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.

Alice & Bob, a global frontrunner in the race for fault-tolerant quantum computing, has unveiled its white paper and five-year roadmap. The white paper outlines a clear path to achieving useful quantum computing through Alice & Bob’s cat qubit technology, which promises to deliver high-fidelity logical qubits while using significantly fewer hardware and energy resources compared to alternative approaches.

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.

IonQ, a leader in the quantum computing industry, announced it has achieved the next milestone on the path towards scaling its quantum systems – demonstrating remote ion-ion entanglement. Building off the ion-photon entanglement achievement announced in February, this demonstration announced in September showcases the second out of four significant milestones required to develop photonic interconnects – a foundational step towards quantum networking and a core component of IonQ’s scaling strategy.

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

Quantinuum, the world’s largest and leading integrated quantum computing company, unveiled its roadmap to universal, fully fault-tolerant quantum computing by 2030. The roadmap materially accelerates the path to commercial quantum computing systems with the potential to unlock a trillion-dollar market and enable AI to help solve some of the world’s most pressing problems. In parallel, Quantinuum in partnership with Microsoft announced a series of milestones and integrations.

Despite a 50% Decline in Overall Tech Investments, Quantum Computing Attracted $1.2 Billion from Venture Capitalists in 2023, According to New Research by BCG.

Pasqal, a global leader in neutral-atom quantum computing, today announced a significant technological milestone: the successful loading of over 1000 atoms in a single shot within their quantum computing setup. This breakthrough marks a crucial step in Pasqal’s progress towards quantum advantage and scalable quantum processors.

Toshiba Digital Solutions Corporation (Toshiba Digital Solutions), the Toshiba Group company driving forward industry-leading solutions in digital and quantum technology, in partnership with KT Corporation (KT), a leading telecommunications service provider and its collaborator in quantum secure communication in South Korea, has demonstrated how banks and financial networks can be protected from cyberattacks by quantum computers by bringing hybrid quantum secure communications, comprising quantum key distribution (QKD) and post-quantum cryptography (PQC), to secure communications at Shinhan Bank, one of South Korea’s leading banks.

In a webinar presentation today, French quantum hardware manufacturer Pasqal has released a roadmap for its hardware and software development and also has described some of the early customers and applications who are working with their neutral atom based machine. The company has an aggressive schedule for improving their hardware along several fronts including the number of qubits, repetition rate, gate operations per calculation, hours of QPU availability, and software features. They are also working to expand the number of manufacturing facilities with a new one in Sherbrooke, Quebec slated to build and deliver a machine to its first customer later this year. Pasqal is currently working with over 50 customers who are testing out their applications and the company hopes that some of them will be able to move their application to regular production by 2025.