Did you want to go on holidays this summer? Lucky you, because the quantum industry did not. (If you happened to be in a hot place, working next to a dillution refigerator may have helped). Qunova’s closed a $10 million Series A round. Haiqu Xanadu collaborated on the Open Quantum Design—supported by $1.6 million from Canada’s Digital Technology Supercluster—working to deliver the first full-stack, open-source quantum compilation infrastructure to reduce vendor lock-in and broaden technology access. Strangeworks acquired Quantagonia (that was an interesting one! A quantum platform buys al algorithm shop!) to integrate quantum infrastructure with optimization and AI tools, accelerating its European reach. Meanwhile ORCA Computing deployed two PT Series photonic quantum systems at Montana State University’s QCORE, marking rapid, practical deployment for applied research under a $26.7 million Air Force-backed program. Key technology advances were also reported: Terra Quantum introduced its QMM-Enhanced Error Correction, a quantum gravity-inspired approach aimed at scalable, hardware-efficient error correction; Quantinuum made progress in compact ion trap scaling via microfabrication and semiconductor partnerships with Infineon; and Rigetti launched a 36-qubit system for public cloud access, reflecting incremental momentum in hardware availability. Matrix Product States were shown as superior for privacy-preserving synthetic data, while quantum-AI synergy sped up drug discovery efforts targeting KRas, though quantum advantage remains elusive (i.e NO, YOU CAN’T USE QUANTUM COMPUTERS TO CURE CANCER) (yet).
Qunova, Strangeworks & Quantagonia, Xanadu…
Did you want to go on holidays this summer? Lucky you, because the quantum industry did not. (If you happened to be in a hot place, working next to a dillution refigerator may have helped). Qunova’s closed a $10 million Series A round. Haiqu Xanadu collaborated on the Open Quantum Design—supported by $1.6 million from Canada’s Digital Technology Supercluster—working to deliver the first full-stack, open-source quantum compilation infrastructure to reduce vendor lock-in and broaden technology access. Strangeworks acquired Quantagonia (that was an interesting one! A quantum platform buys al algorithm shop!) to integrate quantum infrastructure with optimization and AI tools, accelerating its European reach. Meanwhile ORCA Computing deployed two PT Series photonic quantum systems at Montana State University’s QCORE, marking rapid, practical deployment for applied research under a $26.7 million Air Force-backed program. Key technology advances were also reported: Terra Quantum introduced its QMM-Enhanced Error Correction, a quantum gravity-inspired approach aimed at scalable, hardware-efficient error correction; Quantinuum made progress in compact ion trap scaling via microfabrication and semiconductor partnerships with Infineon; and Rigetti launched a 36-qubit system for public cloud access, reflecting incremental momentum in hardware availability. Matrix Product States were shown as superior for privacy-preserving synthetic data, while quantum-AI synergy sped up drug discovery efforts targeting KRas, though quantum advantage remains elusive (i.e NO, YOU CAN’T USE QUANTUM COMPUTERS TO CURE CANCER) (yet).