IQM to Deploy Quantum Computer to TOYO in Japan
Insider Brief PRESS RELEASE — IQM Quantum Computers, the global leader in superconducting quantum computers, today announced the purchase of its full-stack 20-qubit quantum computer by TOYO Corporation, marking the first enterprise quantum system deployment in Japan.The Radiance 20-qubit system will be made available in both on-premises and cloud environments and will be delivered by […]
Quantum Art Extends Series A Funding to $140 Million with Participation from Global Financial Leaders
Insider Brief PRESS RELEASE — Quantum Art, a developer of full-stack trapped-ion quantum computers, today announced that it has extended its recently announced Series A financing to $140 million led by Bedford Ridge Capital alongside new investors, Hudson Bay Capital, Poalim Equity, LIP Ventures, Wolverine Global Ventures, and IDA Ventures. Strong investor demand drove the […]
Scientists Propose Early-Warning System for Quantum Supply Chain as China Tightens Minerals Grip
Insider Brief A new study warns that the exotic raw materials powering quantum computers, sensors and secure communications are dangerously concentrated in the hands of a few countries — mostly China — and that standard government critical-minerals lists are too slow and too blunt to protect this emerging technology sector. The paper, published on the […]
Quantum Security: Threats, Solutions, and the Race to Protect Data
Insider Brief Most encryption protecting online banking, government communications, medical records, and corporate infrastructure relies on a mathematical assumption – certain problems are too computationally expensive for classical computers to solve in any practical timeframe. That assumption may not hold indefinitely. A sufficiently powerful fault-tolerant quantum computer could potentially break RSA-2048 in hours rather than […]
QuantumCore Partners with Institute of Quantum Computing in $1.7 million Non-Dilutive Grant from NSERC
Insider Brief PRESS RELEASE — QuantumCore Inc. (CSE: QNCR) (“QuantumCore” or the “Company”) today announced a deepened collaboration with the Institute for Quantum Computing (IQC) at the University of Waterloo, alongside its inclusion as an industry partner in the Natural Sciences and Engineering Research Council of Canada’s (“NSERC”) Alliance Quantum grant program with a total […]
Quantropi Moves Toward Public Listing Through Mandeville Merger
Insider Brief Mandeville Ventures Inc. has signed a definitive agreement to merge with quantum cybersecurity firm Quantropi Inc., advancing a previously announced transaction that would take the Ottawa-based company public on Canada’s TSX Venture Exchange. The agreement outlines a proposed business combination structured as a three-cornered amalgamation under the Canada Business Corporations Act, according to […]
Coinbase Advisers Warn Quantum Computing Will Crack Blockchain Encryption — And The Window to Prepare Is Narrowing
Insider Brief A quantum computer powerful enough to break the cryptography that secures Bitcoin and Ethereum will eventually be built, and the blockchain industry is running out of time to do something about it, according to the Coinbase advisory board’s new position paper. The paper stops short of setting a doomsday date. No one can […]
Podcast with Tom Darras, CEO and co-founder, Welinq
Yuval Boger interviews Tom Darras, CEO and co-founder of Welinq. They discuss how quantum networking uses shared entanglement to interconnect quantum processors, enabling modular scale-out clusters and quantum-safe connectivity between data centers. Tom explains the technical building blocks—qubit-photon interfaces, optical networks, entangled photon sources, and especially quantum memories—as well as the performance metrics that matter […]
National Quantum Algorithm Center at the IQMP Announces Grand Challenges Awards
Insider Brief PRESS RELEASE — Today, the National Quantum Algorithm Center (NQAC) at the Illinois Quantum and Microelectronics Park (IQMP) announced five awards in the Grand Challenges program, an initiative designed to advance quantum applications development in critical areas where quantum computing can address society’s most pressing problems. These funds will support post-doctoral researchers working on quantum […]
15-Bit ECC Key Broken on Quantum Hardware Wins Q-Day Prize
Insider Brief PRESS RELEASE — Project Eleven today awarded the Q-Day Prize, a one Bitcoin bounty, to Giancarlo Lelli for breaking a 15-bit elliptic curve key on a publicly accessible quantum computer. The result is the largest public demonstration to date of the attack class that threatens Bitcoin, Ethereum, and over $2.5 trillion in ECC-secured digital […]