Equal1 Launches Bell-1: The First Quantum System Purpose-Built for the HPC Era

Equal1 Launches Bell-1: The First Quantum System Purpose-Built for the HPC Era

March 18, 2025
Equal1 today unveils Bell-1, the first quantum system purpose-built for the HPC era. Unlike first-generation quantum computers that demand dedicated rooms, infrastructure, and complex cooling systems, Bell-1 is designed for direct deployment in HPC-class environments. As a rack-mountable quantum node, it integrates directly alongside classical compute—as compact as a GPU server, yet exponentially more powerful for the world’s hardest problems. Bell-1 is engineered to eliminate the traditional barriers of cost, infrastructure, and complexity, setting a new benchmark for scalable quantum computing integration.

Horizon Quantum and dMY Squared Sign Non-Binding Letter of Intent for a Business Combination

Horizon Quantum and dMY Squared Sign Non-Binding Letter of Intent for a Business Combination

February 27, 2025
Horizon Quantum Computing Pte. Ltd. (“Horizon Quantum”), developer of advanced software development tools for quantum computers, and dMY Squared Technology Group, Inc. (“dMY”), a publicly traded special purpose acquisition company led by Harry You, jointly announced today that they have entered into a non-binding letter of intent (“LOI”) for a business combination. The combined company is expected to be publicly listed.

QuEra Computing Completes $230M Financing to Accelerate Development of Large-Scale Fault-Tolerant Quantum Computers

QuEra Computing Completes $230M Financing to Accelerate Development of Large-Scale Fault-Tolerant Quantum Computers

February 12, 2025
QuEra Computing, the leader in neutral-atom quantum computing, today announced it has successfully completed a financing of more than $230 million. The funds will be used to accelerate the development and production of large-scale, fault-tolerant quantum computers, reinforcing the company’s position at the forefront of quantum innovation.

BlueQubit Secures $10M Seed Funding to Accelerate Quantum Advantage

BlueQubit Secures $10M Seed Funding to Accelerate Quantum Advantage

December 22, 2024
BlueQubit, a quantum software startup founded by Stanford alumni, has announced a $10 million Seed funding round led by Nyca Partners, with participation from Restive, Chaac Ventures, Presto Tech Horizons, NKM Capital, BigStory, Untapped Ventures, Formula VC, and Granatus. This investment will support BlueQubit’s mission to deliver practical quantum advantage, equipping enterprises to solve complex problems that are increasingly beyond the reach of classical computing.

IQM Quantum Computers Unveils Development Roadmap Focused on Fault-Tolerant Quantum Computing by 2030

IQM Quantum Computers Unveils Development Roadmap Focused on Fault-Tolerant Quantum Computing by 2030

November 14, 2024
IQM Quantum Computers (IQM), a global leader in superconducting quantum computing, today announced its development roadmap with technical milestones targeting fault tolerant quantum computing by 2030, while enabling a dedicated Noisy Intermediate-Scale Quantum (NISQ) approach for near-term usage.

U.S. Department of Energy Announces $30 Million to Use Quantum Computing for Groundbreaking Chemistry and Materials Science Simulations

U.S. Department of Energy Announces $30 Million to Use Quantum Computing for Groundbreaking Chemistry and Materials Science Simulations

October 25, 2024
The U.S. Department of Energy Advanced Research Projects Agency-Energy (ARPA-E) today announced funding to pioneer a new approach to studying chemistry and materials. The Quantum Computing for Computational Chemistry (QC3) program aims to develop quantum algorithms to revolutionize diverse areas of energy research, such as designing new and sustainable industrial catalysts, discovering new superconductors for more efficient electricity transmission, and developing improved battery chemistries.

QuEra Computing and Kipu Quantum Collaborate to Deliver Cutting-Edge Industrial Quantum Solutions via PlanQK Platform

QuEra Computing and Kipu Quantum Collaborate to Deliver Cutting-Edge Industrial Quantum Solutions via PlanQK Platform

October 9, 2024
Kipu Quantum, the leader in quantum software specializing in hardware- and application-specific solutions, and its PlanQK platform, have announced an enhanced collaboration with QuEra Computing, the leader in neutral-atom quantum computing. This partnership aims to deliver industrially relevant quantum solutions by providing PlanQK users with immediate access to QuEra’s Aquila 256-qubit quantum processors, enabling seamless quantum computing experiences powered by neutral-atom technology.

IonQ Announces Largest 2024 U.S. Quantum Contract Award of $54.5M with United States Air Force Research Lab.

IonQ Announces Largest 2024 U.S. Quantum Contract Award of $54.5M with United States Air Force Research Lab.

September 27, 2024
IonQ, a leader in the quantum computing industry, today announced that it has signed a $54.5 million contract with the United States Air Force Research Lab (AFRL). With a quarter remaining in the fiscal year, IonQ has announced $72.8 million in bookings year-to-date and reiterated its confidence in meeting or exceeding its bookings guidance of $75-95 million for the year.

IonQ Achieves Industry Breakthrough – First Trapped Ion Quantum System to Surpass 99.9% Fidelity on Barium

IonQ Achieves Industry Breakthrough – First Trapped Ion Quantum System to Surpass 99.9% Fidelity on Barium

September 13, 2024
IonQ, a leader in the quantum computing industry, recently announced that it has surpassed “three 9’s” (99.9%) two-qubit gate fidelity on one of its next-generation barium development platforms. T

Quantum Source Raises $50 Million Series a Funding to Make Scalable, Useful Quantum Computing a Reality

Quantum Source Raises $50 Million Series a Funding to Make Scalable, Useful Quantum Computing a Reality

September 11, 2024
Quantum Source, an Israel-based company developing, technology for powerful, cost-effective, practical photonic quantum computers, announced today it has raised a $50M Series A investment round led by Eclipse, with participation from Standard Investments, Level VC, Canon Equity, as well as existing investors Pitango First, Grove Ventures, 10D, and Dell Technologies Capital.
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