IQM Quantum Computers Aims at 150-Qubit System With ‘IQM Radiance’
Insider Brief IQM Quantum Computers announced the release of its new superconducting quantum computing platform, “IQM Radiance”. The goal is to achieve a 150-qubit system that can attain quantum advantage within the next years. Critical Quote: “This is the right moment for businesses to invest and harness quantum advantage as early as possible to gain […]
Microsoft Announces Sweeping Partnership With, Investment in Photonic Inc
Insider Brief Microsoft announced a series of initiatives with Photonic. Photonic announced it raised $100 million in a funding round led by Microsoft and BCI, along with other investors. The moves underscore a dramatic push toward the practical use of quantum computers. Image: Photonic’s novel approach—photonically linked silicon spin qubits. It was quiet in quantum, […]
Quantum Brilliance Expands UK Operations, Appoints Former Arm Holdings Executive as Country Manager
Insider Brief Quantum Brilliance announced the appointment of Andrew Dunn as Country Manager in the United Kingdom. Dunn previously held the executive role of Strategic Business Development Director at Arm Holdings. The county manager role is focused on shaping and executing the company’s UK strategy in alignment with its technology, products and go-to-market roadmaps. PRESS RELEASE […]
Quantum Matters: Predictions For The Next 12 Months
This is an edited version of opening remarks to The City Quantum Summit 2023. By Karina Robinson What’s happened in the last year in quantum? Three things. Money’s been tight; governments have become ever more involved; the science and preparation for a post-quantum world have advanced at pace. Just in the last weeks, the GSMA […]
Imperfections May Affect Quantum Materials’ Unusual Behavior More Than We Realize
Insider Brief Herbert Fotso, a physicist at the University of Buffalo, received a $225,967 grant from the Department of Energy to study how disorder within quantum materials affects their properties, challenging the common goal to avoid imperfections in such materials. The research, in collaboration with Hanna Terletska from Middle Tennessee State University, will develop computational […]
Entropica Labs Secures US$4.7 Million Series A Funding to Fuel Software Development, Boost Talent
Insider Brief Quantum software company Entropica Labs raised US$4.7 million in a Series A funding. Italian Deep Tech venture capital firm Liftt and existing investor Wavemaker Partners led the round. Critical Quote: “This funding is a big step forward for Entropica, giving us even more momentum to realise our mission of providing practical error correction […]
The Controllable Splitting of a Single Cooper Pair in a Hybrid Quantum Dot System
Insider Brief Researchers at Delft University of Technology have successfully split a Cooper pair into individual electrons and maintained them within a hybrid quantum dot system, as reported in their study published in Physical Review Letters. The research aims to further investigate the properties of these split electrons, which could have implications for understanding superconductivity […]
Quandela Secures €50 Million to Support International Expansion, Further Industrial Development
Insider Brief Quandela secured over €50 million from investors, the French government through the France 2030 Plan, and banking partners. New investors, Serena, Credit Mutuel Innovation, and the European Innovation Council Fund, have joined the company’s capital, alongside existing historical investors, Bpifrance 1, OMNES Capital and Quantonation. Quandela is considered a European leader in photonic […]
ParityQC Earns DLR Contract to Develop New Methods of Molecular Simulation on Quantum Computers
Insider Brief The German Aerospace Center (DLR) appointed ParityQC to develop new methods of molecular simulation on quantum computers. The contract specifically is to develop new methods of modelling atoms and molecules with quantum computing. The project, called QuantiCoM Q2H, will last 3 years. PRESS RELEASE — ParityQC has been appointed by the German Aerospace […]
Analog Quantum Circuits Raises $3 Million (AUD) From Uniseed in Latest Funding Round
Insider Brief Analog Quantum Circuits (AQC) has secured a $3 million (AUD) funding boost from Uniseed. The company, based in Brisbane, Queensland, was founded by Professor Tom Stace and Associate Professor Arkady Federov. The recent capital injection by Uniseed may help catalyze AQC’s mission to scale its technology. Analog Quantum Circuits (AQC) has secured a […]