EU official calls for consolidation among Europe’s quantum startups
EU official calls for consolidation among Europe’s quantum startups

The EU’s forthcoming Quantum Act will not come with a dedicated budget.  “The act is not about budget,” said Thomas Skordas, deputy director-general of the European Commission’s DG CNECT, at a European Parliament event last week, on 3rd of September. “…

Novo Nordisk Foundation to build $62M quantum chip plant in Copenhagen
Novo Nordisk Foundation to build $62M quantum chip plant in Copenhagen

Europe is getting a factory for quantum chips rather than another quantum computer. Quantum Foundry Copenhagen, owned by the Novo Nordisk Foundation, is building a 5,300-square-metre facility in the Danish capital that is due to open in 2027 and will o…

France’s Pasqal is public, with $360M and a valuation of about 100 times revenue
France’s Pasqal is public, with $360M and a valuation of about 100 times revenue

Pasqal began trading on Nasdaq on Friday under the ticker PSQL, five months after announcing it would go public through a special purpose acquisition company. Shares surged on the debut, according to Reuters. The merger with Bleichroeder Acquisition Co…

Oracle is putting a Quantinuum quantum computer inside its own data centre
Oracle is putting a Quantinuum quantum computer inside its own data centre

Oracle and Quantinuum have agreed a multi-year partnership under which Quantinuum will physically install its Helios quantum computer inside a US Oracle Cloud Infrastructure AI data centre, and Oracle will sell access to it as a managed OCI service. No…

IBM just bought a quantum bet it doesn’t build. Days later, the payoff hit Nature.
IBM just bought a quantum bet it doesn’t build. Days later, the payoff hit Nature.

Six days ago, IBM agreed to buy a quantum-computing lab that builds a kind of qubit IBM does not. This week, the lab showed the world why. HRL Laboratories published a result in Nature on Wednesday: a silicon quantum processor that, in effect, runs its…

ZuriQ raises $25.5M to scale its 2D quantum architecture
ZuriQ raises $25.5M to scale its 2D quantum architecture

ZuriQ, a Swiss quantum computing company spun out of ETH Zürich, has raised $25.5 million in a seed round to scale the trapped-ion processors it is building on a new two-dimensional architecture. The money builds on the $4.2 million pre-seed round the …

Pasqal’s SPAC filings reveal a $2bn French quantum bet, and a French kill switch
Pasqal’s SPAC filings reveal a $2bn French quantum bet, and a French kill switch

France’s Pasqal is heading to Nasdaq at a $2bn valuation, roughly 100 times its revenue. Its own filings spell out two things. Quantum computing might never pay off. And Paris can veto who owns the company. Pasqal, the French quantum-computing firm, is…

Trump signs orders calling for a powerful quantum computer by 2028
Trump signs orders calling for a powerful quantum computer by 2028

Two executive orders set a research-grade target, push the post-quantum cryptography deadline to 2031, and tie $2bn in grants to government equity stakes. President Donald Trump signed two executive orders on quantum computing on 22 June 2026, the firs…

PsiQuantum breaks ground in Australia on what it says will be the world’s first utility-scale quantum computer
PsiQuantum breaks ground in Australia on what it says will be the world’s first utility-scale quantum computer

PsiQuantum has broken ground on a facility in Moreton Bay, Queensland, where it plans to build and deploy what it calls the world’s first utility-scale, fault-tolerant quantum computer. The site will eventually hold tens of thousands of photonic quantu…

IQM adds a Vanguard board director to its bench as Europe’s first quantum Nasdaq listing approaches
IQM adds a Vanguard board director to its bench as Europe’s first quantum Nasdaq listing approaches

IQM Quantum Computers, the Finnish maker of superconducting quantum systems, has appointed Barbara Venneman to its board of directors as the company approaches what would be the first Nasdaq listing by a European quantum computing company. Venneman cur…