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Press releases
Press releases from Quantum Computing industry
Businesses can express an interest in a share of £30 million to tackle barriers to new products and services that exploit latest quantum technologies. New products and services based on the latest quantum technologies could transform the automotive, healthcare, infrastructure, telecommunications, cybersecurity and defence sectors. Quantum physics underpins the electronics, media, computing and infrastructure systems we use in our daily life. A second generation of quantum technologies based...
A team of Columbia University scientists has been awarded $2 million to execute a project aimed at extending the excited state lifetime of atoms, allowing for new technological innovation and advancing the field of quantum science. The project is among the first to be chosen for federal funding for quantum research since the announcement of the National Quantum Initiative Act, signed into law by President Trump last December. The act provides for a coordinated federal program to accelerate...
An international team headed by physicists from the Technical University of Munich (TUM) has, for the first time ever, experimentally implemented secure quantum communication in the microwave band in a local quantum network. The new architecture represents a crucial step on the road to distributed quantum computing. As of yet, there are no universal quantum computers in the world. But for the first time, an international team led by TUM physicists Rudolf Gross, Frank Deppe and Kirill Fedorov...
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...
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