Rigetti and Zapata Collaborate to Build Commercial Hybrid Quantum-Classical Compilation Stack for Application Development
PRESS RELEASE — Rigetti Holdings, Inc., a pioneer in hybrid quantum-classical computing, and Zapata Computing, a leading enterprise software company for quantum-classical applications, announced a new phase in their long-standing partnership: the companies are developing an industry-first compilation toolchain explicitly designed for hybrid quantum-classical algorithms. As part of the work, Zapata will integrate Orquestra, its […]
Q-CTRL Awarded US Department of Energy Small Business R&D Grant
PRESS RELEASE — Q-CTRL, an emerging leader producing useful quantum technologies, today announced the company’s U.S. office will receive a $230,000 Phase-1 SBIR grant from the U.S. Department of Energy (DOE) for advanced scientific computing research. Q-CTRL’s funding is one of 158 grants totaling $35 million nationwide to support scientific innovation and clean energy development. Q-CTRL […]
Duke University, IonQ’s New Quantum Computing Gate Could Lead to More Efficient Quantum Algorithms
PRESS RELEASE — The Duke Quantum Center (DQC) at Duke University and IonQ (NYSE: IONQ) today announced the invention of a new quantum computing operation with the potential to accelerate several key quantum computing techniques and contribute to scaling quantum algorithms. The new quantum gate is a novel way to operate on many connected qubits […]
FormFactor: Fast-Testing Sensitive Semiconductor Expertise Vital for Emerging Quantum Industry
The quantum computing landscape is just starting to form and the industry is in its relatively early stages. But, with an estimated $25 billion of committed government investment, and record private capital flowing into the market during the last year, quantum is one of the most rapidly growing industries. With that much on the line, […]
ColdQuanta Awarded Office of Naval Research Contract to Develop Portable Atomic Clocks
PRESS RELEASE — ColdQuanta, the global quantum ecosystem leader, today announced it has been awarded a 5-year subcontract in response to an ONR Broad Area Announcement (BAA) to develop portable atomic clocks. ColdQuanta will serve as a subcontractor to Vescent, which secured the $15.6 million total award. Under the Compact Rubidium Optical Clock (CROC) program, […]
Quantum-South Releases Quantum Computing Based Air Cargo Optimization Application
Air Cargo Load Optimization Leveraged by Quantum Computing PRESS RELEASE — Montevideo, Uruguay. Quantum-South releases quantum computing-based air cargo optimization application ready to execute proofs of concept. The software aims to bring efficiency in logistics, helping companies to improve revenues and reduce costs. The software has been tested on platforms of different quantum computing providers. The Quantum-South […]
Arqit to Demonstrate Quantum Encryption Viability to US Air Force
PRESS RELEASE — Arqit Limited, a leader in quantum encryption technology, has signed a new Cooperative Research and Development Agreement (CRADA) with the US Air Force’s (USAF) Research Laboratory, Directed Energy Directorate, Space Electro-Optics Division. The CRADA will demonstrate the interoperability and performance of Arqit’s QuantumCloud™ platform for defence use cases. When the Arqit platform is […]
Nord Quantique Emerges From Stealth, Secures $9.5 Million CAD in Seed Funding
PRESS RELEASE —Nord Quantique, a Sherbrooke-based quantum computing technology start-up, today announced it has closed CAD $9.5 million seed funding. Nord Quantique develops technology using superconducting qubits to solve challenges within current quantum processors. Co-leading this seed investment is BDC Capital’s Deep Tech Venture Fund and Paris-based Quantonation VC fund. Real Ventures from Montréal, already a shareholder, also […]
D-Wave Prepares to Raise $340 Million Through SPAC, Approx $1.6 Billion Valuation
D-Wave, a Vancouver-based pioneer in quantum computing, announced today that it was preparing to go public through a special purpose acquisition company, or SPAC. According to a company news release, the company has entered into a definitive transaction agreement with DPCM Capital, Inc. (NYSE: XPOA), a publicly traded special purpose acquisition company (“DPCM Capital”). The […]
Quantum Computing Lab Opens in London, Aims to Build World’s Largest Quantum Computer
PRESS RELEASE — Quantum Motion, a UK-based quantum computing spinout led by academics from UCL and Oxford University, is leading a wave of technology and science innovation by opening the largest independent quantum computing lab in the UK. The London lab will conduct practical experiments in temperatures 100 times colder than deep space to develop […]