SandboxAQ Announces More Than $300 Million of Funding to Drive Next Era of AI

SandboxAQ Announces More Than $300 Million of Funding to Drive Next Era of AI

December 21, 2024
SandboxAQ today announced a round of more than $300 million from Fred Alger Management, LLC, T. Rowe Price Associates, Inc., Mumtalakat, Parkway Venture Capital, Breyer Capital, Rizvi Traverse, S32, US Innovative Technology Fund, Ava Investors, Eric Schmidt, Marc Benioff, David Siegel, Yann LeCun, IQT, and other prominent investors. The funding round valued the company at $5.3 billion on a pre-money basis.

Planqc to Build 1,000-Qubit Neutral-Atom Quantum Computer in €20 Million Government-Funded Project for Leibniz Supercomputing Centre

Planqc to Build 1,000-Qubit Neutral-Atom Quantum Computer in €20 Million Government-Funded Project for Leibniz Supercomputing Centre

November 14, 2024
planqc has been selected to lead a €20 million project to build and deploy a 1,000-qubit quantum computer at the Leibniz Supercomputing Centre (LRZ) in Garching near Munich. This advanced quantum computer, based on neutral atoms, will be integrated into LRZ’s high-performance computing (HPC) infrastructure, serving as an accelerator for scientific research and towards industrial applications.

Aquark Technologies and the Royal Navy Successfully Test Quantum Sensing at Sea

Aquark Technologies and the Royal Navy Successfully Test Quantum Sensing at Sea

November 4, 2024
UK quantum technology company Aquark Technologies, in partnership with the Office of the Chief of Technology Officer (OCTO) for the Royal Navy, successfully demonstrated the capabilities of its novel cold atom technology on the Royal Navy’s HMS Pursuer vessel. The successful trial proves the robustness of Aquark’s technology for operation in demanding military conditions, unlocking new possibilities in areas such as covert monitoring that require precise signals for accurate positioning, navigation and timing.

Quantum Space Sensor to Fight Climate Change

Quantum Space Sensor to Fight Climate Change

September 26, 2024
An new project, launched by the European Commission and supported by the Quantum Flagship, is set to transform the way in which Earth monitoring is conducted by providing more accurate data on changes in ice melt, groundwater depletion, and ocean circulation. CARIOQA-PMP is a new €17 million project that seeks to improve traditional gravity-sensing methods by incorporating the capabilities of quantum sensors.

Planqc Raises 50 Million Euro Series A

Planqc Raises 50 Million Euro Series A

July 9, 2024
planqc, the European leader in digital atom-based quantum computing, proudly announces the securement of €50 million financing. This substantial Series A investment is led by the European Family Office CATRON Holding and the DeepTech & Climate Fonds (DTCF).

PQShield Raises $37M in Series B Funding to Deliver the Widespread Commercial Adoption of Quantum Resistant Cryptography

PQShield Raises $37M in Series B Funding to Deliver the Widespread Commercial Adoption of Quantum Resistant Cryptography

June 21, 2024
PQShield, a cybersecurity company specializing in post-quantum cryptography (PQC), has raised $37 million in Series B funding led by Addition, with participation from new investors Chevron Technology Ventures, Legal & General and Braavos Capital, together with existing backers, Oxford Science Enterprises.

Un-Jammable Quantum Tech Takes Flight to Boost UK’s Resilience Against Hostile Actors

Un-Jammable Quantum Tech Takes Flight to Boost UK’s Resilience Against Hostile Actors

May 14, 2024
In a first-of-its-kind achievement, the UK has successfully completed commercial flight trials of advanced quantum-based navigation systems that cannot be jammed or spoofed by hostile actors.

Un-Jammable Quantum Tech Takes Flight to Boost UK’s Resilience Against Hostile Actors

Un-Jammable Quantum Tech Takes Flight to Boost UK’s Resilience Against Hostile Actors

May 14, 2024
In a first-of-its-kind achievement, the UK has successfully completed commercial flight trials of advanced quantum-based navigation systems that cannot be jammed or spoofed by hostile actors.

Q-CTRL Overcomes GPS-Denial With Quantum Sensing, Achieves Quantum Advantage

Q-CTRL Overcomes GPS-Denial With Quantum Sensing, Achieves Quantum Advantage

April 15, 2025
Q-CTRL, the global leader in quantum infrastructure software, announced successful field trials of a new generation of quantum-assured navigation solutions validated to outperform comparable conventional alternatives in challenging real-world settings. This marks the first achievement of commercial quantum advantage for any of the recently posed applications of quantum technology, cementing Q-CTRL’s role as the dominant leader in the quantum sector.

Quantum Computing Inc. Secures Quantum Photonic Vibrometer Order With Delft University of Technology

Quantum Computing Inc. Secures Quantum Photonic Vibrometer Order With Delft University of Technology

April 2, 2025
Quantum Computing Inc. (“QCi” or the “Company”), an innovative, integrated photonics and quantum optics technology company, today announced it has received its second purchase order in the Company’s LiDAR-based R&D offering. This latest order comes from the Department of Aerospace Structures and Materials at Delft University of Technology in the Netherlands. TU Delft is a world renowned public technical university, consistently ranking in the top 20 of technical universities globally. TU Delft specializes in engineering, technology, computing, design, and the natural sciences, winning multiple awards such as JEC Composites Innovation Award 2025 and Airbus-BMW Quantum Computing Challenge.
Subscribe to Aerospace