Kipu Quantum Emerges From Stealth, Closes a €3 Million Funding Round
Kipu Quantum, a German quantum computing startup based in Karlsruhe and Berlin, emerged from stealth after closing a EUR 3 million funding round, according to a LinkedIn post. The round was co-led by Quantonation, US-based deep-tech investor Entrada Ventures and Karlsruhe-based early-stage investor First Momentum Ventures. Dr. Daniel Volz, founder and CEO of Kipu comments: “We […]
QuantWare Awarded Subsidy From Quantum Delta NL For €1.1M Project To Develop The Use of Novel Materials in Superconducting Quantum Processors
Insider Brief: Quantware has been awarded a subsidy for a €1.1 million project to develop superconducting quantum processors with novel materials. The funding will support the company in conducting research on fabrication methods using novel materials, increasing the performance of its QPUs. Marten Arthers, Design Team Lead of QuantWare, says that increasing qubit coherence and […]
PASQAL Reports New Quantum Processor Architecture Hits Record 324 atoms
Insider Brief PASQAL and the Institut d’Optique report that they have developed a device that enables the operation of 324-atom quantum processors. The company reports that this achievement means it is in line with its roadmap to offer 1000 qubit quantum processors and the associated industrial quantum advantage by 2022. The Quantum Insider Intelligence Platform […]
Quantum Leaders: CHIPS and Science Act Could Seed a National Quantum-Centric Supercomputer Program
Two leaders in the emerging quantum technology industry write that the the recently passed CHIPS and Science Act, which many see as purely an investment in the semiconductor industry, will also advance quantum tech, including the potential for a network of quantum-centric supercomputers in the US. “The recently passed CHIPS and Science Act authorizes new efforts […]
SandboxAQ Acquires Cryptosense to Accelerate Delivery of Security Solutions to Global Organizations
Insider Brief SandboxAQ announced it acquired cybersecurity firm Cryptosense. The Cryptosense acquisition is part of the deployment of SandboxAQ’s Post-Quantum Cryptography (PQC) solutions to corporations and government institutions worldwide. Cryptosense is used by leading technology and financial services organizations and is a fellow NIST NCCOE partner. PRESS RELEASE — SandboxAQ, an enterprise SaaS company delivering the […]
Baker-Polito Administration Awards $3.5 Million R&D Grant for New Northeastern University Quantum Facility
Insider Brief The Baker-Polito Administration visited Northeastern University’s Innovation Campus in Burlington recently for the announcement of a new $3.5 million grant for the Experiential Quantum Advancement Laboratories (EQUAL). The $10 million project will help advance the emerging quantum sensing and related technology sectors in the state. This investment has a strong potential for near-term […]
SRM Qkrishi Quantum Centre of Excellence to Focus on Teaching And Research to Bolster India’s Efforts in Quantum
Insider Brief Qkrishi Quantum Private Limited and SRM Institute of Science and Technology (SRMIST) are collaborating to create the SRMIST Qkrishi Centre of Excellence in Quantum Information and Computing (SQ-QuIC). The interdisciplinary team comprising of faculty from physics, chemistry, mathematics, management and engineering. Research areas include finance, drug discovery, logistics optimisation, automobile and machine learning. […]
The Milestones to Quantum Advantage in Quantum-native Multiphysics Simulations
Insider Brief: The team at Quanscient has successfully completed quantum-native multiphysics simulations and was able to run a computational fluid dynamics (CFD) simulation, solving the 1D advection-diffusion equation, using its quantum-native Quantum Lattice-Boltzmann Method (QLBM) algorithm on a real quantum computer with good accuracy. The team of Valtteri Lahtinen, Ljubomir Budinski, Ossi Niemimäki, and Roberto […]
Amazon and Harvard Launch Alliance to Advance Research in Quantum Science
Insider Brief AWS will provide funding for faculty-led research at Harvard to help build capacity for student recruitment, training, outreach and workforce development. Support for faculty-led and designed research projects will cover areas of quantum memory, integrated photonics and quantum materials. “Quantum networking is a very specific area of research that requires different focus compared […]
Unitary Fund Announces Survey to Better Understand Quantum Computing Community’s Needs
The Unitary Fund team, a leading advocate for the quantum open source community, is organizing its first Quantum Open Source Software (QOSS) survey to better understand the quantum computing community’s background and its current needs. The survey, which will cover information on demographics, experience, community, research, tech stack, will help the organization and to improve […]