Rigetti Reports $201 Million Net Loss, Focuses on Advancing Its Quantum Tech
Insider Brief Rigetti Computing (Nasdaq: RGTI) reported a net loss of $201 million for 2024, reflecting high operating expenses and non-cash charges, while securing a strategic collaboration with Quanta Computer and launching its latest quantum processing unit, according to a company statement on earnings. Rigetti’s financial results for the fourth quarter and full-year 2024 show […]
Quantum Hardware Startup NanoQT Joins UMD Quantum Ecosystem
Insider Brief PRESS RELEASE — Nanofiber Quantum Technologies, Inc. (NanoQT), a pioneering quantum hardware startup, has opened a new office in College Park, Maryland to strengthen its research and development capabilities and accelerate its commercialization efforts in the United States. NanoQT’s expansion into Maryland is bolstered by a close partnership with the University of Maryland […]
India Risks Falling Behind Without a Multi-Pronged Approach to Quantum Computing, Niti Aayog Report Says
Insider Brief India must adopt a broad quantum computing strategy to secure its technological future, according to a new study from a national think tank. A report published in the March 2025 edition of Future Front®, Niti Aayog’s quarterly technology insights publication, outlines the importance of quantum computing and its implications for national security, economic […]
Space-Based Quantum Key Distribution: A Deep Dive Into QKD’s Market Map And Competitive Landscape
Insider Brief Quantum Key Distribution (QKD) is emerging as a foundational technology for secure communication in the quantum era, according to a new report and market map from Space Insider. Unlike conventional encryption, which faces vulnerabilities against quantum computing attacks, QKD ensures data security by leveraging quantum mechanics to detect eavesdropping attempts. While terrestrial QKD […]
KDDI, KDDI Research, Jij, QunaSys, and Waseda University Form Partnership to Build AI-Quantum Computing Infrastructure
Insider Brief: PRESS RELEASE — KDDI Corporation, KDDI Research, Jij, QunaSys, and Waseda University have announced a partnership to accelerate quantum computing research and its integration with artificial intelligence (AI). The agreement, signed on February 27, 2025, aims to develop an AI-Quantum Business Platform that seamlessly connects AI and quantum computing, expanding real-world use cases […]
IonQ and ANU Develop High-Speed Mixed-Species Quantum Logic Gates for Scalable Quantum Networking
Insider Brief: PRESS RELEASE — In a recent release, IonQ announced a new development in high-speed, mixed-species quantum logic gates for trapped-ion quantum computing and networking. In collaboration with Australian National University, IonQ researchers have demonstrated a new approach to increasing the speed of two-qubit entangling operations between different atomic species, a development that could […]
The Illinois Quantum Saga Continues: University Triumphs, Energy Battles, and Chicago’s Unfinished Pursuit of Progress
Insider Brief: Illinois’ hero’s journey stands at a crossroads between what has been and what could be. Once the heart of American steel production, Chicago’s South Side has been reimagined as a quantum hub, with PsiQuantum at the center of the soon-to-be Illinois Quantum and Microelectronics Park. State leaders have knighted this effort as an […]
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
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 […]
Government Minister Praises University of Sussex Plan to Create ‘Quantum Silicon Valley’ on The South Coast
Insider Brief PRESS RELEASE — The University of Sussex’s work in developing quantum technologies through teaching and research has been praised for its potential to improve lives and boost the UK economy by Government Minister Baroness Jones, who visited the campus in Falmer on Friday 28 February. The Minister for Future Digital Economy met with […]