QuantWare, Q-CTRL Partner to Simplify The Deployment of Large-scale Quantum Computers
Insider Brief PRESS RELEASE — QuantWare, a leading provider of quantum hardware and creator of the VIO QPU scaling technology, today announced a collaboration with Q-CTRL, a global leader in quantum infrastructure software, to deliver an autonomous calibration solution for its customers. This partnership directly addresses a critical challenge for QuantWare’s customers: delivering useful results […]
India To Advance Drone-Based Quantum Security with C-DOT and Synergy Quantum Partnership
Insider Brief: PRESS RELEASE — In a significant step toward advancing India’s quantum-secure communication capabilities, the Centre for Development of Telematics (C-DOT), the premier telecom R&D arm of the Department of Telecommunications (DoT), has signed a Memorandum of Understanding (MoU) with Synergy Quantum India Private Limited, a leading deep-tech firm specializing in quantum technologies. The […]
Classiq Raises $110 Million in Massive Quantum Software Funding Round
Insider Brief PRESS RELEASE — Classiq today announced raising $110 million in Series C funding, the largest ever for a quantum software company. The round was led by Entrée Capital, with participation from Norwest, NightDragon, Hamilton Lane, Clal, Neva SGR, Phoenix, Team8, IN Venture, Wing, HSBC, Samsung Next and QBeat, as well as other new […]
Eli Lilly Bets on Quantum Chemistry in $1 Billion RNA Drug Deal With Creyon
Insider Brief Eli Lilly is turning to quantum chemistry to speed the discovery of next-generation RNA drugs, signing a research and licensing deal with Creyon Bio that could be worth more than $1 billion, industry media are reporting. The agreement, announced this week, gives Lilly access to Creyon’s AI-based platform for designing RNA-targeted therapies — […]
Study Suggests Quantum Entanglement May Rewrite the Rules of Gravity
Insider Brief A new study proposes that quantum information, encoded in entanglement entropy, directly shapes the fabric of spacetime, offering a fresh path toward unifying gravity and quantum mechanics. Published in Annals of Physics, the paper presents a reformulation of Einstein’s field equations, arguing that gravity is not just a response to mass and energy, […]
University of Rochester And RIT Develop Experimental Quantum Communications Network
Insider Brief PRESS RELEASE — Researchers at the University of Rochester and Rochester Institute of Technology recently connected their campuses with an experimental quantum communications network using two optical fibers. In a new paper published in Optica Quantum, scientists describe the Rochester Quantum Network (RoQNET), which uses single photons to transmit information about 11 miles along fiber-optic lines at room temperature using […]
U.S. Lawmakers Propose Quantum Sandbox to Accelerate Near-Term Applications
Insider Brief PRESS RELEASE — U.S. Congressman Jay Obernolte (R-CA) introduced the Quantum Sandbox for Near-Term Applications Act alongside co-leads Rep. Haley Stevens (D-MI), Rep. Randy Weber (R-TX), and Rep. Richard Hudson (R-NC). The bill aims to increase quantum technology commercial advancement through the creation of a quantum sandbox program. This program allows government and […]
Equal1 and CeADAR Partner to Advance Quantum-AI Infrastructure in Ireland
Insider Brief: Equal1, the Dublin-based quantum computing company, and CeADAR, Ireland’s Centre for Applied AI, have finalized a Memorandum of Understanding intended to accelerate the development of quantum-AI infrastructure and expand Ireland’s position in quantum computing research, innovation, and business adoption. According to a release from Equal1, the partnership is focused on driving the strategic […]
Linde Engineering to Deliver Large Cryogenic Plant to PsiQuantum in Australia
Insider Brief PRESS RELEASE — Linde Engineering has signed an agreement with PsiQuantum to deliver a cryogenic cooling plant for the world’s first utility-scale quantum computer in Brisbane, Queensland, Australia. The plant will be one of the largest cryogenic cooling plants ever built for the specific use of operating a quantum computer. It will cool […]
D-Wave Posts Record Revenue, Touts Quantum Advances in Q1 2025 Report
Insider Brief D-Wave reported record revenue and gross profit in the first quarter of 2025, attributing its financial momentum to increased commercial traction and what it describes as a landmark technical milestone in quantum computing. The Burnaby-based company posted $15 million in revenue for the quarter ending March 31, a 509% increase compared to the […]