TQI QuickBits: Holy Superconducting Grail, Batman. Super SQC's Series A. And More News In Quantum

TQI QuickBits: Holy Superconducting Grail, Batman. Super SQC's Series A. And More News In Quantum

Congrats to the team of Silicon Quantum Computing -- great to hear that they pulled in $50.4 million for their Series A in a very challenging environment for startups. We look forward to future updates from this group as they progress towards market entry.

Some big -- potentially groundbreaking -- stories moving in quantum this week, including news that a South Korean team of researchers have made an important advance in room-temperature superconducting.

This provides an opportune moment to talk about the need for level-setting every piece of research news that comes out. While most of the readers of this newsletter understand that science is a process, most general audience members do not. Many believe that once a study is published, it becomes fact and they'll be waiting at their doorstep for their new desktop quantum computer or for their tickets to take a high-speed, highly efficient superconducting electric train.

Then, when it doesn't arrive, they mistrust science.

Continually emphasizing the process -- from pre-print to peer review to journal to more R&D refinement -- is helpful to restore trust. Conveying the idea that new technologies must not only work, but must also scale is missed in the conversation at times, too.

It's good to remind other people -- and even ourselves -- about this

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You Might Be A Quantum Writer...

Said in the Georgia twang of stand-up legend Jeff Foxworthy: You might write about quantum if your spellcheck doesn't recognize any of the dozen-and-a-half company names mentioned in your article.

Also. No joke. Don't forget to subscribe to?TQI's official weekly newsletter?for a complete wrap up of the news in quantum!

Quantum Quotes

Silicon Quantum Computing reportedly closed a $50.4 million in a recent Series A. The investors in this round include the Commonwealth Government and some of Australia’s most prominent institutions, including the Commonwealth Bank of Australia (CBA), Telstra and the University of New South Wales (UNSW).

"History has shown that emerging technology ecosystems cluster around organizations that manufacture. Backed by this funding and our team of incredibly talented physicists and engineers from around the world, SQC is well placed to become a central hardware manufacturing hub for the quantum computing industry, both in Australia and globally.” -- Michelle Simmons, CEO of SQC.

Amerijet International and Quantum-South reported on the successful completion of a joint Proof of Concept project. The project concentrated on leveraging aircraft loading optimization to enhance cargo load factor and revenue per flight.

“This substantial enhancement in cargo load factor can greatly enhance revenue per flight and increase opportunities for customers through more efficient use of capacity. We are pleased with the PoC project’s outcomes and foresee potential benefits across multiple areas." -- Eric J. Wilson, Amerijet International Chief Commercial Officer

Quantum Research

An the Amazon Web Services (AWS) Center for Quantum Computing-led team of researchers say that most error-correction methods indentify and correct errors that happen within the quantum computational subspace. These approaches may not be the most efficient for all types of qubits. Erasure qubits feature the primary error mode that involves leakage out of the computational subspace. Harnessing the unique advantages of erasure error correction could be a game-changer for quantum computing, the team writes in their paper in ArXiv.

You can read the paper here.

Quick Looks

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For a relatively young industry, quantum tech companies have already attracted a substantial number of individual and institutional investors. That number is growing fast and the pace of investment interest is growing even faster, arguably, than most other tech areas that traditionally earned keen investor attention. The mission of The Quantum Insider's Intelligence Platform is to track them all and to add new investors as they enter the market.

You can preview the platform here.

QuickBits

Silicon Quantum Computing Closes $50.4 million Series A

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Silicon Quantum Computing reportedly closed a $50.4 million in Series A, according to a company release. The investors in this round include the Commonwealth Government and some of Australia’s most prominent institutions, including the Commonwealth Bank of Australia (CBA), Telstra and the University of New South Wales (UNSW).

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Q-CTRL Adds Morpheus Ventures to Series B Funding Round

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Q-CTRL , a global leader in developing useful quantum technologies through quantum control infrastructure software, today announced the addition of Morpheus Ventures as a new investor in their record-setting Series B funding round, which has raised $54 million USD.

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Chinese Scientists Say Metropolitan Quantum Teleportation Reaches Hertz Rate

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Quantum teleportation allows quantum information to be transferred to a remote location by using quantum entanglement and classical communication. It has been achieved with different degrees of freedom of quantum light from table-top experiments to real-world demonstrations.

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Russian Scientists Present 16-Qubit Quantum Computer

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A team of Russian physicists presented a 16-qubit quantum computer at the Forum for Future Technologies in Russia that appears to combine trapped ion and photonics approaches, according to a post from Rosatom, the Russian State Nuclear Energy Corporation .

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Scientists Ride Dual-Rail Qubits For Longer Coherence Times, Improved Error Correction

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Quantum computing, with its immense promise and potential, has always faced a daunting obstacle: noise. The fragile nature of quantum states makes them susceptible to errors, leading to a loss of information and computational power. Quantum error correction (QEC) is a pivotal field of research aimed at mitigating these errors and bringing quantum computers closer to their full potential.

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Researchers Developing Building Blocks For Photonic Quantum Simulators

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Researchers at the Niels Bohr Institute have, collaborating with the University of Münster and Ruhr-Universit?t Bochum, developed new technology capable of processing the enormous amounts of information quantum systems generate. Deterministic single photon light sources, creating quantum bits at extreme rates and speed are now coupled to specially designed, integrated photonic circuits, capable of processing quantum information with adequate speed and quality without degrading the susceptible quantum states.

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A Brief Overview of Quantum Computing in South Korea in 2023

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The announcement earlier this year that South Korea plans to invest over 3 trillion won ($2.33 billion) in quantum science and technology by 2035 is a sure sign the country intends to become a global leader in the field. It will do this by increasing the number of quantum researchers seven-fold to 2,500 and developing its own quantum computer and advanced quantum sensors, as well as securing ten percent of the global market share in quantum technology by 2035, signing partnerships with IBM and IonQ in the process to train local experts in the technology.

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Interested in Deep Tech? Check out?The Metaverse Insider?and?Space Impulse?to take your knowledge of deep tech farther and even deeper.

CHESTER SWANSON SR.

Realtor Associate @ Next Trend Realty LLC | HAR REALTOR, IRS Tax Preparer

1 年

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