Industry
Funding rounds, partnerships, acquisitions, product launches, and market developments across the quantum computing industry and its enabling ecosystem.
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Quantinuum Raises $800 M at $10 B Valuation
In a sign of surging investor confidence in quantum computing, Quantinuum - the company formed by Honeywell’s quantum unit and Cambridge Quantum - has secured an $800 million funding round that values it at roughly $10 billion. The raise, announced November 5, is…
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IonQ & Partners Launch City-Scale Quantum Network in Geneva
California is making a bid to become the epicenter of the quantum tech economy. In early November, Governor Gavin Newsom unveiled Quantum California, a new statewide initiative to align academia, industry, and government in accelerating quantum innovation. Announced at an…
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U.S. DOE Invests $625 M to Renew National Quantum Centers
American officials are doubling down on quantum research. On November 4, the U.S. Department of Energy (DOE) announced $625 million in funding to renew its five National Quantum Information Science Research Centers for another five years. These centers, originally established in…
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Xanadu to Go Public in $3 B Photonic Quantum SPAC
In a landmark deal for the quantum industry, Canada’s Xanadu Quantum Technologies announced plans to go public via a merger with a special-purpose acquisition company (SPAC). The deal, unveiled November 3, values Xanadu at a pre-money equity value of US$3 billion and…
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EU Launches Plan for a Comprehensive “Quantum Act”
The European Union (EU) is laying the groundwork for a major legislative push in quantum technologies with a proposed EU Quantum Act, aiming to unify and amplify Europe’s efforts in the global quantum race. On October 31, the European Commission…
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China Deploys 100-Qubit Neutral-Atom Quantum Computer
China has reached a new milestone in quantum computing with the deployment of Hǎnyuán-1, the country’s first room-temperature neutral-atom quantum computer. Announced in late October in Hubei Province, Hǎnyuán-1 is a 100-qubit system that has now entered commercial use -…
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Cloudflare Secures Majority of Internet Traffic with PQC
The Internet is quietly undergoing a massive cryptographic upgrade to resist quantum attacks - and as of October 2025, a major milestone was reached: over 50% of human web traffic through Cloudflare’s network is now protected with post-quantum encryption. Cloudflare,…
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NVIDIA Bridges Quantum and Classical Supercomputing
NVIDIA is forging a tighter link between quantum and classical supercomputers. At its GTC Washington, D.C. event on October 28, NVIDIA unveiled NVQLink, a new high-speed interconnect and open architecture that couples quantum processors (QPUs) directly with GPU-accelerated supercomputers. The…
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🏆 The Quantum Minute Wins Best Podcast Series of 2025 – and What That Really Means for Cybersecurity
I’m proud, both personally and professionally, to share that Applied Quantum’s podcast, The Quantum Minute, produced by Cybercrime Magazine, has been named Best Podcast Series of 2025. But what makes this win truly meaningful isn’t just that our show received…
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Quantum Tunnelling on a Chip: Why the 2025 Nobel Prize in Physics Matters for Quantum Tech
The 2025 Nobel Prize in Physics went to John Clarke, Michel Devoret and John Martinis for a deceptively simple yet profound experiment. They built a superconducting circuit - two superconductors separated by an insulating barrier known as a Josephson junction - and showed…
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IBM’s “Secure the Post-Quantum Future” Report
A new 2025 report from IBM’s Institute for Business Value (IBV), in collaboration with the Cloud Security Alliance (CSA), paints a stark picture of enterprise readiness for the quantum era. Titled ”Secure the post-quantum future,” the study surveyed 750 executives…
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Italy’s Largest Quantum Computer Built on Open Architecture Debuts in Naples
The University of Naples Federico II unveiled the country’s most powerful quantum computer - a 64-qubit system assembled using a revolutionary modular design. Powered by a Tenor quantum processing unit (QPU) from Dutch startup QuantWare, this machine now stands as…
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HSBC and IBM’s Quantum-Enabled Bond Trading Breakthrough
HSBC and IBM revealed the world’s first-known quantum-enabled algorithmic trading trial in the bond market. In a collaboration bridging banking and cutting-edge tech, the team demonstrated up to a 34% improvement in predicting whether a customer’s bond trade would go…
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New Paper Alert: Mapping Quantum Industry Demands to Education
A new peer-reviewed study - “Mapping quantum industry demands to education: a critical analysis of skills, qualifications, and modalities,” by Devendrababu et al. has just been published in EPJ Quantum Technology (2025). The paper takes a data-driven look at what…
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Japan Launches First Homegrown Quantum Computer, Marking a Quantum Sovereignty Milestone
Japan has officially switched on its first quantum computer built entirely with homegrown technology. The new superconducting system went live on July 28, 2025 at Osaka University’s Center for Quantum Information and Quantum Biology (QIQB) - a landmark achievement that…
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