QuantumWire

Zero Point Cryogenics, a Manufacturer of Dilution Refrigerators, Has Secured $2.67 Million CAD in Funding

Zero Point Cryogenics, a manufacturer of dilution refrigerators, recently announced that it has successfully secured a non-dilutive funding of $2.67 million CAD. This funding comprises $1.95 million CAD from PrairiesCan’s Regional Quantum Initiative and $723,500 CAD from the City of Edmonton’s Edge Fund. The company said that this funding will be used to accelerate product development, expand its team, and drive global sales.

QUANTUMWIRE.COM
Topics:
Dilution Refrigerator Canada
Tags:
FundingDilution RefrigeratorRefrigerator

NewsFlash

Leaders from Purdue University and the U.S. Department of Energy’s Argonne National Laboratory on Monday (Sept. 9) signed a memorandum of…
Singtel Announced the Launch of Southeast Asia’s First National Quantum-Safe NetworkSingtel yesterday announced the launch of Southeast Asia’s first…
D-Wave Quantum announced yesterday its second quarter and first half financial results ending June 30, 2024. Second quarter revenue was $2.2 million…
Rigetti Computing today announced its financial results for the second quarter ended June 30, 2024. Total revenues were $3.1 million, Total operating…
Quantum Machines, an Israeli quantum computing control solutions provider, announced yesterday that it will inaugural Adaptive Quantum Circuits (AQC…
Zapata AI today announced that it will release its second quarter 2024 financial results before market open on Wednesday, August 14th, 2024. A…
Rigetti Computing announced yesterday that it will release second quarter 2024 results on Thursday, August 8, 2024 after market close. The Company…
The Department of Electrical and Computer Engineering at the University of Maryland has announced its new Minor in Quantum Science and Engineering.…
The Bloch Quantum Tech Hub was awarded a $500,000 Consortium Accelerator Award through the US Department of Commerce’s Economic Development…
A senior vice president at IonQ recently revealed some technical details about the IonQ Tempo quantum system: Tempo will be IonQ's first system to…
Singapore research organisations and Quantinuum signed a Memorandum of Understanding (MoU) on 23 July enabling access to Quantinuum’s advanced…
Quandela and Welinq announce a transformative partnership for the quantum industry. This collaboration combines Quandela’s expertise in photonic…
Quantum computing startup Nord Quantique recently announced that its Co-Founder and CEO Philippe St-Jean will move into a new position with Chief…
The Defense Advanced Research Projects Agency (DARPA) recently announced that it has begun a new initiative to benchmark quantum computing algorithms…
Recently, representatives from the Chicago Quantum Exchange, the University of Chicago’s Polsky Center for Entrepreneurship and Innovation, and…
IonQ, a manufacturer of ion trap quantum computer hardware, announced yesterday that the company will release its financial results for the quarter…
Quantonation, the leading early-stage investment fund dedicated to quantum technologies, announced yesterday that it has invested in Paris-based…
Riverlane and Atlantic Quantum announced a strategic partnership to work together on quantum error correction. The partnership will combine Riverlane…
Quantum computing startup Oxford Quantum Circuits (OQC) has recently appointed Nick Dixon-Clegg as a member of its Board of Directors. Nick is Head…
AppViewX, the leader in automated certificate lifecycle management (CLM) and PKI solutions, announced the AppViewX PQC（Post-Quantum Cryptograph）Test…
Quantum Xchange recently released version 11.0 of its CipherInsights, the company’s network monitoring, crypto-discovery, and risk assessment tool.…
UChicago Pritzker School of Molecular Engineering Prof. Andrew Cleland has been selected as a recipient of a flagship basic research funding program…
On Tuesday (July 16th) local time, JB Pritzker, the Governor of Illinois, announced that Illinois had signed a memorandum of agreement with the…
The U.S. Department of Energy (DOE) and the Defense Advanced Research Projects Agency (DARPA) announced a memorandum of understanding (MOU) to…
Quantum design automation software developer QC Design announced yesterday that it has been selected for the Accelerator program by the European…
According to Australian media reports, tech giant Microsoft has shut down its quantum computing research facility in Australia after seven years of…
Quantum chip testing equipment supplier Orange Quantum Systems announced yesterday the opening of a new factory named Production 2 in Delft. The…
The Italian Eni Group has recently announced that it has partnered with ITQuanta to establish a joint venture named Eniquantic. This quantum…
Quantum information company Infleqtion announced yesterday the installation of a cutting-edge neutral atom quantum computer at the National Quantum…
The European Quantum Flagship Initiative announced that the Ariane 6 carrier rocket was successfully launched a few days ago, carrying the advanced…

Quantum Computer R&D News

Latest News