Lockheed Martin has been awarded a contract by the U.S. Department of Defense's Innovation Unit (DIU) to prototype quantum-enabled Inertial Navigation System (INS). This innovative technology has the potential to revolutionize navigation capabilities for warfighters, providing precise location measurements even in environments without access to GPS.

Nu Quantum, the quantum entanglement startup, has been announced as a leader of one of Innovate UK’s Quantum Missions Pilot: Quantum Computing and Quantum Networks projects. Project HyperIon aims to accelerate the timeline to scaling quantum computers to utility size by demonstrating the performance of Nu Quantum’s Qubit-Photon Interface (QPI) technology, crucial for connecting nodes into a distributed quantum computer. The project will deliver a full system-level demonstrator of a first-of-its-kind QPI prototype for trapped ion qubits with a clear path towards integration with commercial Quantum Processing Units (QPUs) and robust foundry-compatible mass production.

In a recent release, Jij Inc., a Tokyo-based quantum optimization company, announced it has established its first overseas branch, Jij Europe Ltd., in the United Kingdom as part of its global expansion strategy. According to the release, the company has also officially joined UKQuantum, a consortium representing the UK’s quantum technology sector.

Finland-based quantum hardware company SemiQon breaks out of the startup stage after securing a total of 17.5 million euros in blended financing from the European Innovation Council. With the EIC backing, SemiQon will speed up commercialization and diversify its business to domains beyond the quantum industry. The highly competitive EIC funding consists of EUR 2.5 million in a competitive, non-dilutive grant and an additional EUR 15 million of equity-based ear-marked funding.

IonQ, Inc., a leader in the quantum computing and networking industries, today announced the appointment of Gabrielle Toledano to its Board of Directors. Toledano brings over 30 years of leadership experience across the technology, gaming, and digital transformation sectors, having held senior roles at Tesla, Electronic Arts, Microsoft, Siebel Systems, and Oracle.

IonQ, Inc., a leader in the quantum computing and networking industries, today announced that the company’s Board of Directors has appointed Niccolo de Masi as President and Chief Executive Officer. Niccolo will begin this new role effective immediately, and Peter Chapman will continue in the leadership role of IonQ’s Executive Chair.

IonQ, a leader in the quantum computing and networking industries, today announced financial results for the quarter and full year ended December 31, 2024.

QuEra Computing Inc. (hereinafter referred to as “QuEra”) has started working with, Deloitte Tohmatsu Group (hereinafter referred to as “Deloitte Tohmatsu”) to further advance the quantum industry in Japan. The collaboration, reinforced by an investment in QuEra by Deloitte Tohmatsu Financial Advisory LLC, a group company of Deloitte Tohmatsu, aims to drive innovation among business and academic players in the field.

TreQ, the quantum engineering and manufacturing company, today announces the opening of its UK headquarters and production facility at the Milton Park Innovation Centre, Oxfordshire. With the pace of innovation in quantum computing advancing rapidly – and with early movers set to capture as much as 90% of the value generated by quantum – TreQ enables businesses, institutions, and communities to accelerate their quantum journeys. By building and operating bespoke open-architecture quantum computing clusters, TreQ’s solutions are fully upgradeable and extensible. Its quantum computing systems develop with the market, maximising capital investment and reducing the risk of obsolescence.

Phasecraft – the quantum algorithms company – is announcing a new scientific partnership with the world’s largest integrated quantum computing company, Quantinuum, as part of Phasecraft’s mission to accelerate the path to quantum advantage. Phasecraft’s quantum algorithms experts will work closely with Quantinuum’s scientists to push the boundaries of what is possible with today’s quantum hardware.