Universidad Carlos III de Madrid (UC3M) and the engineering company Arquimea have received one of the 17 grants awarded by the Spanish government under the "Cátedras Chip" (Chip Chairs) programme to advance the application of photonics and integrated electronics in quantum technology research, promoting their adoption by industry. These fields are essential for ensuring the security and technological development of future industries.

Quantum computer manufacturing specialist SDT, announced that it has successfully raised KRW 20 billion (USD 14 million) in a pre-IPO funding round. This achievement marks a significant milestone as the company accelerates its plans to become Korea’s first publicly listed quantum technology firm by the second half of 2025.

Quantum pioneer Diraq has won the Defence, Dual-Use Technology and Space category at the InnovationAus 2024 Awards for Excellence for its tech advancements that could see the potential of quantum computing reach a commercial reality.

Quantum Circuits, Inc., announced highly efficient, scalable hardware that rounds out its full-stack quantum computing system, accelerating the path to fault tolerance and commercial readiness with an industry first featuring error detection built into powerful dual-rail cavity qubits.

X-FAB Silicon Foundries SE, the leading analogue/mixed-signal and speciality foundry, and SMART Photonics, the leading Indium Phosphide (InP) integrated photonics foundry, have announced a strategic collaboration. This collaboration intends to integrate X-FAB’s silicon photonics platform with SMART Photonics’ InP chiplets using micro-transfer printing (MTP) for heterogeneous integration, enabling new capabilities for datacom and telecom applications.

The European Innovation Council has approved €2.5 million in EIC Transition funding for Quobly for its MCSQUARE project to build an FD-SOI quantum processor demonstrator.

Today, Maryam Janani-Flores, Chief of Staff at the U.S. Department of Commerce’s Economic Development Administration (EDA), visited The Bloch Tech Hub, a Tech Hub that serves Illinois. The Biden-Harris Administration, through the EDA, designated The Bloch Tech Hub, a coalition led by Chicago Quantum Exchange, as a Tech Hub in October 2023.

Quantum Motion has opened its new lab in Sydney at Cicada Innovations, Australia’s leading deep tech incubator. Quantum Motion’s multimillion-dollar investment in technology, infrastructure, and people will allow the company to contribute to Australia’s growing quantum industry and broad range of talent.

Q-CTRL, the global leader in quantum infrastructure software, today announced the successful expansion of its Series B Funding Round to USD $113M (AUD $166M), with USD $59M of new capital. The Series B-2 all-equity funding round was led by global late-stage venture firm GP Bullhound and saw a dramatic increase in valuation from earlier financing. This represents the largest aggregate Series B for a quantum software company to date.

Interlune , a natural resources company, today announced a $365,000 grant from the U.S. Department of Energy (DOE) to pursue new technology that would separate Helium-3 from domestic Helium supplies. Notably, the proposed approach would not require the production of additional tritium, which is used for nuclear weapons and decays into Helium-3 over time.