Canada Targets Quantum as Strategic Industry in C$334 Million Defense Push
Insider Brief Canada’s 2025 budget turns on the green light to the quantum sector with the federal plan allocating C$334.3 million (about $239 million US) over five years to anchor quantum-technology firms in Canada and accelerate defense-industry adoption. In the details of the 2025 budget, the government earmarks C$223.1 million for quantum research and C$111.2 […]
Pasqal and LG Electronics Forge Strategic Partnership to Advance Quantum Innovation and Industrial Applications
Insider Brief PRESS RELEASE – Pasqal, Europe’s leading neutral atom quantum computing company, today announces a strategic partnership with LG Electronics, the global leader in appliances and consumer electronics. The collaboration is underpinned by an equity investment from LG Electronics in Pasqal and marks a significant step toward advancing quantum computing to real-world industrial applications. […]
IonQ and Swiss Consortium Launch First Citywide Dedicated Quantum Network in Geneva
Insider Brief PRESS RELEASE — IonQ (NYSE: IONQ), the world’s leading quantum company, with luminary Swiss partners, successfully deployed a citywide quantum network in Geneva, Switzerland. This consortium of world-class academic, enterprise, and public institutions will advance quantum cybersecurity and communications research, collaboration, and innovation. The new infrastructure, named the Geneva Quantum Network (GQN), is […]
IonQ Posts a Robust Revenue Jump For Q3 2025, Still Facing Losses
Insider Brief IonQ, Inc. reported third-quarter revenue of $39.9 million, a jump of 222% from a year earlier and 37% above its previous guidance range. The gain reflects accelerating demand for quantum computing contracts and partnerships, but steep losses underscore the financial strain of building the next generation of computing hardware. “I am pleased to […]
Singapore’s National Quantum Office and Quantinuum Forge Strategic Partnership to Accelerate Quantum Computing
Insider Brief PRESS RELEASE — Singapore’s National Quantum Office (NQO), a national platform hosted by the Agency for Science, Technology and Research (A*STAR), and Quantinuum, the world’s leading quantum computing company, today announced a strategic partnership to accelerate quantum computing in Singapore. The partnership marks a key milestone under Singapore’s National Quantum Strategy, led by […]
Quantinuum Announces Commercial Launch of Helios — A Quantum Computer With Accuracy to Enable Generative Quantum AI
Insider Brief PRESS RELEASE — Quantinuum, the world leader in quantum computing, today announced the launch of Helios, the world’s most accurate general-purpose commercial quantum computer, designed to accelerate quantum computing adoption by enterprises. With the highest fidelity† of any commercial system and a first-of-its-kind real-time control engine, Helios enables developers to program a quantum […]
Quantum Pulse Ventures Introduces Technology to Accelerate Photonic Quantum Computers
Insider Brief PRESS RELEASE — Quantum Pulse Ventures (QPV) announced today a universal directional coupler for photonic quantum computers (PQC) providing up to $900M savings on each computer, reducing the cost to build PQCs by an order of magnitude and advancing the availability of practical quantum computers by years. This technology is available today for […]
Classiq Now Available on AWS Marketplace, Accelerating Quantum Adoption for Enterprises
Insider Brief PRESS RELEASE — Classiq, the leading quantum software development platform, announced that its platform is available on AWS Marketplace. The new listing lets enterprises build or scale their quantum computing capabilities by purchasing with existing AWS budgets and credits. The Classiq platform will also be featured at the AWS booth at the upcoming SC25 Conference in […]
Princeton Engineers Say New Qubit Could Make Current Quantum Computers 1,000 Times More Reliable
Insider Brief PRESS RELEASE — In a major step toward practical quantum computers, Princeton engineers have built a superconducting qubit that lasts three times longer than today’s best versions. “The real challenge, the thing that stops us from having useful quantum computers today, is that you build a qubit and the information just doesn’t last […]
Fidelity Backs $10 Billion Quantum Firm Quantinuum in Oversubscribed Round
Insider Brief Fidelity International has joined the latest funding round for Quantinuum, the Honeywell-controlled quantum computing company now valued at $10 billion, Bloomberg Law is reporting. The investment marks Fidelity’s first in the company and adds to a growing list of institutional backers betting on the potential of quantum computing. Quantinuum expanded its current round […]