Qolab Secures over $16.0 Million in Series A Financing

Qolab Secures over $16.0 Million in Series A Financing

January 3, 2025
Qolab, Inc. a leader in superconducting quantum computing, announced today that it secured over $16.0 million to date in its Series A financing round, led by Octave Ventures with co-investment from the Development Bank of Japan Inc. (DBJ), Wisconsin Alumni Research Foundation (WARF), and Phoenix Venture Partners. This investment represents a significant step in Qolab’s mission to develop utility-scale quantum computing technology by advancing scalability in quantum systems.

IonQ Recognized in Newsweek’s “Excellence 1000 Index” as a Champion of Business Excellence

IonQ Recognized in Newsweek’s “Excellence 1000 Index” as a Champion of Business Excellence

December 27, 2024
IonQ , an industry leader in the quantum computing and networking industry, today announced its inclusion in the prestigious “Newsweek Excellence 1000 Index 2025,” a global ranking that recognizes the most innovative and customer-centric companies across industries who are balancing financial success with ethical practices, social responsibility and global sustainability. This accolade highlights IonQ’s commitment to pushing the boundaries of technology and delivering real-world impact through quantum solutions.

Multiverse Computing and Bundesdruckerei Use Quantum for Data Privacy and Fraud Detection

Multiverse Computing and Bundesdruckerei Use Quantum for Data Privacy and Fraud Detection

December 20, 2024
AI and quantum company Multiverse Computing and the Bundesdruckerei Gmbh, the German federal government’s technology company, are exploring the potential of quantum and quantum-inspired solutions. The two companies recently completed two research projects that combined quantum-inspired software and data security expertise to build new prototypes that generate synthetic data more accurately than classic standard algorithms for machine learning. Together they investigated use cases such as improving privacy and utility of synthetic data generations as well as detecting fraudulent transactions in blockchain networks.

Quantum Computing, Inc. Awarded Contract by NASA to Support Phase Unwrapping Using Dirac-3 Photonic Optimization Solver

Quantum Computing, Inc. Awarded Contract by NASA to Support Phase Unwrapping Using Dirac-3 Photonic Optimization Solver

December 19, 2024
Quantum Computing Inc. (“QCi” or the “Company”), an innovative, integrated photonics and quantum optics technology company, today announced that the Company has been awarded a prime contract by the National Aeronautics and Space Administration’s (“NASA”) Goddard Space Flight Center. This contract marks a pivotal step forward for QCi by applying its entropy quantum optimization machine, Dirac-3, to support NASA’s advanced imaging and data processing demands.

Algorithmiq Joins the QuEra Quantum Alliance to Accelerate Healthcare and Life Sciences Breakthroughs on Neutral-Atom Quantum Computers

Algorithmiq Joins the QuEra Quantum Alliance to Accelerate Healthcare and Life Sciences Breakthroughs on Neutral-Atom Quantum Computers

December 13, 2024
Algorithmiq, a team pioneering the integration of quantum computing, artificial intelligence (AI), and super-computing to solve complex problems in the Healthcare and Life Sciences, and QuEra Computing, the leader in neutral-atom quantum computing, today announced that Algorithmiq has joined the QuEra Quantum Alliance Partner Program.

Hamburg Consortium to Develop New Quantum AI Methods for Researching the Smallest Material Building Blocks in the World

Hamburg Consortium to Develop New Quantum AI Methods for Researching the Smallest Material Building Blocks in the World

December 12, 2024
A new consortium consisting of ParityQC, DESY, eleQtron and the DLR Quantum Computing Initiative (DLR QCI) has successfully qualified for funding in the framework of the “Quantum Computing Funding Initiative” of the Hamburg Investment and Development Bank (IFB Hamburg). In the HQML (Hamburg Full Stack Quantum Machine Learning) project, the companies and DESY are working together with the DLR QCI to develop a full stack quantum solution for image data processing. The consortium will cover the entire chain of innovation, from the specific application field to the development of the required novel algorithms. This is unique in Hamburg so far, and HQML is one of the first projects of its kind in Germany and worldwide.

Quantum Leaps: Winners of Airbus and BMW Group’s Quantum Computing Challenge Unveiled

Quantum Leaps: Winners of Airbus and BMW Group’s Quantum Computing Challenge Unveiled

December 12, 2024
Airbus and BMW Group have pushed quantum computing forward another step to leverage its significant potential for future mobility solutions. At Q2B, the companies have unveiled the winners of the Quantum Computing Challenge, an international initiative to identify and mature quantum solutions for the most promising mobility applications.

DLR Quantum Computing Initiative Selects IQM to Develop Quantum Simulation for Materials Science

DLR Quantum Computing Initiative Selects IQM to Develop Quantum Simulation for Materials Science

December 7, 2024
The DLR Quantum Computing Initiative (DLR QCI) of the German Aerospace Center has selected IQM Quantum Computers (IQM), a global leader in superconducting quantum computers, to develop quantum embedding algorithms for the simulation of materials science systems.
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