Advancing quantum science is a national priority of the federal government, and a proposal to establish the University of Tennessee at Chattanooga Quantum Center has been awarded $3.5 million from the National Institute of Standards and Technology (NIST).

Oxford Ionics, a world leader in trapped-ion quantum computing, today announced its co-founder and CEO, Chris Ballance, will be speaking at WebSummit this week in Lisbon, Portugal.

Finnish technology company Quanscient, a leader in cloud-based multiphysics simulation technology and quantum algorithms, announces today its new growth funding of €5.2 million. The round was led by prominent Nordic early-stage venture capital firm Crowberry Capital and joined by Speen Holding with follow-on investments from Finnish early-stage venture capital investors Maki.vc and First Fellow. The new funding will enable Quanscient to bring engineering simulations into the quantum era.

The European High Performance Computing Joint Undertaking (EuroHPC JU) has selected LuxProvide, as a new site to host and operate in Luxembourg a cutting-edge EuroHPC quantum computer, driving Europe's leadership in quantum technologies.

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 technologies are at the leading edge of research and innovation in fields such as advanced manufacturing, transportation, finance, energy and healthcare. Alberta has strengths in quantum computing, materials, sensors and communications technology. The Government of Canada is making investments to further enable Alberta’s innovators to adopt and develop quantum solutions that have the potential to make a transformative impact on the lives of Canadians.

TreQ Global Inc (/trɛk/), a quantum computing company, announced today that it closed an oversubscribed seed round, raising $5+ million. Engineers at TreQ design, manufacture, and operate bespoke, open-architecture quantum computing clusters. The company serves clients building on-premises quantum-readiness infrastructure for businesses, institutions, and communities worldwide.

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.

Honeywell today announced a new Public-Private Partnership with the European Space Agency (ESA) to provide Honeywell’s Quantum Key Distribution Satellite (QKDSat), an ultra-secure telecommunications satellite that helps keep the exchange of sensitive information secure and private. The partnership supports Honeywell’s alignment of its portfolio with three powerful megatrends, including the future of aviation.