SEEQC Raises $30 Million To Advance Quantum Computing Platforms With the World’s First Full-Stack Processor for Quantum Computers
SEEQC Raises $30 Million To Advance Quantum Computing Platforms With the World’s First Full-Stack Processor for Quantum Computers
SEEQC, the first company to create digital chips to power full-stack quantum computing systems that work with all quantum computing technologies – has raised $30 million to further accelerate the capabilities and commercial rollout of its chip platform. The round was led by NordicNinja and Booz Allen Ventures with participation from SIP Capital, alongside existing investors EQT Ventures, M-Ventures (Merck KGaA, Darmstadt, Germany) BlueYard Capital, FAM and Asset Management.
Infleqtion Secures $11 Million DoD APFIT Award to Accelerate Deployment of Quantum Timing for Defense Applications
Infleqtion Secures $11 Million DoD APFIT Award to Accelerate Deployment of Quantum Timing for Defense Applications
Infleqtion, the world’s leading quantum information company, today announced its receipt of $11 million in funding from the U.S. Department of Defense (DoD) as part of the latest tranche of awards under the Accelerate the Procurement and Fielding of Innovative Technologies (APFIT) program. This funding supports Infleqtion’s work on the Rack Mounted Optical Clocks project, with Tiqker at the forefront, driving advancements in precision timing solutions—critical for enhancing military operational readiness, secure communications, and mission success in contested environments.
Quantum Sensors Deliver Extreme Measurement Precision for Many Sectors
Quantum Sensors Deliver Extreme Measurement Precision for Many Sectors
Quantum sensors pave the way for innovation in sensing technology. They are set to revolutionise a variety of sectors, spanning from health care to space and defence. VTT Technical Research Centre of Finland is at the forefront of quantum sensor development, aiming to commercialise the technology for the benefit of many. The research institute strongly believes that broader adoption of quantum technologies has a strong and positive societal and environmental impact.
IonQ Announces Largest 2024 U.S. Quantum Contract Award of $54.5M with United States Air Force Research Lab.
IonQ Announces Largest 2024 U.S. Quantum Contract Award of $54.5M with United States Air Force Research Lab.
IonQ, a leader in the quantum computing industry, today announced that it has signed a $54.5 million contract with the United States Air Force Research Lab (AFRL). With a quarter remaining in the fiscal year, IonQ has announced $72.8 million in bookings year-to-date and reiterated its confidence in meeting or exceeding its bookings guidance of $75-95 million for the year.
PsiQuantum To Build First US-Based Utility-Scale Quantum Computer in Chicago, Illinois
PsiQuantum To Build First US-Based Utility-Scale Quantum Computer in Chicago, Illinois
siQuantum today announced a far-reaching partnership with the State of Illinois, Cook County, and the City of Chicago to build the first US-based utility-scale, fault-tolerant quantum computer at the former US Steel South Works property in the City of Chicago. Under this agreement PsiQuantum will anchor the newly established Illinois Quantum and Microelectronics Park (IQMP) which will catalyze the state’s highly developed quantum ecosystem, including the University of Illinois Urbana-Champaign (UIUC), the University of Chicago, the Chicago Quantum Exchange, Argonne and Fermi national labs and DARPA, the US Department of Defense’s Advanced Research Project Agency and others.
The House Armed Services Committee Is Calling for the Establishment of a Military-Focused Quantum Computing Center of Excellence
Recently, the lawmakers on Cyber Innovative Technologies, and Information Systems (CITI) of the House Armed Services Subcommittee have been promoting the establishment of a military-focused Quantum Computing Center of Excellence(COE) to help the U.S. Department of Defense strategically scale the technology and build on current momentum. If this new provision is passed, the Quantum COE will be established within 10 years after the enactment of the legislation.
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Quantum Computing, Inc. Announces Retirement of Chief Executive Officer and President Dr. William McGann
Quantum Computing, Inc. Announces Retirement of Chief Executive Officer and President Dr. William McGann
Quantum Computing Inc. (“QCi” or the “Company”), an innovative, integrated photonics and quantum optics technology company, today announced that the Chief Executive Officer (CEO) and President, Dr. William McGann, 67, has notified the Board his intention to retire effective May 12, 2025, after a distinguished career in the technology sector. As part of the succession plan, the Company’s Board of Directors (the “Board”) named Dr. Yuping Huang as Interim CEO and President. The Board has formed a committee that will work with an executive search firm to select a new CEO.
Q-CTRL Overcomes GPS-Denial With Quantum Sensing, Achieves Quantum Advantage
Q-CTRL Overcomes GPS-Denial With Quantum Sensing, Achieves Quantum Advantage
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.
UMD ARLIS Launches Maryland Institute for Quantum Applications
UMD ARLIS Launches Maryland Institute for Quantum Applications
The University of Maryland’s Applied Research Laboratory for Intelligence and Security (ARLIS) announces the creation of a new center aimed at harnessing the potential of quantum technologies to advance national security over the next several decades. The Maryland Institute for Quantum Applications will investigate how technologies such as quantum computing, networking and sensing can lead to new strategic tools and systems designed to enhance national defense capabilities.
Quantinuum Selected by DARPA to Advance to First Stage of Quantum Benchmarking Initiative
Quantinuum Selected by DARPA to Advance to First Stage of Quantum Benchmarking Initiative
Quantinuum, the industry leader in quantum computing with the world’s most powerful quantum computer, has been selected by the Defense Advanced Research Projects Agency (DARPA), a research and development agency of the United States Department of Defense, to participate in the first stage of the agency’s Quantum Benchmarking Initiative (QBI).