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Press releases
Press releases from Quantum Computing industry
Airline joins IBM Quantum Network to accelerate quantum research, application development. IBM (NYSE: IBM) and Delta Air Lines announced today that the global airline is embarking on a multi-year collaborative effort with IBM – including joining the IBM Q Network™ – to explore the potential capabilities of quantum computing to transform experiences for customers and employees. "Partnering with innovative companies like IBM is one way Delta stays on the leading edge of tech to better serve our...
Dr. John Martinis, team lead on the Google project that achieved Quantum Supremacy, will keynote the 10th annual Rocky Mountain Advanced Computing Consortium’s (RMACC) High Performance Computing Symposium next May in Colorado. Recognized as one of the top regional events on high performance computing, the RMACC’s annual event, which brings together faculty, researchers, industry leaders and students from throughout the Rocky Mountain Region, is scheduled for May 19-21 on the campus of the...
In Lisbon, Volkswagen carried out the world's first pilot project for traffic optimization with a quantum computer. MAN buses of the public transport provider CARRIS were equipped with a system developed in-house. This system uses a quantum computer and calculates the individually fastest route for each of the participating buses in almost real time. In this way, traffic jams could be detected and avoided. In the future, Volkswagen plans to develop its traffic optimization system to market...
What do you do? “I am a quantum physicist from Malta, and since October 2019 the Head of the Physics Department at the University of Malta. I work a lot on optomechanics, which is the study of how light interacts with moving objects, with the aim to create technologies, i.e., new communications systems, sensors and computers that use light instead of electricity. Recently I started focusing on quantum-secured communications, which solves the issue of how to communicate securely, with an...
What’s New: Intel Labs unveiled what is believed to be a first-of-its-kind cryogenic control chip — code-named “Horse Ridge” — that will speed up development of full-stack quantum computing systems. Horse Ridge will enable control of multiple quantum bits (qubits) and set a clear path toward scaling larger systems — a major milestone on the path to quantum practicality. Developed together with Intel’s research collaborators at QuTech, a partnership between TU Delft and TNO (Netherlands...
Advancing Quantum Computing Applications for Finance with Commonwealth Bank of Australia and Rigetti
New experimental analysis released from Rigetti Computing and the Commonwealth Bank of Australia paves the path forward for practical quantum computing in the financial services industry. Quantum computers have the potential to substantially reduce the time and cost to perform the complex, time-consuming calculations that banks use to optimize portfolios, detect fraud, analyse risk, and determine credit score. Institutions like the Commonwealth Bank run calculations like these overnight at mass...
SpeQtral announced today that it has taken over operations of the SpooQy-1 nanosatellite on behalf of the Centre for Quantum Technologies (CQT) at the National University of Singapore. SpooQy-1 is a shoebox-sized, 3U CubeSat hosting a quantum payload developed at CQT. It was launched April 2019 and subsequently deployed from the International Space Station on 17 June 2019. The quantum payload is the world’s first entangled photon source compact enough to fit on a CubeSat and qualified for the...
The Science Some quantum computers and networks store their information in an electron’s spin, which can be up or down – like the zeros or ones in a conventional computer. They can also be a combination of both up and down. One way to manipulate the electron spins may be through using sound waves. The first challenge in this study was to prime the spins so they were ready. Scientists built a system with curved electrodes to concentrate the sound waves. This is like using a magnifying lens to...
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