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 […]
Phasecraft Raises $34 million From Plural, Playground Global And Novo Holdings
Insider Brief PRESS RELEASE — Phasecraft, the world’s leading quantum algorithms company, today announced it has raised $34 million in Series B funding to accelerate its breakthrough work to transform quantum computing’s theoretical promise into practical applications. Co-led by Plural, existing investor Playground Global, and Novo Holdings’ Quantum Fund in its first direct quantum software […]
Rigetti and India’s Centre for Development of Advanced Computing Announce MOU to Explore Co-Development of Hybrid Quantum Computing Systems
Insider Brief PRESS RELEASE — Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced that it has signed a Memorandum of Understanding (MOU) with the Centre for Development of Advanced Computing (C-DAC), India’s premier R&D organization of the Ministry of Electronics and Information Technology. Through this MOU, […]
U.S. and Indian Investors Launch $1 Billion-Plus India Deep Tech Investment Alliance
Insider Brief A coalition of U.S. and Indian venture capital and private equity firms has launched the India Deep Tech Investment Alliance (IDTA), a new industry group aimed at mobilizing private capital and expertise to support deep tech companies in India while strengthening U.S.-India collaboration, Celesta Capital announced. Founding members include Celesta Capital, Accel, Blume […]
Norway Pledges Over $100 Million (US) to Quantum Technology Drive
Insider Brief The Norwegian government has unveiled a major quantum technology initiative, calling it a “historic initiative for Norway as a technology nation” and tying it to both national competitiveness and security. “Today we are launching a historic initiative for Norway as a technology nation. We know that quantum technology will be of great importance […]
Researchers Demonstrate New Control of Magnon-Photon Hybrids For Quantum Tech
Insider Brief PRESS RELEASE — A recent publication in Nature Physics by researchers at Te Whai Ao — Dodd-Walls Centre for photonic and quantum technologies and the University of Otago has introduced a new method for controlling hybrid systems. Together with the Vienna University of Technology, they’ve created a novel technique that could be applied […]
Q&A: The Race for Growth — Five Years of The City Quantum & AI Summit
Editor’s Note: Over the last five years, The City Quantum and AI Summit, which takes place in the Mansion House in the heart of the City of London, has earned a reputation as a quantum conference that not only keeps its finger on the pulse of the rapidly emerging quantum technology landscape, but also one […]