PsiQuantum Finalizes $100 Million Award with the U.S. Department of Commerce
Insider Brief PRESS RELEASE — PsiQuantum announced today that the company has signed definitive documentation with the U.S. Department of Commerce for a $100 million award to strengthen American leadership in quantum computing and semiconductor supply-chain security. In May 2026, the company announced that it had signed a letter of intent with the Department for $100 million […]
NLM Photonics Adds New Investors to Scale Organic Photonics Technology
Insider Brief PRESS RELEASE — NLM Photonics, the leader in the development of organic electro-optic (OEO) technology based upon its Selerion™ family of materials, has added new financial and strategic investors to its cap table to accelerate commercialization of its organic photonic ecosystem. Pangaea Ventures, widely regarded as the world’s leading hard tech venture capital […]
IonQ and Congruity360 Sign $8.18M Quantum-Safe Network Agreement
Insider Brief PRESS RELEASE — IonQ (NYSE: IONQ), the world’s leading full-stack quantum platform and foundry, and Congruity360, a leading unstructured data management and governance provider, today announced an $8.18 million agreement. Under the collaboration, Congruity360 will broaden its enterprise data management platform with a quantum-safe network using IonQ’s PQC and QKD appliances, protecting sensitive […]
SkyWater Launches Quantum Semiconductor Manufacturing Business
Insider Brief PRESS RELEASE — SkyWater Technology announced the launch of SkyWater Quantum Solutions, a dedicated merchant supplier offering focused on semiconductor process development, integration, and manufacturing. This unique offering will provide semiconductor solutions for quantum-computing, networking, and sensing applications. Dr. Mihir Bhaskar will lead SkyWater Quantum Solutions as senior vice president and general manager. […]
IonQ Estimates 20,000-Qubit Machine Could Break Bitcoin’s secp256k1 in 26 Days
Insider Brief PRESS RELEASE — IonQ (NYSE: IONQ), the world’s leading full-stack quantum platform and foundry, today published the first complete, end-to-end fault-tolerant resource estimate for running Shor’s algorithm. The historic paper by IonQ’s research team uses the recently published Walking Cat architecture to demonstrate how a specific application can be optimized for a trapped-ion quantum computer. […]
Quantinuum Finalizes $100M CHIPS Funding Agreement for Trapped-Ion Quantum Computing
Insider Brief PRESS RELEASE — Quantinuum (Nasdaq: QNT), a leading quantum computing company, today announced it has finalized an agreement with the U.S. Department of Commerce’s CHIPS Research and Development Office for $100 million in federal funding deployed through the CHIPS and Science Act. The award, which follows a letter of intent announced in May, supports R&D and […]
IonQ Announces Increased Full-Year 2026 Financial Outlook Following SkyWater Acquisition
Insider Brief PRESS RELEASE — IonQ (NYSE: IONQ), the world’s leading full-stack quantum platform and foundry, today announced that, for the full year 2026, it expects revenue to be between $450 million and $460 million. This outlook includes the contributions of SkyWater Technology beginning on July 31, 2026, the date it was acquired by IonQ, […]
D-Wave Finalizes $100M U.S. Government Agreement for Quantum Computing R&D
Insider Brief PRESS RELEASE — D-Wave Quantum Inc. (NASDAQ: QBTS) (“D-Wave” or the “Company”), the only dual-platform quantum computing company providing both annealing and gate-model systems, software and services, today announced the execution of a definitive agreement with the U.S. Department of Commerce based on the previously announced Letter of Intent. D-Wave now has access to up to […]
Rigetti Signs Definitive Agreement for $100M with U.S. Government for Quantum Computing R&D
Insider Brief PRESS RELEASE — Rigetti Computing, Inc. (Nasdaq: RGTI) (“Rigetti” or the “Company”), a pioneer in full-stack quantum-classical computing, today announced that its wholly owned subsidiary, Rigetti & Co, LLC, has signed a definitive agreement with the U.S. Department of Commerce (the “Department”) for an award of $100 million in funding to accelerate superconducting […]
Lancaster University Leads Project on Quantum Neural Computing
Insider Brief PRESS RELEASE — Lancaster University researchers are spearheading a major new European research initiative that aims to redefine how artificial intelligence can harness the power of quantum computing. Quantum AI combines emerging quantum computing technologies with artificial intelligence to explore new ways of solving complex problems. Unlike today’s mainstream AI systems, such as […]