Toshiba and Quantonation Announce Toshiba's Investment in Quantum Investment Fund Quantonation II
Toshiba and Quantonation Announce Toshiba's Investment in Quantum Investment Fund Quantonation II
Toshiba Corporation has announced that it will make a corporate venture capital investment in Quantonation II, a fund operated by Quantonation Ventures, a leading quantum technology investment fund based in Europe and the US. Toshiba has committed to invest in Quantonation II, with the aim of accelerating research and development of quantum technology and advancing the practical application of quantum-based services through collaboration with Quantonation and the companies in its portfolio.
The Nonprofit Organization IQC Canada Inc. Has Received CAD 18.4 Million in Funding From the Canadian Government
The Canadian national nonprofit organization IQC Canada Inc. recently announced that it has received CAD 18.4 million in funding from the Innovation, Science and Economic Development Canadian Strategic Science Fund (SSF). It is reported that the company is committed to collaborating with the Institute for Quantum Computing (IQC) in Canada to strengthen Canadian quantum development and maintain the country's global leadership in quantum technology.
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QuantX Labs Celebrates First Sale of Cutting-Edge Atomic Clock Technology with $2.7M Defence Contracts
QuantX Labs Celebrates First Sale of Cutting-Edge Atomic Clock Technology with $2.7M Defence Contracts
QuantX Labs, an Australian medium-sized company proudly announces the landmark first sales of its state-of-the-art optical atomic clocks. The company recently signed two contracts with Commonwealth of Australia represented by Department of Defence totalling over $2.7 million.
U.S. Department of Energy Awards $138 Million to 91 Early Career Scientists
U.S. Department of Energy Awards $138 Million to 91 Early Career Scientists
The U.S. Department of Energy (DOE) today announced the selection of 91 early career scientists from across the country who will receive a combined $138 million in funding for research covering a wide range of topics including artificial intelligence, fusion energy, and quantum. These awards are critical to the Biden-Harris Administration’s efforts to develop the next generation of STEM leaders to solidify America’s role as the driver of science and innovation around the world.
Groundbreaking Quantum Algorithm Developed by OU Professor Adopted by Google and IBM
Groundbreaking Quantum Algorithm Developed by OU Professor Adopted by Google and IBM
A groundbreaking algorithm developed by Prakash Vedula, Ph.D., a professor at the University of Oklahoma School of Aerospace and Mechanical Engineering, and Alok Shukla, Ph.D., a professor in the Mathematical and Physical Sciences division at Ahmedabad University, has been incorporated into advanced computing software developed by Google and IBM. The algorithm is remarkable for its exponential improvement over previous methods.
Mesa Quantum is Awarded Direct-to-Phase II SBIR Contract by SpaceWERX to Develop Alt-PNT Quantum Technologies
Mesa Quantum is Awarded Direct-to-Phase II SBIR Contract by SpaceWERX to Develop Alt-PNT Quantum Technologies
Mesa Quantum announces it has been selected by SpaceWERX for a Direct-to Phase II Small Business Innovation Research (SBIR) grant in the amount of $1.9M focused on miniaturized atomic clocks for alternative Positioning, Navigation, & Timing (PNT) to address the most pressing challenges in the Department of the Air Force (DAF).
Quantistry and IQM Announce MoU to Explore Hybrid Quantum Solutions for the Chemical and Material Industry
Quantistry and IQM Announce MoU to Explore Hybrid Quantum Solutions for the Chemical and Material Industry
Quantistry, a Berlin-based start-up offering the world’s most intuitive cloud-native chemical simulation platform, and IQM Quantum Computers (IQM), a global leader in building quantum computers, announced today a Memorandum of Understanding (MoU) to explore hybrid classical-quantum solutions, focusing on R&D challenges in the chemical and material industry.
The Bloch Quantum Tech Hub Awarded $500,000 by Economic Development Administration
The Bloch Quantum Tech Hub Awarded $500,000 by Economic Development Administration
The award will be used to attract additional capital and strengthen the coalition, which has already launched efforts to secure quantum assets and explore quantum technology solutions for fraud detection, in manufacturing, and more.
New Mexico Community College Designated a Lead for Training Quantum Technicians in Partnership with Elevate Quantum Consortium
New Mexico Community College Designated a Lead for Training Quantum Technicians in Partnership with Elevate Quantum Consortium
The harnessing of quantum technology will transform the economy and lead to high demand for quantum technicians who do not need an advanced degree for high-quality careers in emerging technology growth industry.
Organizations in the United States and Canada Signed a Letter of Intent to Strengthen the Connection Between Their Quantum Ecosystems
Recently, representatives from the Chicago Quantum Exchange, the University of Chicago’s Polsky Center for Entrepreneurship and Innovation, and Distriq, from the Quantum Innovation Zone in Sherbrooke, Quebec, Canada, held a meeting to discuss shared objectives, goals, and opportunities to deepen relationships. Additionally, the parties signed a letter of intent to build meaningful and sustainable connections between the respective ecosystems.
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NewsFlash
September 12, 2024
Industry Pioneers
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