Funding Growth: SemiQon and Quantum Emotion secure multi-million rounds, targeting cryogenic-compatible CMOS and quantum random number generators.
Hardware Updates: Microsoft debuts the Majorana 1 chip, while Eeroq refines microwave resonators for scalable processors.
Security Measures: Google, Telefonica, and Nokia take steps toward quantum-safe digital signatures and wireless network protection.
Welcome to this week's Wednesday Quantum News Summary, featuring recent financial investments, hardware developments, and cybersecurity moves in the quantum sector.
Major Investments & Industry Growth
Quantum chip startup SemiQon has raised €17.5 million (~$18.3 million) to advance cryogenic-compatible CMOS quantum technology, aiming to scale production and improve quantum computing efficiency.
Quantum Emotion announced a $6 million funding round to boost its quantum random number generators, which are essential for post-quantum encryption. In other finance news, Visionary Holdings is strengthening its presence in financial technology, reinforcing an industry-leading position.
Quantum Hardware & Research Updates
Microsoft has introduced its Majorana 1 chip, designed to improve qubit stability using unusual particle states, potentially accelerating fault-tolerant system design. Meanwhile, hardware company Eeroq is refining microwave resonators for next-generation processors.
D-Wave reached a deal with Forschungszentrum Jülich, marking the first high-performance computing center to own a D-Wave Advantage™ system for real-world workloads.
Quantum Security & Post-Quantum Cryptography
Google added quantum-safe digital signatures to its Cloud KMS, helping reduce future decryption risks. In enterprise networking, Telefonica and Nokia are working together to incorporate quantum-safe security into wireless networks for next-generation systems.
SealsQ is hosting a Nasdaq Quantum Day to discuss how quantum technology may shape U.S. leadership and sovereignty.
Financial & Market Updates
Rigetti Computing will soon report earnings, offering insights into its commercial standing on March 5, 2025. Likewise, IonQ plans to release financial data on February 26, 2025, revealing its progress in the quantum sector.
That concludes this Wednesday Quantum News Summary. Check back next week for more on emerging technology, industrial developments, and key investments in the quantum space.
