Latest Quantum Industry & Ecosystem News
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Dec- 2023 -22 DecemberSecurity & PQC News
2023 Quantum Threat Timeline Report Published
Dr. Michele Mosca, a prominent figure in the field of quantum computing and cryptography, and one of the most prominent voices advocating for active preparation of industries and governments for the quantum era regularly publishes a survey of global quantum computing experts on their Q-Day predictions. The latest report, “The 2023 Quantum Threat Timeline Report,” was just published. The report…
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11 DecemberIndustry & Ecosystem News
IBM Unveils Condor: 1,121‑Qubit Quantum Processor
IBM has announced “Condor,” a superconducting quantum processor with a record-breaking 1,121 qubits – the largest of its kind to date. Unveiled at the IBM Quantum Summit 2023, Condor marks the first quantum chip to surpass 1,000 qubits, a milestone many in the field have eyed as a crucial step toward practical quantum computing. The new processor, built on IBM’s…
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Oct- 2023 -14 OctoberIndustry & Ecosystem News
Jiuzhang 3.0: China’s Photonic Quantum Computer
Chinese researchers have announced Jiuzhang 3.0, a new photonic quantum computing prototype that set a record by detecting 255 photons in a boson sampling experiment. Unveiled in October 2023 by a team led by renowned physicist Pan Jianwei, Jiuzhang 3.0 pushes the boundaries of photonic quantum computing with a demonstration that is 10 quadrillion times faster at solving a Gaussian…
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Sep- 2023 -29 SeptemberSecurity & PQC News
New Coalition Launched to Tackle Post-Quantum Cryptography
The MITRE Corporation has announced the formation of the Post-Quantum Cryptography Coalition, a collaborative effort to address the imminent threats posed by quantum computing to current cryptographic systems. The coalition aims to accelerate the development and adoption of quantum-resistant cryptographic solutions, ensuring the security and privacy of data against future quantum attacks. Quantum computers, once fully developed, will have the…
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Feb- 2023 -24 FebruaryResearch News
Google Claims Breakthrough in Quantum Error Correction
Feb 2023 – Quantum computers hold the promise of tackling problems beyond the reach of classical machines, but they are notoriously fragile. Even tiny disturbances can introduce errors into quantum computations. To build a fault-tolerant quantum computer – one that can reliably run long computations – scientists have to keep these errors in check. Google’s Quantum AI team just reported…
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Dec- 2022 -15 DecemberSecurity & PQC News
2022 Quantum Threat Timeline Report Published
The “2022 Quantum Threat Timeline Report” by the Global Risk Institute, authored by Dr. Michele Mosca and Dr. Marco Piani from evolutionQ Inc. was just published. This report provides analysis of the quantum threat landscape and tries to predict the arrival of the Q-Day by polling a number of global quantum computing experts. The report emphasizes the urgent need for…
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Nov- 2022 -30 NovemberIndustry & Ecosystem News
IBM Osprey: A 433-Qubit Quantum Leap
IBM has announced Osprey, a superconducting quantum processor with a record-breaking 433 qubits – by far the largest of its kind as of its 2022 debut. Revealed at the IBM Quantum Summit in November 2022, Osprey more than triples the qubit count of IBM’s previous 127-qubit Eagle chip. IBM says this new processor “brings us a step closer to the…
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Oct- 2022 -27 OctoberIndustry & Ecosystem News
Switzerland and United States Forge Quantum Cooperation
In October 2022, Switzerland and the U.S. signed a Joint Statement on Cooperation in Quantum Information Science and Technology, pledging to deepen collaboration between the countries’ researchers and institutions. The agreement, signed in Washington D.C. by Switzerland’s State Secretary for Education, Research and Innovation and a U.S. State Department official, outlines plans for joint research projects, exchanges, and sharing of…
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Aug- 2022 -9 AugustIndustry & Ecosystem News
D-Wave Goes Public on the NYSE
D-Wave achieved a significant corporate milestone by listing on the New York Stock Exchange under the ticker “QBTS”. The public debut came via a merger with a SPAC (special-purpose acquisition company) and made D-Wave one of only three quantum computing companies in the world to have publicly traded stock at the time. On its first day, D-Wave’s shares jumped nearly…
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Jun- 2022 -3 JuneIndustry & Ecosystem News
Xanadu’s Photonic Quantum Computer Achieves Advantage
Toronto-based startup Xanadu shook the quantum world by announcing that its Borealis photonic quantum computer had achieved quantum computational advantage - completing a specialized task exponentially faster than any classical supercomputer could. In a Nature-paper and accompanying demo, Borealis took on the Gaussian boson sampling challenge (a complex photonic calculation) and generated results in only 36 microseconds, a feat estimated…
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May- 2022 -31 MayIndustry & Ecosystem News
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 and industry. The funds will support new R&D projects, professorships, and infrastructure in areas like quantum computing, communications (quantum cryptography),…
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Apr- 2022 -29 AprilIndustry & Ecosystem News
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 China, marks the longest-distance quantum teleportation ever demonstrated, shattering previous records that were limited to tens or hundreds of kilometers.…
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Jan- 2022 -25 JanuaryIndustry & Ecosystem News
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 computing platform - combining classical computing power with quantum algorithms - and is even developing its own quantum hardware. The…
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Nov- 2021 -30 NovemberIndustry & Ecosystem News
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 count of IBM’s previous 65-qubit “Hummingbird” processor and overtaking the scale of rival devices like Google’s 53-qubit Sycamore. IBM’s researchers…
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Jul- 2021 -9 JulyIndustry & Ecosystem News
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 in specialized instrumentation for quantum labs (like quantum computer control systems). The deal, completed on July 1, 2021, makes Zurich Instruments…
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