Xanadu Quantum SPAC Deal Approved, Targets $302 Million Raise
Insider Brief PRESS RELEASE — Crane Harbor Acquisition Corp. (“Crane Harbor”) (Nasdaq: CHAC) today announced that its shareholders approved all proposals necessary to complete the previously announced business combination with Xanadu Quantum Technologies Inc. (“Xanadu”), a leading photonic quantum computing company, at Crane Harbor’s extraordinary general meeting of shareholders. The approval represents an important milestone […]
Horizon Quantum Goes Public via SPAC, Raises $120 Million
Insider Brief PRESS RELEASE — Horizon Quantum Computing Pte. Ltd. (“Horizon Quantum”), a pioneer of software infrastructure for quantum applications, today announced that it has completed its previously announced business combination (the “Business Combination”) with dMY Squared Technology Group, Inc. (“dMY”) (OTC: “DMYY”, “DMYYU” and “DMYYW”), a publicly traded special purpose acquisition company. The Business […]
From Research Strength to National Leverage: Australia’s Quantum Inflection Point
Insider Brief: For 25 years, Australia has built one of the world’s deepest reservoirs of quantum talent. The stakes are rising as quantum moves beyond the lab. Increasingly quantum is emerging as an export industry, a sovereign capability platform, and a source of measurable productivity gains across defense, energy, mining, healthcare, finance, and more. This […]
SEC Submission Highlights QuSecure Deployment as Real-World Post-Quantum Migration Example
Insider Brief PRESS RELEASE — QuSecure™, Inc., the market leader in post-quantum cybersecurity and cryptographic agility, today announced that the Post-Quantum Financial Infrastructure Framework (PQFIF) submitted to the U.S. Securities and Exchange Commission’s Crypto Assets Task Force specifically cites QuSecure’s, Banco Sabadell’s, and Accenture’s four-month banking deployment as a real-world precedent for successful crypto-agile post-quantum cryptography (PQC) migration and quantum-safe […]
TUMCREATE Leads Development of Open-Source Post-Quantum Secure RISC-V Processor
Insider Brief PRESS RELEASE — As quantum technologies continue to advance, the resilience and trustworthiness of digital systems have emerged as critical priorities for Singapore’s future infrastructure. Addressing these challenges, TUMCREATE – the research arm of the Technical University of Munich (TUM) funded by the National Research Foundation, Singapore (NRF) – is playing a key […]
Qilimanjaro Launches SpeQtrum QaaS for Cloud Access to Multimodal Quantum Data Center
Insider Brief PRESS RELEASE — Qilimanjaro Quantum Tech today announced SpeQtrum QaaS, a full-stack Quantum as a Service cloud-based service, providing remote access to classical as well as analog and digital quantum computers. SpeQtrum will give users access to Qilimanjaro’s multimodal data center in Barcelona, the first in the world to integrate digital QPUs, Qilimanjaro’s unique […]
China Expects Post-Quantum Cryptography Standards Within Three Years
Insider Brief China is moving to establish national standards for post-quantum cryptography within the next three years, signaling a push to secure data against future quantum computing threats. Governments worldwide are preparing for a transition in encryption as quantum computers are expected to eventually break widely used security systems such as RSA. According to Reuters, […]
Quantum Design Oxford Installs TeslatronPT Plus System at Indonesia’s BRIN-Q Research Center
Insider Brief PRESS RELEASE — Quantum Design Oxford today announcedthe first delivery of its low temperature measurement system, the TeslatronPT Plus, at the BRIN-Q Research Center for Quantum Physics in Indonesia. The TeslatronPT Plus will serve as a cornerstone for the BRIN-Q Research Center’s work in quantum device development and technology applications. A key factor in BRIN-Q’s decision was Quantum […]
Is RSA Safe? New Study Argues Quantum Computers Face a Hard Ceiling
Insider Brief A paper published in Proceedings of the National Academy of Sciences proposes a revision to quantum theory that, if validated, would place a strict upper bound on the power of quantum computers. That limit could mean RSA, a key cryptographic system protecting much of today’s data, may not be threatened after all.” The […]
Xanadu, the University of Toronto and the National Research Council of Canada Unveil Quantum Algorithms for Lithium-ion Battery Simulations
Insider Brief PRESS RELEASE — Xanadu Quantum Technologies Inc. (“Xanadu”), a leading photonic quantum computing company, has today announced a novel quantum computational algorithm to accelerate the discovery and analysis of next-generation battery materials. Published as a pre-print article, Xanadu’s new research, in collaboration with the University of Toronto and the National Research Council of […]