Quantum Computing Report

Physicists at the Center for Computational Quantum Physics (CCQ) at the Simons Foundation’s Flatiron Institute, in collaboration with Boston University, have developed a classical algorithm that successfully simulates complex three-dimensional quantum dynamics previously claimed to be impossible without a quantum computer. Published in Science, the study refutes a high-profile "beyond-classical" …

Alice & Bob has secured a strategic venture capital investment from NVentures, the private equity arm of NVIDIA Corporation, expanding its existing €100 million ($116 million USD) Series B funding round. The investment follows a public policy milestone where French President Emmanuel Macron announced an additional €1 billion ($1.16 billion USD) allocation to the state's [...] The post Alice & Bo…

Pasqal Holding SAS has published application-level hardware research comparing the performance of logical and physical qubits executing a machine learning algorithm. Conducted in collaboration with the Université Paris-Saclay and the Institut d’Optique, the benchmark evaluated a quantum kernel-based differential equation solver. The experiment represents a transition for neutral-atom hardware fro…

SBQuantum has been awarded two defense procurement contracts totaling $3 million CAD ($2.2 million USD) to deliver and validate its proprietary quantum diamond magnetometers in operational military environments. Funded through the Government of Canada’s primary defense innovation initiatives, the dual awards support the deployment of localized quantum-sensing platforms to assist the Department of…

A joint institutional research coalition has published a foundational workforce study positioning Illinois as a primary national hub for quantum information science and technology (QIST) talent development. The first-of-its-kind report was co-authored by the Illinois Science and Technology Coalition (ISTC), the Illinois Economic Development Corporation (IEDC), the Illinois Quantum and Microelectr…

GlobalFoundries (GF) has established a new business division, Quantum Technology Solutions, to scale commercial fabrication capabilities for the quantum computing industry. The unit enters the market with active customer engagements and a pipeline of quantum hardware developers preparing to scale production. In conjunction with this launch, the U.S. Department of Commerce signed a letter of [...…

Xanadu Quantum Technologies Limited has finalized a public stock exchange listing on the Nasdaq and TSX (Ticker: XNDU), accompanied by the announcement of a core algorithmic optimization in Quantum Read-Only Memory (QROM) modules. Detailed in a technical pre-print by researchers Danial Motlagh and Matthew Pocrnic, the architectural blueprint reduces the non-Clifford operational overhead required …

QuiX Quantum has introduced PACU (Photonic Assembly Control Unit), a rack-mountable control system designed to provide a scaled, standardized control layer across its line of photonic hardware. Deployed as a 3U, 19-inch air-cooled chassis, the specialized instrumentation resolves a primary architectural bottleneck in measurement-based photonic quantum computing: regulating large physical arrays o…

The U.S. Department of Commerce has signed nine non-binding letters of intent (LOIs) to allocate $2.013 billion in federal incentives under the CHIPS and Science Act. Administered by the CHIPS Research and Development Office, the capital injection establishes a national portfolio targeting advanced manufacturing, sovereign microelectronics innovation, and hardware optimization. The overarching st…

Quantinuum has entered into a scaled technical project with multinational integrated energy firm bp to develop quantum-hybrid algorithms for subsurface seismic imaging. The project transitions from a successful feasibility pilot into a production-oriented scaling phase designed to model more complex geophysical wave physics properties. The industrial application targets computational bottlenecks …

Groove Quantum, a spin-out from the Delft University of Technology (TU Delft) has secured €16 million ($18.7M USD) in combined equity and grants to accelerate the development of its germanium-based quantum processors. Alongside the funding, the company unveiled an 18-qubit semiconductor spin-qubit processor, currently the largest of its kind. The funding included a €10 million [...] The post Gro…

IBM has announced a major dual expansion of its technology ecosystem, launching the FutureNow Chicago delivery center at the Illinois Quantum and Microelectronics Park (IQMP) and transitioning its long-standing academic partnership into the new MIT-IBM Computing Research Lab. The Chicago initiative will create 750 new full-time jobs in AI, cybersecurity, data science, and quantum computing. [...…

Mandeville Ventures Inc. (TSXV: MAND.P), a capital pool company, has entered into a definitive amalgamation agreement to acquire Ottawa-based cybersecurity firm Quantropi Inc. The transaction, announced on April 24, 2026, is intended to serve as Mandeville’s "qualifying transaction" under TSX Venture Exchange policies. Upon completion, the combined entity will be renamed Quantropi Corp. The deal …

Monarch Quantum and Oratomic have entered a strategic partnership to accelerate the development of utility-scale, fault-tolerant quantum computers. The collaboration integrates Monarch’s specialized photonics systems with Oratomic’s neutral atom computing architecture. Under the agreement, Monarch Quantum will act as the systems integrator, providing its proprietary Quantum Light Engines™ and man…

Haiqu, a New York-based quantum middleware developer, and HSBC have published peer-reviewed research in Physical Review Research demonstrating a method to overcome one of quantum computing's most significant hurdles: quantum state preparation. This process involves encoding classical data (such as financial probability distributions) into quantum states so that quantum algorithms can process them…

IBM has submitted a proposal to the Town of Poughkeepsie Planning Board to construct a new 511,000-square-foot quantum computing facility at its historic Poughkeepsie campus. The project involves the demolition of two existing buildings totaling 161,000 square feet to accommodate a manufacturing and assembly center for the company’s next-generation Starling quantum systems. Once completed, the […

IonQ (NYSE: IONQ) and Florida LambdaRail (FLR) have announced a Master Service Agreement to deploy a quantum-safe communication network across the state of Florida. Announced at the 2026 eMerge Americas Conference, the initiative marks the first phase of a broader effort to transition critical fiber infrastructure toward physics-based, quantum-secure protection. The initial project involves a [.…

Yuval Boger interviews Lionel Martellini, finance professor at the EDHEC and founding director of the EDHEC Quantum Institute. Lionel describes his unusual path from finance to astrophysics and why business schools should teach quantum awareness to future leaders. They discuss core quantum concepts, the danger of overhyping “quantum washing,” and the real prospects for quantum [...] The post Pod…

QuantX Labs has announced that a subsystem payload of TEMPO, its compact optical atomic clock, is now in orbit following a successful launch on March 30, 2026, via the SpaceX Transporter-16 mission. Developed in partnership with the Institute for Photonics and Advanced Sensing (IPAS) at Adelaide University, TEMPO is designed to provide timing performance up [...] The post QuantX Labs Deploys Qua…

Quantum Art, an Israeli-based developer of full-stack trapped-ion quantum computers, has extended its Series A financing to $140 million. Led by Bedford Ridge Capital, the extension follows an initial $100 million round announced in December 2025 and includes new participation from Hudson Bay Capital, Poalim Equity, LIP Ventures, Wolverine Global Ventures, and IDA Ventures. The [...] The post Qu…