Taronga Ventures’ Post

Founded in 2016, PsiQuantum is on an ambitious journey to revolutionize quantum computing by scaling up to one million qubits, far beyond current capabilities. Their goal? To unlock transformative possibilities across industries like pharmaceuticals, materials science, and energy. Co-founder Pete Shadbolt emphasized PsiQuantum's unique approach, leveraging commercial semiconductor foundries to manufacture quantum chips, paving the way for large-scale, photonic-based quantum systems. Backed by $700 million in private funding and an additional $600 million from the Australian government, the company is aiming to deliver a one-million-qubit quantum computer by 2027, setting the stage for the next wave of quantum innovation. https://lnkd.in/eEYuzF-S #QuantumComputing #QuantumLeap #PsiQuantum #Photonics

Quantum computing has reached a pivotal milestone thanks to Equal1, a leader in silicon-powered quantum technology. The company has announced remarkable advancements in both quantum controller chips and silicon qubit performance, laying a strong foundation for scalable, practical quantum systems. These breakthroughs underscore the potential of silicon to drive the next generation of quantum innovation. Nodar Samkharadze, Equal1’s Chief Quantum Architect, said: “This result demonstrates the massive benefit of silicon qubits – the ability to achieve the performance required for scaling in two key areas – fidelity and speed of quantum gates.” Read the whole article here, at the Innovation News Network website: https://lnkd.in/eHBxG-C7 #quantum #quantumcomputing #computing #science #research

Pasqal and WeLinQ, two French #quantumcomputing companies, have announced a strategic partnership to tackle challenges in #neutralatom quantum computing, such as #errorcorrection and #qubitscaling. Company Profiles: Pasqal specializes in building #quantumprocessors with ordered neutral atoms, while Welinq focuses on developing #quantumlinks and #quantummemories to interconnect #quantumcomputers. Technological Advancements: The collaboration aims to enhance #QuantumProcessingUnits (QPUs) by interconnecting multiple #QPUs, which is crucial for developing a #faulttolerant #quantumcomputingarchitecture. Future Goals: By 2030, the partnership envisions fostering a thriving #quantumcomputingecosystem, with milestones including a 1000-qubit QPU breakthrough in 2024 and a projected 10,000-qubit QPUs by 2026-2027. #QuantumNetwork

IQM And OrangeQS Deploys World’s First 100+ Qubits Quantum Chip Test System In a significant breakthrough, Orange Quantum Systems has unveiled the world's first test equipment capable of handling over 100 qubits, dubbed the OrangeQS MAX. This cutting-edge platform is designed to accelerate the development of quantum chips by maximizing throughput and reducing the time required to bring innovative designs to market. The launch event featured special guests Juha Hassel and Ivan Takmakov from IQM Quantum Computers, with Takmakov pressing the iconic red button to reveal the groundbreaking innovation. Following successful factory acceptance tests, the first OrangeQS MAX system will be installed at IQM's facilities in Finland, marking a major milestone in the advancement of quantum computing. This collaboration between Orange Quantum Systems and IQM Quantum Computers is poised to revolutionize the field of quantum technology, pushing the boundaries of what is possible with this emerging technology. #quantum #quantumcomputing #technology https://lnkd.in/eCChZYeu

The British Quantum Invasion Britain is emerging as a global leader in quantum computing, with several companies leading this technological revolution, known as the 'British Quantum Invasion'. Companies like PsiQuantum leverage existing semiconductor manufacturing techniques to build fault-tolerant quantum computers. This technological breakthrough is reshaping the British economy and setting the pace in the global quantum computing landscape. https://lnkd.in/eNqtkyBp

Groundbreaking! An unexpected breakthrough in quantum computing. Oxford Ionics just announced that they managed to stabilize a Qubit using standard silicon technology instead of previously used lasers. That means that the commercialization of quantum computers might be just around the corner (perhaps before the end of the decade). While quantum computing companies like to talk about climate models and drug research, the application everyone is really after is code breaking. A quantum computer can literally hack into any system currently deployed. Combining that with powerful AI will produce the ultimate cyber weapon, enabling anyone possessing such technology to bring down the entire infrastructure of any country at will.

The British Quantum Invasion Britain is emerging as a global leader in quantum computing, with several companies leading this technological revolution, known as the 'British Quantum Invasion'. Companies like PsiQuantum leverage existing semiconductor manufacturing techniques to build fault-tolerant quantum computers. This technological breakthrough is reshaping the British economy and setting the pace in the global quantum computing landscape. https://lnkd.in/eszryTRr

Quantum computing has reached a pivotal milestone thanks to Equal1, a leader in silicon-powered quantum technology. The company has announced remarkable advancements in both quantum controller chips and silicon qubit performance, laying a strong foundation for scalable, practical quantum systems. 🔗 https://bit.ly/49rscEu #quantumcomputing

IDTechEx release new market research report: Quantum Computing Market 2024-2044: Technology, Trends, Players, Forecasts Quantum computing market to reach over US$ 800 million by 2034 with CAGR 30% Quantum computing promises a revolution in computational capabilities. This accessible quantum computing market report evaluates key technologies, companies, drivers for growth and adoption barriers across this emerging industry. Multiple competing quantum computer technologies are assessed: superconducting, silicon-spin, photonic, trapped-ion, neutral-atom, topological, diamond-defect, and annealing. Detailed SWOT analysis, company roadmaps, and benchmarking are provided for each modality, along with twenty-year market forecast outlining the prospects of each. Find out more, including downloadable sample pages - https://lnkd.in/diYMQ9-t or contact us at Research@IDTechEx.com Author: Dr Tess Skyrme, Senior Technology Analyst at IDTechEx #QuantumComputers #Qubits #SuperconductingQubits #Photonics #Qumodes #PhotonicQubits

🚀 Quandela has unveiled its 2024-2030 roadmap, with a clear goal of achieving fault-tolerant quantum computingby 2030. The first logical qubits are expected to be ready by 2025, with plans for industrial-scale quantum computer assembly by 2028. The company’s approach, which focuses on integrated photonics, aims to be more efficient and scalable than competing technologies, utilizing far fewer components to reach its objectives. Additionally, Quandela plans to launch a second quantum computer factory by 2027. Read more: https://lnkd.in/eezjzuAS #Quandela #QuantumComputing #Roadmap #Photonics