SpeQtral & RHEA Group Partner to Develop First Quantum- safe Link Between Singapore & Europe
Insider Brief: Under the strategic partnership, RHEA System Luxembourg will leverage SpeQtral’s quantum satellite that will be launched in 2022 to build a quantum-safe link between Singapore and Europe. This latest partnership is born out of RHEA’s broader three-year programme INT-UQKD, designed to develop and demonstrate international use cases for QKD in operational IT environments. […]
TQI @ Puzzle X™ 2022: A Chat With The Event’s Chief Creator, Zina Jarrahi Cinker
Puzzle X 2022 The Quantum Insider (TQI) always strives to give its readership the news and views of quantum computing and the wider quantum tech world with an objective eye. As the quantum space grows, one of the strategies we do to leverage this is by attending industry conferences. A great way of finding out about […]
Unimon – New Qubit May Boost Quantum Computers For Useful Applications
Insider Brief Aalto University, IQM Quantum Computers and VTT Technical Research Centre scientists report on the unimon, a new superconducting qubit. The team has achieved the first quantum logic gates with unimons at 99.9% fidelity — a major milestone. Scientists say that because of the higher anharmonicity, or non-linearity, than in transmons, unimon operations are […]
Quantropi Wins Deloitte Technology Fast 50 Award
Insider Brief Quantropi, Inc. is one of this year’s recipients of the Deloitte Technology Fast 50 Challenge Award. The company won in the category of “Quantum in Mobility”, which focuses on innovative quantum technology solutions to control and protect mobility. Quantropi’s QiSpace™ platform offers cryptographic performance benefits for the mobility sector, including connected and self-navigating […]
IBM and Algorithmiq Partner on Useful Quantum Advantage for Quantum Chemistry
Insider Brief Algorithmiq has entered into an engagement with IBM to progress in its exploration of quantum algorithms that attempt to solve complex issues in life sciences. The team will explore ways to dramatically cut the time and cost of drug discovery and development. Algorithmiq will become part of the IBM Quantum Network. PRESS RELEASE […]
OpenOcean–IQM-Lakestar State of Quantum 2024: 63% of Business Leaders Believe Commercialised Quantum Computing to Hit Market in Five Years
Insider Brief OpenOcean–IQM-Lakestar State of Quantum 2024 Report, in association with The Quantum Insider (TQI), points to a robust belief in the viability of quantum computing to solve real-world, but extremely challenging computational problems. 70% of business leaders are using and developing real-life use cases for quantum computing. Report also shows that 91% of business […]
Riverlane: Quantum Computers Might Be Able to Shave Off a Millennium From Drug Simulation Time
Insider Brief Study shows advances in quantum algorithms can reduce the amount of resource required for researchers to achieve useful results. Focusing on the cancer growth inhibitor Ibrutinib, the research provides estimates of simulating progressively larger embedding regions. The Riverlane team’s estimates show that the resources required to run these calculations in active spaces of […]
IonQ Announces $2.8 Million in Revenue for 2022 Q3
Insider Brief IonQ‘s Q3 revenue set at $2.8 million, compared to $233,000 last year at the same time and $2.6 million last quarter. The company achieved bookings of $16.4 million for the third quarter, but expects continued “lumpiness” in bookings in the future. IonQ’s net loss is tagged at $24.0 million and realized cash, cash […]
Dell Technologies Advances High Performance Computing With Hybrid Quantum-Classical System
Insider Brief Dell Quantum Computing Solution will allow organizations can begin to take advantage of accelerated compute through quantum technology. The hybrid classical-quantum platform uses the Dell classic quantum simulator built on PowerEdge servers. The solution integrates IonQ quantum computing technology with existing classical computational infrastructure. PRESS RELEASE — Dell Technologies (NYSE:DELL) expands its high […]
Rigetti Computing Delays Third Quarter Results, Appoints Interim CEO
Insider Brief Rigetti Computing filed for an extension for the filing of its Form 10-Q for the third quarter. Rick Danis will serve as the Company’s Interim President and CEO until a more permanent CEO is appointed. Chad Rigetti, prior President and CEO of the Company, will continue with the company in a non-executive capacity […]