BUSINESS & INDUSTRY

DOE Fermilab and Qblox Finalize Agreement to Commercialize QICK Platform

The U.S. Department of Energy’s Fermilab and Qblox have finalized a Cooperative Research and Development Agreement (CRADA) to commercialize the QICK Platform. This open-source quantum control and readout technology, already serving approximately 500 users across labs, universities, and industry, will now see scaled U.S. manufacturing and distribution. Qblox will lead commercialization efforts while also launching dedicated workforce training programs. Fermilab continues to drive scientific advancements in the core platform. The partnership creates a model for moving national lab innovations into commercial products that strengthen the domestic quantum ecosystem.

Read More »

Bull and Alice & Bob Sign MoU to Integrate Cat-Qubit Quantum Computers into HPC Environments

Bull and Alice & Bob have signed a Memorandum of Understanding to integrate cat-qubit quantum computers into high-performance computing environments. The agreement leverages Alice & Bob’s fault-tolerant cat qubit technology to enable hybrid quantum-classical workloads with reduced error correction overhead. Joint efforts will focus on low-latency interfaces, SLURM compatibility, and software orchestration to make these quantum resources accessible within Bull’s European HPC infrastructures. This collaboration accelerates commercial quantum-HPC solutions, supporting technological sovereignty and practical applications in materials simulation and optimization.

Read More »

Qubic Secures Oversubscribed $2.5M USD Seed Round

Qubic has announced the successful close of an oversubscribed $2.5 million USD seed round. Led by Two Small Fish Ventures, the round included participation from UC Investments, Quantacet, and UCeed. The capital will be used to complete the amplifier MVP, scale manufacturing, and develop an RF quantum sensing platform. CEO Jérôme Bourassa noted increasing market appetite, evidenced by sales to Quantum Machines. The company plans to triple its team size as it targets quantum computing scaling challenges and new applications in defence and communications.

Read More »

Quantum Machines Makes Second European Acquisition in Six Weeks as Quantum Closes In on Real-World Advantage ​

Quantum Machines (QM) has acquired Hungarian firm PCB Engineering, marking its second European acquisition in six weeks. The deal creates a new Budapest R&D hub and bolsters QM’s hybrid quantum-classical control solutions used by over half of the world’s quantum computing companies. With operations now spanning 22 countries, QM is accelerating innovation toward fault-tolerant quantum computers and real-world advantage.

Read More »

Reliance Global Group Positions EnQuantum to Secure the Post-Quantum Economy Before Q-Day

Reliance Global Group, Inc. (Nasdaq: EZRA) has issued an update on its EnQuantum Ltd. investment, signaling strong positioning in the post-quantum cybersecurity space. EnQuantum is developing an FPGA-accelerated hash-based cryptography platform that offers terabit-scale throughput and significant energy efficiency gains. The technology targets high-performance environments including AI infrastructure, 5G networks, and critical communications. With backing from the Israel Innovation Authority and alignment to U.S. quantum policy incentives, EnQuantum is preparing networks for the challenges of Q-Day.

Read More »

Juliang Guangqi Raises $28M+ USD Angel Round to Industrialize Superconducting Quantum in China

Juliang Guangqi has closed a $28M+ USD angel round, one of the largest early-stage quantum hardware financings in China. The Shanghai startup is forging silicon-substrate superconducting quantum computing to leverage mature semiconductor production lines for scalability. With backing from Heli Capital, Junshan Capital, and SMIC PE, it signals strong industrial momentum in China’s quantum sector.

Read More »

Get The Qubit Report delivered straight to your inbox.

Sign up to receive our newsletter and other reports.

We keep your data private and share your data only with third parties that make this service possible. Read our privacy policy for more info.