3 Companies Working With Quantum Annealing Technology in 2024

We’ve covered Trapped Ions and Neutral/Cold Atoms quantum technology companies in previous posts powered by Quantum Insider’s proprietary data platform. Now it’s the turn of the Quantum Annealing approach, “an optimization process for finding the global minimum of a given objective function over a given set of candidate solutions (candidate states), by a process using […]
Quantagonia Announces Closing of Pre-seed Funding Round To Bring The Benefits of Quantum Computers to Businesses Today

Quantagonia GmbH announced the closing of their pre-seed funding round with a consortium of three deep-tech investors to bring the benefits of quantum computing algorithms to business today. With its ability to apply quantum algorithms to better solve existing business problems on today’s computers, Quantagonia can help businesses efficiently accelerate their on-ramp to Quantum […]
Rigetti SPAC Expected to Close March 2

A special purpose acquisition company said today that it expects to complete its previously announced combination with Rigetti on March 2, 2022, subject to final vote of Supernova shareholders on February 28, 2022, according to a news release. Supernova Partners Acquisition Company II, Ltd. (NYSE: SNII) reports that all conditions to be met, including minimum cash […]
IonQ Aria Achieves Record 20 Algorithmic Qubits

PRESS RELEASE — IonQ (NYSE: IONQ) announced that IonQ Aria, the Company’s latest quantum computer, has achieved a record 20 algorithmic qubits and has furthered its lead as the most powerful quantum computer in the industry based on standard application-oriented industry benchmarks. IonQ Aria, currently available for customers in private beta, has the potential to […]
Chicago-based Super.tech Releases SupermarQ – A New Suite of Benchmarks for Quantum Computers

CHICAGO, IL – Today, Super.tech released SupermarQ, an application-centric benchmarking suite for quantum computers. Benchmarking is a keystone of the computing industry and is especially important for quantum computing at this stage of development, and SupermarQ aims to stand out from existing quantum benchmarking techniques. Fred Chong, the Seymour Goodman Professor of Computer Science at […]
Women in Quantum Series: Anna Naden of the Chicago Quantum Computing Revival

For some people, quantum technology, specifically quantum computing, can be a reason to get together. That’s what happened for Anna Naden, a transgender woman in her early 70’s, who decided to start a community meetup group focusing on quantum computing. “I studied physics in my youth,” she explained. “Then I became a software developer, and […]
Oxford spinoff QuantrolOx Raises £1.4 Million to Accelerate Scalable Quantum Computing Development

PRESS RELEASE — QuantrolOx is announcing that it has raised £1.4m in seed funding to scale quantum computing, led by Nielsen Ventures and Hoxton Ventures. Voima Ventures, Remus Capital, Dr. Hermann Hauser, and Laurent Caraffa also invested in the round. QuantrolOx is building automated, machine-learning based control software for quantum technologies to tune, stabilise, and […]
QCI and QPhoton Announce Exclusive Marketing Agreement for Photonic Quantum Processing Technologies

PRESS RELEASE — Quantum Computing Inc. (“QCI” or the “Company”) (Nasdaq: QUBT), a leader in bridging the power of classical and quantum computing, today announced their business partnership and exclusive marketing agreement with QPhoton, Inc., a leading innovator in the quantum photonic technology space. The companies will work together to merge QCI’s quantum software solution, Qatalyst™, […]
Quantum Australia Creates some Big Waves in the Quantum Community

2022 has started as a big year for Australia, as it has been hosting the Quantum Australia conference in Sydney. Researchers and industry leaders from all over the world have come to speak on the advances and importance of quantum technology The list of names includes representatives from IBM Quantum, Microsoft Quantum, Xanadu, Google Quantum […]
Australia’s Chief Scientist Begins Quantum Mission For Her Country

Australia’s chief scientist doesn’t want quantum to go the way of solar power in Australia, with relatively little return from a locally developed, globally transformative technology now present in $50 billion worth of panels worldwide. That is why Dr. Cathy Foley is spending much of 2022 speaking with stakeholders about how to best capitalize on […]