TQI QuickBits: QuantWare Funding, Quantum Gets Twisted, And More Quantum News

TQI QuickBits: QuantWare Funding, Quantum Gets Twisted, And More Quantum News

The QuantWare team earns congrats this week for keeping the funding streak alive. Each week, we've reported some type of funding event-- from gratns to small seeds to large Series A and B rounds -- so far this year.

QuantWare is also a successful example of the Dutch cultivation of a quantum ecosystem. The company was spun out from TU Delft / QuTech. This country -- and region, actually -- should be a exemplar to other nations seeking ways to nurture these deep tech businesses. Deep tech companies require networks of talent, proper facilities and constant focused attention. The old "let's-refurbish-an-old-factory-and-offer-free-cubicles" tactic for startups just won't suffice.

The APS March Meeting is wrapping up today -- and looking forward to findingd and discoveries in the coming days and weeks ahead.

OK. Let's get to a rundown of important stories in quantum this week. And remember for more stories and insights, subscribe to?TQI's official newsletter.

Quantum Quotes

Quantinuum’s new CEO Rajeeb “Raj” Hazra?said in an exclusive interview that he believes that Quantinuum will be the leader in developing quantum technologies that will create solutions for some of the world’s biggest challenges.

“Where quantum is, that’s where you’ll find Quantinuum." -- Raj Hazra.

India has the talent to become a quantum giant. Many institutions in the country building that ecosystem to find and nurture that talent. The Indian Institute of Science (IISc), Bangalore and Harish-Chandra Research Institute (HRI) are examples.

“The Centre for Quantum Engineering, Research and Education was established in 2020. The objectives of the Centre are twofold: First, to pursue cutting-edge research in quantum science and technology; and second, to provide high-quality education to students and to train them to carry out research in this important area in the field.” -- Bhanu Das, Director Centre for Quantum Education, Research and Education.

Quick Look

To understand quantum and deep tech, you need to understand academic research. The Quantum Insider's Intelligence Platform allows you the opportunity to dive deep into research powerhouses -- in this case Aalto University, which was in the news this week.

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QuickBits

Quantum May be Uncertain, But Quantinuum’s New CEO Isn’t — Raj Hazra Is Sure The Company Will Bring Quantum Solutions to The Real World

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After decades at Intel and years working as an executive in the technology industry, Quantinuum’s new CEO Rajeeb “Raj” Hazra is ready to lead a quantum business and he believes that Quantinuum will be the leader in developing quantum technologies that will create solutions for some of the world’s biggest challenges.

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What Are Optimization Problems? How QCI’s Unique Quantum Approach Can Help Organizations Solve Complex Problems Across Industries

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Optimization refers to the complex challenge of finding the best choice of solution to problems that often have many constraints. Businesses and organizations constantly face optimization challenges, and quantum and hybrid quantum approaches offer paths toward solving some of the most important – and most complicated– optimization problems facing those organizations.

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QuantWare Lands €6 million to Roll Out Quantum Processors

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QuantWare, the leading provider of large-scale superconducting quantum processors, has announced a €6 million Seed Round led by Forward.One, with QDNL Participations and Graduate Entrepreneur also playing a significant role in the round.

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IonQ Reports 50% Year-Over-Year Increase in Bookings

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IonQ, a quantum computing industry leader, announced that it had achieved $24.5 million in bookings for the full year 2022, representing a ~50% year-over-year increase.

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A Twist on Quantum Bits: Tubular Carbon Nanomaterial Makes Ideal Home for Spinning Qubits

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Scientists are vigorously competing to transform the counterintuitive discoveries about the quantum realm from a century past into technologies of the future. The building block in these technologies is the quantum bit, or qubit. Several different kinds are under development, including ones that use defects within the symmetrical structures of diamond and silicon. They may one day transform computing, accelerate drug discovery, generate unhackable networks and more.

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India-based Centre for Quantum Engineering, Research and Education at TCG Crest Presents its Research & Goals for The Future

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India’s research in quantum computing is exemplary, with several academic institutions and research organizations working on different aspects of quantum computing. Two such examples are The Indian Institute of Science (IISc), Bangalore, whose Department of Physics at IISc has a strong focus on quantum information and computation research. Researchers at IISc are working on areas such as quantum algorithms, quantum error correction, quantum cryptography, and quantum communication.

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CHESTER SWANSON SR.

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

1 年

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