawing takeover and listing interest from U.S. investment vehicles as competition intensifies between Britain and the United States to build commercially viable quantum computers. According to The Telegraph, U.S.-backed special purpose acquisition companies, or SPACs, have approached the Brighton-based startup about a potential public listing on […]
GlobalPlatform Launches Pavona: An Open Silicon Distribution with Production-Grade Post-Quantum Cryptography
Insider Brief PRESS RELEASE — GlobalPlatform today launched Pavona, an open-source silicon distribution that delivers production-quality, certification-ready IP components and reference top-level designs — including the first openly available post-quantum cryptography (PQC) stack for embedded silicon. The distribution includes two successfully taped-out reference designs—a standalone chip root of trust and an integrated root of trust […]
Finland’s Quanscient Announces €10 Million Raise
Insider Brief PRESS RELEASE — Finnish technology company Quanscient, a leader in cloud-based multiphysics simulation technology and quantum algorithms, today announces a €10 million Series A funding round to accelerate its international expansion and strengthen its position as a leader in multiphysics simulations, quantum algorithms and AI-native hardware engineering. The round was led by Danish […]
Genians Expands Into Post-Quantum Security Market
Insider Brief Cybersecurity company Genians announced its entry into the quantum security market. The company said on May 26 that it plans to develop quantum security technologies for the quantum computing era and position itself in the post-quantum security market. A Genians official said the company’s “Quantum Security Gateway” technology has entered the final verification […]