Qunova Computing, a developer of quantum software applications designed to bring quantum computing to the chemical, pharmaceutical and industrial engineering industries, today announces the results from a series of recent tests performed on three different NISQ era quantum computers, each with a different qubit count. In each demonstration, Qunova’s algorithm was able to produce results with accuracy below the threshold of 1.6 millihartrees required for real-world quantum chemistry applications, a level known as ‘chemical accuracy’. This marks the first time this has been achieved on a commercially available device.

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.

University of Copenhagen mathematicians have developed a recipe for upgrading quantum computers to simulate complex quantum systems, such as molecules. Their discovery brings us closer to being able to predict how new drugs will behave within our bodies and has the potential to revolutionize pharmaceutical development.

Chip giant NVIDIA has agreed to collaborate on quantum technology with (opens in a new window)Equal1, a University College Dublin spin-out company and a leader in silicon powered quantum computing, work together on furthering quantum computing.

Advancing the key technology of quantum computing: This is the mission of the Competence Center Quantum Computing Baden-Württemberg (KQCBW). The center is now entering the next phase, in which it will build on the successful cooperation projects to date. The continuation of the research and development work of its partners from science and industry is being prepared within a transfer project. Under the leadership of the Fraunhofer IAF and IAO institutes, the KQCBW is further expanding its leading role in application-oriented quantum computing research in order to unlock the application potential of quantum computers for industry.

IBM announced today the completion of its latest expansion of the IBM Quantum Data Center in Poughkeepsie, New York, which operates the highest number of available utility-scale quantum computers at a single location in the world. These systems are a part of the more than a dozen quantum computers offered to global clients via the IBM cloud.

Quside and PQShield are excited to announce their collaboration to provide an integrated solution leveraging the strengths of both companies. This collaboration brings together Quside’s advanced quantum randomness technology with PQShield’s robust post-quantum cryptographic solutions, creating a comprehensive approach to future-proofing digital security.

Infleqtion, the world’s leading quantum information company, today announced it has been awarded a $1.15M grant by the Department of Energy (DOE) under the SBIR Phase IIB program. This grant marks the first DOE SBIR Phase IIB award given to software for quantum computing and will help advance Infleqtion’s work on Superstaq, the company’s software platform purpose-built to optimize quantum computing performance.

BTQ Technologies Corp. (the "Company"), a global quantum technology company focused on securing mission-critical networks, is pleased to announce the expansion of its leadership team with the addition of several globally recognized experts in quantum computing, cryptography, and cybersecurity.

Pasqal, a global leader in neutral-atom quantum computing, and Université de Sherbrooke (UdeS) have signed an agreement to collaborate on advancing quantum computing education and research. This partnership aims to develop educational materials, train a quantum-ready workforce and enable groundbreaking research using Pasqal’s quantum technologies.