SAXON Q Reports That Room-Temperature Quantum Computers Can Rival the Performance of Superconducting Processors
Insider Brief SAXON Q reported that its room-temperature diamond quantum computer achieved 77.3% success in a three-qubit Grover search, close to the cited superconducting benchmark of 78%. The system achieved 87% success when searching for two targets among eight items, with both tests exceeding the classical success limits cited in the paper. Researchers conducted the […]
EigenOrbit Releases Open-Source eigenkit Quantum Computing Library
Insider Brief EigenOrbit has released eigenkit 1.0, a free, open-source Python library designed to run quantum algorithms across multiple simulators and quantum hardware platforms without rewriting the algorithm for each backend. The library supports tools including Qiskit, PennyLane, NVIDIA CUDA-Q and Amazon Braket, alongside hardware from IBM and IQM, and includes algorithms for quantum machine […]
IonQ Announces Pricing of $2.0 Billion Equity Offering
Insider Brief IonQ priced a $2 billion equity offering comprising 20.5 million common shares at $40 each, pre-funded warrants for 29.5 million shares at $40 each, and seven-year warrants for 100 million additional shares. The offering will be purchased by an entity managed by Heights Capital Management, with J.P. Morgan serving as the sole underwriter. […]
INmune Bio and QCi Apply Quantum Optimization to XPro Research
Insider Brief INmune Bio and Quantum Computing Inc. are collaborating to use quantum optimization, AI and biomedical data analytics to identify potential new applications for INmune Bio’s investigational treatment XPro. The companies plan to analyze clinical and preclinical data alongside public biomedical datasets using QCi’s Dirac-3S optimization machine to identify disease indications and patient populations […]
Coinbase Urges Early Work on Bitcoin’s Post-Quantum Transition
Insider Brief Coinbase urged early preparation for Bitcoin’s transition to quantum-resistant security, citing the years needed to update network rules and migrate funds. The company called for evaluating signature systems that balance security, transaction costs, wallet usability and institutional custody requirements. Coinbase said debates over dormant or inaccessible coins should proceed alongside technical work so […]
Quantum Firms Backed to Keep UK Railways Running And Cut Waiting Lists
Insider Brief The UK government announced £78 million to support businesses developing quantum sensing, navigation and communication technologies and expand workforce training. A £50 million competition will support projects including a railway fault monitoring system, handheld eye scanner and a mobile radio system. UKRI is investing £20 million in quantum networking capabilities and £8 million […]
WISeSat.Space Develops Post-Quantum Security for Satellite Communications
Insider Brief WISeSat.Space is developing a satellite communications and IoT security architecture that integrates post-quantum cryptography (PQC), digital identity, and cryptographic key management across connected devices, ground infrastructure, and future satellite platforms. The company plans to draw on SEALSQ’s QS7001 and QVault TPM platforms, which support NIST-standardized algorithms ML-KEM and ML-DSA, as it develops its […]
SEALSQ Unveils VaultIC409 Secure Element for Post-Quantum Cryptography
Insider Brief SEALSQ has unveiled VaultIC409, a secure element built on its QS7001 platform to support post-quantum cryptography in connected devices without requiring customers to redesign their existing hardware security architecture. VaultIC409 is designed to support ML-KEM (FIPS 203), ML-DSA (FIPS 204), RSA and ECC, with a hardware Root of Trust, dedicated cryptographic acceleration and […]
In Step Toward Quantum Networking, Penn Study Finds Quantum Light Pattern Can Survive Loss of Entanglement
Insider Brief Penn-led researchers used a photonic chip to transfer a winding pattern from one photon to a shared two-photon state, preserving the pattern under noise even after entanglement disappeared. The winding pattern remained stable as the quantum state deteriorated, supported by other quantum correlations, but broke down under sufficiently strong noise. The findings could […]
IonQ Agrees to Buy Elisity in Cybersecurity Deal Worth Up to $1.3 Billion
Insider Brief IonQ has agreed to acquire cybersecurity company Elisity in an all-stock deal worth up to $1.3 billion, according to The Wall Street Journal. Elisity provides software designed to prevent attackers and ransomware from spreading through organizational networks, with customers including health care companies and hospitals. IonQ CEO Niccolo de Masi said the acquisition […]