Insider Brief IonQ has agreed to acquire a controlling stake in ID Quantique (IDQ) and expects to form a strategic partnership with SK Telecom to expand its quantum networking capabilities. The acquisition will add IDQ’s quantum networking business, team, and nearly 300 patents to IonQ’s portfolio, increasing its total granted Read more…
Insider Brief IonQ, Inc. has appointed Niccolo de Masi as its new President and CEO, with Peter Chapman transitioning to the role of Executive Chair. De Masi, a physicist by training, has extensive leadership experience in public companies and played a key role in taking IonQ public via SPAC merger Read more…
Insider Brief PsiQuantum has announced Omega, a quantum photonic chipset designed for utility-scale quantum computing, featuring high-performance photonic components manufactured at GlobalFoundries. The Omega chipset integrates single-photon qubits with telecom-grade silicon photonics, overcoming key scalability challenges and achieving high-fidelity quantum interconnects, essential for million-qubit systems. PsiQuantum is building Quantum Compute Read more…
Insider Brief: Sabancı Ventures has invested in QuEra Computing as part of QuEra’s $230 million funding round, aligning with Sabancı Holding’s strategy to engage with future disruptive technologies and digital transformation. QuEra will use the funding to accelerate fault-tolerant quantum computing development, expand its team, scale production, and strengthen collaborations Read more…
Insider Brief Welinq and QphoX have partnered to develop optical quantum interconnects for superconducting quantum computers, enabling scalable, cluster-based quantum systems. The collaboration combines QphoX’s quantum transduction technology with Welinq’s quantum link system to facilitate seamless communication between different quantum processor modalities. This partnership strengthens European leadership in modular quantum Read more…
Insider Brief IonQ is in advanced talks to acquire ID Quantique, a Swiss firm specializing in quantum-safe encryption, in a deal valued at about $250 million, according to Bloomberg. The acquisition, which may be finalized this week, would be IonQ’s second recent deal following its purchase of quantum networking assets Read more…
Insider Brief ORCA Computing and Toyota Tsusho have partnered to provide ORCA’s PT Series quantum computing systems to customers in Japan and the Asia Pacific region. The partnership leverages Toyota Tsusho’s industry expertise and ORCA’s quantum-classical integration to support applications in automotive, chemicals, and Industry 4.0. ORCA’s photonic quantum systems, Read more…
Insider Brief Bluefors has opened a new lab facility in Chicago, expanding its Lab-as-a-Service model to the United States. The facility features a Bluefors LD400 dilution refrigerator, cryogenic electronics, a 3D vector magnet, and Quantum Machines’ OPX 1000 hybrid control electronics. Lab users can access QuantrolOx’s QuantumEDGE software, which enables Read more…
Insider Brief QuEra Computing is working with Deloitte Tohmatsu Group to accelerate Japan’s quantum industry, supported by an investment from Deloitte Tohmatsu Financial Advisory LLC. The collaboration aims to raise awareness, develop quantum computing experts, drive joint research, and support innovation among businesses, academia, and startups. QuEra operates the world’s Read more…
Insider Brief: The Malaysian government aims to become ASEAN’s leading Quantum Hub by 2035 and has chosen SDT as a key partner to establish the Quantum Intelligence Center. Set to be Malaysia’s first government-led quantum computing R&D institute, the center will focus on AI, security, and biotechnology while fostering a Read more…