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Press releases
Press releases from Quantum Computing industry
VTT Technical Research Centre of Finland is launching a project to acquire Finland’s first quantum computer. The first phase of this three-phase project is seeking to bolster Finland’s ability to design and build quantum computers, and to create a competence base for future applications. The design and construction of the quantum computer will be carried out as an innovation partnership. Quantum technology will revolutionise many industrial sectors, and will already begin spawning new,...
The round was led by deep tech VC Elev8. Co-investors include SGInnovate, early-stage enterprise and deep tech VC Wavemaker Partners, the Lim Teck Lee Group, Japanese software enterprise TIS Inc, V1 Capital (the seed investment office of Vy Capital) and talent investor Entrepreneur First. They were joined by angel investors Charlie Songhurst (former Microsoft head of Corporate Strategy) and Claus Nehmzow (Chief Innovation Officer at Eastern Pacific Shipping). The funding will primarily help...
David Graves, an internationally-known chemical engineer, has been named to lead a new research enterprise that will explore plasma applications in nanotechnology for everything from semiconductor manufacturing to the next generation of super-fast quantum computers. Graves, a professor at the University of California, Berkeley, since 1986, is an expert in plasma applications in semiconductor manufacturing. He will become the Princeton Plasma Physics Laboratory’s (PPPL) first associate...
The Irish Centre for High-End Computing (ICHEC) announced that its ICHEC computational scientist Dr. Niall Moran is leading a novel quantum simulation project in collaboration with partners at the Leibniz Supercomputing centre (LRZ) to develop quantum simulation tools for Europe’s largest supercomputers. The project called QuantEx, is funded by the Partnership for Advanced Computing in Europe (PRACE). The ICHEC led research is being carried out under PRACE WP8 ‘Emerging Technologies’. This WP...
Quantum Computing Inc. (OTC:QUBT) (“QCI”), an advanced technology company developing quantum-ready applications and tools, announced today the release of version 1.1 of its Mukai middleware with new capabilities delivering higher performance and greater ease of use for subject-matter experts developing quantum-ready applications needing superior performance today. The Mukai software stack (released in January 2020) can be used to solve extremely complex optimization problems. Mukai...
Survey by the consortium managed by SRI International shows one third of respondents taking drastic measures, such as layoffs, within three months if lockdown continues. The Quantum Economic Development Consortium (QED-C) released results of a survey demonstrating the impact COVID-19 is having on U.S. companies that are part of the quantum information science and technology (QIST) innovation ecosystem. To help ensure the fledgling U.S. quantum industry is able to survive and recover quickly,...
Russia is actively working on creating a quantum Internet. The ITMO (Information Technologies, Mechanics and Optics) National Research University jointly with Russian Venture Company (RVC) and based on Russian Railways infrastructure will establish a platform for a quantum Internet. Some 300 mln rubles ($4 mln) will be earmarked for this ambitious project. This software will make it possible to transmit confidential information of different types and volume, RVC told Izvestia. The creators of...
• Archer signs an agreement with IBM to advance quantum computing and work towards solutions for the widescale adoption of the technology. • Archer is the first Australian company building a quantum computing qubit processor to join the global IBM Q Network as an ecosystem partner. • IBM staff will work directly with the Archer team who will gain access to IBM's quantum computing expertise and resources to enable a broader hardware ecosystem using IBM’s open source software framework, Qiskit. •...
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