Endless Game Levels With Quantum Algorithms: VTT’s Quantum Computer Used in Multiplayer Online Game
Insider Brief PRESS RELEASE — At the Gamescom 2025 event in Cologne, a quantum technology company MOTH released its new game Space Moths. MOTH developed the multiplayer online game in collaboration with Onward Studios, IBM Quantum, IQM Quantum Computers and VTT. The design and implementation of the game utilised VTT’s superconducting 50-qubit quantum computer. Space […]
Viva Zapata — Zapata Quantum Reemerges After Bankruptcy Filing With Restructuring and New Financing
Insider Brief Zapata Computing Holdings Inc., which ceased operations in 2024 after defaulting on financial obligations, has reemerged under the name Zapata Quantum, Inc. and announced progress on a restructuring plan designed to stabilize its balance sheet and preserve its intellectual property portfolio. In October 2024, Zapata filed an 8-K with the Securities and Exchange […]
IQM Quantum Computers Raises Over $300 Million in Series B Funding Round Led by U.S. Investor Ten Eleven Ventures With Strong Support From Tesi
Insider Brief PRESS RELEASE — IQM Quantum Computers, a global leader in full-stack superconducting quantum computers, today announced that it has raised $320 Million (€275 Million) in venture capital, bringing the total funding raised to date to $600 Million. This Series B funding round was led by cybersecurity-focused investment firm Ten Eleven Ventures, IQM’s first […]
Quantum Encryption Advance Could Lower Data Transmission Costs
Insider Brief PRESS RELEASE — A new approach using innovative encryption protocols applied to quantum dots to send encrypted information securely that doesn’t require perfect optical hardware, has been developed by researchers at Hebrew University of Jerusalem. For four decades, the holy grail of quantum key distribution (QKD) — the science of creating unbreakable encryption using […]
QuantrolOx And C-DAC Announce LoI to Explore Co-Development of Quantum Computing Technologies
Insider Brief PRESS RELEASE — Centre for Development of Advanced Computing (C-DAC), India’s premier R&D organization of the Ministry of Electronics and Information Technology, today announced that it has signed a Letter of Intent (LoI) with the Quantrolox (QuantrolOx Finland Oy, Keilaranta 10, 02150 Espoo, Finland), is the world-leading provider of software for automated tuning […]
Maybell Quantum Secures $40 Million Series B Led by Addition to Accelerate Next-Generation Quantum Infrastructure to Market
Insider Brief PRESS RELEASE — Maybell Quantum, The Quantum Infrastructure Company, today announced a $40 million Series B financing round led by Addition. The investment will accelerate Maybell’s commercialization of next-generation cryogenic and RF systems—critical infrastructure for enabling the quantum future. “We’re at an inflection point where quantum systems are moving from proofs-of-concept and research […]
KETS Quantum Security Appoints New Executive Chair
Insider Brief PRESS RELEASE — KETS Quantum Security has named Stuart Woods as executive chair to guide the startup’s focus on building a scalable, cost-effective quantum key distribution (QKD) component product offering for QKD communication integrators. His expertise in commercialising complex technologies and driving strategic partnerships will be instrumental as KETS Quantum Security advances the […]
Quantum Circuits Integrates With NVIDIA CUDA-Q to Advance Creation And Testing of First Quantum Applications Based on Dual-Rail Qubits
Insider Brief PRESS RELEASE — Quantum Circuits, Inc., announced work with NVIDIA technology integrating NVIDIA CUDA-Q programming capabilities into its Aqumen software suite. The integration provides Aqumen users the opportunity to create and simulate applications in a programming environment leveraging quantum computers and GPUs to run hybrid workflows. As the first integration of CUDA-Q with any dual-rail programming […]
New Mexico Commits $315 Million to Quantum Push, Launches DARPA Partnership
Insider Brief PRESS RELEASE — Fresh off of news that New Mexico initiated a multimillion dollar project to boost quantum tech in Albuquerque, the state’s leaders revealed another big — as in nine-figure big — bet on this potentially era-defining technology. State leaders on Tuesday announced a $315 million package of investments in companies, fabrication […]
Oak Ridge National Laboratory Installs Quantum Brilliance Computer System
PRESS RELEASE – The Department of Energy’s Oak Ridge National Laboratory, in partnership with technology company Quantum Brilliance, has made the first big steps in the advance of quantum computers for scientific discovery with the installation of a Quantum Brilliance computer system at the Oak Ridge Leadership Computing Facility. Lab staff will use ORNL’s first on-site, commercial quantum […]