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Press releases

Press releases from Quantum Computing industry

BBVA, one of Spain’s largest financial institutions, has undertaken a proof of concept with Fujitsu’s Digital Annealer to explore new ways of optimizing investment portfolios Digital Annealer delivers more processing power than traditional computing, enabling it to rapidly evaluate possible combinations, based on historical data Proof of concept is one of several BBVA projects to identify specific financial use cases where quantum technologies can deliver a greater advantage over traditional...  
Two UCLA computer scientists have shown that existing compilers, which tell quantum computers how to use their circuits to execute quantum programs, inhibit the computers’ ability to achieve optimal performance. Specifically, their research has revealed that improving quantum compilation design could help achieve computation speeds up to 45 times faster than currently demonstrated. The computer scientists created a family of benchmark quantum circuits with known optimal depths or sizes. In...  
Amazon Braket helps developers and researchers get started with quantum computing, providing development tools, simulators, and access to a diverse set of quantum hardware Fidelity Investments, Volkswagen, Enel, University of Waterloo, Rahko, and Qu & Co among organizations using Amazon Braket Today, Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ: AMZN), announced the general availability of Amazon Braket, a fully managed AWS service that provides a development environment...  
Kitchener-based company evolutionQ awarded Canadian Space Agency (CSA) contribution to pioneer solutions to advance satellite-based secure quantum communication services. evolutionQ was awarded a Space Technology Development Program (STDP) contribution by the CSA to develop solutions to advance satellite-based secure quantum communication services and tools to address challenges related to satellite-based Quantum Key Distribution (QKD) networks. Cryptography underpins the secure...  
ColdQuanta, the quantum atomics company, announced the formation of its Strategic Advisory Board and the appointment of former U.S. government and industry executives as board members. ColdQuanta’s technology helps support the important missions of the defense and intelligence communities, and its customers include many federal government agencies such as the Department of Defense, Department of Energy, NASA, and DARPA, as well as commercial aerospace and defense companies. “ColdQuanta’s new...  
Unique mission will provide secure communications across the globe using Loft Orbital’s YAM-4 spacecraft being developed by Blue Canyon Technologies. Small satellite manufacturer and mission services provider Blue Canyon Technologies (BCT) has been selected by Loft Orbital to develop and build the YAM-4 spacecraft bus for the Quantum Encryption and Science Satellite (QEYSSat) mission. The QEYSSat mission is being led by the Canadian Space Agency (CSA) and Honeywell. The CSA awarded Honeywell...  
New York, New York: According to a new report from Inside Quantum Technology (www.insidequantumtechnology.com), the worldwide market for Quantum Key Distribution (QKD) will near $850 million in 2025 and then go on to around $4.0 million by 2029. QKD is a technique that ensures perfect security on a transmission line, guaranteed by the laws of quantum mechanics. More details on the report, Quantum Key Distribution: The Next Generation – A Ten-year Forecast and Revenue Assessment: 2020 to 2029...  
Archer Materials Limited (ASX: AXE) is pleased to announce the Company has successfully built the quantum devices required for initial qubit control measurements as part of a significant phase in its technology development related to the operation of the 12CQ room-temperature quantum computing qubit processor. Qubit control devices have been built for quantum control measurements to characterise Archer’s unique 12CQ qubit processor chip components. Archer and the Company’s collaborators...  
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