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Press releases

Press releases from Quantum Computing industry

Quantum-resistant blockchain platform QAN has released an ebook highlighting the threat posed by quantum computing. The document gauges the security of current blockchains, and the likelihood of a quantum computing breakthrough breaking their cryptography. The 39-page ebook provides a non-sensationalist assessment of the current capabilities of quantum computing. It reveals: What quantum hardness means Why quantum safety is needed The best post-quantum algorithms to protect crypto networks...  
Stony Brook University (SBU) has been awarded a Conceptualization Grant (CG) from the National Science Foundation (NSF) Quantum Leap Challenge Institutes (QLCI) program. The 12-month award provides $149,625 in funding to support the development of a Challenge Institute (CI) proposal to be submitted in the next round of funding, which is aimed at establishing US leadership in Quantum Information Science (QIS). The development of SBU’s CG proposal was led by Dr. Eden Figueroa, Associate Professor...  
New Investors Samsung Electronics and Mubadala Capital Lead Funding Round; Existing Investors GV, Amazon, and NEA Demonstrate Continued Commitment to Quantum Computing. IonQ, the leader in universal quantum computing, today announced it has secured $55 million in a funding round led by the Samsung Catalyst Fund and Mubadala Capital. This round of funding brings IonQ’s total amount raised to $77 million. IonQ plans to use the funds announced today to make quantum computing more accessible to...  
​Physicists have been talking about the power of quantum computing for over 30 years, but the questions have always been: will it ever do something useful and is it worth investing in? For such large-scale endeavors it is good engineering practice to formulate decisive short-term goals that demonstrate whether the designs are going in the right direction. So, we devised an experiment as an important milestone to help answer these questions. This experiment, referred to as a quantum supremacy...  
An international team of scientists from Australia, Japan and the United States has produced a prototype of a large-scale quantum processor made of laser light. Based on a design ten years in the making, the processor has built-in scalability that allows the number of quantum components – made out of light – to scale to extreme numbers. The research was published in Science today. Quantum computers promise fast solutions to hard problems, but to do this they require a large number of quantum...  
HQS enables chemical and material science companies with quantum chemical and advanced material simulations to use medium-term available NISQ processors. UVC Partners, HTGF, and btov lead seed financing round. Funding used to strengthen world-leading quantum simulation team. From the development of more powerful batteries to highly efficient solar cells, finding new materials with specific predefined properties is of critical importance. So far our ability to design new materials using...  
Project to explore new methodologies and use cases in the fields of quantum-inspired computing and artificial intelligence with the world’s 1st on-premises installation of Fujitsu Digital Annealer at SMU in Singapore. Fujitsu Limited, the Singapore Management University (SMU) and the Agency for Science, Technology and Research (A*STAR)’s Institute of High Performance Computing today announced the launch of the Digital Platform Experimentation Project. This new initiative forms part of the joint...  
October 2019 marks the launch of a 3-year European research project, named OPENQKD for Open Quan- tum Key Distribution, that will install test quantum communication infrastructures in several European countries. It will boost the security of critical applications in the fields of telecommunication, finance, health care, electricity supply and government services. For this €15 million project, the European Union has selected 38 companies and research institutes across the continent, including...  
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