Casimir Launches With $12 Million Oversubscribed Seed Round to Bring Quantum Energy Chip To Market
Insider Brief PRESS RELEASE — Casimir, Inc., a quantum energy technology company founded by former NASA advanced propulsion researcher Dr. Harold “Sonny” White, today announced the close of a $12 million seed round led by Scout Ventures. The funding will commercialize the world’s first quantum vacuum energy source: semiconductor chips that harvest energy from quantum […]
D-Wave Quantum Rides a New ‘Wave’ of Quantum Bookings, As Demand — and Volatility — Increase in Quantum
Insider Brief D-Wave Quantum reported a sharp rise in bookings for the first quarter even as revenue fell from a year earlier, reflecting the uneven but accelerating commercialization cycle of the quantum computing industry. In a statement, the quantum computing company reported first-quarter bookings reached $33.4 million, up nearly 2,000% from the same period a […]
High-Level French and German Officials Meet to Strengthen Quantum Ties
Insider Brief French and German quantum technology leaders are moving to tighten cross-border cooperation as Europe races to build a domestic industry capable of competing with U.S. and Chinese advances in the field, according to a news release. More than 100 representatives from research institutions, startups, industrial firms, funding organizations, and government bodies gathered in […]
Finnish Physicist Named European Inventor Award Finalist for Quantum Hardware Research
Insider Brief PRESS RELEASE — According to the European Commission, by 2040, the quantum sector is expected to create thousands of highly skilled jobs across the EU and exceed a global value of €155 billion. A recent study on quantum technology by the European Patent Office and the OECD highlighted that the number of international patent families (IPFs) […]
Algorithmiq Raises €18 Million, Establishes Headquarters in Milan
Insider Brief PRESS RELEASE — Quantum software company Algorithmiq has established Milan as its global headquarters, signalling its confidence and commitment to Italy and Europe as the future hub for leadership in the industrialisation of quantum algorithms. To date, the quantum computing narrative has been dominated by the crowded race to develop hardware; Algorithmiq is building and […]
IQM Launches HPC Integration Service to Accelerate Hybrid Quantum-HPC Adoption
Insider Brief PRESS RELEASE — IQM Quantum Computers today launched HPC Integration Service, a turnkey solution that enables its IQM Radiance quantum computers to operate as a slurm node inside high-performance computing (HPC) environment. Using this widely adopted HPC workflow, IQM aims at accelerating adoption of hybrid quantum-classical computing across enterprises and research institutions. Slurm is the open-source workload manager used by most of […]
Why Cryptographic Discovery Matters for Post-Quantum Security
Insider Brief Migration to post-quantum cryptography depends on identifying where existing cryptographic systems are deployed. In many organizations, this inventory is incomplete. Encryption is embedded across enterprise infrastructure, including TLS certificates, firmware, boot processes, applications, and hardware systems. These implementations are often distributed and not centrally tracked, making discovery the first step in any migration […]
NYU’s Quantum Institute, IBM Team Up for Postdoctoral Research Program in Quantum Computing
Insider Brief PRESS RELEASE — New York University and IBM have initiated a postdoctoral program to conduct quantum computer research in the areas of chemistry, computer science, engineering, materials science, physics, and optimization. This collaboration, as part of NYU’s role as a member of the IBM Quantum Network—a consortium of academic institutions, enterprises, startups, and […]
What is Quantum Entanglement?
Insider Brief In 1935, Albert Einstein looked at what quantum mechanics was claiming about reality and called it “spooky action at a distance.” He said this as an insult. Decades of experiments later, the universe has confirmed the spookiness is real – and that Einstein was wrong. Quantum entanglement is one of those phenomena that […]
Grapefruit-Sized Quantum Sensor Mapped Earth’s Magnetic Field From Space
Insider Brief A quantum device — about the size of a grapefruit, or, if you’re not a fan of that particular fruit, about the size of a shoe box — using flawed diamonds successfully measured Earth’s magnetic field from the International Space Station over 10 months, demonstrating that compact quantum sensors can survive and function […]