This week’s quantum explosion features Quantinuum’s Helios with 99.9% fidelities and IQM’s Halocene for error-corrected scaling. Funding surges past $200M for Classiq, while tantalum qubits triple coherence. From space quantum clocks to PQC firmware, it’s the round-up redefining tech.
What a blockbuster week for quantum tech—massive government funding renewals, two companies going public (or nearly), record-breaking hardware launches, and earnings reports that show the industry is finally turning hype into revenue. Here’s the complete rundown of the 14 biggest stories your Qubit Report Staff compiled
Honeywell announced a $600 million capital raise for Quantinuum at a $10 billion pre-money equity valuation, drawing in investors such as NVIDIA’s NVentures to propel quantum computing forward. This funding backs the Helios system launch, fault-tolerant computing, and global expansions. Explore Quantinuum’s history from its 2021 founding to recent developments like QIDO and Qatar partnerships.
The Quantum-Safe 360 Alliance assembles top specialists from Quantinuum, Keyfactor, Thales, and IBM Consulting to confront encryption vulnerabilities posed by quantum computers. This group drives the adoption of post-quantum cryptography by emphasizing cryptographic agility and offering practical frameworks for secure transitions. Organizations benefit from shared knowledge to protect sensitive data proactively.
JPMorgan Chase advances practical quantum computing by producing verifiable random numbers, strengthening financial encryption and transaction security. Collaboration with Quantinuum showcases scalable quantum solutions and positions JPMorgan at the forefront of quantum technology adoption in finance.
Quantum, cryptography, and AI experts converge in Qatar for a spirited three-day summit. Sessions deliver fresh encryption tactics, data protection strategies, and commercial opportunities across diverse sectors. Government and industry voices share vital insights on funding and workforce initiatives.
Quantinuum, Mitsui, and NEC successfully transmitted quantum tokens over a 10km fibre network. This trial demonstrates unforgeable financial instruments with rapid settlement. Quantum technology is reshaping the security landscape in finance.
AlphaBravo announced its key role as the Lead Integration Partner in developing Quantum Solace, a Quantum Protected Data Platform, in collaboration with Rancher Government Solutions (RGS), Mainsail, Fornetix, and Quantinuum.
Quantinuum President and COO Tony Uttley announced three major accomplishments during his keynote address at the IEEE Quantum Week event in Colorado last week.
Quantinuum researchers have hit a significant milestone by entangling logical qubits in a fault-tolerant circuit using real-time quantum error correction.
