Deep-tech Startup Rotonium Raises €1 Million in Seed Funding to Take Quantum Computers Into Space
Insider Brief PRESS RELEASE — Rotonium, an Italian deep-tech startup, has raised €1 million in seed investment to advance its industrial research in the field of quantum computers, taking a further step towards the creation of a quantum photon processor. The round was fully underwritten by Galaxia, the National Technology Transfer Hub for Aerospace, created […]
QuEra Quantum Alliance to Drive Global Deployment of Neutral-Atom Quantum Computers
Insider Brief PRESS RELEASE — QuEra Computing, the leader in neutral-atom quantum computing, announced the launch of the QuEra Quantum Alliance Partner Program. This initiative aims to accelerate the development, deployment, and utilization of neutral-atom quantum computers to solve the world’s most challenging computational problems. Through the QuEra Quantum Alliance, QuEra’s goal is to identify […]
University of Chicago Researchers Combine Trapped Atoms & Photonics to Advance Scalable Quantum Devices
Quantum information systems promise faster and more powerful computing than traditional methods but scaling them to larger sizes and interconnecting multiple systems has been a significant challenge. Researchers at the University of Chicago’s Pritzker School of Molecular Engineering (PME) have made a breakthrough by combining two key technologies: trapped atom arrays and photonic devices. This […]
Senators Introduce Legislation to Authorize $2.5 Billion For Quantum Research And Development
Insider Brief PRESS RELEASE — U.S. Senate Majority Whip Dick Durbin (D-IL) and U.S. Senator Steve Daines (R-MT) introduced legislation to advance the United States’ capacity to invest in quantum information science and research and development (R&D) through the U.S. Department of Energy (DOE). As R&D advances quantum science, engineering, and technology, the DOE Quantum Leadership […]
What Is Quantinuum Nexus? Quantinuum Announces Beta Release of Nexus Quantum Computing Platform
Insider Brief Quantinuum announced the beta availability of its new platform, Quantinuum Nexus, and is inviting quantum users to apply for beta access to test and help refine the platform, according to a recent blog post on Quantinuum’s official website and a corresponding product documentation page. The platform is designed to simplify quantum computing workflows […]
BTQ And ID Quantique Sign MOU to Develop Authentication Systems
Insider Brief PRESS RELEASE — BTQ Technologies Corp., a global quantum technology company focused on securing mission-critical networks, is pleased to announce that on Friday, July 19, 2024, BTQ and ID Quantique (IDQ) signed a Memorandum of Understanding (MOU) for joint research, development, and mutual cooperation to create an innovative authentication system combining Quantum Random Number […]
High-Performance Computing And Quantum Chemistry Partner to Forge New Path in Drug Discovery
Insider Brief Led by University of Melbourne theoretician and HPC expert Associate Professor Giuseppe Barca, a research team has achieved the first quantum simulation of biological systems at a scale necessary to accurately model drug performance. Utilising the unprecedented “exascale” power of the Frontier supercomputer at the Oak Ridge Leadership Computing Facility in Tennessee, US, the team has developed groundbreaking software […]
Could Universal Photonic Quantum Computers Light Up New Path to Quantum Computing?
Editor’s Note: While almost all reporting on the quantum industry is speculative, there are some ideas that test even those bounds. However, the visionary nature of the quantum industry makes these types of ideas worthy to explore — and, I might add, necessary to explore. The following is an intriguing concept from Vlatko Vedral’s blog […]
Bloq Quantum Raises INR 1.3 Crore — $155K US — in Pre Seed-Round Led by Inflection Point Ventures
PRESS RELEASE — Bloq Quantum, a AI quantum software startup, has raised INR 1.3 Crore — or about $155,000 US — in Pre Seed Round led by Inflection Point Ventures. This investment is part of IPV’s strategy, to build ecosystem for startups to succeed by providing Tech support in terms of credits to Top 100 […]
Toshiba to Invest in Quantum Investment Fund Quantonation II
Insider Brief PRESS RELEASE — Toshiba Corporation (Toshiba) has announced that it will make a corporate venture capital investment in Quantonation II, a fund operated by Quantonation Ventures (Quantonation), a leading quantum technology investment fund based in Europe and the US. Toshiba has committed to invest in Quantonation II, with the aim of accelerating research […]