Insider Brief: WISeKey announced the upcoming launch of its post-quantum-ready WISeSat satellites in partnership with SpaceX, scheduled for January 14, 2025, from Vandenberg Space Force Base in California. The WISeSat constellation will combine WISeKey’s Root of Trust with SEALSQ’s Post-Quantum Chips to provide secure, real-time IoT connectivity and safeguard against Read more…
Insider Brief: SEALSQ Corp has secured $10 million in gross proceeds through a public offering of 7,692,308 ordinary shares at $1.30 per share, facilitated by Maxim Group LLC as the sole placement agent. The company plans to use the proceeds to advance its post-quantum semiconductor technology and ASIC capabilities in Read more…
Insider Brief Quantinuum demonstrated 50 entangled logical qubits with fidelities exceeding 98%, setting a new industry benchmark for scalable quantum systems. The company also reported on advances in quantum error correction at Q2B, including single-shot techniques, improve fault tolerance and accelerate computational operations. With its QCCD architecture, Quantinuum combines all-to-all Read more…
Insider Brief: Illinois announced the National Quantum Algorithm Center in collaboration with IBM and Governor JB Pritzker, to be located within the Illinois Quantum and Microelectronics Park (IQMP) in Chicago. IBM Quantum System Two, powered by the Quantum Heron processor, will enable advanced algorithms beyond classical simulation capabilities and support Read more…
Insider Brief: D-Wave Quantum Inc. raised $175 million in gross proceeds from its $100 million and $75 million “at-the-market” equity offering programs, with the latter completed at an average share price of $4.8149 over three days. The company expects to end fiscal Q4 2024 with at least $160 million in Read more…
Insider Brief: Researchers at City University of Hong Kong discovered how twisting bilayer 2D materials creates a vortex electric field, relevant for advancements in quantum computing, spintronics, and nanotechnology by offering a cost-effective alternative to traditional fabrication techniques. The team developed an ice-assisted transfer technique, allowing precise control of twist Read more…
Insider Brief: Heriot-Watt University secured funding for three projects under the £4.7 million (approximately $6 million) Photonics and Quantum Accelerator (PQA), a UKRI-funded initiative intended to advance Scotland’s photonics and quantum sectors. The PQA drives economic growth and workforce development, with Scotland’s photonics sector projected to grow to over £4 Read more…
Insider Brief Quantum sensors, with their unprecedented sensitivity, offer transformative potential for medical diagnostics, including early detection of diseases like Alzheimer’s, real-time microbiome analysis, and non-invasive fetal monitoring, according to a report from the Quantum Economic Development Consortium (QED-C). Unlike traditional medical devices, quantum sensors like optically pumped magnetometers are Read more…
Insider Brief AmpliTech Group has successfully developed and deployed proprietary low-noise cryogenic amplifiers, essential for enabling quantum computers to operate efficiently at ultra-low temperatures of 4 Kelvin (-452°F). The company has delivered its cryogenic amplifiers to two Fortune 50 quantum computing leaders, universities, and research institutions, solidifying its position as Read more…
Insider Brief Nokia and SK Broadband deploy quantum secure network to protect Korea Hydro and Nuclear Power’s IT infrastructure. Nokia’s trusted Quantum-Safe IP and optical network solutions enable KHNP to not compromise between security or performance with secure and trusted data network connectivity. Collaboration enhances ability to respond to accelerating Read more…