IonQ Says Partial Quantum Error Correction Approach is More Efficient Than Current Techniques
Insider Brief PRESS RELEASE — IonQ (NYSE: IONQ), a leader in the quantum computing industry, today announced a new breakthrough towards running large applications on near term quantum systems using partial error correction. The technique is an order of magnitude more efficient than the best error correction techniques known today. In a recent paper, IonQ […]
IonQ Reports Earnings, Surpasses Revenue Expectations in Q2 2024
Insider Brief IonQ, quantum computing company specializing in trapped ion technology., has reported its financial results for the second quarter of 2024, significantly surpassing revenue expectations and demonstrating strong commercial and technical momentum. The company announced $11.4 million in recognized revenue for the quarter, exceeding the high end of its projected range of $7.6 million […]
Physicists Find New Way to Send Entangled Photons Over Optical Fiber
Insider Brief PRESS RELEASE — Four researchers from the Institute of Photonics at Leibniz University Hannover have developed a new transmitter-receiver concept for transmitting entangled photons over an optical fiber. This breakthrough could enable the next generation of telecommunications technology, the quantum Internet, to be routed via optical fibers. The quantum Internet promises eavesdropping-proof encryption […]
Local, National Leaders Back Quantum Computer Installation in Alabama
Insider Brief PRESS RELEASE — Huntsville Mayor Tommy Battle joined D-Wave Quantum Inc. and Huntsville-based Davidson at the Space and Missile Defense Symposium to emphasize the strategic significance of placing a D-Wave quantum computer at Davidson’s new global headquarters in Huntsville, AL. The forthcoming installation marks a major milestone in the region’s quantum computing leadership. […]
LightSolver Awarded €12.5 Million From European Innovation Council to Advance All-Optical Supercomputer
Insider Brief PRESS RELEASE — LightSolver, inventor of a new laser-based computing paradigm, today announced that it has been selected for the European Innovation Council (EIC) Accelerator Program. The company will receive an initial grant of €2.5 million from the EIC Fund combined with a future equity investment of €10 million, totaling €12.5M. This recognition […]
‘Quantum-inspired’ Insights from Hewlett Packard’s Leading Scientists
In the latest episode of Hewlett Packard Labs’ podcast “From Research to Reality,” Dejan Milojicic hosted senior scientists Aishwarya Natarajan and Grace Johnson. The discussion was about their career paths, personal experiences and the exciting work Hewlett Packard Enterprise (HPE) is doing in quantum and quantum-inspired technologies. Aishwarya Natarajan joined HPE Labs two years ago […]
IonQ Awarded $5.7 Million Contract With Applied Research Laboratory For Intelligence And Security
Insider Brief PRESS RELEASE — IonQ (NYSE: IONQ), a leader in the quantum computing industry, announced today that it has won a contract through a competitive solicitation with the Applied Research Laboratory for Intelligence and Security (ARLIS) to design a first-of-its-kind, networked quantum computing system for the Department of Defense (DOD). The first phase of […]
Terra Quantum Wins SBIR Funding to Study Feasibility of Long-Range Quantum-Resistant Network For The US Air Force
Insider Brief PRESS RELEASE — Terra Quantum, a leading quantum computing company, announced a significant new initiative to study the feasibility of developing a quantum-resistant network for the U.S. Department of the Air Force (DAF). Leveraging advanced post-quantum and quantum cryptography will make unauthorized interception of transmitted data physically impossible. Several US government agencies, including […]
The Conversation: Quantum Information Theorists Are Shedding Light on Entanglement
Insider Brief The year 2025 marks the 100th anniversary of the birth of quantum mechanics. In the century since the field’s inception, scientists and engineers have used quantum mechanics to create technologies such as lasers, MRI scanners and computer chips. Today, researchers are looking toward building quantum computers and ways to securely transfer information using an […]
Quantum Computing is Developing Faster Than Expected — QuEra Survey
Insider Brief PRESS RELEASE — New research from QuEra Computing, the leader in neutral-atom quantum computing, reveals that over half of quantum academics, scientists and professionals (51%) believe the technology is making faster progress than they expected, with 40% saying it will become a superior alternative to classical computing for certain workloads within the next five […]