EUR 17.5 Million in EIC Financing Propels SemiQon’s Growth From Startup to Scaleup
EUR 17.5 Million in EIC Financing Propels SemiQon’s Growth From Startup to Scaleup
Finland-based quantum hardware company SemiQon breaks out of the startup stage after securing a total of 17.5 million euros in blended financing from the European Innovation Council. With the EIC backing, SemiQon will speed up commercialization and diversify its business to domains beyond the quantum industry. The highly competitive EIC funding consists of EUR 2.5 million in a competitive, non-dilutive grant and an additional EUR 15 million of equity-based ear-marked funding.
Spanish Government Announces €67M Investment in Multiverse Computing
Spanish Government Announces €67M Investment in Multiverse Computing
The Spanish government’s Minister for Digital Transformation and Public Function, Óscar López, announced on Tuesday that the government will become a shareholder of San Sebastian-based Multiverse Computing with a co-investment of 67 million euros.
European Consortium Launches PQC4eMRTD Project to Enhance Security of Electronic Passports in the Quantum Era
European Consortium Launches PQC4eMRTD Project to Enhance Security of Electronic Passports in the Quantum Era
A significant European initiative, the PQC4eMRTD (Post-Quantum Cryptography for electronic Machine-Readable Travel Documents) project, has officially commenced today. Funded by the European Union under the Digital Europe Programme, the two-year project aims to address the security challenges posed by the rise of quantum computing, focusing on the standardization and promotion of quantum-resistant (QR) cryptographic protocols for electronic machine-readable travel documents (eMRTDs).
Q*Bird, Eurofiber and Single Quantum Partnership Awarded €1 Million Grant for Quantum Key Distribution Project
Q*Bird, Eurofiber and Single Quantum Partnership Awarded €1 Million Grant for Quantum Key Distribution Project
Q*Bird, Single Quantum and Eurofiber have been awarded a €1 million subsidy to push the boundaries of Quantum Key Distribution (QKD) technology, further securing digital communications. Announced at the 2025 Mobile World Congress in Barcelona.
Vodafone and IBM Work to Future-Proof Smartphone Security With Quantum-Safe Cryptography
Vodafone and IBM Work to Future-Proof Smartphone Security With Quantum-Safe Cryptography
Today, Vodafone and IBM announced a collaboration aimed at protecting customers and their data from future risks related to quantum computers when browsing the Internet on their smartphones.
QunaSys Secures the Innovation Fund Denmark’s Grant for Quantum Chemistry Breakthroughs
QunaSys Secures the Innovation Fund Denmark’s Grant for Quantum Chemistry Breakthroughs
QunaSys is proud to announce that it has been awarded funding from the Innovation Fund Denmark as part of the HyperTenQ project, an initiative aimed at advancing quantum computing for chemistry. With an investment of DKK 19 million, this prestigious grant recognizes QunaSys’s leadership in quantum computing and its potential to transform materials science, drug discovery, and sustainable technologies.
Public Consultation on the National Strategy for Quantum Technologies: Contribution Collection Open on the MUR Website
Public Consultation on the National Strategy for Quantum Technologies: Contribution Collection Open on the MUR Website
The first draft of the National Strategy for Quantum Technologies is now available on the website of the Ministry of University and Research (MUR). The document, prepared by the dedicated Working Group, is open to public consultation. The initiative aims to gather contributions and observations from sector stakeholders, promoting a participatory process in defining national guidelines.
SEALSQ Enters Into Exclusive Negotiations to Acquire 100% of IC’ALPS
SEALSQ Enters Into Exclusive Negotiations to Acquire 100% of IC’ALPS
SEALSQ Corp("SEALSQ" or "Company"), a leading developer and provider of Semiconductors, PKI, and Post-Quantum technology hardware and software solutions, today announced that it has entered into exclusive negotiations with the shareholders of IC’ALPS SAS (“IC’ALPS”), an ASIC design and supply specialist based in Grenoble, France, to acquire 100% of the share capital and voting rights of IC’ALPS. These exclusive negotiations result from the execution of a Letter of Intent with IC’ALPS and its shareholders. The acquisition is subject to, amongst other items, the completion of the appropriate due diligence, execution of definitive agreements, and authorization by French regulatory authorities. This proposed strategic acquisition will reinforce SEALSQ’s commitment to advancing its Application-Specific Integrated Circuit (ASIC) development to meet the growing demand in the sector and add approximately 100 highly-skilled staff based out of IC’ALPS’ current centers in Grenoble and Toulouse.
University of Manchester Researchers Unveil Breakthrough in Quantum Nanotechnology
University of Manchester Researchers Unveil Breakthrough in Quantum Nanotechnology
Researchers at the National Graphene Institute at the University of Manchester have achieved a significant milestone in the field of quantum electronics with their latest study on spin injection to graphene. The paper, published recently in Communications Materials, outlines ground-breaking advancements in spintronics and quantum transport.
IonQ Announces Fourth Quarter and Full Year 2024 Financial Results
IonQ Announces Fourth Quarter and Full Year 2024 Financial Results
IonQ, a leader in the quantum computing and networking industries, today announced financial results for the quarter and full year ended December 31, 2024.