quantumcomputingreport

Quantinuum and Mitsubishi Electric Corporation have signed a non-binding Memorandum of Understanding (MOU) to build a joint development framework for advanced industrial engineering and manufacturing design. The partnership aims to combine Quantinuum’s high-fidelity trapped-ion hardware platforms with Mitsubishi Electric’s extensive industrial simulation libraries. The strate...

Hardware developer Oxford Quantum Circuits (OQC), financial services provider JPMorganChase, and semiconductor designer AMD have launched a joint research collaboration focused on the integration of quantum systems with classical high-performance computing (HPC) nodes. The project utilizes a newly constructed, specialized Quantum-AI Data Center established by OQC in London. D...

Quantinuum completed its IPO today raising approximately $1.68 billion at an increased offering price of $60 and an increased number of shares totaling 2.8 million. These levels indicate a total market value for the company exceeding $15 billion. For more information, view a press release from the company announcing the upsized initial public offering here [...]

The po...

Permanent capital firm Serendipity Capital has led the seed fundraising round for QuantX Labs, an Adelaide-based company specializing in precision quantum sensing and timekeeping. Serendipity Capital allocated US$5 million ($A7 million) into the equity tranche, marking the first external institutional financing secured by the hardware developer. The capital deployment is desi...

Grenoble-based hardware venture Quobly has finalized a €115 million ($133.5 million USD) Series A financing round to transition its silicon-based quantum computing architecture from technology validation into active industrial execution. The capital expansion was co-led by Bpifrance (investing via the Deep Tech 2030 fund under the France 2030 initiative), post-quantum cyberse...