IonQ’s CEO Sees Total Contracts For Its Systems Reaching Nine Figures in Next Few Years
IonQ‘s leadership sees that within a few years the company could see sales of its systems tip into nine-figures, according to an earnings call. Broadly, the call also pointed to progress in shaping the quantum computing industry into a legitimate investment. In the call, IonQ’s President and CEO Peter Chapman said that over the next […]
Pixel Photonics Raises 1.45 Million Euros in Seed Round, Backers Include Quantonation
Pixel Photonics, a start–up out of the physics department of WWU Münster founded in 2020, has raised 1.45 million euros in a seed–round from German VC fund High–Tech Gründerfonds (HTGF), French quantum–focused VC fund Quantonation, as well as the photonic industry veteran Dr. Hendrik Sabert. Pixel Photonics develops highly scalable integrated–optical single–photon detectors that enable […]
Bristol-based Siloton’s Diagnostic Imaging Technology Exploiting the Force of Photonic Integrated Circuits
Funding Earlier this month, Siloton — a startup developing an at-home monitoring service for the 25% of over 60s with age-related macular degeneration — announced it had received funding, totalling £470,000. On the funding round, Alasdair Price, CEO of Siloton, said: “The closing of Siloton’s first round of investment represents a new chapter in the company’s history. We have […]
Japanese Quantum Software Company QunaSys Raises $10 Million in its Series B Funding
PRESS RELEASE — QunaSys Inc., one of the world’s leading developers of innovative algorithms in chemistry focused on accelerating the development of quantum technology applicability, has announced that it has raised $10 million in its series B funding stage. The round was led by JIC Venture Growth Investments (“VGI”), with participation from ANRI, Fujitsu Ventures […]
Quantum Application Lab Lets Businesses Explore Benefits of Quantum
PRESS RELEASE — Organizations that want to investigate how quantum computing can benefit their business are invited to connect to the knowledge and technical infrastructure offered by the Quantum Application Lab (QAL) now. QAL is a newly formed public-private R&D partnership that offers a unique team of scientists, researchers, engineers, application developers, software and hardware […]
Israel’s First Quantum Computer — a Trapped Ion Device — Launched
UNIVERSITY NEWS — Building a working quantum computer is such a daunting venture that many believe it’s only for tech giants and superpowers, something on a scale beyond Israel’s reach. Prof. Roee Ozeri of the Weizmann Institute of Science begs to differ: “One of the world’s first computers, WEIZAC, was built here in the 1950s, when all […]
CEA and Startup C12 Join Forces to Develop Next-Generation Quantum Computers with Multi-Qubit Chips at Wafer Scale
PRESS RELEASE — CEA, a French key player in research, development and innovation, and C12 Quantum Electronics, a startup focused on developing the next-generation of quantum computers using carbon nanotubes, today announced a partnership to produce the first multi-qubit chips at wafer scale. Building on the breakthrough of manufacturing quantum chips on 200mm silicon wafers […]
Recent Panel Discussion Hosted by ColdQuanta Shows Real-World Problems for Women in the Quantum Industry
ColdQuanta is the latest company looking to help the quantum industry become more vocal about diversity in the industry. In a recent panel discussion titled “Navigating the System,” ColdQuanta hosted speakers from government bodies, the quantum industry, and the technology sector to discuss ways to advocate for women in the workplace. The speakers included […]
NVIDIA Says It’s Building a Onramp to the Hybrid Quantum Future
NVIDIA is working with leaders in quantum computing to build the tools for quantum developer, the team announced in a blog post. Today’s high-performance computers are simulating quantum computing jobs at scale and with performance far beyond what’s possible on today’s smaller and error-prone quantum systems,” wrote Timothy Costa, group project manager for HPC and […]
Independent Sandbox AQ Launches, Prominent Investors Including T. Rowe Price, Eric Schmidt, Breyer Capital, Guggenheim Partners and Thomas Tull, and Customers
PRESS RELEASE — Sandbox AQ, an enterprise SaaS company delivering solutions that leverage quantum tech and AI, officially launched today and announced its investors, board chair, partners, advisors and initial customers. AQ stands for AI and Quantum, two key tools Sandbox uses to address pressing global challenges. Founded by serial entrepreneur and CEO Jack D. […]