Latest news with #HyperLight


Business Insider
02-08-2025
- Business
- Business Insider
Quantum Computing News: Japan's $335 Million Bet and New Milestones Signal Sector Growth
It's time for another recap of the Quantum computing developments from the last week. We continue to witness grand efforts in expanding quantum systems across public and private sectors, with Japan, Canada, Israel, and Singapore making new moves in hardware, software, and ecosystem development. For investors following companies like International Business Machines (IBM), Alphabet (GOOG), IonQ (IONQ), and other players in cloud, semiconductors, and AI infrastructure, this week's headway shows how the field is shifting from lab-based projects to commercial platforms. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Japan Names 2025 as Quantum Industrialization Year Japan's Ministry of Economy, Trade, and Industry will invest $335 million to scale its domestic quantum ecosystem. The program will fund more than 10 companies, including Fujitsu (FJTSY) and KDDI (KDDIY). The goal is to back both hardware and software, with support for superconducting and optical-based quantum systems. Fujitsu is developing superconducting qubits, while the University of Tokyo is advancing optical architectures with lower power demands. The government aims to position Japan as a global standard-setter in quantum software, where no dominant player has emerged yet. Also, a new facility, G-QuAT, will serve as a business and research hub to support collaboration and workforce training. Xanadu and HyperLight Advance Low-Loss Quantum Photonics Xanadu, a Canada-based quantum computing hardware and software company, and HyperLight reported a hardware milestone in photonic quantum computing. The two companies have demonstrated thin-film lithium niobate chips with waveguide losses below 2 dB/m and switch losses around 20 millidecibels. These metrics are among the lowest ever reported and support Xanadu's roadmap toward utility-scale quantum systems. The chips were fabricated in a high-volume semiconductor plant and will be used in future versions of Xanadu's Aurora system. Xanadu's platform is based on fiber-networked photonic qubits and does not rely on cryogenic cooling. Quantum Art Hits 200-Ion Milestone in Trapped-Ion Chain Quantum Art, an Israeli startup focused on trapped-ion quantum systems, has achieved a 200-ion linear chain using precision trap engineering and cryogenic controls. The result enables stable operation across long ion registers, which are needed for scalable quantum logic. The company is developing a 50-qubit system for commercial launch and a 1,000-qubit platform expected in 2027. The system design avoids shuttling or photonic interconnects by using optically segmented cores that run in parallel. Classiq Secures Funding from SoftBank and CDP Venture Capital Classiq, another quantum software company based in Israel, expanded its Series C round with new investments from SoftBank Vision Fund 2 (SFTBY) and CDP Venture Capital. SoftBank's R&D team validated the company's ability to optimize high-performance quantum circuits. The capital will support product development and expansion into finance, energy, and life sciences. Classiq's platform enables enterprise developers to create and run complex quantum algorithms without needing to manage hardware-specific code. Horizon Quantum Joins QuEra Alliance for Software-Hardware Integration Singapore-based Horizon Quantum Computing has joined the QuEra Quantum Alliance to improve software tools for neutral-atom quantum systems. While QuEra is one of the notable players in neutral-atom quantum computing, Horizon develops automated algorithm synthesis and compilation tools that let users write quantum programs using conventional programming methods. QuEra's platform uses arrays of neutral atoms for scalable quantum processing and does not require ion traps or photonic links. The alliance now includes over 25 members and continues to grow across North America, Europe, and Asia-Pacific. We used the TipRanks' Comparison Tool to line up some of the top quantum stocks with a few names mentioned in this piece. It's an easy way to see how they compare and get a feel for where the space might be going.


Cision Canada
29-07-2025
- Business
- Cision Canada
Xanadu and HyperLight unveil groundbreaking advancements in photonic chips, setting new benchmarks for quantum computing performance
TORONTO, July 29, 2025 /CNW/ - Xanadu, the leading photonic quantum computing company and HyperLight, creator of the TFLN Chiplet™ platform, have achieved through a joint effort a significant breakthrough in the development of thin-film lithium niobate (TFLN) photonic chips that demonstrate superior performance metrics. These advancements are crucial for overcoming current limitations in scaling photonic quantum hardware. Through dedicated fabrication process development, Xanadu and HyperLight have demonstrated waveguide losses below 2 dB/m in TFLN. The corresponding switch loss is approximately 20 milli-decibel (mdB), one of the lowest loss values ever reported for an electro-optic switch serving photonic quantum computing applications. Crucial to the demanding needs of a future utility-scale quantum computer, this result was performed in a high-volume semiconductor production facility capable of fabricating wafers at the volumes required for commercial photonic quantum computing. "Our long-standing collaboration with HyperLight has been instrumental in achieving our hardware roadmap," said Zachary Vernon, CTO of Hardware at Xanadu. "The unprecedented performance we've achieved with these new photonic chips sets a new benchmark for performance in the industry and brings us closer to delivering utility-scale photonic quantum computers." Xanadu has been at the forefront of quantum computing, recently demonstrating the world's first fibre-networked photonic quantum computer, Aurora. Aurora showcased the scalability and networkability of Xanadu's architecture for a photonic quantum computer, and leveraged the advanced TFLN Chiplet™ platform from HyperLight. This latest achievement with HyperLight builds on the foundational successes that led to the Aurora demonstration by providing ever higher performing chips necessary for future generations of photonic quantum computers. "This achievement of HyperLight and Xanadu is an example of the breadth of impact of TFLN technology," said Mian Zhang, CEO of HyperLight. "Synergized with high-volume datacom and telecom applications, HyperLight's TFLN Chiplet Platform is uniquely designed to enable unprecedented performance and applications like quantum computing which our partner Xanadu is pursuing." This breakthrough is a testament to the importance of collaboration in driving the rapid progress required to unlock the potential of quantum computing. It also marks another significant milestone in Xanadu's hardware development this year and further reinforces its position as a global leader in quantum hardware. About Xanadu: Xanadu is a Canadian quantum computing company with the mission to build quantum computers that are useful and available to people everywhere. Founded in 2016, Xanadu has become one of the world's leading quantum hardware and software companies. The company also leads the development of PennyLane, an open-source software library for quantum computing and application development. Visit or follow us on X @XanaduAI. About HyperLight: Headquartered in Cambridge, Massachusetts, HyperLight delivers high-performance integrated photonics solutions built on its TFLN Chiplet™ platform. By uniquely combining the superior electro-optic properties of thin-film lithium niobate (TFLN) with scalable CMOS-compatible manufacturing processes, HyperLight's solutions provide unprecedented bandwidth, ultra-low loss, and exceptional energy efficiency. These seamlessly integrated solutions empower groundbreaking innovations in AI, data centers, telecommunications, quantum computing, and emerging technologies. SOURCE Xanadu Quantum Technologies Inc.