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Press releases

Press releases from Quantum Computing industry

New Investment from Lockheed Martin, Robert Bosch Venture Capital GmbH (RBVC) and Cambium Brings Total Investment to $84M. IonQ, the leader in quantum computing, today announced it has secured funding from Lockheed Martin, Robert Bosch Venture Capital GmbH (RBVC) and Cambium, a new multi-stage venture capital firm focused on investments in the future of computational paradigms. This funding completes IonQ’s Series B round, bringing the company’s total amount raised to $84 million. Additionally,...  
​Quantum compilation is a problem of translating a quantum algorithm to a set of low-level hardware instructions to be executed on a quantum processor. Extreme susceptibility of quantum computation to noise is one of the crucial factors that hinder the development of large-scale quantum computers. By the means of optimizing gate count in a quantum circuit, it is possible to significantly reduce hardware errors and increase the accuracy of quantum computation. Efficient compilation and circuit...  
Background. Recent efforts have improved quantum computers to the point where they can outperform classical computers on some tasks, a situation referred to as quantum supremacy. Quantum computers run quantum algorithms, typically expressed in a low-level quantum language. Silq. We release Silq, the first high-level quantum language designed to abstract from low-level implementation details of quantum algorithms. Silq is publicly available at GitHub (​https://github.com/eth-sri/silq ​) and...  
Simultaneously IQM unveils its first quantum computer design to set the phase in the technology roadmap. IQM Finland Oy (IQM), a leading European company for quantum computer hardware, was just awarded a €2.5M grant and up to €15M of equity investment from the EIC Accelerator program for the development of quantum computers, benefiting the industry and the society at large. Together with Business Finland grants of €3.3M that IQM received so far, the company is on a fast run with more than €20M...  
- Hoxton, Village Global and Propagator among investors in University of Sussex spin-out - Universal Quantum uses disruptive technology to scale-up quantum computing Universal Quantum, a disruptive new player on the global quantum computing stage, has today emerged out of stealth announcing an oversubscribed £3.6 million seed-funding round.  The company is set to develop its ground-breaking new quantum computing approach and compete with the world's biggest quantum computing companies with...  
Unlocking next generation quantum technologies. Element Six, part of the De Beers Group, is launching its first commercially-available, general-purpose chemical vapour deposition (CVD) quantum grade diamond, DNV-B1TM. DNV-B1TM, the first solution in Element Six’s new DNVTM Series, is an ideal starting material for those interested in researching nitrogen-vacancy (NV) ensembles for quantum demonstrations, masers, detection of RF radiation, gyroscopes, sensing and further projects. Building on...  
• Significant technological milestone achieved towards building an operational room-temperature qubit processor (“chip”) prototype. • State-of-art measurement confirms room-temperature conductivity of a single qubit component (“qubit”), representing a global competitive advantage in the multibillion-dollar quantum computing industry • The room-temperature conductivity potentially enables direct access to the quantum information stored in the qubits. • Archer’s qubit material has a significant...  
While conducting experiments on a layered metal, EPFL researchers witnessed something very surprising. The unexpected electron behavior they discovered could open up possibilities in the field of quantum computing. In the world of materials science, sometimes main discoveries can be found in unexpected places. While working on the resistivity of a type of delafossite – PdCoO2 – researchers at EPFL’s Laboratory of Quantum Materials discovered that the electrons in their sample did not behave...  
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