PsiQuantum Announces $10.8M Contract With Air Force Research Laboratory to Deliver Novel Quantum Chip Capabilities to the U.S. Air Force
PsiQuantum Announces $10.8M Contract With Air Force Research Laboratory to Deliver Novel Quantum Chip Capabilities to the U.S. Air Force
PsiQuantum today announced a $10.8M contract with the Air Force Research Laboratory (AFRL) in Rome, N.Y., continuing a partnership that began in 2022. This phase will give AFRL a design space for comparative quantum circuits on PsiQuantum’s circuit tapeout, part of its ongoing Omega quantum chipset manufacturing with GlobalFoundries. As AFRL’s hardware design partner, PsiQuantum will supply its high-performance Barium Titanate (BTO) Electro-Optic phase shifters and integrate BTO into AFRL-designed optical circuits. PsiQuantum’s 300mm BTO material is believed to be the world’s highest-performing electro-switch material. The company will also provide essential quantum circuit components. Once designed, constructed, and screened for performance, the company will deliver these completed chips to AFRL, who will then validate their capabilities to address other Air Force use cases.
DARPA Eyes Companies Targeting Industrially Useful Quantum Computers
DARPA Eyes Companies Targeting Industrially Useful Quantum Computers
Nearly 20 quantum computing companies have been chosen to enter the initial stage of DARPA’s Quantum Benchmarking Initiative (QBI), in which they will characterize their unique concepts for creating a useful, fault-tolerant quantum computer within a decade.
Nu Quantum Launches Quantum Datacenter Alliance With Cisco, NTTData, OQC, QphoX, Quantinuum, QuEra
Nu Quantum Launches Quantum Datacenter Alliance With Cisco, NTTData, OQC, QphoX, Quantinuum, QuEra
Nu Quantum has launched the Quantum Data Centre Alliance (QDA) to bring together leading companies representing different layers of the quantum computing stack and create a forum on data centre-scale quantum computers. By collecting complimentary perspectives from across the ecosystem, the QDA presents an open community to discuss the opportunities and challenges on the road to building large, scalable, and robust quantum computing services.
Infleqtion Demonstrates Largest Neutral Atom Array in UK, Paving Way for Scalable Quantum Computing
Infleqtion Demonstrates Largest Neutral Atom Array in UK, Paving Way for Scalable Quantum Computing
Infleqtion, a global leader in quantum information technologies, today announced a key milestone in the Scalable Quantum Atomic Lattice computing tEstbed (SQALE) project—the successful demonstration of a 16x16 neutral atom array—the largest reported array of its kind in the UK. This achievement is a crucial step toward building scalable quantum processors capable of supporting fault-tolerant quantum computing.
QuEra Computing Completes $230M Financing to Accelerate Development of Large-Scale Fault-Tolerant Quantum Computers
QuEra Computing Completes $230M Financing to Accelerate Development of Large-Scale Fault-Tolerant Quantum Computers
QuEra Computing, the leader in neutral-atom quantum computing, today announced it has successfully completed a financing of more than $230 million. The funds will be used to accelerate the development and production of large-scale, fault-tolerant quantum computers, reinforcing the company’s position at the forefront of quantum innovation.
Alice & Bob Closes €100M Series B Led by Future French Champions (FFC), AVP and Bpifrance to Advance Towards a Useful Quantum Computer
Alice & Bob Closes €100M Series B Led by Future French Champions (FFC), AVP and Bpifrance to Advance Towards a Useful Quantum Computer
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.
Xanadu Introduces Aurora: World’s First Scalable, Networked and Modular Quantum Computer
Xanadu Introduces Aurora: World’s First Scalable, Networked and Modular Quantum Computer
Xanadu has achieved a world-first in the quantum computing industry by successfully building a universal photonic quantum computer consisting of four modular and independent server racks that are photonically interconnected and networked together. This 12 qubit machine, known as Aurora, consists of 35 photonic chips and a combined 13 km of fiber optics all operating at room temperature.
Alice & Bob Publishes Quantum Computing Roadmap to 100 Logical Qubits in 2030
Alice & Bob Publishes Quantum Computing Roadmap to 100 Logical Qubits in 2030
Alice & Bob, a global frontrunner in the race for fault-tolerant quantum computing, has unveiled its white paper and five-year roadmap. The white paper outlines a clear path to achieving useful quantum computing through Alice & Bob’s cat qubit technology, which promises to deliver high-fidelity logical qubits while using significantly fewer hardware and energy resources compared to alternative approaches.
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
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.
QunaSys Raises JPY 1.7 Billion in Series B2 Funding
QunaSys Raises JPY 1.7 Billion in Series B2 Funding
QunaSys, Inc. (Headquarters: Tokyo, Japan; CEO: Tennin Yan), a leader in quantum computing algorithms and software development, has successfully raised JPY 1.7 billion in Series B2 funding. The round was led by Mirai Creation Fund III managed by SPARX Asset Management Co., Ltd. (Headquarters: Tokyo, Japan; President & CEO: Shuhei Abe), with additional participation from funds managed or co-managed by JIC Venture Growth Investments (VGF I), Fujitsu Ventures (Fujitsu Ventures Fund LLC), Mitsubishi Electric (ME Innovation Fund), Osaka University Venture Capital (OUVC No.2 Fund), KDDI (KDDI Open Innovation Fund III), and Kyocera (KVIF-I), and Zeon. QunaSys has signed a new JPY 500 million commitment line agreement with Sumitomo Mitsui Banking Corporation, and has agreed with KDDI and Kyocera to pursue capital and business partnerships alongside this fundraising.