Quantum Computing's Super Charged Momentum
Michael Spencer
A.I. Writer, researcher and curator - full-time Newsletter publication manager.
M&A in Quantum Computing was Hot the Last 18 months
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May 24th, 2022: Quantum Computing Inc. Announces Agreement to Acquire QPhoton
Hey Guys,
Practically every week there is some kind of Quantum computing startup coming out of stealth. M&A has also blossomed in 2022 with teams merging. Many new industry partnerships have also been announced, the PR has been?quite a few each day.
Want to get a taste for my coverage in Quantum Foundry. Feel free to try my seven day free trial, quite a lot of my content are for premium readers only.
Quantum computing deals show no sign of slowing in 2022. Mergers, venture capital, and partnerships have occurred across the world, demonstrating investor and industry interest in the technology and its expanding ecosystem. Then there were three major SPACs.
In 2021, both PsiQuantum and Xanadu received large investments. Deals are occurring across the value chain, in both software and hardware. In 2022 we saw even more deals and VC backing, at an accelerated pace.
2022: The Year Quantum Computing Went Global
Even in the first half of 2022, Quantum computing investment went very global. It was a pretty important year. How?different countries?are investing in Quantum computing is also very interesting to watch.
At Quantum Foundry I’ve covered a lot of the major stories so far. You can check out my?archives here. The Easiest is if you download the app.
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Quantum Computing Inc. Announces Agreement to Acquire QPhoton
Quantum Computing Inc.?(“QCI” or the “Company”) (NASDAQ: QUBT), a leader in accessible quantum computing software, today announced that it has entered into a definitive agreement to acquire QPhoton, a quantum photonics innovation company that has developed a series of quantum photonic systems (QPS).
$QUBT has a stock price of $2.25.
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The acquisition of QPhoton extends QCI’s offerings to accelerate the accessibility of quantum computing, and other powerful technologies, into easily deployable solutions today, and advances QCI into a full-spectrum quantum software and hardware company.
Quantum Computing, Inc. focuses on providing software tools and applications for quantum computers in Virginia.
The company offers?Qatalyst, a quantum application accelerator that enables developers to create and execute?quantum-ready applications on conventional computers, while being ready to run on quantum computers as well as provides multiple quantum processing units including DWave, Rigetti, and IonQ.
It focuses on serving commercial and government entities.
QPhoton
Hoboken (New Jersey) -based QPhoton, a quantum photonics innovation company founded by?Yuping Huang,?an associate professor at Stevens Institute of Technology.
QPhoton’s QPS, including those for?AI and optimization, operate at room temperature and maintain computational stability?in a variety of application environments.
These unique approaches eliminate the cost and complexity required by the hyper-cooled, tightly controlled environments required by other technology. QPhoton’s QPS is designed to be easily deployed and used at a substantially reduced total cost of ownership relative to competing offerings, while providing substantial quantum advantages.
The QPS for optimization work effectively with QCI’s?Qatalyst??software, which is designed to eliminate the need for complex quantum programming and runs seamlessly across a variety of quantum computers. This combination sets QCI on a path to delivering a broadly accessible and affordable solution that can be used by non-quantum experts, anywhere, for real-world industry applications.
Qatalyst will continue to be a vendor-neutral software, supporting a variety of quantum computing platforms including D-Wave, IonQ, Oxford Quantum Circuits, Rigetti, and QPhoton, among others.
Dr. Huang, the Gallagher Associate Professor of Physics at Stevens Institute of Technology and the founding Director of the Center for Quantum Science and Engineering, has developed a number of quantum techniques over the past few years based on over $18 million of investment from many US government agencies, including the Department of Defense, the National Science Foundation, and NASA.
“This acquisition is key to QCI delivering on its commitment to be the democratizing force that empowers non-quantum experts to realize quantum value,”?Robert Liscouski, CEO of QCI, said in a statement. “The combination of QPhoton’s powerful quantum processing technology and systems with QCI’s Qatalyst software significantly accelerates accessibility to quantum solutions for real business problems.
Will Quantum Computing Hype Meet at Great Freeze?
Obviously things will start to slow down in Venture Capital after such an exciting last two years. Still it’s been quite a ride witnessing all of these startups coming out of stealth, the hype and the momentum the industry has on so many fronts.
What is even the limit of how far quantum computing can scale in the 2020s? I’m not sure we even know the factual answer to that yet.
Cloud, Cybersecurity and A.I. will Accelerate Quantum Computing Investments in 2020s
Quantum computers have the potential to break public-key cryptography, and therefore many companies are interested in quantum cryptography. The variety of approaches seeking to achieve Quantum scalability is also immersive and varied.
The reason I’m personally so confidence about Quantum computing is how artificial intelligence and cloud-based quantum services will contribute to the growth of the quantum computing industry.
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I've started a Newsletter for quantum computing news, if this field interests you, you can subscribe?here. I cannot continue to write without tips, sponsorship and community support. (follow the link below).
https://ipotimes.substack.com/subscribe
Quality Engineer for Zimmer Biomet at Tata consultancy | Experienced in Design Control, Technical Documentation & Project Delivery | MSc in Data Science | Seeking Graduate Opportunities in AI and Mechanical Engineering
2 年Great article. I believe that the quantum computing is still at it's early stage where only people with high knowledge within the field are able to work. I think that that quantum computing should be made easier for people to understand and work with it then only we take the real advantage this technology.
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2 年It looks like the speed of tech developments from today's world does not stop to increase...we are moving too fast...lol, very difficult to keep up with everything surrounding AI, quantum computing, IoT...Great article Michael Spencer, thanks