Q-CTRL Expands Presence in India Through Partnership with ELTECH Consulting
Insider Brief: PRESS RELEASE — According to a recent post from Electronics Era, with confirmation from Q-CTRL, Bangalore-based ELTECH Consulting has partnered with Q-CTRL to expand access to quantum education and error correction tools in India. The collaboration allows ELTECH to be an authorized re-seller of Q-CTRL’s Black Opal and Fire Opal software, intended to […]
U.S. Quantum Industry Pushing For More Federal Support, Appointing a ‘Quantum Czar’
Insider Brief The U.S. quantum industry wants stronger federal backing to maintain its competitive edge and sees a government-wide push as key to advancing the technology. That includes reauthorizing the National Quantum Initiative (NQI) Act and potentially appointing a “quantum czar” to coordinate efforts across agencies. Paul Stimers, executive director of the Quantum Industry Coalition, […]
Materials Developed at Purdue University Used in New Microsoft Quantum Qubit Platform
Insider Brief PRESS RELEASE – Microsoft Quantum published an article in Nature on Feb. 19 detailing recent advances in the measurement of quantum devices that will be needed to realize a topological quantum computer. Among the authors are Microsoft scientists and engineers who conduct research at Microsoft Quantum Lab West Lafayette, located at Purdue University. In an announcement […]
Türkiye’s Sabancı Holding Announces Participation in QuEra’s $230M Quantum Computing Funding Round
Insider Brief: PRESS RELEASE — In a recent release, Sabancı Holding, through its corporate venture capital fund Sabancı Ventures, announced it had invested in QuEra Computing Inc., a leading U.S.-based quantum computing company, as part of QuEra’s recently announced $230 million funding round. The investment aligns with Sabancı Holding’s strategy to engage with future disruptive […]
Welinq and QphoX Partner to Create Seamless Connections Between Superconducting Quantum Processors for Scalable Computing
Insider Brief PRESS RELEASE — Quantum technology leaders Welinq and QphoX have announced a partnership to develop optical quantum interconnects for superconducting quantum computers, enabling a significant increase in computing power. These interconnects will link quantum processors, allowing them to work together in clusters, a major step toward building larger, more powerful quantum systems. Addressing […]
IonQ in Talks to Acquire ID Quantique For $250 Million, Bloomberg Reports
Insider Brief IonQ Inc. is in advanced negotiations to acquire ID Quantique, a Swiss firm specializing in quantum-safe encryption, in a deal that could be valued at about $250 million, according to Bloomberg. The transaction, which would be paid for using IonQ stock, could be announced as soon as this week, though discussions are ongoing […]
Toyota Tsusho to Partner with ORCA Computing
Insider Brief PRESS RELEASE — ORCA Computing, a leading quantum computing company, and Toyota Tsusho Corporation (Toyota Tsusho), a member of the Toyota Group, delivering to countries around the world a diverse range of products and services,today announced their partnership to provide customers in Japan and across the Asia Pacific region with ORCA Computing’s cutting-edge PT Series product […]
Bluefors Expands Lab-as-a-Service Offering With New Facility in Chicago
Insider Brief Bluefors, the world-leading manufacturer of cryogenic measurement systems for quantum technology, today announced the opening of a new lab facility in Chicago. The facility will provide the Bluefors Lab service, bringing the service into the United States for the first time. Bluefors Lab offers startups, research groups, and other organizations easy and convenient […]
Quantum Machines Raises $170 Million as Its Customer Base Exceeds 50% of Companies Developing Quantum Computers
Insider Brief PRESS RELEASE — Quantum Machines (QM), a leading provider of advanced quantum control solutions, today announced it has raised $170 million in Series C funding, bringing the company’s total funding to date to $280 million. The investment comes as the majority of quantum computing companies now rely on QM’s technology to build and scale […]
QuEra and Deloitte Tohmatsu Join to Advance Quantum Innovations in Japan
Insider Brief PRESS RELEASE – QuEra Computing Inc. (hereinafter referred to as “QuEra”) has started working with, Deloitte Tohmatsu Group (hereinafter referred to as “Deloitte Tohmatsu”) to further advance the quantum industry in Japan. The collaboration, reinforced by an investment in QuEra by Deloitte Tohmatsu Financial Advisory LLC, a group company of Deloitte Tohmatsu, aims […]