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Quantum Computing

All articles tagged with #quantum computing

IonQ Surges on Q4 Beat, Sets Ambitious 2026 Revenue Goal
technology3 hours ago

IonQ Surges on Q4 Beat, Sets Ambitious 2026 Revenue Goal

IonQ beat Q4 revenue with $61.9 million and issued a 2026 revenue target of $235 million, triggering about a 7% after-hours stock jump; the quantum‑computing pure‑play remains unprofitable, with EBITDA loss of $67.4 million and a full-year net loss of $753 million, even as it accelerates acquisitions (including Oxford Ionics) and grows government contracts such as a Missile Defense Agency award; investors have weighed recent short-seller allegations, but analysts remain mixed and many see the stock at a strategic inflection point.

IonQ posts record 2025 revenue, advances SkyWater deal and 2026 outlook
business8 hours ago

IonQ posts record 2025 revenue, advances SkyWater deal and 2026 outlook

IonQ reported Q4 2025 revenue of $61.9 million and full-year 2025 revenue of $130.0 million, beating guidance with 202% year‑over‑year growth; Q4 net income was $753.7 million driven by a gain on warrant liabilities, while full-year GAAP net loss was $510.4 million. The company highlighted strong commercial traction (over 60% of 2025 revenue from commercial customers, international >30%), and ended 2025 with $3.3 billion in cash, cash equivalents and investments. IonQ also announced an agreement to acquire SkyWater Technology to become a leading US quantum merchant supplier and issued 2026 guidance of $225–$245 million in revenue with an Adjusted EBITDA loss of $310–$330 million, underscoring continued expansion of its full‑stack quantum platform across computing, networking, sensing and security.

IonQ Lands $151B SHIELD Contract, Expands Quantum Defense Footprint
defense2 days ago

IonQ Lands $151B SHIELD Contract, Expands Quantum Defense Footprint

IonQ was awarded a contract under the Missile Defense Agency’s SHIELD IDIQ program with a ceiling of $151 billion, allowing it to compete for future task orders as part of a broad U.S. defense and quantum‑tech initiative. The company offers quantum computing, networking, sensing, and security, and its subsidiaries Capella Space, Skyloom, and Vector Atomic support space-based imagery, secure communications, and timing tech, placing IonQ among about 2,400 eligible vendors for government work.

IQM eyes US SPAC listing at $1.8B to accelerate Europe’s quantum push
business2 days ago

IQM eyes US SPAC listing at $1.8B to accelerate Europe’s quantum push

Finland’s IQM unveiled plans to become one of Europe’s first publicly listed quantum companies by merging with Real Asset Acquisition Corp in a US SPAC deal that values IQM at about $1.8 billion, with a potential June close and a dual Helsinki listing on the table. The transaction could bring more than $300 million in funding as IQM scales its open-architecture quantum systems, after selling 21 quantum units to 13 customers and reporting at least $35 million in unaudited revenue for 2025.

Triplet superconductors inch toward breakthrough for quantum tech
science4 days ago

Triplet superconductors inch toward breakthrough for quantum tech

NTNU researchers report that the NbRe alloy may exhibit triplet superconductivity, a spin-carrying form that could enable zero-resistance spin currents and boost quantum computing. If independently verified, this would be a major advance for spintronics and quantum devices, though further tests are needed. The material also superconducts at about 7 Kelvin, a relatively high temperature for this field.

Infleqtion charts Nvidia-like path to commercial quantum tech after SPAC debut
business7 days ago

Infleqtion charts Nvidia-like path to commercial quantum tech after SPAC debut

Infleqtion began trading via a SPAC merger and posted a double-digit first-day gain as CEO Matt Kinsella says the moment is a refueling toward turning quantum from lab to market. He cites a Nvidia‑style strategy of applying the company’s neutral-atom quantum core to sensing, timekeeping, and computing, with a road map to 30 logical qubits by year-end and 100 by 2028, and notes revenues of about $29 million in 2024 and $50 million booked in 2025 to fund R&D and growth. He stresses focusing on long‑term shareholder value over daily stock moves, plans disciplined R&D investment (not a material burn rate increase), and envisions bolt‑on tech acquisitions only if they accelerate the roadmap. Infleqtion is the first quantum company to go public this year, with peers Xanadu and Quantinuum expected to follow, and management remains focused on commercialization rather than chasing a quick market multiple.

Beyond Classical Bits: Building a Quantum-Input Complexity Theory
technology8 days ago

Beyond Classical Bits: Building a Quantum-Input Complexity Theory

Henry Yuen is building a fully quantum complexity theory to analyze problems whose inputs and outputs are quantum, something traditional theory can’t capture. By recasting issues through the lens of Uhlmann’s theorem, his work shows several quantum-input problems—bit commitments, black-hole decoding, quantum data compression—are actually equivalent, suggesting a unified, quantum-only framework. The project seeks to map these relationships and assess whether quantum-input problems are logically independent from classical complexity, while also sharing Yuen’s personal journey and research philosophy.

NSF Funds $100M Quantum Network as Infleqtion SPAC Nears Close and 500-Qubit Milestone Emerges
technology8 days ago

NSF Funds $100M Quantum Network as Infleqtion SPAC Nears Close and 500-Qubit Milestone Emerges

NSF launches a $100 million National Quantum and Nanotechnology Infrastructure program to fund up to 16 open-access sites over five years to give researchers and startups access to chip fabrication, testing, and training tools; Delta Gold Technologies signs a multi‑year, up‑to‑$2.99 million gold‑based quantum IP deal with Penn State; Xanadu Quantum Technologies releases a method to cut quantum‑chemistry resource needs by more than an order of magnitude; Oxford Quantum Circuits demonstrates wafer‑scale packaging for 500+ qubits with strong fidelity, signaling progress toward larger machines; Infleqtion’s SPAC merger with Churchill Capital X secures over $550 million in gross proceeds, setting Infleqtion up to list on the NYSE as INFQ.

Bitcoin Edges Toward Quantum-Resistant Upgrades as Experts Split on Urgency
technology9 days ago

Bitcoin Edges Toward Quantum-Resistant Upgrades as Experts Split on Urgency

Bitcoin developers merged BIP-360 into the GitHub repository to establish a post-quantum framework, introducing Pay-to-Merkle-Root to disable the quantum-exposed key-path spend and laying groundwork for future quantum-safe signatures; the change is not yet activated and would require broad consensus to deploy. Within the community, experts are divided on how soon a quantum threat could matter: some, like Caltech’s president, project fault-tolerant quantum systems in 5–7 years, while others including NIST guidance and researchers like CoinShares and Jameson Lopp say practical quantum risks are still years or even decades away, underscoring ongoing debates about timing and the challenges of upgrading a ossified decentralized network.

Maryland's quantum race aims to cure cancer—and test cybersecurity.
technology16 days ago

Maryland's quantum race aims to cure cancer—and test cybersecurity.

Maryland Gov. Wes Moore is backing a $1+ billion quantum computing hub in suburban Maryland to accelerate cancer research and spur a local quantum industry, potentially delivering breakthroughs that could outpace today’s supercomputers—while also raising cybersecurity concerns about encryption and data protection as quantum capabilities grow.

Google Urges Speedy Move to Quantum-Safe Internet Security
technology17 days ago

Google Urges Speedy Move to Quantum-Safe Internet Security

Google warns that quantum computers could soon break current public-key cryptography and urges governments and industry to accelerate adoption of post-quantum cryptography, aligned with NIST’s PQC standards finalized in 2024. The company says it has been preparing since 2016, implementing crypto agility across its infrastructure, and outlines five policy steps: drive society-wide momentum across critical infrastructure; ensure PQC is embedded in AI systems; avoid fragmentation of standards; promote cloud-first modernization to ease migrations; and maintain ongoing engagement with technical experts to prevent strategic surprises.

Strategy CEO: Bitcoin would need to crash to 8,000 and stay years before balance-sheet risk
companies19 days ago

Strategy CEO: Bitcoin would need to crash to 8,000 and stay years before balance-sheet risk

Strategy CEO Phong Le said the balance sheet is safe unless Bitcoin falls to about $8,000 and remains there for five to six years; the company posted a $12.6 billion quarterly net loss from unrealized BTC losses as Bitcoin traded around $64,800, while Michael Saylor dismissed quantum-threat concerns as 'horrible FUD' and announced a Bitcoin Security program to bolster resilience amid the crypto sell-off.

D-Wave relocates HQ to Florida, linking quantum ambitions with a university partnership
business24 days ago

D-Wave relocates HQ to Florida, linking quantum ambitions with a university partnership

California quantum computing company D-Wave is relocating its headquarters to Boca Raton, Florida, to establish a new R&D facility at the Boca Raton Innovation Campus while maintaining a Palo Alto presence. The move is expected to create about 100 jobs with salaries above $125,000 and comes with up to $500,000 in relocation incentives; D-Wave will also install a quantum computer at Florida Atlantic University under a $20 million agreement. The decision underscores Florida’s appeal amid California’s business climate debates and broader tech company moves.

IonQ to Acquire SkyWater, Forming the First Vertically Integrated Quantum Platform
technology1 month ago

IonQ to Acquire SkyWater, Forming the First Vertically Integrated Quantum Platform

IonQ will acquire SkyWater Technology in a cash-and-stock deal valued at about $1.8 billion, uniting IonQ’s quantum platform with SkyWater’s U.S.-based foundry to create the first vertically integrated full-stack quantum company. SkyWater will operate as a subsidiary; SkyWater shareholders receive $15 in cash and $20 in IonQ stock per share, with a collar. Closing is expected in Q2–Q3 2026 and the deal accelerates IonQ’s fault-tolerant quantum roadmap (targeting 200,000 qubit QPUs by 2028 and 8,000 high-fidelity logical qubits), strengthens a domestic supply chain for government and enterprise customers, and expands IonQ’s quantum sensing and networking capabilities. A joint webcast is planned.

Quantum race hinges on keeping supply lines strong
opinions1 month ago

Quantum race hinges on keeping supply lines strong

An opinion piece argues the United States could fall behind in the quantum computing race not for lack of ideas but because bottlenecks in critical hardware supply chains—materials, manufacturing, and global dependencies—could slow progress; strengthening diversified, domestic manufacturing and policy support is essential to maintain U.S. leadership in this frontier.