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Press releases
Press releases from Quantum Computing industry
Quantum Exponential Group plc (AQUIS:QBIT), a company focused on investing in quantum technology is pleased to announce that it has invested £299,997 as part of a c.£869,000 second funding round in Oxford Quantum Circuits ('OQC') (the 'Funding'), one of Europe's leading quantum companies. Other participants in the fundraise include the Japanese private equity firm HiJoJo Partners. This is Quantum Exponential's sixth portfolio investment. Proceeds from the Funding will be used for...
US2QC program seeks to evaluate underexplored fast paths to fault-tolerant quantum computing. PsiQuantum today announced that it has signed a contract with the Defense Advanced Research Projects Agency (DARPA) to perform on the Utility-Scale Quantum Computing (US2QC) program, which underpins the U.S. government’s commitment to identify companies with credible roadmaps to building a useful quantum computer in the near term. “It has been credibly hypothesized that quantum computers will...
Quantum Industry Canada (QIC), Quantum Economic Development Consortium (QED-C), Quantum Strategic Industry Alliance for Revolution (Q-STAR) and European Quantum Industry Consortium (QuIC) form International Council to enable and grow the global quantum industry. Quantum Industry Canada (QIC), Quantum Economic Development Consortium (QED-C), Quantum Strategic Industry Alliance for Revolution (Q-STAR) and European Quantum Industry Consortium (QuIC) signed a memorandum of understanding (MoU) to...
The European Patent Office (EPO) has published a patent insight report on quantum computing. It is the second in a series of EPO patent insight reports related to quantum technologies. Over the last decade or so, many large technology companies have been heavily invested in developing quantum computing technologies. It is a highly advantageous and competitive technology that has many advantages over classical systems, such as being able to analyze vast amounts of data that traditional computer...
IonQ executives and leadership will lead sessions on building the future of quantum computers in the Pacific Northwest IonQ will also host a hackathon to explore the limits of running programs on IonQ quantum hardware Today, IonQ (NYSE: IONQ), a quantum computing industry leader, announced its participation at the two-day Northwest Quantum Nexus (NQN) Summit at the University of Washington’s Seattle campus from January 23-24, where the company will present to the Pacific Northwest’s top quantum...
As concerns mount surrounding the potential threat posed by quantum computing to existing cryptographic methods, Fujitsu today revealed that it conducted successful trials to evaluate the widely-used RSA cryptosystem (1) for possible vulnerability to code-cracking by quantum computers. Fujitsu conducted the trials in January 2023 using its 39-qubit quantum simulator to assess how difficult it would be for quantum computers to crack existing RSA cryptography, using a Shor's algorithm (2) to...
● New manufacturing facility in Seattle area will support the development of world-class trapped-ion quantum systems and meet growing demand for quantum computing across commercial applications ● Office opening is part of IonQ’s broader $1 billion investment in the Pacific Northwest over the next decade, strengthening U.S. quantum supply chains IonQ, Inc. (NYSE: IONQ), an industry leader in quantum computing, announced today the opening of the first known dedicated quantum computing...
Customer wins and renewals span multitude of industries, point to growing commercial adoption of D-Wave’s practical quantum computing solutions. D-Wave Quantum Inc. (NYSE: QBTS), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced new and renewed commercial customer engagements along with product updates for its annealing and gate model quantum computing solutions at the company’s annual global Qubits 2023...
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