Bleichroeder Acquisition Corp. II will submit the business combination with Pasqal to a special shareholder meeting on August 25, 2026. Even if approved, customary closing conditions remain to be satisfied.
Quantum companies’ revenues are growing, but their sources vary widely — hardware sales, government contracts, PoCs, cloud usage, quantum sensing, and more. By examining major firms’ revenue structures, we can better gauge the current state of quantum computer commercialization.
Rigetti Computing has established a dedicated organization to handle on‑premises quantum system delivery. David Rivas will serve as COO and Andrew Bestwick as CTO.
IBM announced a new architecture that connects box‑shaped cryogenic cells. It operated two prototype cells simultaneously and envisions each future cell supporting at least 2,000 qubits.
Infleqtion plans a 2027 field test in Colorado of quantum gravity gradiometry to detect subsurface density contrasts and geological structures.
IonQ said it will be listed as a cloud quantum-computing provider for Canada’s FABrIC Quantum Computing Sandbox. The MOU is non-binding and terms have not been disclosed.
Infleqtion has opened a new site in Louisville, Colorado. The center will support development and deployment of neutral‑atom quantum computing and quantum sensing.
Optimized TA-Lists spanning multiple areas, reducing location registration signals by 65.3% and paging signals by 7.0% during daily peak periods.
The company revised the timing of revenue recognition for two government contracts, increasing Q2 2026 revenue and the full-year outlook. It says there is no impact on cash or the assumptions underlying its business outlook.
D-Wave has appointed Kevan P. Krysler to its board of directors and audit committee, bolstering the company’s capabilities in finance, risk management, and corporate governance.
PsiQuantum has added Niklas Zennström, Skype co‑founder and Atomico founder and CEO, to its board as part of efforts to strengthen management for large‑scale deployment.
The two companies have begun joint development of a hardware foundation for future Quantinuum quantum systems, aimed at enhancing modularity, manufacturability, and scalability.
They will jointly research quantum algorithms and computational frameworks handling excited states and light–matter interactions for photosensitizers used in photodynamic therapy.
Infleqtion’s Q2 2026 revenue was $12.6 million. Operating losses widened, but the company maintained its target to reach 30 logical qubits within the year.
QOBLIB, which compares quantum and classical optimization methods under common conditions, has been expanded through a published paper and the launch of a dedicated website.
QuEra and Zapata Quantum have partnered to design and validate use cases ahead of the commercialization of fault-tolerant quantum computers.
D-Wave has received up to CAD 300,000 from Canada’s NRC to develop embedding algorithms for Advantage2’s Zephyr topology. Results are planned for integration into the Ocean SDK.
Quantinuum reported $8 million in revenue for Q2 2026. While GAAP net loss widened, the company also disclosed Helios’ logical fidelity and partnerships with Oracle.
Quantinuum will install its trapped-ion quantum computer Helios in OCI, offering a hybrid computing environment that combines HPC and GPUs with quantum processing.
They will begin a joint proof of concept comparing classical computing, quantum‑inspired computing, and quantum computing for defense logistics, resource allocation and related decisions.
Evaluating Ironstone Opal—a quantum sensor system that measures regional magnetic and gravity fields for aircraft. Aims to provide alternative positioning during GPS disruption.
Osaka University–origin quantum startup QuEL develops and sells control systems for quantum computers and reported ¥670 million in revenue and ¥61.69 million in net profit for the fiscal year ended June 2025. We analyze the company’s strengths—built on sales to domestic research institutions and already producing profit—and the key issues that will shape future growth, including customer concentration and overseas expansion.
Infleqtion will join a multi-year program applying quantum computing to U.S. grid contingency analysis. Eaton will lead the effort, comparing quantum and classical approaches and estimating required resources.
Pasqal trapped four rubidium atoms using laser light delivered from a photonic integrated circuit. The result is a technical demonstration toward smaller, more scalable optics for neutral‑atom systems.
Q-CTRL has appointed Malo Cadoret, who has field-demonstration experience with mobile quantum gravimeters, as Principal Scientist to strengthen development of quantum navigation for dynamic environments including maritime settings.
Q-CTRL reports executing the quantum Fourier transform on up to 100 qubits on IBM Heron r3, extracting the correct frequency as the most frequent measurement outcome.
IQM’s H1 2026 revenue was €8.9 million, with an operating loss of €60.5 million. Full-year revenue is forecast at €42–47 million.
Quemix has received investment from Honda. Building on their joint research, the companies plan to introduce quantum algorithms into practical development workflows for next‑generation battery materials and other applications.
IonQ has won a $28 million contract extension from DARPA. The company will establish manufacturing for the Evergreen‑05 optical atomic clock and deliver 25 units to the U.S. government as firm orders.
Rigetti announced its Q2 2026 results: revenue rose year‑over‑year to $5.1 million while operating loss totaled $28.1 million. The company also disclosed superconducting system performance and a roadmap toward roughly 1,000 qubits.