Industry & Ecosystem News
PostQuantum.com – Industry news on Quantum Computing, Quantum Tech, Quantum Industry, Quantum Ecosystem, Quantum Companies
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Swiss Government Unveils CHF 80 Million Quantum Initiative
The Swiss Federal Council approved a National Quantum Initiative in 2022, committing roughly CHF 80 million to quantum science and technology over 2023-2028. This marked Switzerland’s first centralized quantum tech program, aiming to unify and amplify efforts across research institutions…
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Record-Breaking Quantum Transmission Via Micius
A team of Chinese physicists has achieved a landmark advance in quantum communication, successfully teleporting quantum states between two ground stations 1,200 kilometers apart via Micius satellite. The experiment, led by Pan Jianwei of the University of Science and Technology of…
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Swiss Startup Terra Quantum Lands $60 Million Funding
Zurich-based startup Terra Quantum raised a hefty $60 million in Series A financing to build out its “quantum-as-a-service” platform. Announced in January 2022, this was one of Europe’s largest quantum tech funding rounds at the time. Terra Quantum offers a hybrid quantum…
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IBM Eagle: The First 100+ Qubit Quantum Processor
IBM has announced Eagle, a 127-qubit superconducting quantum processor – the world’s first quantum chip to surpass 100 qubits. Unveiled at the IBM Quantum Summit in late 2021, Eagle marks a major milestone in quantum computing, nearly doubling the qubit…
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Dutch startup QuantWare launches commercially available superconducting QPUs
Dutch quantum hardware startup QuantWare has announced the launch of commercially available superconducting quantum processing units (QPUs), aiming to make superconducting qubit hardware accessible “off the shelf” and on short lead times. The company says easier access to superconducting processors…
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Zurich Instruments Acquired to Boost Quantum Industry
A major corporate development in July 2021 saw German tech group Rohde & Schwarz acquire Zurich Instruments, a Swiss test & measurement firm known for its quantum control electronics. Zurich Instruments, a spin-off from ETH Zurich, had become a leader…
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Zuchongzhi 2.0: China’s Superconducting Quantum Leap
A team of Chinese physicists has unveiled Zuchongzhi 2.0, a cutting-edge 66-qubit superconducting quantum computing prototype that pushes the frontiers of computational power. Announced by the CAS Center for Excellence in Quantum Information, this new quantum machine builds on its…
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Zuchongzhi 1.0: China’s New Superconducting Processor
In May 2021, scientists at the Chinese Academy of Sciences (CAS) unveiled Zuchongzhi 1.0, a 62-qubit programmable superconducting quantum computer that set a new benchmark in the quantum computing race. Named after a 5th-century Chinese mathematician, Zuchongzhi 1.0 contains the…
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ETH Zurich and PSI Launch Joint Quantum Computing Hub
May 2021 - ETH Zurich and the Paul Scherrer Institute (PSI) opened a new joint Quantum Computing Hub dedicated to developing next-generation quantum computers. Backed by CHF 32 million from ETH, the center in canton Aargau brings together about 30…
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China’s Jiuzhang Achieves Photonic Quantum Advantage
A team of Chinese scientists has announced a breakthrough in quantum computing with the development of Jiuzhang, a photonic quantum processor that achieved a major computational milestone. In experiments reported on December 3, 2020, Jiuzhang completed in 200 seconds a…
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D-Wave’s 5,000+ Qubit Quantum Computer “Advantage”
Vancouver-area company D-Wave Systems - the world’s first commercial quantum computing firm - launched its Advantage quantum annealer, boasting over 5,000 qubits and a radically expanded 15-way qubit connectivity. This machine marked a leap from its previous 2,000-qubit system and…
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Switzerland Maps Out a National Quantum Strategy
The Swiss Science Council released a landmark white paper on quantum technologies, outlining a national strategy to capitalize on Switzerland’s strengths in quantum computing, communication, sensing, and cryptography. This roadmap calls for greater coordination and investment across government, academia, and…
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Google’s Sycamore Achieves Quantum Supremacy
Google announced that its 53-qubit quantum processor, Sycamore, has achieved a long-anticipated milestone known as “quantum supremacy.” In a paper published in Nature, the Google AI Quantum team reported that Sycamore performed a specific computation in approximately 200 seconds –…
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U.S. National Quantum Initiative Act
On December 21, 2018, the United States solidified its commitment to quantum technology advancement by enacting the H.R.6227 – National Quantum Initiative Act. Passed with near-unanimous support from both houses of Congress, this landmark legislation outlines a comprehensive 10-year plan…
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EU Launches Quantum Technologies Flagship
On October 29, 2018, following the Quantum Manifesto published in 2016, the European Commission officially kicked off its ambitious Quantum Technologies Flagship initiative, marking a significant step in Europe’s commitment to quantum technology development. The initiative, backed by the European…
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