Quantum information science

ColdQuanta Appoints Sandi Mays and Corban Tilleman-Dick as Business Advisors

Retrieved on: 
Thursday, June 3, 2021

Boulder, CO, June 03, 2021 (GLOBE NEWSWIRE) -- ColdQuanta , the leader in Cold Atom Quantum Technology, today announced that it has appointed Sandi Mays and Corban Tillemann-Dick as Business Advisors.

Key Points: 
  • Boulder, CO, June 03, 2021 (GLOBE NEWSWIRE) -- ColdQuanta , the leader in Cold Atom Quantum Technology, today announced that it has appointed Sandi Mays and Corban Tillemann-Dick as Business Advisors.
  • ColdQuanta has established an early leadership position in the market and is poised to propel quantum technology into the future with its Cold Atom Method, said Sandi Mays.
  • Mays and Tillemann-Dick join ColdQuanta as Business Advisors amid the companys recent and ongoing growth.
  • The name ColdQuanta and the ColdQuanta logo are both registered trademarks of ColdQuanta, Inc.

Quantum Computing Market Revenue Worth $1,866.8 Million by 2030, says P&S Intelligence

Retrieved on: 
Monday, May 31, 2021

NEW YORK, May 31, 2021 /PRNewswire/ -- According to the market research report published by P&S Intelligence, global market for quantum computing to cross $1,866.8 million revenue by 2030, growing at a CAGR of 33.1% during 2020 and 2030.

Key Points: 
  • NEW YORK, May 31, 2021 /PRNewswire/ -- According to the market research report published by P&S Intelligence, global market for quantum computing to cross $1,866.8 million revenue by 2030, growing at a CAGR of 33.1% during 2020 and 2030.
  • Hence, quantum computers are exceedingly difficult to engineer, build, and program, owing to high-physical restraints whilst development of technology.
  • Besides, access to the quantum processor via cloud opens the market for new participants, encouraging the development of the quantum computing ecosystem.
  • P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world.

Quantum Computing Market Revenue Worth $1,866.8 Million by 2030, says P&S Intelligence

Retrieved on: 
Monday, May 31, 2021

NEW YORK, May 31, 2021 /PRNewswire/ -- According to the market research report published by P&S Intelligence, global market for quantum computing to cross $1,866.8 million revenue by 2030, growing at a CAGR of 33.1% during 2020 and 2030.

Key Points: 
  • NEW YORK, May 31, 2021 /PRNewswire/ -- According to the market research report published by P&S Intelligence, global market for quantum computing to cross $1,866.8 million revenue by 2030, growing at a CAGR of 33.1% during 2020 and 2030.
  • Hence, quantum computers are exceedingly difficult to engineer, build, and program, owing to high-physical restraints whilst development of technology.
  • Besides, access to the quantum processor via cloud opens the market for new participants, encouraging the development of the quantum computing ecosystem.
  • P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world.

Quantum to Participate at the Craig-Hallum Institutional Investor Conference on June 2

Retrieved on: 
Friday, May 28, 2021

Portfolio managers and analysts who would like to request a meeting with management should contact their Craig-Hallum representative.

Key Points: 
  • Portfolio managers and analysts who would like to request a meeting with management should contact their Craig-Hallum representative.
  • Quantum technology and services help customers capture, create and share digital content and preserve and protect it for decades.
  • That's why the world's leading entertainment companies, sports franchises, researchers, government agencies, enterprises, and cloud providers are making the world happier, safer, and smarter on Quantum.
  • Quantum and the Quantum logo are registered trademarks of Quantum Corporation and its affiliates inthe United Statesand/or other countries.

Cambridge Quantum Develops Algorithm to Accelerate Monte Carlo Integration on Quantum Computers

Retrieved on: 
Thursday, May 27, 2021

CAMBRIDGE, United Kingdom, May 27, 2021 /PRNewswire/ --Cambridge Quantum Computing ( CQC ) today announced the discovery of a new algorithm that accelerates quantum Monte Carlo integration - shortening the time to quantum advantage and confirming the critical importance of quantum computing to the finance industry in particular.

Key Points: 
  • CAMBRIDGE, United Kingdom, May 27, 2021 /PRNewswire/ --Cambridge Quantum Computing ( CQC ) today announced the discovery of a new algorithm that accelerates quantum Monte Carlo integration - shortening the time to quantum advantage and confirming the critical importance of quantum computing to the finance industry in particular.
  • It is a critical aspect of the computational machinery underpinning the modern world.
  • CQC have solved the problem with an algorithm detailed in a released pre-print of a paper by Senior Research Scientist, Steven Herbert, showing how historic challenges are eliminated, and the full quadratic quantum advantage is obtained.
  • Founded in 2014 and backed by some of the world's leading quantum computing companies, CQC is a global leader in quantum software and quantum algorithms, enabling clients to achieve the most out of rapidly evolving quantum computing hardware.

Cambridge Quantum Develops Algorithm to Accelerate Monte Carlo Integration on Quantum Computers

Retrieved on: 
Thursday, May 27, 2021

CAMBRIDGE, United Kingdom, May 27, 2021 /PRNewswire/ --Cambridge Quantum Computing ( CQC ) today announced the discovery of a new algorithm that accelerates quantum Monte Carlo integration - shortening the time to quantum advantage and confirming the critical importance of quantum computing to the finance industry in particular.

Key Points: 
  • CAMBRIDGE, United Kingdom, May 27, 2021 /PRNewswire/ --Cambridge Quantum Computing ( CQC ) today announced the discovery of a new algorithm that accelerates quantum Monte Carlo integration - shortening the time to quantum advantage and confirming the critical importance of quantum computing to the finance industry in particular.
  • It is a critical aspect of the computational machinery underpinning the modern world.
  • CQC have solved the problem with an algorithm detailed in a released pre-print of a paper by Senior Research Scientist, Steven Herbert, showing how historic challenges are eliminated, and the full quadratic quantum advantage is obtained.
  • Founded in 2014 and backed by some of the world's leading quantum computing companies, CQC is a global leader in quantum software and quantum algorithms, enabling clients to achieve the most out of rapidly evolving quantum computing hardware.

ColdQuanta Joins The IBM Quantum Network, Bringing Cold Atom Quantum Technology to Growing Ecosystem

Retrieved on: 
Wednesday, May 26, 2021

Boulder, Colorado, May 26, 2021 (GLOBE NEWSWIRE) -- ColdQuanta ,the leader in Cold Atom Quantum Technology, today announced it has joined the I BM Quantum Network .

Key Points: 
  • Boulder, Colorado, May 26, 2021 (GLOBE NEWSWIRE) -- ColdQuanta ,the leader in Cold Atom Quantum Technology, today announced it has joined the I BM Quantum Network .
  • ColdQuanta is at the forefront of the rapidly growing quantum industry, providing Cold Atom Quantum Technology for abroad set of quantum solutions across computing, sensing and networking.
  • For more information about ColdQuantas Cold Atom Quantum Technology, please watch The Atomic Approach to Quantum Computing webinar.
  • ColdQuanta is the leader in Cold Atom Quantum Technology, the most scalable, versatile, and commercially viable area of quantum.

Xanadu closes $100M USD Series B to build a fault-tolerant photonic quantum computer

Retrieved on: 
Tuesday, May 25, 2021

TORONTO, May 25, 2021 /PRNewswire/ - Xanadu ( https://xanadu.ai ),the world leader in photonic quantum computing, has announced it has raised $100M USD in Series B financing.

Key Points: 
  • TORONTO, May 25, 2021 /PRNewswire/ - Xanadu ( https://xanadu.ai ),the world leader in photonic quantum computing, has announced it has raised $100M USD in Series B financing.
  • Xanadu was founded in 2016 to use particles of light for quantum computing to perform extremely fast and previously impossible computations at room temperature.
  • Over the last few years, Xanadu has consistently doubled its qubit count and made their quantum computers available over the Xanadu Cloud, which is the world's first photonic quantum cloud platform.
  • anadu is a Canadian quantum technology company with the mission to build quantum computers that are useful and available to people everywhere.

Quantum Xchange Completes Integration with Cisco to Enable Quantum-Safe Networking Equipment with No Key Delivery Limitations

Retrieved on: 
Tuesday, May 25, 2021

BETHESDA, Md., May 25, 2021 /PRNewswire/ -- Quantum Xchange, a leader in quantum-safe products and services for crypto agility and quantum readiness, today announced that its key distribution system, Phio Trusted Xchange (TX), has successfully met integration requirements of the Cisco Secure Key Integration Protocol ( SKIP ).

Key Points: 
  • BETHESDA, Md., May 25, 2021 /PRNewswire/ -- Quantum Xchange, a leader in quantum-safe products and services for crypto agility and quantum readiness, today announced that its key distribution system, Phio Trusted Xchange (TX), has successfully met integration requirements of the Cisco Secure Key Integration Protocol ( SKIP ).
  • Any Cisco enterprise router that supports SKIP can now use quantum-safe keys from Phio TX to protect their network traffic.
  • Phio TX by Quantum Xchange is the first key distribution system to support quantum keys from any source (PQC, QKD, QRNG, or a combination) and is the only key exchange uniquely capable of making classical keys quantum safe.
  • Quantum Xchange gives commercial enterprises and government agencies the ultimate solution for protecting data in motion today and in the quantum future.

ID Quantique unveils its 4th generation of Quantum Key Distribution (QKD): the Cerberis XG, the ultimate in quantum-safe security

Retrieved on: 
Friday, May 21, 2021

b'GENEVA, May 21, 2021 /PRNewswire/ -- Safety of current encryption methods, and especially of the key exchange mechanisms based on asymmetric cryptography, is a major concern today particularly for governments and enterprises which must protect data for five to ten years or more.

Key Points: 
  • b'GENEVA, May 21, 2021 /PRNewswire/ -- Safety of current encryption methods, and especially of the key exchange mechanisms based on asymmetric cryptography, is a major concern today particularly for governments and enterprises which must protect data for five to ten years or more.
  • Possible back-doors in current systems combined with massive computing power already put high-value sensitive data at risk of being decrypted by malevolent actors.
  • Moreover, the arrival of quantum computers is imminent and will render asymmetric key exchanges unsafe: encrypted data can be stored now and easily decrypted later.\nAs a leading security solution provider and since 2007, IDQ has commercialized Quantum Key Distribution (QKD) systems that generate and distribute provably secure keys, to safely encrypt data.
  • In contrast to conventional key distribution algorithms, QKD is the only known cryptographic technique which offers forward security, resilient to new attack algorithms and upcoming quantum computers.