Latest news with #SEEQC
Business Insider
05-08-2025
- Business
- Business Insider
Quantum Computing News: IonQ Boosts Energy Role, Fujitsu Targets 10,000-Qubit System by 2030
Welcome to this week's quantum news, as we continue in our quantum journey toward commercialization. This week's recap highlights practical upgrades to existing networks, fresh investments in R&D, and progress in real-world problem-solving. For investors tracking companies like IonQ (IONQ), Fujitsu (FJTSY), and Honeywell (HON) -backed Quantinuum, these moves show steady traction toward scaled deployment. 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. PacketLight Networks and NEC Demo Quantum-Safe Networking We begin with PacketLight Networks and NEC Corporation, which demonstrated a working setup for quantum key distribution. Their test used NEC's quantum key distribution gear alongside PacketLight's PL-4000M Muxponder. The system maintained 100% data speeds while layering quantum encryption on a separate fiber. It did not need hardware upgrades, which could lower cost barriers for future rollouts. While still a lab test, the result confirms that QKD can work with today's commercial networks. This supports secure communications without major changes to data flow. The exhibition also highlights early demand for QKD-compatible hardware and low-latency encryption options. SEEQC Expands U.S. Operations to Support Chip Design Next up is a $60 million Nvidia (NVDA) - and IBM Quantum (IBM) -backed startup, SEEQC, which has leased a 13,635-square-foot site in Hawthorne, New York. The space will support chip manufacturing, testing, and system design. The firm builds superconducting chips that can work with multiple quantum systems. The move gives SEEQC closer access to talent and partners. It also signals its intent to scale chip production for commercial use. The site will house offices and labs that support new designs for modular and stackable quantum computing hardware. The biggest standalone quantum company, Quantinuum, will convert a site in Albuquerque into a new research and development hub. The company plans to focus on photonics control, a key part of its laser-based ion-trap quantum systems. The facility is expected to employ at least seven people by the end of the year, with future plans to install test beds. Quantinuum, formed from Honeywell Quantum and Cambridge Quantum, is one of the few firms that build both quantum hardware and software. Its expansion into New Mexico also supports public efforts to attract more quantum jobs to the Southwest. IonQ (IONQ) has partnered with Oak Ridge National Laboratory to apply its quantum system to the Unit Commitment problem. This challenge involves scheduling power plants to meet demand at the lowest cost. The project used IonQ's 36-qubit Forte Enterprise quantum system, in combination with classical models. The work is part of the U.S. Department of Energy's GRID-Q program. It tested the ability to optimize energy use across 26 generators and 24 time slots. The results point to potential cost savings and new ways to manage energy supply. IonQ expects future systems with 100 to 200 qubits could outperform current grid planning tools. Fujitsu Plans 10,000-Qubit System by 2030 Fujitsu (FJTSY) announced plans to build a superconducting quantum computer with over 10,000 qubits by fiscal 2030. The target includes 250 logical qubits using its STAR architecture. The effort is part of Japan's national post- 5G development program, and includes support from RIKEN and AIST. Fujitsu will also pursue diamond spin-based qubits by 2035. It aims to build a system with 1,000 logical qubits that combine multiple qubit chips. The roadmap includes new work on chip interconnects, cryogenic controls, and error correction techniques. 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. Investor Takeaway This week's news shows a growing mix of hardware investment and applied use cases. Companies are starting to bridge lab-grade quantum systems with enterprise needs. Quantum-safe encryption, grid optimization, and chip design are moving forward without major changes to core infrastructure. Investors should watch for continued signs of progress in system integration, facility builds, and commercial partnerships. Cost efficiency, deployment scale, and ecosystem access remain key factors for future gains in this sector.
Yahoo
11-06-2025
- Business
- Yahoo
SEEQC Announces Collaboration With IBM Under DARPA's Quantum Benchmarking Initiative
Collaboration Boosts New York's Quantum Ecosystem to Advance U.S. Quantum Computing Leadership ELMSFORD, N.Y., June 11, 2025 /PRNewswire/ -- SEEQC, a leader in scalable and energy-efficient quantum technologies, today announced a strategic technical collaboration with IBM as part of the U.S. Defense Advanced Research Projects Agency's (DARPA) Quantum Benchmarking Initiative (QBI). The collaboration will explore integrating SEEQC's Single Flux Quantum (SFQ) chip-based control layer technologies with IBM's leading-edge quantum systems architecture. SEEQC envisions using its SFQ technologies to shrink and consolidate external racks of classical control hardware by transferring certain elements to a system-on-a-chip that operates adjacent to quantum chips within an ultra-cold dilution refrigerator. "SEEQC's work with IBM highlights both companies' contributions to the U.S. Government's investments into large-scale quantum computing capabilities," said John Levy, CEO and Co-Founder of SEEQC. "Our leading SFQ chip-based digital control technology improves the energy efficiency and functionality of quantum computing systems, and we're excited to build on our team's research." While SEEQC explores how SFQ control chips could enhance quantum system performance and reduce energy use in future systems, IBM will continue to progress on its IBM Quantum Development Roadmap, including its work to deliver a large-scale, fault-tolerant quantum computer. "IBM is on track with our IBM Quantum Roadmap to realize a fault-tolerant quantum computer by 2029," says Jay Gambetta, IBM Fellow and VP, IBM Quantum. "Controlling and scaling such large-scale quantum systems is a difficult engineering problem with many unresolved research questions. We are excited to collaborate with SEEQC, investigate these questions, and accelerate the progress toward our 2029 goal." While both companies maintain a global presence, SEEQC and IBM are deeply rooted in New York State's quantum ecosystem. SEEQC designs and tests its SFQ chips at its headquarters in Elmsford, while the IBM Quantum team primarily works out of the Thomas J. Watson Research Center in Yorktown Heights. "This collaboration between IBM and SEEQC showcases the strength of Westchester County's and New York State's ecosystem of expertise in quantum information sciences," said Deborah Novick, Director at the Westchester County Office of Economic Development and co-lead of the NY QUANTUM Consortium. "I am excited to see how the two organizations help advance quantum computing as part of DARPA's QBI." The Quantum Benchmarking Initiative reflects DARPA's broader mission to develop rigorous performance metrics and enable the design of practical, useful quantum computers for national and global challenges. The SEEQC-IBM collaboration exemplifies how New York's quantum ecosystem contributes to the entire "commercialization continuum" — from fundamental research and chip fabrication, to system integration and deployment. About SEEQCSEEQC is pioneering energy-efficient, scalable quantum computing through its proprietary Single Flux Quantum (SFQ) technology. Headquartered in Elmsford, New York, SEEQC designs and manufactures next-generation quantum control systems that integrate classical and quantum components on a single chip. Learn more at Media Contacts: SEEQCDavis Richardson, Paradox Public Relations dr@ IBMChris Nay, IBM Communications cnay@ View original content: SOURCE SEEQC Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
11-06-2025
- Business
- Yahoo
SEEQC Announces Collaboration With IBM Under DARPA's Quantum Benchmarking Initiative
Collaboration Boosts New York's Quantum Ecosystem to Advance U.S. Quantum Computing Leadership ELMSFORD, N.Y., June 11, 2025 /PRNewswire/ -- SEEQC, a leader in scalable and energy-efficient quantum technologies, today announced a strategic technical collaboration with IBM as part of the U.S. Defense Advanced Research Projects Agency's (DARPA) Quantum Benchmarking Initiative (QBI). The collaboration will explore integrating SEEQC's Single Flux Quantum (SFQ) chip-based control layer technologies with IBM's leading-edge quantum systems architecture. SEEQC envisions using its SFQ technologies to shrink and consolidate external racks of classical control hardware by transferring certain elements to a system-on-a-chip that operates adjacent to quantum chips within an ultra-cold dilution refrigerator. "SEEQC's work with IBM highlights both companies' contributions to the U.S. Government's investments into large-scale quantum computing capabilities," said John Levy, CEO and Co-Founder of SEEQC. "Our leading SFQ chip-based digital control technology improves the energy efficiency and functionality of quantum computing systems, and we're excited to build on our team's research." While SEEQC explores how SFQ control chips could enhance quantum system performance and reduce energy use in future systems, IBM will continue to progress on its IBM Quantum Development Roadmap, including its work to deliver a large-scale, fault-tolerant quantum computer. "IBM is on track with our IBM Quantum Roadmap to realize a fault-tolerant quantum computer by 2029," says Jay Gambetta, IBM Fellow and VP, IBM Quantum. "Controlling and scaling such large-scale quantum systems is a difficult engineering problem with many unresolved research questions. We are excited to collaborate with SEEQC, investigate these questions, and accelerate the progress toward our 2029 goal." While both companies maintain a global presence, SEEQC and IBM are deeply rooted in New York State's quantum ecosystem. SEEQC designs and tests its SFQ chips at its headquarters in Elmsford, while the IBM Quantum team primarily works out of the Thomas J. Watson Research Center in Yorktown Heights. "This collaboration between IBM and SEEQC showcases the strength of Westchester County's and New York State's ecosystem of expertise in quantum information sciences," said Deborah Novick, Director at the Westchester County Office of Economic Development and co-lead of the NY QUANTUM Consortium. "I am excited to see how the two organizations help advance quantum computing as part of DARPA's QBI." The Quantum Benchmarking Initiative reflects DARPA's broader mission to develop rigorous performance metrics and enable the design of practical, useful quantum computers for national and global challenges. The SEEQC-IBM collaboration exemplifies how New York's quantum ecosystem contributes to the entire "commercialization continuum" — from fundamental research and chip fabrication, to system integration and deployment. About SEEQCSEEQC is pioneering energy-efficient, scalable quantum computing through its proprietary Single Flux Quantum (SFQ) technology. Headquartered in Elmsford, New York, SEEQC designs and manufactures next-generation quantum control systems that integrate classical and quantum components on a single chip. Learn more at Media Contacts: SEEQCDavis Richardson, Paradox Public Relations dr@ IBMChris Nay, IBM Communications cnay@ View original content: SOURCE SEEQC
