D-Wave Appoints Finance Veteran Kevan P. Krysler to Board and Audit Committee
D-Wave has appointed Kevan P. Krysler to its board and audit committee, strengthening its finance, risk management, and corporate governance capabilities.
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PsiQuantum Appoints Atomico Founder Niklas Zennström to Board of Directors
PsiQuantum has added Niklas Zennström — Skype co‑founder and founder and CEO of Atomico — to its board of directors. The move is part of strengthening its management team ahead of large‑scale deployment.
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Quanta Computer and Quantinuum to jointly develop hardware foundation for large-scale quantum computers
The two companies have begun joint development of a hardware foundation for future Quantinuum quantum systems aimed at improving modularity, manufacturability, and scalability.
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Xanadu and University of Alberta Partner on Quantum Drug Discovery to Design Photosensitizers
They will jointly study quantum algorithms and computational frameworks that handle excited states and light–matter interactions for photosensitizers used in photodynamic therapy.
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A somewhat atypical quantum startup with ¥670 million in sales and profitable operations — Osaka University spinout QuEL
Osaka University spinout QuEL develops and sells control systems for quantum computers and recorded sales of ¥670 million and a net profit of ¥61.69 million for the fiscal year ending June 2025. This piece examines the company’s strengths—built on a track record with domestic research institutions and already generating profit—and the factors that will determine future growth, such as customer concentration and overseas expansion.
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Q-CTRL Hires Quantum Gravimetry Researcher Malo Cadoret to Bolster Development of Quantum Navigation for Maritime Environments
Q-CTRL has appointed Malo Cadoret, who has demonstration experience with mobile quantum gravimeters, as Principal Scientist to strengthen development of quantum navigation for dynamic environments including the maritime domain.
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Q-CTRL executes 100-qubit QFT on IBM Heron; proprietary compilation doubles prior demonstration scale
Q-CTRL reports executing the quantum Fourier transform on up to 100 qubits on IBM Heron r3 and extracting the correct frequency as the most frequently observed result.
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IQM Announces First Post-IPO Earnings; Order Backlog Exceeds €100.21 Million
IQM’s H1 2026 revenue was €8.9 million and operating loss was €60.5 million. Full-year revenue is forecast at €42–47 million.
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Quemix Receives Investment from Honda to Accelerate Implementation of Quantum Technology in Materials Development
Quemix has received investment from Honda. Building on the companies’ joint research, it plans to introduce quantum algorithms into practical development processes for next-generation battery materials and other applications.
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IonQ to Manufacture 25 Optical Atomic Clocks Under DARPA Contract Extension; Option for Additional 100 Units
IonQ has secured a $28 million contract extension from DARPA. It will establish manufacturing for the Evergreen-05 optical atomic clock and deliver 25 confirmed units to the U.S. government.
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Rigetti reports $5.1M revenue in Q2 2026; discloses 108‑qubit system performance
Rigetti announced its Q2 2026 results. Revenue rose year‑over‑year while operating loss was $28.1M. The company also reported superconducting system performance and a roadmap toward roughly 1,000 qubits.
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SEC Declares Form F-4 Effective for Pasqal–Bleichroeder Business Combination
Pasqal’s plan to list on Nasdaq via a SPAC has advanced procedurally. The companies aim to complete the business combination following a shareholders’ meeting on August 25.
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JIJ Offers Updated JijModeling 2 — Improves Compile Performance with Flat AST
JIJ has released versions 2.6 and 2.7 of the mathematical optimization modeling tool JijModeling 2, improving processing speed, memory efficiency, and debugging support.
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D-Wave: Q2 2026 Revenue $3.1M; First-Half Bookings Expand More Than 12x
D-Wave’s Q2 2026 revenue was roughly flat year-over-year, while first-half bookings and remaining performance obligations expanded substantially. The company also laid out new development targets for both its annealing and gate-based approaches.
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OptQC Appoints 前田倫宏 as Executive Officer and CFO, Strengthening Financial Structure for Commercialization of Photonic Quantum Computers
OptQC has appointed 前田倫宏 as executive officer and CFO. The company aims to strengthen its financial and managerial foundations to support on-device validation, commercialization, and global deployment of “MoQuren.”
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Fixstars Amplify SDK Adds Support for Fujitsu’s Superconducting Quantum Computer “System F”
Adds OqtopusClient to Amplify Quantum 1.3, enabling use of ‘System F’ on ABCI-Q from existing code.
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Xanadu reports $1.5M revenue in Q2 2026; improves photonic components and reduces QROM gate count
Xanadu posted $1.5 million in revenue and a net loss of $42.1 million for Q2 2026. The company reported reduced end-face coupling loss for photonic components and a method to roughly halve Toffoli operations for QROM.
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IonQ reports 287% year-over-year revenue increase in Q2 2026, raises full-year outlook
IonQ’s Q2 2026 revenue was $80.10 million. The company raised full-year revenue guidance to $280–290 million, while GAAP net loss was $1.8677 billion.
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D-Wave Demonstrates High-Fidelity Two-Qubit Entangling Gate for Dual-Rail Qubits
D-Wave demonstrated a two-qubit entangling gate with approximately 99.9% fidelity and about 500 ns operation time. The results were published in Nature.
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JIJ launches JijZept Solver v4 beta to enhance search for feasible solutions
JIJ has made a new version of its mathematical optimization solver available to existing users and early partners. The search engine has been redesigned to strengthen support for problems with complex constraints.
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IonQ and Sandia Sign MOU for Quantum Co-Design for National Security
IonQ and Sandia National Laboratories have signed a memorandum of understanding to examine co-design of quantum computing and quantum networking technologies.
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Nauticus Robotics and Strangeworks Collaborate on AI-Optimized Deployment of Undersea Fiber-Optic Sensing Networks
They combine autonomous underwater robots with the Aura optimization platform to explore efficient deployment of sensing networks for protecting marine infrastructure.
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JIJ Raises About ¥840 Million to Strengthen AI Optimization Platform and Quantum–Classical Middleware
JIJ has raised approximately ¥840 million through a third-party share allotment. The funds will be used to expand its mathematical optimization business, enhance “JijZept AI”, develop middleware for gate-based quantum computing and classical systems, and support overseas expansion.
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IonQ and EPB to Establish Quantum Communications Research Center in Tennessee — Quantum Memory on a Live Network
IonQ and EPB will establish a facility in Tennessee to study quantum memory and long-distance quantum communications using a live optical-fiber network.
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JIJ releases quantum programming language “Qamomile” v0.14.0 — supports resource estimation and conversion to multiple SDKs
JIJ has released Qamomile v0.14.0. From the same quantum program, it is now possible to perform resource estimation and conversion/execution across multiple SDKs.
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D-Wave and Nasdaq Verafin Agree to PoC for Financial Crime Detection Using Quantum Annealing
D-Wave and Nasdaq Verafin will initiate a proof of concept applying quantum–classical hybrid technology to financial crime detection. They will analyze hundreds of data signals and explore their use in predictive models for anomalous account behavior.
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OptQC and NTT form capital-and-business partnership, aiming for a 1‑million‑physical‑qubit‑class photonic quantum computer by FY2030
OptQC and NTT have entered a capital-and-business partnership to commercialize photonic quantum computers, expanding collaboration from R&D through commercialization to societal implementation.
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Quemix and Mitsui Kinzoku Form Capital and Business Alliance to Commercialize Quantum Materials Simulation
Mitsui Kinzoku will subscribe to Quemix’s third-party allotment, strengthening joint research on materials calculations using quantum computers.
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IonQ Completes Acquisition of SkyWater Technology, Bolstering Vertical Integration of Quantum Chip Manufacturing
IonQ has completed its acquisition of U.S. semiconductor foundry SkyWater Technology. By bringing design, manufacturing and advanced packaging in-house, it aims to strengthen the supply chain for quantum technologies.
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Xanadu and Lockheed Martin Expand Quantum Talent Development Using PennyLane
Xanadu’s PennyLane will be integrated into Lockheed Martin’s internal talent development program to expand hands-on quantum programming training.
