Quantum News Briefs: April 6, 2024: Infleqtion Names Matthew Kinsella Chief Executive Officer to Lead Next Phase of Quantum Innovation and Growth; IonQ Welcomes Tech Industry Veteran Stacey Giamalis as New Chief Legal Officer and Corporate Secretary; University of Central Florida Undergraduate’s Pioneering Research on Quantum Material Helps Lay Foundation for Next-Gen Electronics; “Microsoft Creates Buzz in Quantum Realm: 3 Stocks to Watch”
Quantum News Briefs: April 6, 2024: Press release summaries below:
Infleqtion Names Matthew Kinsella Chief Executive Officer to Lead Next Phase of Quantum Innovation and Growth
Infleqtion, the leading quantum information company, has named Matthew Kinsella as its new Chief Executive Officer, succeeding Scott Faris, who is stepping down to pursue interests in quantum industry policy and investments in national security and defense. Kinsella, coming from Maverick Ventures, where he was a senior managing director and played a significant role in investments, including Infleqtion, has been on Infleqtion’s board since June 2018. His appointment is pivotal as Infleqtion aims to scale its business and penetrate high-growth markets, leveraging its advancements in quantum technology, including quantum sensing, communication, and computing solutions aimed at various industries. This leadership transition occurs as Infleqtion celebrates its technological milestones and partnership achievements, such as its involvement in Japan’s Quantum Moonshot program and the development of a quantum computing testbed for the UK’s National Quantum Computing Centre, positioning it at the forefront of commercializing quantum technologies.
IonQ Welcomes Tech Industry Veteran Stacey Giamalis as New Chief Legal Officer and Corporate Secretary
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IonQ, a leading company in the quantum computing field, has announced Stacey Giamalis as its new Chief Legal Officer and Corporate Secretary, bringing her extensive experience from serving as chief legal counsel across six companies in the technology sector for over two decades. Giamalis, notable for her involvement in three initial public offerings and eight mergers and acquisitions, will now head IonQ’s global legal affairs, including intellectual property, corporate matters, contracting, and regulatory compliance. Her appointment is part of IonQ’s strategic initiatives to manage legal and risk postures while scaling operations. This move follows the company’s significant developments, including the recent opening of the first dedicated quantum computing manufacturing facility in the U.S., and complements the appointments of Dr. Martin Roetteler as Head of Quantum Applications and new board members Robert Cardillo and Bill Scannell. Giamalis’s proven track record and global perspective are expected to contribute significantly to IonQ’s pioneering efforts in quantum computing.
University of Central Florida Undergraduate’s Pioneering Research on Quantum Material Helps Lay Foundation for Next-Gen Electronics
Kamal Harrison, an undergraduate researcher at UCF, has made strides in quantum materials, contributing to the foundation of next-generation electronics by studying a unique quantum material known as a topological insulator. His research, published in the prestigious ACS Nano journal, highlights the material’s potential applications in electronics, spintronics, and quantum computing. Harrison’s journey, supported by the NSF-funded Center for Ultrafast Dynamics and Catalysis in Emerging Materials (C-UDCEM) and mentorship under professor Saiful Khondaker, showcases his determination from a challenging upbringing to his achievements in physics. His work at UCF and collaboration with the University of Washington have opened new doors for research in quantum materials, earning him recognition in the scientific community and setting a precedent for future students in the C-UDCEM program to follow.
In Other News: Yahoo Finance article: “Microsoft Creates Buzz in Quantum Realm: 3 Stocks to Watch”
Microsoft (MSFT) is charting new territory in the quantum computing landscape through its collaboration with Quantinuum, which has significant implications for investors monitoring the tech sector’s stock performance, according to a recent Yahoo Finance article. This partnership not only underlines Microsoft’s commitment to pioneering quantum computing advancements but also marks a strategic step in strengthening its competitive edge in the rapidly growing quantum computing market. By developing more reliable virtual qubits and achieving a notable improvement in error rates, Microsoft is positioning itself at the forefront of the industry, potentially driving investor interest and enhancing its stock value. This development is especially pertinent given the quantum computing market’s expected growth, projected to reach $5.3 billion by 2029. As Microsoft continues to innovate within this space, alongside tech giants like IBM, IonQ, and Rigetti Computing, its stock performance will likely be a key indicator of the company’s ability to capitalize on quantum computing’s transformative potential, offering a unique investment opportunity in the high-growth tech sector.
Kenna Hughes-Castleberry is the Managing Editor at Inside Quantum Technology and the Science Communicator at JILA (a partnership between the University of Colorado Boulder and NIST). Her writing beats include deep tech, quantum computing, and AI. Her work has been featured in National Geographic, Scientific American, Discover Magazine, New Scientist, Ars Technica, and more.
