QpiAI Closes $6.5 Mill Pre-Series A Funding Led by Yournest and SIDBI Venture Capital

QpiAI Closes $6.5 Mill Pre-Series A Funding Led by Yournest and SIDBI Venture Capital

June 22, 2024
QpiAI, a leader in quantum computing and generative AI, announced its maiden external funding of $6.5 million to build Quantum computing and Generative AI products and platforms.

Crypto Quantique, ZARIOT and Kigen Unveil Quantum-Safe Hardware Root-of-Trust for Cellular IoT

Crypto Quantique, ZARIOT and Kigen Unveil Quantum-Safe Hardware Root-of-Trust for Cellular IoT

June 19, 2024
Crypto Quantique, a leading provider of quantum-driven security for IoT and ZARIOT, an award-winning cellular IoT connectivity provider, have partnered with leading eSIM vendor, Kigen. This global partnership implements IoT-SAFE to leverage the Hardware Root-of-Trust of any SIM with native access to quantum-safe technology for the first time.

JPMorgan Chase, Argonne National Laboratory and Quantinuum Show Theoretical Quantum Speedup with the Quantum Approximate Optimization Algorithm

JPMorgan Chase, Argonne National Laboratory and Quantinuum Show Theoretical Quantum Speedup with the Quantum Approximate Optimization Algorithm

June 1, 2024
In a new paper in Science Advances on May 29, researchers at JPMorgan Chase, the U.S. Department of Energy’s (DOE) Argonne National Laboratory and Quantinuum have demonstrated clear evidence of a quantum algorithmic speedup for the quantum approximate optimization algorithm (QAOA).

Q*Bird Raises €2.5 Million to Accelerate Growth of Its ‘Falqon’ Quantum Security Technology

Q*Bird Raises €2.5 Million to Accelerate Growth of Its ‘Falqon’ Quantum Security Technology

June 1, 2024
Next-generation communications security startup Q*Bird has raised a €2.5 million round to accelerate its growth in the emerging quantum security market.

Photonic Demonstrates Distributed Entanglement Between Modules, Marking Significant Milestone Toward Scalable Quantum Computing and Networking

Photonic Demonstrates Distributed Entanglement Between Modules, Marking Significant Milestone Toward Scalable Quantum Computing and Networking

June 1, 2024
Photonic's architecture literally goes 'outside the box,' optically entangling and performing distributed computing between remote T centre spins using telecom photons, to uniquely solve industry’s longstanding scale problem.

Quantum Test and Measurements Instrumentation Developer Zurich Instruments Appoints New CEO

Zurich Instruments, a developer of test & measurements instrumentation for quantum technology, announced yesterday that it has appointed Andrea Orzati as its new  Chief Executive Officer, replacing company founder Sadik Hafizovic.

QUANTUMWIRE.COM
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Zurich Instruments’ New CEO for the Next Leap Forward

Zurich Instruments’ New CEO for the Next Leap Forward

May 29, 2024
Zurich Instruments, a leader in quantum technology and test & measurements instrumentation, officially announces the appointment of Andrea Orzati as its new Chief Executive Officer. As an accomplished business leader, Andrea succeeds Sadik Hafizovic, the company founder, to fully realize Sadik’s vision of scaling up.

Arqit Quantum Secures Share Purchase Agreement with Major Shareholder and Founders

Yesterday, the quantum security encryption company Arqit Quantum announced that its existing major shareholder, D2BW Limited, and two founders have agreed to purchase 1,241,379 ordinary shares from the company at a price of $0.725 per share, which was the closing price of its ordinary shares on the Nasdaq market on March 28, 2024.

QUANTUMWIRE.COM
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Quantonation Announces the First Closing of Its New €200 Million Fund Dedicated to Quantum Technologies

Quantonation Announces the First Closing of Its New €200 Million Fund Dedicated to Quantum Technologies

April 11, 2024
Quantonation Ventures announces the first closing of its second early-stage fund dedicated to Quantum Technologies, Quantonation II, at €70 million of the €200 million target. Quantonation is at the center of the emerging Quantum Tech industry, and is already investing globally in new companies from this second fund.

SemiQon Announces Successful Testing And Global Shipping of Its Silicon-Based Quantum Chips And Transistors

SemiQon Announces Successful Testing And Global Shipping of Its Silicon-Based Quantum Chips And Transistors

March 15, 2024
SemiQon, a Finland-based startup specializing in silicon-based quantum processors, has announced it has successfully manufactured and pre-tested a 4-qubit quantum dot array from the first production run at its manufacturing facility in Espoo, Finland. The new chips are now shipping to strategic partners around the world as a toolkit for further research and development. The aim is to help make building stable logical qubits easier and faster to accelerate the use of quantum computing for complex problems.
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