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Press releases

Press releases from Quantum Computing industry

Toshiba Corporation today announced it will start providing quantum key distribution (QKD) platforms and commence deployment of a system integration business in the fourth quarter of FY2020. In Japan, Toshiba Digital Solutions Corporation (hereinafter “TDSL”) has been awarded the contract from the National Institute of Information and Communications Technology (NICT) to deploy and manage the QKD systems that will be installed at multiple locations on their network. Toshiba plans to deliver the...  
Quantum computers are a step closer to reality to solve certain real life problems that are beyond the capability of conventional computers. However, the biggest challenge is that these machines should be able to manipulate several dozens of quantum bits or qubits to achieve impressive computational performance. As a result, a handful of companies have joined the race to increase the power of qubits and claim quantum supremacy, says GlobalData, a leading data and analytics company. Kiran Raj,...  
Fast-forwarding quantum calculations skips past the time limits imposed by decoherence, which plagues today’s machines. With a new algorithm we have developed and tested, we will be able to fast forward quantum simulations to solve problems that were previously out of reach. - Andrew Sornborger A new algorithm that fast forwards simulations could bring greater use ability to current and near-term quantum computers, opening the way for applications to run past strict time limits that hamper...  
The quantum technology company has been awarded Air Force Research Lab grants and will preview new products and research at InnovationXLab Summit October 7-8th. Aliro Quantum, the distributed quantum computing cloud platform, today announces it is leading the charge on quantum networking market creation by offering the foundational technologies needed for organizations around the world to build powerful quantum systems. Born out of the NarangLab at Harvard University and now an Air Force...  
Powered by quantum technologies, Light Rider launches first two products to put quantum grade encryption into anyone’s hands. . Light Rider Inc., a quantum LiFi company, today debuted its first two quantum encryption products poised to revolutionize network security for businesses and individuals. The company is the first to combine LiFi, a wireless communication technology that utilizes light to transmit data between devices, and quantum encryption technology for individual users. By marrying...  
Atos, a global leader in digital transformation, announces its participation in the European project NEASQC[1], whose ambition is to prepare European businesses for the age of quantum computing by exploring a wide selection of industrial and financial use cases, and associated algorithms, compatible with NISQ[2] computers, the first quantum systems to be available in the near future. Atos will coordinate and work hand‑in‑hand with the 11 other partners, leading industrial end-users and academic...  
Investment in Cambridge-based Nu Quantum will go towards a new state-of-the-art lab, a major recruitment drive, and further R&D for quantum photonics technologies. Nu Quantum, the quantum photonics company, has raised £2.1 million in Seed funding in a round led by Amadeus Capital Partners. Ahren Innovation Capital, IQ Capital, Cambridge Enterprise and Martlet Capital have also followed-on from the company’s pre-Seed investment round last September, with Seraphim Capital joining as a new...  
Atos, a global leader in digital transformation, and the European Center for Medium-Range Weather Forecasts (ECMWF), today announce a new Center of Excellence in HPC, AI and Quantum computing for Weather & Climate. The Center will be based at ECMWF’s headquarters in Reading, UK, where it will provide their team of international researchers with access to emerging AI (Artificial Intelligence) and Quantum Computing technologies and expertise, and benefit from ECMWF’s high-performance...  
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