Sparrow Quantum, a leading European supplier of photonic quantum chips, has secured €21.5 million in Series A funding to accelerate the development and commercialization of its world-leading quantum chip technology. The investment round was led by PensionDanmark, with strong backing from EIFO and Novo Holdings and additional investments from existing investors 2xN, LIFTT, and the European Innovation Council. This investment will enable Sparrow Quantum to meet the growing demand for photonic quantum hardware by accelerating R&D, expanding chip production, and bringing next-generation quantum chips to market.

The procurement contract for EuroQCS-Italy, the EuroHPC quantum computer to be located in Italy, has been signed by the European High Performance Computing Joint Undertaking (EuroHPC JU) and quantum computing company Pasqal, the selected vendor.

Welinq, a leader in quantum networking technology, has launched the first commercial quantum memory designed specifically for quantum data centers with world-record performance. Quantum computing is reaching a turning point: with more than 100 individual quantum computers deployed in dedicated infrastructures, the next challenge is networking them into scalable, high-performance architectures.

The Basque Government, and IBM today announced plans to install Europe's first IBM Quantum System Two at the IBM-Euskadi Quantum Computational Center on Ikerbasque Foundation's main campus in San Sebastian, Spain (Gipuzkoa, Spain). The deployment builds on the organizations' partnership, which began in 2023 as part of the BasQ initiative to further establish the Basque Country as a leading technology hub. Since the initial announcement, the parties have agreed to update the original plan to install an IBM Quantum System One, to now deploy IBM's most advanced modular quantum computer, IBM Quantum System Two, which is expected to be complete by the end of 2025.

Toshiba Europe Limited has today announced that its commercially available quantum key distribution (QKD) systems now natively incorporate the latest post quantum cryptography (PQC) standard, bringing an additional layer of security to its quantum-safe networking platform.

Multiverse Computing, a global leader in value-based quantum and quantum-inspired computing solutions and the largest quantum software company in the European Union, today announced it has secured a €25M (USD $27.1 million) oversubscribed investment round.

VTT Technical Research Centre of Finland and IQM Quantum Computers, one of the global leaders in superconducting quantum computers, have completed and launched Europe’s first 50-qubit superconducting quantum computer, now open to researchers and companies through VTT QX quantum computing service.

Today, IonQ announced that it has reached a definitive agreement with each of SK Telecom and ID Quantique (IDQ), a global leader in quantum safe networking and sensing headquartered in Geneva, Switzerland with offices in Seoul (South Korea), Vienna (Austria), and Boston (USA), to acquire a controlling stake in IDQ. Alongside the transaction, IonQ expects to enter into a strategic partnership focused on quantum with SK Telecom, the largest wireless telecommunications operator in South Korea.

Alice & Bob, a global frontrunner in the race for fault-tolerant quantum computing, today announced a raise of €100 million in its Series B funding round, led by Future French Champions (FFC), AVP (AXA Venture Partners) and Bpifrance. FFC is a partnership between QIA and Bpifrance.

Announced in Brussels, Belgium, the European Space Agency (ESA) and European Commission formalised their cooperation agreement, partnering to strengthen support of a groundbreaking quantum communication network across the EU. European Quantum Communication Infrastructure (EuroQCI) marks a significant step forward in meeting the EU’s Digital Decade target of being at the forefront of quantum capabilities by 2030. The agreement was signed between Roberto Viola, the European Commission's Director-General of DG Communications Networks, Content and Technology (DG CONNECT), and Laurent Jaffart, ESA's Director of Connectivity and Secure Communications.