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 […]
Romania Plans €100 Million Quantum Computer Project in Iași
Insider Brief Romania is preparing to install its first quantum computer, a move that could place the country among a small group of nations with direct access to quantum computing infrastructure and expand advanced computing research across Eastern Europe. The system, which carries an estimated investment of more than 100 million euros, is expected to […]
Telia and QMill Demonstrate New Quantum-Enhanced Data Encryption Method For Mobile Networks
Insider Brief PRESS RELEASE — Telia Finland and QMill have developed quantum-enhanced message encryption for mobile networks. QMill’s new encryption method is enabled by local or cloud quantum computers. Once completed, the method is designed to protect messages against attacks carried out using either classical or quantum resources. ”The security of our networks is becoming […]
Poland’s Poznan University of Technology Unveils IQM Quantum Computer to Drive Research And Education
Insider Brief PRESS RELEASE — Poznan University of Technology (PUT) today launched its first locally installed quantum computer, deployed by IQM Quantum Computers, to advance education and scientific research in the field of quantum technologies. The installation of the IQM Radiance R1 system at the university aligns with the strategic objectives outlined in Poland’s quantum technology development roadmap, as […]