D-Wave Reports Bookings Surge as Quarterly Revenue Holds Steady
Insider Brief D-Wave reported essentially flat second-quarter revenue while bookings and contracted future revenue grew sharply. First-half bookings increased 1,120% year over year to $35.5 million, while remaining performance obligations rose 668% to $40.7 million, supported in part by a $20 million quantum computing system sale that will be recognized in future revenue. The company […]
IonQ Raises 2026 Revenue Outlook After Record Quarter Fueled by Commercial Growth, SkyWater Acquisition
Insider Brief IonQ reported record second-quarter revenue of $80.1 million, up 287% year over year, and raised its full-year 2026 revenue guidance to $280 million to $290 million while reaffirming expectations for 100% organic revenue growth. The company completed its acquisition of SkyWater Technology, ended the quarter with $3.0 billion in cash, cash equivalents and […]
D-Wave Publishes Research on Dual-Rail Qubit Gate for Quantum Error Correction
Insider Brief D-Wave has published research in Nature demonstrating a two-qubit entangling gate for its dual-rail erasure qubit architecture aimed at improving quantum error correction efficiency. The company reported approximately 99.9% fidelity for two-qubit operations with gate times of about 500 nanoseconds while maintaining native hardware-level error detection. The research supports D-Wave’s gate-model roadmap focused […]
Researchers Say New Quantum Encryption Method Can’t Be Copied
Insider Brief Researchers reported an efficient quantum encryption scheme that uses the no-cloning principle to prevent encrypted messages from being successfully copied, addressing a longstanding challenge in quantum cryptography. The proposed one-time protocol uses classical keys, single-qubit Clifford gates for encryption and local Pauli measurements for decryption while achieving information-theoretic security with an exponentially small […]
Qarakal Quantum Unveils Pangaea Architecture for Modular Quantum Computing
Insider Brief Qarakal Quantum has introduced its Pangaea architecture, a modular quantum computing design based on quantum bus technology aimed at improving scalability and fault-tolerant system development. The company states that the architecture can reduce required qubit counts and infrastructure needs by using specialised modules connected through a quantum interconnect system. Pangaea is designed to […]
Quantum X-Labs Advances Quantum Computing for Nuclear Particle Transport Prediction
Insider Brief Quantum X Labs’ subsidiary Nuclear Quantum has developed a quantum computing approach for representing particle propagation and random-walk dynamics in nuclear-medicine simulations. The project aims to encode gamma-photon histories within a quantum computational framework and establish a foundation for future Grover-inspired quantum algorithm integration. Quantum X Labs plans to further develop quantum simulation […]
enQase and Light Rider Collaborate on Quantum-Safe Communication Infrastructure
Insider Brief enQase and Light Rider have announced a technology partnership focused on integrating quantum-safe security, cryptographic agility, and quantum communication capabilities. The companies will evaluate joint reference architectures combining enQase’s crypto-agile security platform with Light Rider’s quantum entropy, secure communications, and quantum infrastructure technologies. The collaboration will focus on technical validation, interoperability testing, customer […]
Quantum Corridor, Ciena and Toshiba Test 1.6 Tb/s Quantum-Safe Network Encryption
Insider Brief Quantum Corridor, Ciena, and Toshiba completed a trial of 1.6 Tb/s quantum-safe networking on a live commercial network using PQC and QKD technologies. The trial validated Ciena’s WaveLogic 6 Extreme optical encryption with Toshiba’s QKD technology across a production network connecting data centers in Chicago and Hammond, Indiana. The companies demonstrated a hybrid […]
Horizon Quantum Reports Second Quarter 2026 Financial Results
Insider Brief Horizon Quantum Holdings reported Q2 2026 financial results, highlighting the release of its Beryllium quantum programming language, Ember-1 testbed access, and a cash balance of $113.3 million. The company reported Q2 2026 operating expenses of $7.2 million, an operating loss of $7.2 million, and a net loss of $115.2 million, including a $108.3 […]
IQM Confirms 2026 Outlook After Public Listing, Citing More Than €102 Million in Orders
Insider Brief IQM reaffirmed its 2026 financial outlook after reporting first-half results, highlighting an order backlog that exceeded €102 million following its recent Nasdaq listing despite continued operating losses. The company reported first-half revenue of €8.9 million, an operating loss of €60.5 million and a cash balance of €309.4 million following proceeds from its public […]