In The News:
Quantum Circuits secures more than $60M in Series B investment
Quantum Circuits, Inc. announced August 15 in news release it has secured a final Series B investment round of more than $60 million, providing additional capital support as the company prepares to commercialize its quantum systems with an industry first – error detection built into a more powerful qubit for scalable, higher-fidelity computing.
The investment is led by ARCH Venture Partners, F-Prime Capital, Sequoia Capital, and Hither Creek Ventures. The Series B round also includes investment from Canaan Partners, Fitz Gate Ventures, In-Q-Tel (IQT), Osage University Partners, Connecticut Innovations, Tao Capital Partners, and Tribeca Venture Partners.
Quantum Circuits is a spinout from Yale University, including Rob Schoelkopf, the Sterling Professor of Applied Physics at Yale and one of the founders of the superconducting quantum computing field. These systems are based on a novel superconducting architecture that solves one of the most pressing problems in quantum computing – error detection and correction. Its powerful dual-rail qubit with built-in error detection is an industry first. Quantum Circuits’ unprecedented approach provides greater accuracy, performance, and scalability for quantum systems, accelerating the path to consistent, repeatable computing results that are a prerequisite for commercially viable systems.
SCOPE AI announces launch of the QSE Quantum Gateway
This pivotal rollout represents a significant milestone in Scope’s mission to position businesses worldwide with cutting-edge quantum resilient entropy that drives security, scalability, and growth. The QSE Quantum Gateway has been designed to bridge the privacy and latency gap between institutional clients and their cloud infrastructure, no matter where they’re data centers are located. This deployment has already been completed across multiple countries in various industries, proving its versatility and robustness in diverse business environments and complex architectures.
This next-generation deployment marks a crucial milestone in delivering Quantum Resilient entropy to all geo-locations and regions worldwide. Sean Prescott, Founder & CTO of Scope AI, commented, “Our commitment to delivering unparalleled value to our customers is at the core of everything we do. The successful deployment of the QSE Quantum Gateway is a testament to our team’s dedication to innovation and excellence. We are excited to see how this new capability will continue to transform businesses worldwide.”
BTQ Technologies joins QuINSA as a founding member to propel international quantum information standardization
BTQ Technologies Corp., a global quantum technology company focused on securing mission-critical networks, is pleased to announce its participation as a founding member of the newly launched Quantum Industrial Standard Association (QuINSA), a Korean-led international information standardization organization dedicated to advancing the quantum information technology industry according to August 15 news release.
The launch ceremony, organized by the Ministry of Science and ICT (MSIT), took place at the Yangjae El Tower in Seoul. QuINSA has been established to spearhead the development of international standards for emerging quantum technologies, including quantum communication, quantum computing, and quantum sensing. As an industry-led initiative, QuINSA will facilitate collaboration among experts, analyze global standardization trends, identify use cases, and promote the industrialization of quantum technologies. The organization aims to work closely with international standardization bodies to ensure global alignment and foster innovation within the quantum sector.
In Other News:
White House National Cyber Director Coker’s remarks at WhiteHouse event on Post-Quantum Cryptography
Corker referred to the “. .. commendable work of NIST. For the past eight years, NIST has led the development of post-quantum algorithms, ensuring they are robust and capable of withstanding quantum attacks.
Securing against quantum threats is therefore not just an option, but a necessity for the future of our national security, economic stability, and foundational civil liberties—and more broadly to maintain trust in Government.
Now, the real work of migration must begin.
The stakes are high, and the time to act is now. NIST has done their part, and now it’s up to the rest of us to build on NIST’s stellar work. We must continue to drive our Government and private sector, as well as encourage our friends and allies abroad, to initiate deployment efforts.
Together, with our domestic and international partners, we must rise to meet this challenge and safeguard our digital future.
Thank you all for your dedication to this work.
Security Boulevard: Thales PQC Partner Ecosystem facilitates and accelerates quantum-safe migrations
The PQC migration process will be a highly significant transformation in the public-key cryptography landscape to date, impacting billions of devices and applications within the world’s digital security infrastructure. This is because today’s digital infrastructures are profoundly reliant on traditional asymmetric cryptography based on RSA or ECC schemes. However, to protect sensitive data against the looming threat of quantum computing, several government agencies such as NIST, CSA, and NSA are urging moving to quantum-safe algorithms. These include the newly developed CRYSTALS-Kyber (general encryption) and CRYSTALS-Dilithium, FALCON, and SPHINCS+ (digital signatures) algorithms pending finalizations by NIST.
To facilitate and accelerate quantum-safe readiness, Thales is committed to fostering a collaborative PQC ecosystem to ensure successful PQC-ready migration outcomes for everyone. This includes working with a variety of Consulting, Implementation, and Technology partners across both the private and public sectors.
Early advisory partners participating in the Thales PQC Ecosystem include Accenture, Capgemini, Deloitte, DXC, Kyndryl, Encryption Consulting and IBM Consulting. Technology Partners also include: DigiCert, Keyfactor, InfoSec Global, PQ Shield, Quantinuum, SandboxAQ, Senetas, and IDQ.