Quantum Motion Raises £42 Million Investment in Latest Funding Round
Insider Brief Quantum Motion, a UK-based quantum computing scale-up led by academics from UCL and Oxford University, raised over £42 million in equity funding. The oversubscribed round is led by Robert Bosch Venture Capital and joined by Porsche SE and British Patient Capital. Critical Quote: “We’ve secured the support of leading technology investors, allowing us to realise our vision of a […]
New Quantum Sensing Technique Reveals Magnetic Connections
Insider Brief Researchers demonstrate a new way to use quantum sensors to tease out relationships between microscopic magnetic fields. The ability to distinguish between standalone and correlated environments at the atomic scale could have enormous impacts in medicine, navigation and discovery science. Critical Quote: “As far as I know, this is something people hadn’t tried to do, […]
How Can Quantum Entanglement Be Used For Secure Communication?
Faster Than Light? Known as FTL, faster-than-light travel and communication is the theory that matter (or information) can travel faster than the speed of light. According to Einstein’s special theory of relativity, however, nothing in nature can travel faster than the speed of light except for photons, which possess zero rest mass. Nevertheless, the hypothetical […]
6 Companies Developing Superconducting Qubits
The development of quantum computing is expected to be promising for the tech industry, with many companies vying to be at the forefront of this novel technology. Superconducting qubits, we should mention, are a cornerstone of quantum computing that may allow for more powerful calculations than ever before. Here we take a look at six […]
Toshiba Brings Quantum-Inspired Optimization Solution to AWS Marketplace
Insider Brief Toshiba Digital Solutions Corporation (TDSL) announced the launch of “SQBM+ for AWS.” The service includes SQBM+ software customized for the AWS Marketplace. The company reports the module provides solutions to customers in fields as diverse as finance, drug development, genetic engineering, logistics and AI. Toshiba Digital Solutions Corporation (TDSL), an industry leader in […]
D-Wave Releases News on Business Initiatives, Balance Sheet-Liquidity Updates
Insider Brief D-Wave is releasing new information on several business initiatives and product releases. The company also released liquidity and balance sheet updates. D-Wave announced plans to build out its feature selection market offerings, which will span D-Wave’s quantum hybrid solvers and professional services. Critical Quote: “We’re taking a number of steps to help our […]
Quantum Technology 2022 Investment Update – Key Trends and Players
The Quantum Insider (TQI), the leading provider of market intelligence on the quantum technology industry, today releases its Quantum Technology Investment Update, which provides a comprehensive overview of the quantum market investment in 2022, including key trends, players and investors. The report also includes expert commentary from leaders in the quantum field including Mark […]
Professor John Goold of Trinity Dublin Defines What Quantum Computing is & the QuSys Research Group’s Work in the Space
Information Carriers “One of the main driving forces behind the ability for physicists to isolate quantum systems is the potential use as information carriers for a new generation of technology called quantum technology,” said John Goold in a recent interview with Edvoy. An Associate Professor at the School of Physics at Trinity Dublin, Goold is […]
Sandbox AQ Announces $500 Million Fundraise
Another blockbuster funding round for quantum. Sandbox AQ announced that it raised $500 million, Reuters is reporting. The company was spun off from Alphabet Inc. last year. Breyer Capital, T. Rowe Price funds and TIME Ventures all participated in the round, as did its former chief executive of Google LLC and current Sandbox AQ Chairman […]
Quantum Machines Releases Quantum Chip Carrier For High-fidelity Integration
Insider Brief Quantum Machines announces release of a chip package that enables high-fidelity operation of superconducting quantum processors. It addresses one of the engineering challenges associated with scaling up quantum computers while ensuring they continue to function properly is maintaining the quantum processing unit’s data over time. Critical Quote: “Quantum Machines now covers more of […]