IQM debuts on Nasdaq at $1.9B, hedges on quantum's future TL;DR - IQM went public via a RAAQ SPAC merger on July 2, 2026 at a roughly $1.9 billion valuation, raising about €198 million ($226 million) after costs. - The prospectus warned that large-scale commercial traction of quantum computing technology may never occur, and shares traded below the IPO price for most of the debut. - The Finnish firm grew customers from 8 in 2024 to 22 in 2025 and deployed equipment at Oak Ridge National Laboratory under the DOE. The line worth reading twice from IQM's Nasdaq debut is not the valuation. It is a sentence its own lawyers put in the prospectus: large-scale commercial traction of quantum computing technology may never occur. That is the company selling the stock telling you, in writing, that the thing it makes may never become a real market. According to TechCrunch, the Finnish quantum firm went public via a merger with the blank check company RAAQ at roughly a $1.9 billion valuation on July 2, 2026, making it Europe's first publicly traded quantum computer maker. The market's reaction was measured. TechCrunch describes shares as failing to pop and spending most of the day below the IPO price, a lukewarm welcome for a listing that raised approximately €198 million (about $226 million) after costs and that lands only months after IQM closed a $300 million Series B last September. CEO and co-founder Jan Goetz framed it as validation regardless. "It always feels good to be first and to be a pioneer, but ultimately it's about long-term success," he told the outlet, adding that "it's a big success raising very shortly after the Series B." Under the hood the business is small but growing. IQM had 22 customers as of 2025, up from 8
Jul 3, 2026 · via aiweekly.co
IQM Quantum Computers has become the first European quantum computing company to list on a major U.S. exchange, beginning trading on the Nasdaq Global Select Market under the ticker symbol “IQMX.” This expansion is backed by a EUR 337 million pro forma cash position, which will fuel the company’s growth as a publicly traded leader in full-stack superconducting quantum computing. IQM reports having sold 23 quantum computers worldwide, exceeding the sales of any other quantum manufacturer in the field. “Quantum computing is reaching an inflection point,” says Jan Goetz, CEO and Co-Founder of IQM Quantum Computers; this listing signifies a key milestone for the company and growing international investment in quantum technology. IQMX Listing Marks European Quantum Computing First on Nasdaq This milestone positions the Finnish-based firm for accelerated expansion within the rapidly evolving quantum computing sector, marking a pivotal moment as the first European company in the field to achieve this level of access to U.S. public markets. The listing is not merely a financial event, but signals growing international confidence in European quantum innovation and a shift toward commercial viability for the technology. IQM’s success extends beyond financial backing; the company reports having sold 23 quantum computers globally, surpassing all other quantum manufacturers in terms of units shipped. This achievement demonstrates demand for its full-stack, open-architecture systems designed for direct customer ownership and development. IQM has strategically focused on delivering complete quantum systems to a diverse clientele including enterprises, research institutions, and national laboratories, establishing itself as a key provider for demanding computational environments. Organizations around the world are moving from exploration to implementation, investing in quantum infrastructure and building the capabilities that will define the next generation of computing. The company’s technological approach centers on high-performance quantum processors, efficient control systems, and advanced system engineering, recently highlighted
Jul 3, 2026 · via quantumzeitgeist.com
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Jul 2, 2026 · via youtube.com
Utility-scale quantum hardware developer Qolab Inc. has announced the final closings of its $54.2 million USD Series B financing round. The capital pool consists of primary Series B Preferred Stock investments combined with the conversion of $12.6 million in convertible debt and an additional $10 million structured commitment for future convertible securities. The oversubscribed round was led by UC Investments (the University of California Office of the Chief Investment Officer), with active follow-on capital provided by prominent semiconductor and financial venture firms, including the Wisconsin Alumni Research Foundation (WARF), Octave Ventures, and Phoenix Venture Partners. The funding injection marks a major growth milestone for the Santa Barbara, California-based startup as it transitions its hardware roadmap from early laboratory proof-of-concepts toward high-yield, fault-tolerant production. Qolab focuses specifically on addressing the structural manufacturing bottlenecks of superconducting quantum computing. Rather than relying on boutique, isolated cleanroom processes, the company has established a fabrication-aware computational model that integrates standard silicon foundry methods to scale qubit arrays. This model leverages preceding capital alignments with major chipmaking ecosystem leaders, including Applied Materials’ Applied Ventures and Western Digital. The announcement was unveiled at the 75th Lindau Nobel Laureate Meeting, highlighting Qolab’s technical leadership under Co-Founder and Chief Technology Officer Dr. John Martinis, who was awarded the 2025 Nobel Prize in Physics for his pioneering discoveries in macroscopic quantum tunneling and energy quantization. The capitalization will directly expand Qolab’s active co-development partnerships across the University of California innovation ecosystem. The hardware firm collaborates closely with the Lawrence Berkeley National Laboratory through the Department of Energy-backed Quantum Systems Accelerator and works alongside algorithm design teams at UC Santa Barbara to run next-generation multi-qubit error correction routines. Under the commercial direction of Co-Founder and CEO Alan Ho, Qolab is applying its expanded liquidity to bypass the interconnect and packaging constraints
Jul 2, 2026 · via quantumcomputingreport.com
Introduction Quantum computers harness the laws of quantum physics to process information in fundamentally different ways than classical computers, enabling them to solve certain complex problems far faster than today's most powerful supercomputers.1 Noting its "transformational capabilities" and national security implications, on June 22, 2026, President Trump signed two executive orders addressing the quantum computing landscape. The first order, Executive Order (EO) No. 14412, Securing the Nation Against Advanced Cryptographic Attacks, directs a government-wide migration to post-quantum cryptography and extends compliance obligations to federal contractors.2 The second order, EO No. 14413, Ushering in the Next Frontier of Quantum Innovation, establishes initiatives and commits resources to developing and commercializing quantum technologies.3 Together, they prescribe defensive efforts to guard against future threats of quantum-based cyberattacks and encourage proactive measures in the public sector to establish the United States as a world leader in the field of quantum information science and technology (QIST). Defensive Measures vs. Proactive Efforts Executive Order No. 14412 The first order addresses defensive measures that must be taken to guard against the cybersecurity threat that is posed by quantum-computing technology. The first order highlights the "harvest now, decrypt later" risk – the risk that adversaries are collecting encrypted U.S. data today to decrypt once quantum computers reach sufficient scale. The order mandates the transition of federal systems to post-quantum cryptography (PQC), algorithms built to resist both quantum and classical attacks. Although aimed at agencies, its reach extends to contractors, critical infrastructure operators, and vendors. Key requirements include: - Strategic Coordination. The Office of Management and Budget (OMB) and the National Cyber Director lead nationwide PQC migration, with technical guidance from the National Institute of Standards and Technology (NIST) that may become benchmarks for the private sector. - Agency Migration Plans. Within 30 days, each agency must name a "PQC
Jul 2, 2026 · via bakerdonelson.com
The Federal Data Most at Risk: Defense, Intelligence and Long-Lived Citizen Records To understand what data is at risk, it’s helpful to know who’s looking to quantum-exploit federal data. First, “they’re going to be the adversaries who can get their hands on some of that encrypted data in the first place,” Smith says. “Second, they’ve got the means to store such large quantities of data for a long time.” This points to nation-state adversaries, who will be looking to exploit a range of federal data. “Most people tend to think the most valuable data at risk are related to defense, intelligence or citizen records,” Touhill says. And while that may be true, those organizations are also “among the most mature and proactive organizations in migrating to a post-quantum cryptography capability.” Other less well-funded departments and agencies may have a higher degree of risk, including those holding data “related to financial and economic information, regulatory deliberations, law enforcement, intellectual property, market trends, agriculture, strategic materials [and] citizen privacy,” he says. That puts virtually every federal agency in the crosshairs. GET IT RIGHT: Zero-trust architecture for security and governance. The Policy Landscape: NSM-10 and CISA’s Push Toward Post-Quantum Readiness There’s urgency around achieving quantum-resistant encryption. “We know what the worst-case scenario looks like and are in a race to reduce our national risk exposure,” Touhill says. “Now is the time to act with velocity and precision.” To that end, various federal entities have begun issuing guidance to steer agencies toward a safer place in the face of the HNDL threat. National Security Memorandum 10, or NSM-10, spelled out “a big, broad policy directive around building out a cryptographic inventory, regularly reporting on cryptographic posture, and starting to then do that migration on a prioritized basis, with a goal of achieving as much
Jul 1, 2026 · via fedtechmagazine.com
What does it actually mean for a battery to be fully charged? In the quantum world, the answer is less obvious than for an ordinary battery. Researchers from the University of Gdańsk have shown that in the smallest systems, it is not only the amount of usable energy that matters, but also the way it is internally organised. The study, published in PRX Energy, suggests that two quantum batteries containing the same amount of usable energy can behave differently depending on how that energy is stored. The findings could help improve the design of future quantum computers, sensors, communication networks and other devices operating at the atomic scale. Physicists and engineers are increasingly designing devices built from individual atoms, ions, photons or tiny superconducting circuits. At this scale, energy does not behave in the same way as it does in conventional batteries. Instead, it must be described using quantum mechanics. Future quantum technologies will need not only to process information, but also to absorb, store and transfer energy, while inevitably losing some of it to the environment. Understanding what it means to charge such systems, how long they can retain energy and how much of that energy can later be recovered is therefore becoming increasingly important. This is where the concept of a quantum battery comes in. A quantum battery is a microscopic system capable of storing energy and releasing it in a controlled way. It may consist of an atom, an ion, a system of light or a small superconducting circuit. For physicists, however, a quantum battery is primarily a model for studying energy storage at the smallest scales. Such systems possess properties that ordinary batteries do not. Under certain conditions, they can charge more quickly, exploit the collective behaviour of many quantum components or store energy in the
Jul 1, 2026 · via scienceinpoland.pl
The Laboratory for Physical Sciences (LPS) at the National Security Agency (NSA), in coordination with the U.S. Army Combat Capabilities Development Command (DEVCOM) Army Research Office (ARO), has announced the launch of the Quantum Ecosystem Advancement, Growth & Leadership (QuantumEAGLe) initiative. Formulated in response to the latest Presidential Quantum Executive Order, the defense program establishes an inter-agency framework to accelerate the domestic manufacturing base for quantum systems. The Army Contracting Command has formally published the QuantumEAGLe Special Notice on the federal procurement registry SAM.gov, signaling the deployment of flexible contracting authorities to directly align dual-use military and intelligence research vectors with commercial quantum industry roadmaps. ┌──► Supply Chain Advancement (Volume fabrication of specialized parts) ├──► Algorithmic Applications (Fault-tolerant QEC & quantum advantage codes) [ QuantumEAGLe ] ─┼──► Foundational Research (Qubit lifetime testing & physics-based simulation) ├──► Commercial Roadmaps (Cross-vendor industrial standardization) └──► Industry Engagement (Allied multi-tenant cooperative development) The joint defense initiative allocates resources across five critical operational thrusts designed to systematically eliminate systemic supply chain vulnerabilities. Under NSA Chief of Quantum Information Science Dr. Michael Metcalfe, near-term capital deployments prioritize Supply Chain Advancement to scale up the local manufacturing, quality control, and commercial availability of critical enabling hardware components—such as low-noise microwave control lines, cryogenic switches, and advanced optical isolators—reducing reliance on foreign electronics stacks. Concurrently, the Algorithmic Applications and Foundational Research pillars will fund collaborative university-industry consortia to design low-overhead quantum error correction (QEC) codes, engineer advanced materials to suppress environmental qubit phase decoherence, and build unified system characterization tools. By bridging the technical capabilities of the NSA and the DEVCOM Army Research Office, the program creates a direct tech-transfer pipeline between academic laboratories and the Defense Industrial Base. Led by LPS Chief Liji Samuel and ARO Acting Director Dr. Purush Iyer, the QuantumEAGLe structure ensures that early-stage
Jul 1, 2026 · via quantumcomputingreport.com
TU Wien has detected strong quantum entanglement for the first time in a centimeter-sized crystal of a strange metal. Many quantum effects are easiest to detect in very small systems, such as individual atoms, molecules or photons, that are carefully isolated from their surroundings. But physicists have long wondered whether much larger objects, made of enormous numbers of particles, can also reveal unmistakable signs of quantum behavior. Experimentalists at TU Wien have now shown that they can. The group studied a centimeter-sized crystal of a so-called strange metal and found evidence of a high level of quantum entanglement. The measurement was made possible by a precise tool from quantum information theory called quantum Fisher information. The result creates a new link between solid state physics and quantum physics. It shows that quantum entanglement can be directly measured in a large strange metal material. Cats or ants? The question of whether the strange predictions of quantum theory can apply to large, everyday scale objects goes back almost to the beginning of quantum mechanics. Erwin Schrödinger famously asked whether a cat could be dead and alive at the same time. Since then, many experiments have tried to deliberately produce quantum effects in increasingly large systems. “Our approach is different,” says Prof. Silke Bühler Paschen from the Institute of Solid State Physics at TU Wien. “We do not try to bring the crystal as a whole into a superposition of two states. Instead, we ask whether its constituents are – collectively – in such a state of entanglement.” The experiment is therefore closer to the behavior of an anthill than to Schrödinger’s cat. When an anthill is disturbed, the response does not come from one ant alone, but from the colony acting collectively. Quantum Fisher information: entanglement enhances sensitivity The theoretical foundation for
Jul 1, 2026 · via scitechdaily.com
NM economic development secretary offers lawmakers reassurances amid film industry slowdown New Mexico Economic Development Department Secretary Rob Black speaks before state lawmakers on the interim Economic and Rural Development and Policy Committee in Los Lunas on June 30, 2026. (Joshua Bowling/Source NM) Despite challenges like the film industry’s slowdown in New Mexico, the state’s economy is diversifying and growing, New Mexico Economic Development Department Secretary Rob Black told state lawmakers Tuesday. A recent study presented to state lawmakers in May found that many state tax incentives — particularly the Film Production Tax Credit — generate pennies on the dollar for every dollar the state invests. Productions have slowed, too. Recently, Netflix announced it was canceling “The Boroughs,” which filmed on locations across the state and supported hundreds of local vendors, just weeks after it premiered on the streaming service. On Tuesday, though, Black cited several successes for the state’s economy. While New Mexico’s median household incomes remain low compared to the rest of the nation, U.S. Census Bureau data from late last year showed that the state was first in the U.S. for family income growth, he said. Five years ago, Gov. Michelle Lujan Grisham signed legislation to expand the Local Economic Development Act by allowing a portion of state and local gross receipts tax on construction projects to go into a state Local Economic Development Act Fund. LEDA, as it’s known, has helped to create more than 7,000 jobs across the state and has generated $17 billion in economic output, according to Black’s presentation. Black said the state Economic Development Department has recently prioritized “shovel-ready” projects in virtually every corner of the state and that his department’s Technology and Innovation Office has specifically focused on investing in quantum technology, advanced energy and aerospace and defense industries. Despite the
Jul 1, 2026 · via sourcenm.com
In a laboratory in Broomfield, Colorado, 98 atoms are suspended in mid-air, held in place by electric fields and cooled to temperatures close to absolute zero. Each atom is far smaller than anything the naked eye could ever see, yet each carries information in a form that has no counterpart in classical physics. Together, they form Helios, a new quantum computer built by the British-American company Quantinuum. Quantum computers use the power of quantum mechanics, the rules that govern how physics operates at atomic and sub-atomic scales. Those that use Helios’ model of suspended atoms are known as trapped-ion. On supporting science journalism If you're enjoying this article, consider supporting our award-winning journalism by subscribing. By purchasing a subscription you are helping to ensure the future of impactful stories about the discoveries and ideas shaping our world today. A paper published in Nature describes it as a 98-qubit processor with very high accuracy and performance that pushes beyond what can easily be simulated on classical machines. That sounds impressive, but the important question is not simply whether this is a bigger quantum computer (the previous biggest, System Model H2, had 56 qubits). It is whether it is a better one. Quantum computers are not just faster versions of ordinary computers. The qubits (quantum bits) that they use to process information can exist in quantum states that do not behave like the ones and zeroes of conventional digital technology. This allows some calculations to be arranged in ways that may eventually outperform even the largest supercomputers. The possible applications are fascinating: new materials, better optimisation methods, improved chemistry simulations and new approaches to cryptography. The difficulty is that qubits are extremely fragile. They are disturbed by temperature variations, imperfect control, unwanted interactions with the environment and, in some systems, even the
Jul 1, 2026 · via scientificamerican.com
AP Photo/Andrew Harnik New bill would extend military survivor benefit decision deadline Federal Newscast Read more
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Graphic By: Derace Lauderdale/FNN Lawsuit charges Schedule Policy/Career violates Civil Service Reform Act Federal Newscast Read more
Jul 1, 2026 · via federalnewsnetwork.com
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Jul 1, 2026 · via youtube.com
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Jul 1, 2026 · via youtube.com
Quantum computers have arrived on the heels of the artificial intelligence (AI) frenzy, and the timing couldn't be better. After governments around the world invested in AI, they are now doing the same with quantum technologies. These machines represent a technological breakthrough, potent in their ability to apply quantum mechanics to perform calculations in minutes that would take today's supercomputers centuries. However, they remain unproven on a large commercial scale, inviting parallels to the emerging personal computing era of the 1980s. Investors who bought Microsoft stock at its initial public offering (IPO) price of $21 back in 1986 have enjoyed robust gains. Its shares rose over 100-fold in the decade after its IPO. The Microsoft of the quantum computing era could be Horizon Quantum (HQ +18.13%). The company develops software for quantum computers and went public this year. Horizon's goal is to be the software system of choice in the quantum computing era. If it succeeds, the company can serve a role similar to Microsoft's Windows operating system in the 1980s, which continues to dominate the PC market to this day. Here's a deeper dive into Horizon Quantum and whether it makes sense to buy shares at this early stage in its business. Horizon Quantum's competitive differentiation Horizon's focus on quantum computing software is a key distinction. Many companies in the sector are working on hardware, leaving a market gap that Horizon hopes to fill. As the only public enterprise dedicated to software for the industry, Horizon's strength lies in its first-mover advantage. At the heart of its offerings is the Triple Alpha platform, designed to enable any software developer to use quantum computers, even without experience with the technology. Triple Alpha is meant to work with any type of quantum computer. This is significant because businesses in the space
Jun 30, 2026 · via fool.com
On 22 June, President Donald Trump signed two executive orders focused on quantum computing: The first aims to accelerate the development of quantum computers, sensors, and networks. The other seeks to accelerate the timeline for migrating critical infrastructure to cryptographic schemes that are immune to quantum attacks. In response, the U.S. Department of Energy (DOE) has committed to deploy “the world’s first fault-tolerant, scientifically relevant quantum computer” by the ambitious deadline of 2028. “It feels like everything is happening all at once, which is great,” says Pranav Gokhale, chief technology officer and co-founder of quantum company Infleqtion. “I think this executive order is in many ways a continuation of what’s been going on since 2018, when the first National Quantum Initiative Act was passed,” says Elizabeth Goldschmidt, associate professor of physics at the University of Illinois Urbana-Champagne (UIUC). “It revives and continues a lot of things that have happened since. I think it’s very ambitious, but there’s a lot of very good stuff in here.” IEEE Spectrum spoke to experts about these policy initiatives and how they reflect and shape the United States’ quantum capabilities for the next few years. How realistic is the 2028 deadline for a fault-tolerant quantum computer? Here, the devil is in the details. A fault-tolerant quantum computer is one that can correct mistakes that happen naturally, and inevitably, during computations. Fault tolerance is achieved through quantum error correction, a way to make fragile quantum bits (qubits) robust against noise. This is generally done by encoding a single bit of quantum information into a collection of physical qubits, called a logical qubit. For a quantum computer to be useful, it would need to be able to do operations on many such logical qubits, and actively correct errors in the process. The DOE is aiming for quantum
Jun 30, 2026 · via spectrum.ieee.org
A new machine learning pipeline at Shahid Beheshti University, in collaboration with AriaQuanta Quantum Co and Shahid Sattari University of Aeronautical Sciences and Technology, accelerates the creation of Gottesman-Kitaev-Preskill (GKP) states, key resources for strong photonic quantum computing. Mohammad Amin Khanpour and Hossein Davoodi Yeganeh, alongside colleagues, present a two-stage surrogate model that accurately predicts the performance of Gaussian Boson Sampling circuits for GKP state generation, bypassing computationally expensive hafnian calculations. Achieving 90.0% GKP-detection accuracy and a 23.7 percentage-point improvement over existing methods, the approach sharply reduces the simulation burden by approximately 90%, representing a substantial step towards practical, all-photonic quantum computation. Machine learning pipeline unlocks high-fidelity GKP states for scalable quantum computation GKP-detection accuracy now reaches 90.0%, a 23.7 percentage-point leap beyond previous methods. This enables the creation of high-fidelity Gottesman-Kitaev-Preskill (GKP) states, essential for strong photonic quantum computing, which were previously unattainable due to computational limitations. Reaching this level of accuracy crosses a key threshold for error correction, as GKP states require a fidelity of at least 0.90 to meaningfully protect against logical errors in quantum calculations. A new machine learning pipeline sharply reduces the computational burden of simulating Gaussian Boson Sampling (GBS) circuits, a technique for generating these non-Gaussian states, by approximately 90%. Previously, evaluating a single circuit configuration could take five minutes on a workstation. At 90.0%, accuracy in detecting Gottesman-Kitaev-Preskill (GKP) states represents a 23.7 percentage-point increase over previous techniques. These states are important for building stable photonic quantum computers, enabling more reliable encoding of quantum information and protection against errors. The improvement was realised through a new machine learning pipeline that predicts optimal circuit configurations for Gaussian Boson Sampling (GBS), a method of generating these complex states using light. GBS utilises squeezed-state sources, linear interferometers and photon-number-resolving detectors. The pipeline reduces the computational time
Jun 30, 2026 · via quantumzeitgeist.com
Alert 02.12.26 Alert 06.30.26 On June 22, 2026, the White House issued two executive orders (EOs) focused on advancing quantum information science and technology (QIST) and preparing for post-quantum cryptography challenges. The new EOsâtitled âUshering in the Next Frontier of Quantum Innovationâ (Quantum Innovation EO) and âSecuring the Nation Against Advanced Cryptographic Attacksâ (Cryptography EO) âestablish a whole-of-government approach to strengthening the U.S. quantum science and manufacturing ecosystem while protecting U.S. national security interests as quantum technologies mature. The orders solidify the Trump administrationâs quantum policy priorities and build on President Trumpâs previous quantum-focused actions, including his signing of the National Quantum Initiative Act in 2018. Both EOs direct extensive interagency coordination among national security and innovation-focused agencies. The Quantum Innovation EO As discussed in our prior alert, the Quantum Innovation EO identifies QIST dominance as a priority of the Trump administration. The Quantum Innovation EO outlines various actions to accelerate and mature the domestic QIST ecosystem in conjunction with allies and partner countries. This includes publishing an updated National Quantum Strategy within 180 days, led by Assistant to the President for Science and Technology (APST), which would emphasize commercialization, deployment, quantum-enabling technologies and partnerships with U.S. industry. Additional key provisions include the following: Establishing the Quantum Computer for Application Development and Discovery Science Effort (QC-ADDS) The APST is responsible for coordinating interagency efforts to develop at least one quantum computer capable of initiating quantum-enabled scientific discovery, delivered to a Department of Energy (DOE) facility and made available to the broader scientific community. DOE must publicly release technical specifications and explore private-sector partnership models. Quantum Sensing and Networking The Department of Commerce (DOC), DOE, National Science Foundation (NSF) and NASA must each develop five-year plans for quantum sensing and networking applications and hardware. Domestic Ecosystem and Supply Chains The DOC
Jun 30, 2026 · via pillsburylaw.com
On June 22, 2026, President Trump signed two Executive Orders on quantum technology, representing the most significant federal action on quantum technology in years. Together they present a two-prong federal strategy: (i) accelerate the development of quantum computing in both government and the private sector; and (ii) hardening U.S. systems against the security threats the technology presents. What is quantum computing? A quantum computer is different than a classical computer. Whereas classical computers store and process data as binary “bits” (each one representing either a one or a zero), quantum computers use “qubits” that can represent both a 0 and 1 simultaneously (known as superposition). This allows quantum computers to make calculations that would be difficult or impossible on a classical computer. This also means that when sufficiently powerful quantum computers arrive, they will be capable of breaking the encryption standards that currently protect virtually every sensitive digital transaction, communication, and data storage that businesses rely on. To learn more about where quantum technology is heading, follow our Beyond The Binary Series. What do the two EO’s do? The first EO establishes a national framework for the development of the first-ever quantum computer. It directs the Secretaries of Commerce, Energy, and Defense to develop plans to deploy quantum-enabled sensors and networks within five years, updates the National Quantum Strategy, calls for expanding domestic supply chains and manufacturing for quantum computers, and calls for building a quantum workforce through to be created National Quantum Workforce Development Institutes. The EO also directs federal agencies to identify deregulatory opportunities to remove market hurdles for commercial quantum deployment. The second EO focuses on the urgent need for the government and industry to migrate to post-quantum cryptography (PQC). PQC refers to a new generation of encryption algorithms designed to withstand attacks from both classical and
Jun 30, 2026 · via natlawreview.com
Yale University is leading an initiative to advance fault-tolerant quantum computing, supported by a $1,566,250 grant from the National Science Foundation’s National Quantum Virtual Laboratory program. D-Wave Quantum Inc. will contribute its superconducting dual-rail gate-model quantum computing resources to the ERASE project, collaborating with researchers from multiple academic institutions and industry organizations. This funding demonstrates the NSF’s commitment to scalable quantum technologies and builds on existing U.S. government support for D-Wave’s innovations. “NSF’s continued support for the ERASE project highlights the national importance of accelerating progress toward scalable, fault-tolerant quantum computing,” said Dr. Alan Baratz, CEO of D-Wave, emphasizing the project’s role in strengthening U.S. leadership in the field. NSF Grant Supports ERASE Project for Fault-Tolerant Computing D-Wave Quantum Inc. will contribute its dual-rail gate-model quantum computing technology to the initiative, providing researchers with a platform for exploring fault tolerance strategies. This funding, awarded through the NQVL program, specifically supports access to D-Wave’s superconducting gate-model resources via its subsidiary, Quantum Circuits, LLC, located in New Haven, Connecticut. This second phase of NQVL funding demonstrates sustained confidence in the project’s approach to achieving scalable, fault-tolerant systems. Researchers will utilize selected development interfaces and APIs to test novel software, compiler designs, and error-correction methods on D-Wave’s hardware, accelerating the development of technologies needed to scale gate-model quantum computing beyond current limitations. The project extends beyond technological advancement, prioritizing workforce development through collaborations with academic and industrial partners to cultivate a skilled quantum talent pipeline. D-Wave’s Dual-Rail Technology Enables Gate-Model Quantum Access This funding, awarded through the NQVL program, provides researchers with access to D-Wave’s unique dual-rail gate-model technology, differentiating it from competitors focused on a single quantum approach. Led by Yale University, the ERASE project unites academic and industry partners to tackle the challenges of building fault-tolerant quantum computers, and D-Wave’s New-Haven
Jun 30, 2026 · via quantumzeitgeist.com