Madrid Advances Quantum Communications with Over $17 Million Investment in Secure Network Expansion

Insider Brief: PRESS RELEASE — According to a recent release from IMDEA Networks, the Regional Government of Madrid has announced a €16 million (approximately $17 million) investment in quantum communications and cybersecurity research, aligning with the International Year of Quantum Science and Technologies declared by UNESCO. This initiative is part of broader efforts to strengthen […]

LuxQuanta Launches Second-Generation NOVA LQ® Quantum Key Distribution System

LuxQuanta

Insider Brief LuxQuanta, a leader in quantum cryptography, has announced the launch of the second generation of its NOVA LQ® quantum key distribution (QKD) system at Quantum Europe Space (Hall 6 – Stand 6A8) within the Quantum Flagship of the Mobile World Congress. This release, two years after the initial version, advances Continuous Variable Quantum […]

Multiverse Computing Announces a $70 Million Investment From The Spanish government

National Flag of Spain on blue sky background

Insider Brief PRESS RELEASE — The Minister for Digital Transformation and Public Function, Óscar López, announced on Tuesday that the Government of Spain will become a shareholder of the Spanish company Multiverse Computing, with a co-investment of 67 million euros, or about $70 million US. The operation will be carried out through the Spanish Society […]

NanoQT and QuEra Collaborate to Integrate Quantum Networking Interfaces with Neutral-Atom QPUs

Insider Brief: PRESS RELEASE — Nanofiber Quantum Technologies, Inc., a pioneering Japanese technology startup, and QuEra Computing Inc., a U.S.-based leader in neutral-atom quantum computing, today announced a collaborative effort to explore the integration of quantum networking interfaces with neutral-atom Quantum Processing Units (QPUs). This partnership aims to establish a scalable, networked quantum computing architecture, […]

IonQ Deploys Quantum Networking System at US Air Force Research Lab to Support Defense Research

Insider Brief: PRESS RELEASE — IonQ, a leader in the quantum computing and networking industries, announced today that it has delivered and commissioned a quantum networking system optimized for research and development to the U.S. Air Force Research Laboratory (AFRL) in Rome, New York. The newly implemented on-premises technology introduces a dedicated quantum system based […]

Chinese Team Officially Report on Zuchongzhi 3.0, Claims Million Times Speedup Over Google’s Sycamore

Zuchongzhi

Insider Brief A Chinese research team has officially published findings that their quantum processor, Zuchongzhi 3.0, outperforms Google’s Sycamore quantum computing efforts by a factor of one million. The study, released in Physical Review Letters and detailed previously on arXiv, reinforces China’s growing influence in the race for quantum computational advantage, a milestone where quantum […]

QuantWare Raises €20 million Series A

QuantWare

Insider Brief PRESS RELEASE — QuantWare, the quantum computing company building technology to create the world’s most powerful quantum processors, has raised a €20 million Series A round. The round was co-led by Invest-NL Deep Tech Fund and Innovation Quarter, with participation from EIC Fund and existing investors including FORWARD.one, Graduate Entrepreneur Fund and QDNL Participations, […]

Oxford Instruments Announces Winner of The 2025 Lee Osheroff Richardson Science Prize

Insider Brief PRESS RELEASE – Oxford Instruments has announced that Dr. Jeong Min (Jane) Park, a postdoctoral fellow in the Department of Physics at Princeton University, has been awarded the Lee Osheroff Richardson prize 2025. Dr. Jeong Min (Jane) Park is recognized for her pioneering work on emergent quantum phenomena in two-dimensional moiré quantum materials, […]