As part of the global quantum mission, OQC’s CEO Gerald Mullally was recently appointed as an inaugural member of the first Quantum Australia Board. The board was founded to help shape the future of quantum research and technology in Australia.

A new workforce roadmap released this week aims to train, prepare, and inspire the next generation of quantum workers and the general public in Colorado and the Mountain West.

As AI's energy demands grow due to massive datasets, quantum memory offers a promising solution by processing and storing data more efficiently. Recent research shows that quantum memory can reduce the computational steps needed, cutting both time and energy use. This could make AI more sustainable, as less data would be required to achieve the same results, significantly lowering its energy footprint. While still developing, quantum memory has the potential to reshape data processing and storage across industries.

Riverlane, the global leader in quantum error correction technology, in partnership with Resonance, today released the first-of-its-kind Quantum Error Correction Report 2024. Highlighting critical insights and trends that will aid the quantum industry’s navigation through its newest phase, the ‘QEC era,’ the report marks the pivotal steps needed to advance quantum computing from the experimental stages to real-world applications.

On October 11, 2024, the International Council of Quantum Industry Associations (ICQIA), submitted a letter to Canadian Prime Minister Justin Trudeau, advocating for the prioritization of quantum technologies during Canada’s G7 Presidency in 2025. This critical moment provides Canada with a unique opportunity to lead the global conversation on quantum innovation, continuing its legacy of driving major international initiatives through the G7.

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.

Engineers at U.S. Department of Energy’s Fermi National Accelerator Laboratory developed the Quantum Instrumentation Control Kit, or QICK, a product that combines a radio frequency board with control and readout hardware and open source software to control it. QICK is being used increasingly in the scientific community, with over 300 users worldwide. Now, a multidisciplinary team at Fermilab, including engineers and business and technology transfer experts, wants to market a new product, a companion board called the “QICK box.”

QuEra Computing, the leader in neutral-atom quantum computing, today announced the appointment of Ed Durkin as Chief Financial Officer. Ed brings extensive experience in leading dynamic technology companies through high-growth phases and achieving significant financial milestones and will play an integral role at QuEra as it continues driving growth and innovation in the quantum industry.

Nu Quantum, the leading quantum entanglement startup, has appointed Dr. Bob Sutor as a non-executive director (NED) on its board of directors. Dr. Sutor was a leader in IBM’s world-leading quantum efforts over his 39 year career at the company and is regarded as a leader of the quantum industry globally.