Moody’s Analytics Latest Research Uses Quantum-based Signature Kernels to Predict the Odds of a Recession
Insider Brief: Moody’s latest research with Rigetti uses quantum-based signature kernels to predict the odds of a recession and to assess how economic and financial data inform us of the risks of a future recession, yielding promising initial results in terms of accuracy and early recession warning capabilities. Ricardo Garcia at Moody’s Analytics says that […]
10 Enterprises Experimenting with Quantum Technology in 2023
The Quantum Technology market is rapidly expanding, marked by the increasing number of large enterprises partnering with quantum technology firms. These partnerships signify a growing recognition of the potential impact of quantum technology in various industries, from finance to healthcare, and the need to invest in the development of quantum solutions. Listed below are a […]
Google Quantum AI Scientists Report They Braided non-Abelian Anyons Using a Superconducting Quantum Computer
Insider Brief Google Quantum AI researchers say they observed the peculiar behavior of non-Abelian anyons while using Google’s superconducting quantum computer. They also demonstrated how these anyons could be use in quantum computations. This is the second time this week that a major advance in the discovery of anyons — and how this could lead […]
Q-CTRL Names Dave Kielpinski Principal Quantum Control Scientist
Insider Brief Dave Kielpinski will join Q-CTRL as principal quantum control scientist. Kielpinski is considered a pioneer in quantum computing, building the framework for the architecture of large scale ion trap quantum computers. The scientist’s duties at Q-CTRL includes applying his scientific and research expertise to solving the toughest technical challenges facing the quantum industry […]
IonQ Reports Trifecta: Strong Q1 2023 Performance, Solid Financial Position, Steady Technical Progress
Insider Brief IonQ beat their previous guidance on first quarter revenue: reporting $4.3 million in revenue compared to $2 million in 2022’s first quarter. Its financial position remains strong, as well, with about $525.5 million on hand in the form of cash, cash equivalents and investments. The company reports that, on the technological side, they […]
Sparrow Quantum Takes Flight to Commercialize Light-Matter Interface Technology.
Insider Brief Sparrow Quantum is positioning itself to become a market leader in quantum light-matter interfaces for commercial quantum technologies. Sparrow Quantum’s technology is undepinned by 20 years of pioneering research projects conducted with his quantum photonics research group at the renowned Niels Bohr Institute (NBI). Critical Quote: “Sparrow Quantum’s technology is rooted in more […]
Danish Quantum Technology Firm, Sparrow Quantum, Lands Record Seed Funding
Insider Brief Sparrow Quantum Aps. secured 31 million DKK ($4.9m) in seed funding, the largest investment to date in a Danish quantum technology company. 2xN led the round, which also includes co-investment from LIFTT and the European Innovation Council (EIC). Sparrow Quantum aims to be a market leader in light-matter interfaces for quantum technologies by […]
Quantum Bridge Secures Funding to Build Quantum Repeaters for Communication Networks
Insider Brief Quantum Bridge was awarded $890,000 CAD from the National Research Council of Canada (NRC). The funds will be used toward the development of the first all-photonic quantum repeater used to channel long-distant entanglement. Quantum repeaters are an essential component in building quantum-resilient internet and communications networks. PRESS RELEASE — Quantum Bridge, a startup […]
Australia has a National Quantum Strategy. What Does That Mean?
Insider Brief The following piece, written by Jarryd Daymond Lecturer, University of Sydney, appeared in the global research blog, The Conversation. Daymond explains Australia’s National Quantum Strategy and its importance in mastering quantum technologies. Critical Quote: To make the most of the power of quantum technology, we need to be proactive, focus on the public […]
Quantum Lidar Prototype Acquires Real-Time 3D Images While Submerged Underwater
Insider Brief PRESS RELEASE — For the first time, researchers have demonstrated a prototype lidar system that uses quantum detection technology to acquire 3D images while submerged underwater. The high sensitivity of this system could allow it to capture detailed information even in extremely low-light conditions found underwater. “This technology could be useful for a […]