QURECA’s July News Update ??

Hi and welcome to QURECA’s July News Update!??

We hope you are enjoying the warm and sunny days of summer, finding time to relax, recharge, and make wonderful memories with family and friends. As the season of growth and vitality, summer brings a sense of renewal and optimism, and we are excited to share some of the latest and most exciting developments in the world of quantum computing and technology. We're thrilled to bring you an exclusive range of summer sale offers, making it easier than ever to dive into the exciting world of quantum computing. Whether you're looking to expand your current knowledge or begin your quantum journey, our summer sales have something for everyone. Hurry though, offers lasting until 15th August!?

??CHECK THE CATALOGUE??

This month, we bring you groundbreaking achievements, inspiring partnerships, and promising new initiatives that are shaping the future of our industry. From record-smashing quantum gate fidelities to innovative educational collaborations, there's much to be hopeful about as we look ahead!?

We hope these stories inspire you and bring a bit of sunshine to your day. Stay cool, stay curious, and enjoy the rest of your summer!?

Firstly, let’s recap some exciting news from July so far.?

??Weekly News highlights?

We publish weekly quantum technology news and announcement updates on our LinkedIn page to keep our followers in the loop, if you’re not currently a follower we highly recommend you get on board! In case you missed them, here’s a quick overview:?

The Biden administration announced a $504 million investment to fund 12 technology hubs across the U.S., including $41 million for the Elevate Quantum Tech Hub, aiming to advance technological fields and create 10,000 jobs2. 宝马 , 英伟达 , and Classiq Technologies partner to explore how quantum computing can optimise electromechanical components in EVs, focusing on reducing waste and improving efficiency using quantum algorithms3. SK电讯 launched the Q-HSM, a quantum security chip combining a quantum random number generator with post-quantum cryptography, designed for IoT devices and other applications4. Riverlane released a 3-year roadmap detailing iterative enhancements to their Deltaflow series aimed at achieving one million error-free quantum operations by 2026, with plans to progress towards trillion operations thereafter5. 达飞轮船 Group partnered with Pasqal to improve maritime transport efficiency using neutral atom quantum computing and announced the establishment of a Quantum Computing Center for Excellence for training and R&D6. planqc raised €50 million in Series A funding to develop a quantum computing cloud service and create software applications for various industries including healthcare and finance7. Zapata AI and D-Wave expanded their commercial partnership to accelerate the development of generative AI platforms8.?

??Other big news!?

EU back Hamburg as quantum innovation hub?

The European Union launched the "Hamburg Quantum Computing" project in Hamburg, Germany, with a funding boost of 17 million euros, including 7 million euros from the European Regional Development Fund and 10.5 million euros from Hamburg city9. The six-year initiative, led by the Universit?t Hamburg and the Technical University of Hamburg, aims to develop quantum computing software and hardware, foster interdisciplinary research, and train new specialists as well as establish an integrated industrial phase, designed to provide critical support for aspiring start-ups and entrepreneurs. The project is expected to drive innovation and establish Hamburg as a hub for quantum computing research. Read more: https://quantumzeitgeist.com/eu-funds-hamburg-quantum-computing-project-with-17-million-boost/#:~:text=The%20European%20Union%20has%20launched%20a%20new%20quantum,%28UHH%29%20and%20the%20Technical%20University%20of%20Hamburg%20%28TUHH%29??

IBM reaching new quantum heights?

Researchers at IBM Quantum achieved an outstanding milestone in quantum simulation, executing 13,858 CNOT gates and a CNOT depth of 370. Utilising Qiskit Runtime and its error mitigation techniques, the team ran approximately 154 million circuit shots. The results were obtained using 112 qubits of IBM’s Heron processor, ibm_torino, and underscore the potential of utility-scale quantum computing. Future goals include simulating two high-energy particle beam collisions, which could demonstrate quantum computational advantage as no classical computer is currently capable of this feat. The work emphasises the importance of error suppression and correction techniques in advancing quantum technology. Read more: https://www.ibm.com/quantum/blog/hadron-dynamics-simulations?

Quantum Circuits create new superconducting qubit hardware??

Quantum Circuits, Inc. has introduced the Dual-Rail Qubit (DRQ), a new superconducting qubit with integrated error detection that significantly reduces phase and bit-flip errors, enhancing reliability and performance. The DRQ leverages two high-performance resonators for improved qubit coherence and stability, and achieves state preparation and measurement fidelities up to 99.99%. This innovation paves the way for practical error correction and scalable quantum processors, Quantum Circuits is also offering an alpha program for select customers to experiment with these dual-rail qubits via their Quantum Circuits Simulator. Read more: https://quantumcomputingreport.com/quantum-circuits-introduces-the-dual-rail-qubit-a-new-type-of-superconducting-qubit-with-built-in-error-detection/??

Singapore’s quantum security gets a boost?

SPTel Pte Ltd , in collaboration with ST Engineering , 诺基亚 , and Fortinet , has launched new Quantum-Safe Services aimed at enhancing cybersecurity for organisations in Singapore by leveraging advanced quantum encryption technologies to protect against emerging quantum threats, ensuring comprehensive and reliable network security. The services are part of SPTel's National Quantum-Safe Network Plus (NQSN+) solution, which aims to bolster cyber defence measures across various sectors. The collaboration integrates the strengths of the partnering companies to provide robust, cutting-edge encryption solutions to future-proof networks against quantum computing vulnerabilities. Read more: https://sptel.com/sptel-partners-with-st-engineering-nokia-and-fortinet-on-quantum-safe-services/?

Xanadu and partners set to bolster Japan’s quantum ecosystem?

Xanadu has formed strategic partnerships with Nano Quantum Technology (NanoQTech) and QunaSys to advance quantum computing in Japan. NanoQT will focus on integrating nanofiber-based Cavity QED systems with neutral atoms and photons to scale quantum networks, while QunaSys will use Xanadu’s PennyLane platform to enhance error correction algorithms for quantum chemistry and computer-aided engineering. An awesome project in technological innovation, it’s also set to provide educational resources to support the development of Japan's quantum ecosystem, preparing the next generation of quantum scientists and engineers. Read more: https://quantumcomputingreport.com/xanadu-forges-strategic-alliances-with-nanoqt-and-qssunasys-to-propel-quantum-computing-advancements-in-japan/??

Microsoft’s quantum operations depart Australia to consolidate in US?

微软 recently announced they will be ending a seven-year long collaboration with the quantum computing research team at the 澳大利亚悉尼大学 . The move will no doubt be a massive blow to the local Australian quantum research community and implies a consolidation as the tech giant moves its own focus in quantum research and commercialisation back to US HQ in Redmond, Washington. The move isn’t the end entirely however as ongoing projects and collaborations continue, as well as the new MoU for AI studies. Read more: https://thequantuminsider.com/2024/07/16/winding-down-under-microsoft-shuts-down-quantum-research-in-australia-relocates-to-us/#:~:text=Following%20a%20fruitful%20research%20partnership%20in%20Australia%2C%20Microsoft,Sydney%2C%20according%20to%20a%20story%20in%20Information%20Age??

IonQ plans for commercial quantum advantage?

IonQ recent published their 2024/25 progress report highlighting strides towards commercial quantum advantage by providing practical and scalable solutions including development of Forte Enterprise, a high-performance quantum computer designed for enterprise use. The company plans to enhance their hardware with integrated error correction, aiming to increase the number of algorithmic qubits significantly. IonQ's strategy involves leveraging partnerships and expanding their cloud-based quantum computing services, making their technology further accessible to end users. Their approach plans to accelerate the adoption of quantum computing across various industries, emphasising practical applications and real-world impact. Read more: https://www.hpcwire.com/2024/07/02/ionq-plots-path-to-commercial-quantum-advantage/?utm_source=substack&utm_medium=email??

Course update!?

We can’t wait to share the launch of our new online course, Quantum Machine Learning, as part of Quantum Technology Courses for Industry programme, QTIndu. Delve into the intersection of quantum computing and machine learning, exploring their unique advantages and potential applications. Learn to tackle optimisation problems using parameterised quantum circuits, QAOA, and advance your skills in quantum classifiers, regression, and supervised and unsupervised learning methods. With hands-on coding exercises where you’ll get to apply your newly learned knowledge and observe its impact, this course prepares you to apply QML to solve real-world problems, making you a leader in this exciting, evolving field.??

For a limited time, learners from EU-member states can access the course for free! Stay tuned for upcoming release date.?

That’s it for this edition, we hope you enjoyed a catch up and highly encourage you to follow our LinkedIn for weekly news updates! There’s always exciting news and developments going on so don’t miss out!??

Also, don’t forget to follow our other socials for all the exciting QURECA news and updates elsewhere.?

Until next time, intrepid quantum enthusiasts!?

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