The Case for M&A: One Way To Expand Market Reach To The Quantum Sector
CGI When the Walt Disney Company acquired Pixar Animation Studios for $7.4B in 2006, it brought Disney into a new era of content creation. Pixar’s reputation had grown prior to that off its 1995 debut movie Toy Story — the first-ever computer-animated feature film. Other successes followed: Monsters, Inc (2001), Finding Nemo (2003) and The Incredibles (2004). […]
Scientists Offer Update on Desktop Quantum Computer for Education and Research
Scientists from quantum startup SpinQ Technology gave new details on its commercial two-qubit desktop quantum computer that can be used for educational purposes — and hinted at future directions for the machine. The team reported on the device — originally launched in January 2020 as SpinQ Gemini — in ArXiv, a preprint research server. According […]
Chinese-based Qudoor Quantum Garners 50 million Yuan –$7.8 Million U.S. — in Angel Round Financing
Chinese media is reporting that quantum communication startup Qike Quantum received 50 million yuan in an Angel financing round. Investors include Zhongguancun Development Frontier Fund, Zhongguancun Gold Seed Fund, along with other unnamed investors. According to sources, this round of financing will be used for the company’s two business directions: research and development and mass […]
Launching Quantum Delta NL: Dutch Players Join Forces to Build the Future of Quantum Technology
Quantum technology is an important technology offering great opportunities for the Netherlands in the coming years — and, Quantum Delta NL has been established to accelerate the leading role of the Netherlands in quantum technology, according to a statement. Today, organizers kick off the start of Quantum Delta NL with an official online launch event […]
TQD Exclusive with Duncan Jones, CQC’s Quantum Cybersecurity Chief: CQC Now Uses Quantum Computers to Generate ‘Unbreakable’ Quantum-Proof Keys
In the waning years of the 20th century, the world’s business and government leaders were in a near meltdown as the realization that the computational cost-saving move to use two digits to represent a year would spell disaster when the world entered the new millennium. There would be no way computers could differentiate between, for […]
Classiq Secures $14.5 Million, Accelerating the Development of Quantum Computing Software
Classiq, enabling the development of world-changing quantum algorithms and applications, today announced that it secured $14.5 million in funding, according to a company statement. The $10.5 million Series A financing round was led by Team8 and Wing Venture Capital, with additional participation from Entrée Capital, OurCrowd and IN Venture, the corporate venture arm of Sumitomo […]
Global Cryogenics Forecast Positive For 2025, Set to Reach over $17B
Image by Pexels from Pixabay Don’t Blink As the quantum tech space gains traction, which in turn sets the media off into a frenzy, which in turn, turns on TQD’s switches to all the corporate angles, startup stories, research-related content, and insider gossip, the better it is for us. It’s a hamster’s wheel of content. The […]
Niels Bohr Institute’s Extraordinary Nanochip Near ‘Quantum Advantage’ Stage
Image by janeb13 from Pixabay ‘Possessing The Tool’ A research team from the University of Copenhagen Niels Bohr Institute in collaboration with the University of Bochum has published a paper in Science Advances on the development of a nanochip the size of less than one-tenth the thickness of a human hair. The paper, Scalable integrated single-photon source, […]
Terra Quantum Appoints Valerii Vinokur, Fritz London Memorial Prize honouree, as Chief Technology Officer US
Terra Quantum AG, a European quantum technology company, announced that Valerii Vinokur will be joining its staff as its Chief Technology Officer (CTO), United States, the company said in a statement. Based in Chicago, Vinokur will oversee the project portfolio, with a particular focus on hardware components, while applying his deep experience to build out […]
Young Industry, Old Roots | The 9 Veteran Startups of Quantum Tech
Image by Gerd Altmann from Pixabay Right & Wrong Here’s a question for the QC aficionados out there: What’s the name of the first company ever in the quantum tech space? For those of you who think it’s Canada’s D-Wave Systems — founded in 1999 — you’re right… as well as wrong. For though it is technically, an argument could be made […]