India’s Department of Telecommunications (DoT) Plans to Establish “Quantum Standardization and Testing Labs”

India’s Department of Telecommunications (DoT) recently launched a proposal solicitation, urging the country's telecoms sector to submit research and development proposals to accelerate development of technologies for quantum communications networks. According to a newly released statement, the DoT plans to establish "Quantum Standardization and Testing Labs" that will serve as innovation hubs for quantum technology developers, test equipment manufacturers, and academic researchers. 

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Elevate Quantum Awarded $127 Million to Secure US Leadership in Quantum Technology

Elevate Quantum recently announced that it has received a Tech Hub Phase 2 Implementation award from the Department of Commerce. Leading the Elevate Quantum Tech Hub in the Mountain West of the United States, the nonprofit organization secured an initial EDA funding of $40.5 million from the Department of Commerce, supplemented by $77 million from Colorado and $10 million from New Mexico. These combined government subsidies exceed $127 million and are expected to attract over $2 billion in additional private capital to the region.

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South Korea Will Launch the Quantum Information Standard Association (QINSA) in the Second Half of This Year

According to reports from South Korean media, the Telecommunications Technology Association (TTA) of South Korea plans to launch QINSA (Quantum Information Standard Association), a Korea-led global de facto standardization organization, in the second half of this year, aiming to lead the standardization efforts in the global quantum technology market.

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Fujitsu and ANU to Bring World-Class Quantum Computing to Australia

Fujitsu and ANU to Bring World-Class Quantum Computing to Australia

July 4, 2024
Fujitsu today announced that Fujitsu Australia Limited and The Australian National University (ANU) in Canberra concluded a memorandum of understanding (MoU) to ensure that industry and government professionals, researchers, academics, and students in Australia will soon have access to a world-class quantum research facility. The agreement will see the two organizations partner to establish a center for quantum research, with ambitions to build an onsite quantum computer.

Danish Start-Up Kvantify Secures EUR 10 Million Seed Round to Unlock Quantum Computing Potential, Starting With Life Sciences

Danish Start-Up Kvantify Secures EUR 10 Million Seed Round to Unlock Quantum Computing Potential, Starting With Life Sciences

July 4, 2024
Kvantify, a leading quantum software start-up, has announced the successful closure of a EUR 10 million seed round. This funding will enable Kvantify to strengthen its position as a global leader in quantum computing, with an initial focus on developing applications for the life science sector.

Qblox Secures $26 Million in Series a Funding to Accelerate Quantum Control Stack Development

Qblox Secures $26 Million in Series a Funding to Accelerate Quantum Control Stack Development

June 21, 2024
Qblox, a leading innovator in quantum technology, announces the successful closure of its Series A funding round, securing $26 million in investment led by Quantonation and Invest-NL Deep Tech fund and with the participation of QDNL participations and the European Innovation Council (EIC).

C12 Raises 18 Million Euros to Accelerate the Development of Quantum Computing With Its Unique Approach

C12 Raises 18 Million Euros to Accelerate the Development of Quantum Computing With Its Unique Approach

June 21, 2024
C12, a French spin-off of the Physics Laboratory of the École Normale Supérieure in Paris and a pioneer in the development of a carbon nanotube-based universal quantum computer, announces the closing of its second financing round of €18 million. This marks a new step in C12's development to accelerate the design of quantum processors.

Fujitsu to Introduce Superconducting Quantum Computer System at National Institute of Advanced Industrial Science and Technology

Fujitsu to Introduce Superconducting Quantum Computer System at National Institute of Advanced Industrial Science and Technology

June 19, 2024
Fujitsu today announced that it has received an order for a gate-based superconducting quantum computer from the National Institute of Advanced Industrial Science and Technology (AIST) on May 15, 2024.

AIST Has Officially Announced That It Will Collaborate With IBM to Develop the Next-Generation Quantum Computers

The National Institute of Advanced Industrial Science and Technology (AIST) of Japan officially announced yesterday that it had signed a memorandum of understanding (MOU) for research cooperation with IBM on May 10th to strengthen collaboration for the industrialization of quantum technology. AIST said that to stimulate the quantum hardware and component industry, it will work with IBM to promote the development of next-generation quantum computers and their supply chain.

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Zero Point Cryogenics Secures $2.67 Million CAD in Funding to Fuel Growth

Zero Point Cryogenics Secures $2.67 Million CAD in Funding to Fuel Growth

June 14, 2024
Zero Point Cryogenics is proud to announce that it has successfully secured $2.67 million CAD in non-dilutive funding to unlock the next phase of its rapid development plan. The funding comprises $1.95 million from PrairiesCan’s Regional Quantum Initiative and $723,500 from the City of Edmonton’s Edge Fund.
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