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IonQ Opens Manufacturing Facility: Week in Brief: 01/27/23

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PARIS, Jan. 27, 2023 — PASQAL, a developer of neutral atom quantum computing, secured a €100 million ($109 million) equity series B round led by new investor Temasek, a global investment company based in Singapore. Other new investors include European Innovation Council (EIC) Fund, Wa’ed Ventures, and Bpifrance, through its Large Venture Fund. Continuing investors include Quantonation, the Defense Innovation Fund, Daphni, and Eni Next. TORONTO — The government of Canada is providing $40 million of funding to enable Xanadu Quantum Technologies to build and commercialize a photonic...Read full article

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    Published: January 2023
    Glossary
    quantum
    The term quantum refers to the fundamental unit or discrete amount of a physical quantity involved in interactions at the atomic and subatomic scales. It originates from quantum theory, a branch of physics that emerged in the early 20th century to explain phenomena observed on very small scales, where classical physics fails to provide accurate explanations. In the context of quantum theory, several key concepts are associated with the term quantum: Quantum mechanics: This is the branch of...
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