SandboxAQ launched yesterday the world’s first dual-use real-time magnetic navigation system powered by AI and quantum technology (AQ), which can provide real-time location information during uncontrolled operational flights. AQNav is a dual-use military and civilian magnetic navigation system for Assured Positioning Navigation and Timing (APNT), offering an unjammable, all-weather, and terrain-agnostic APNT solution.

IBM will deploy Korea's first IBM commercial quantum computer at Yonsei University’s Songdo campus in Incheon in the latter half of this year. Yesterday, The full-scale model of the IBM Quantum System One was displayed at the Quantum Korea 2024 event held in Goyang, South Korea. It is understood that Yonsei University and IBM announced their collaboration to build the "Yonsei-IBM Quantum Computing Center" in July last year, making South Korea the fifth country to deploy IBM's superconducting quantum computer locally.

IQM Quantum Computers (IQM), announced yesterday the opening of its first quantum data centre in Munich, Germany, to support industry applications, with plans to place up to 12 quantum computers in the data centre. At present, the data centre is equipped with two of IQM’s quantum computers, the facility, housed in the company’s Munich premises.

Yesterday, the quantum startup Qblox announced the successful completion of a Series A funding round of $26 million, led by Quantonation and Invest-NL Deep Tech fund, with additional participation from QDNL participations and the European Innovation Council (EIC). Qblox said that its control stack solutions are currently utilised by over one hundred customers globally, and this Series A funding will further fuel Qblox's efforts in research and development, allowing for accelerated product development and enhanced market positioning.

PQShield, a cybersecurity company specializing in post-quantum cryptography (PQC), has raised $37 million in Series B funding led by Addition. PQShield will use the funding to expand its commercial operations as it continues to meet growing global demand for its quantum-ready cryptographic solutions for hardware, software, and communications.

The neutral atom quantum computer manufacturer Pasqal announced yesterday that it has delivered a quantum processing unit (QPU) with over 100 qubits to GENCI (Grand Équipement National de Calcul Intensif) and CEA (French Alternative Energies and Atomic Energy Commission). It is the first QPU delivered by Pasqal to a third party, and the QPU will be integrated with GENCI’s supercomputer, Joliot-Curie, which is hosted and operated by CEA at TGCC.