TQI QuickBits: Strangeworks Works, Insights on China's Quantum Tech Progress.. And More Quantum News
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Three years ago I compared Strangeworks and its place in the Austin-based startup scene to the mid-1970s punk rock scene in London. Hey. I was new and maybe the comparison was a bit forced, but I still stand by the idea that this startup took a three-chords-and-the-truth approach to the sometimes timid, other times hypey and most times academic-laden quantum space.
I mean, who else adds this to their company summary: "Do epic sh*t today, and prepare for quantum advantage tomorrow"? Brilliant.
With their $24 million Series A, let me make another comparison that I'll most likely self-label as ham-fisted three years from now -- Strangeworks is moving toward their Clash London Calling-era moment. A time where passion meets precision meets timing meets market.
We look forward to watching what epic sh*t Strangeworks will be doing next.
Remember to?subscribe to?TQI's official newsletter?to stay up-to-date on quantum -- or, perhaps you're just fond of out-of-place music references.
Quantum Quotes
Strangeworks notched a $24 million Series A. The company is more than a quantum startup. It's a flag-bearer for ethical, edgy, passionate, user-focused, people-powered quantum computing. The startup's main flag-bearer whurley explains why this Series A is so important.
“Five years ago, I took the stage at SXSW for our first quantum computing keynote. Since that day this team has stayed focused on our core mission, continuously beating industry expectations while utilizing only a fraction of the resources compared to the industry. Raising the Series A from these exceptional investors in this challenging economic climate sends a clear message to the market on where enterprise companies are placing their bets in the race to create quantum value.” -- Strangeworks founder and CEO whurley
The UK's announcement that it's investing ￡2.5 billion in quantum is still echoing around the quantum-sphere. This week, Roger McKinlay of the UK National Quantum Technologies Programme, gave his take on the initiative.
"The mission approach being adopted by the government is important.?This is about driving for impact and benefits in the face of scientific challenges, technical risks and wide areas of complexity and uncertainty.?This will require joined-up government action.?The UK National Programme has benefited from close co-operation, not only within UK Research and Innovation but also with the other programme partners such as the Ministry of Defence and GCHQ." -- Roger McKinlay, UK National Quantum Technologies Programme
Quantum Research -- Error-Correction Advance
Latest report on error correction advance. Real-time quantum error correction beyond break-even. A Google Quantum AI-led team of researchers demonstrated a fully stabilized and error-corrected logical qubit whose quantum coherence is substantially longer than that of all the imperfect quantum components involved in the quantum error correction process. The new qubit beat the best of them with a coherence gain of?G = 2.27 ± 0.07.
You can read more about the advance here.
Quick Looks -- Report Unveils China's Quantum Progress
Quantum is complex -- and there are a lot of hidden stories that lay at the heart of The Quantum Insider's Intelligence Platform. Our analysts and writers try to surface these. Most recently, they undertook an intense study of one of the most complex technological ecosystems: China's quantum ecosystem. The report just came out this week. You can purchase a standalone report here.
As a premium subscriber to TQI's intelligence platform, you and your organization often have access to deep, insight-driven reports.
QuickBits
China appears poised to be the leader in the global quantum market, according to a report from The Quantum Insider (TQI), the leading provider of news and market intelligence on the quantum technology industry. The report provides in-depth coverage of historical investment trends, regulatory developments, key Chinese quantum companies and investors.
领英推荐
Strangeworks, Inc., announced the successful completion of their $24M Series A funding on the 5th anniversary of the company’s public debut at SXSW in 2018. Led by world-class investors who share the company’s mission to empower visionaries to turn “what if” into “what is,” and who have witnessed enterprise customers benefit from the Strangeworks ecosystem, the new funding reaffirms the company’s?go-to-market strategy in the emerging quantum computing market, which is projected to hit $125 billion by 2030.
PsiQuantum announced it opened its UK-based advanced R&D facility at STFC’s Daresbury Laboratory in the north west of England. This effort is backed by ￡9 million of funding from the UK government’s Department for Science, Innovation and Technology (DSIT), and gives PsiQuantum access to one of Europe’s largest liquid-helium (approx. -270°C) cryogenic plants.
The UK government has announced a ￡2.5 billion strategy to deliver a quantum-enabled economy by 2033. We caught up with Roger McKinlay of the UK National Quantum Technologies Programme.
D-Wave Systems Inc. announced that it has received notice from the New York Stock Exchange (NYSE) that it is not in compliance with the the exchange’s regulations on closing prices.
?QuEra Computing, maker of the world’s first and only publicly accessible neutral-atom quantum computer – Aquila, today announces a new partnership with the National Energy Research Scientific Computing Center (NERSC). The partnership will give NERSC access to QuEra’s neutral-atom technology, advancing the center’s efforts to help develop and evaluate quantum computers with the goal of allowing its users to solve problems in quantum dynamics, chemistry, high-energy physics, and other fields.
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Love this Matt! "Three years ago I compared Strangeworks and its place in the Austin-based startup scene to?the mid-1970s punk rock scene in London. Hey. I was new and maybe the comparison was a bit forced, but I still stand by the idea that this startup took a three-chords-and-the-truth approach to the sometimes timid, other times hypey and most times academic-laden quantum space. I mean, who else says adds this to their company summary: "Do epic sh*t today, and prepare for quantum advantage tomorrow"? Brilliant."
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