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Theromics Appoints Andrew C. Zeringue as Chief Executive Officer
WEST BRIDGEWATER, Mass.--(BUSINESS WIRE)--Theromics appoints Andrew C. Zeringue as Chief Executive Officer....
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PsiQuantum Signs $100 Million Letter of Intent with the U.S. Department of Commerce
PALO ALTO, Calif.--(BUSINESS WIRE)--PsiQuantum announced that the company has signed a Letter of Intent with the Department of Commerce for $100 million in proposed federal incentives....
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Infleqtion Signs Letter of Intent with the U.S. Department of Commerce for $100 Million to Accelerate U.S. Leadership in Quantum Computing
LOUISVILLE, Colo.--(BUSINESS WIRE)--Infleqtion (NYSE: INFQ), a global leader in quantum computing and quantum sensing powered by neutral-atom technology, announced it signed a Letter of Intent (LOI) with the U.S. Department of Commerce’s CHIPS Research and Development Office for $100 million in proposed funding contingent on achievement of certain development milestones to accelerate U.S. based quantum computing technologies. The investment will accelerate Infleqtion’s development of neutral-at...
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D-Wave Quantum and Department of Commerce Sign Letter of Intent for $100 Million in CHIPS and Science Act Funding to Accelerate U.S. Leadership in Quantum Computing
PALO ALTO, Calif.--(BUSINESS WIRE)--D-Wave Quantum Inc. (NYSE: QBTS), (“D-Wave” or the “Company”), the only dual-platform quantum computing company providing both annealing and gate-model systems, software and services, today announced that it has signed a Letter of Intent (LOI) for $100 million of proposed funding under the U.S. CHIPS and Science Act, which is administered by the U.S. Department of Commerce. In connection with executing final award documents, D-Wave would issue $100 million in...
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Xairos Closes Out Phase 1 of the Innovate UK Contracts for Innovation: Quantum Sensors and PNT Missions Primer
CAMBRIDGE, England--(BUSINESS WIRE)--Xairos concludes Phase 1 of the £1.4M Innovate UK programme, advancing Xairos-Athena for resilient, GNSS-independent quantum timing in infrastructure....
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University of Manchester Techbio Spin-Out Secures £5 Million to Deploy Quantum Physics, AI Modelling, and Highly Automated Labs to Power Next Gen Enzyme Engineering
MANCHESTER, England--(BUSINESS WIRE)--Imperagen, a Manchester-based techbio company using AI and quantum physics to engineer better enzymes faster, has closed a £5 million seed funding round led by PXN Ventures with participation from Imperagen’s existing investors IQ Capital and Northern Gritstone. The raise brings Imperagen's total funding to £8.5 million and will accelerate research and development, expand its wet lab capabilities, and build out its go-to-market function over the next 18 mon...
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PsiQuantum Unveils New Australian Site at Moreton Bay Central
BRISBANE, Australia--(BUSINESS WIRE)--PsiQuantum announced today that the company will anchor its project to build the world’s first utility-scale quantum computer at Moreton Bay Central....
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Infleqtion Strengthens Neutral-Atom Quantum Computing Platform with New Technical Breakthroughs
LOUISVILLE, Colo.--(BUSINESS WIRE)--Infleqtion (NYSE: INFQ), a global leader in quantum computing and quantum sensing powered by neutral-atom technology, today highlighted recent quantum computing advances that strengthen the company’s progress toward utility-scale, fault-tolerant quantum computing: the release of resource-superstaq, a new open-source architecture-level resource estimation package; a record dual-species rubidium-cesium entangling gate; a new theory preprint co-authored by Profe...
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Thales Announces Strategic Partnership with Google Cloud to Launch a New Sovereign Cloud in Germany
BERLIN--(BUSINESS WIRE)--Thales, a global leader in high technologies, today announced a strategic partnership with Google Cloud to establish a new sovereign cloud solution in Germany. Building on the success of S3NS, Thales’ trusted cloud subsidiary in France, and operator of its first European sovereign cloud region, this agreement marks a decisive step in meeting the German market's demand for sovereign solutions that shield sensitive data from extraterritorial laws. Thales will launch a new...
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QIZ Is Advancing Quantum-Resistant Security with Google Cloud
LEWES, Del.--(BUSINESS WIRE)--QIZ Security collaborates with Google Cloud to help enterprises accelerate their transition to quantum-resistant cryptography....