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quantum-computingPurdue University Launches Comprehensive Quantum Degrees Program
Purdue University Launches Comprehensive Quantum Degrees Program Purdue University has announced the launch of a multi-tiered Quantum Degrees Program, a collaborative initiative between the College of Engineering and the College of Science. The program is designed to address a critical bottleneck in the “Quantum Prairie” ecosystem: the need for a scalable, technically proficient workforce. With regional job growth in quantum technology projected to increase by 550% between 2030 and 2035, Purdue’s curriculum spans undergraduate, graduate, and professional levels to provide “quantum literacy” at scale. Multi-Level Curricular Offerings The program features several entry points tailored to different academic and professional backgrounds, combining theoretical physics with applied engineering: Undergraduate: A joint Quantum Information Science and Technology Certificate, a specialized Quantum Technology concentration for Electrical Engineering, and a Quantum Science minor. Graduate: Residential and Online Master of Science degrees in Quantum, along with specialized PhD concentrations in Quantum Interdisciplinary Studies and Electrical and Computer Engineering. Professional Development: A MicroMasters in Quantum Technology focused on computing and sensing, designed for working professionals seeking to pivot into the quantum industry. Strategic Infrastructure and Partnerships The program leverages Purdue’s existing leadership in quantum research and its status as a top-20 university for quantum computing. Central to the training environment is the Purdue Quantum Science and Engineering Institute (PQSEI), which hosts over 65 faculty members. Students will have access to the Birck Nanotechnology Center and the Microsoft Quantum Lab, West Lafayette, where Microsoft employees work alongside Purdue faculty on next-generation hardware. Furthermore, Purdue serves as the lead institution for the NSF-backed Center for Quantum Technologies and is a key member of the Chicago Quantum
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quantum-computingXanadu Profits Miss, Revenue Tops Estimates
Xanadu posted a bigger-than-expected Q1 loss while revenue topped estimates as quantum computing stocks report mixed results this earnings period. The post Xanadu Profits Miss, Revenue Tops Estimates appeared first on Investor's Business Daily.
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quantum-computingInfleqtion Reports Record Q1 Revenue as Customer Demand Accelerates
Updating 2026 revenue outlook to at least $40 million supported by expanding customer activity across the Company’s quantum portfolio LOUISVILLE, Colo.–May 14, 2026– Infleqtion (NYSE: INFQ) (the “Company”) a global leader in quantum computing and quantum sensing powered by neutral-atom technology, today reported Q1 2026 revenue of $9.5 million, up 14% year over year. Q1 performance reflected continued execution across the Company’s quantum computing, sensing, and software portfolio, supported by expanding customer activity in national security, space, and hybrid quantum-AI applications. First Quarter 2026 Financial Highlights Record Q1 revenue of $9.5 million, up 14% year over year; 100% organic and 100% from quantum GAAP loss from operations of $33.6 million Non-GAAP loss from operations of $13.2 million, which excludes stock-based compensation, acquisition and integration costs and go-public transaction expenses Net cash used in operations of $19.2 million with capital expenditures of $0.3 million Cash, cash equivalents and available-for-sale securities of $569 million as of March 31, 2026 Updated 2026 Guidance Increased revenue guidance for 2026 to at least $40 million supported by expanding customer activity across the Company’s quantum portfolio Recent Milestones and Commercial Progress Announced Infleqtion’s role as a collaborator on NASA JPL’s Quantum Gravity Gradiometer Pathfinder mission, supported by $20 million in contracts to date Delivered upgraded quantum hardware for NASA’s Cold Atom Lab aboard the International Space Station building on Infleqtion’s quantum technology opera
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quantum-computingIs It Time to Consider Rigetti Computing as Revenue Soars?
By Geoffrey Seiler – May 14, 2026 at 4:00PM ESTKey PointsRigetti saw its revenue surge from a small base.The company is still dealing with accuracy issues with its quantum systems. Despite its revenue surge, Rigetti Computing's (RGTI +4.97%) share price fell after the company reported its Q1 results. The stock is one of a group of quantum computing stocks that have captured the imagination of investors about what the future may hold for the emerging technology. Not surprisingly, the stock has been volatile. Its share price is up around 60% over the past year but down nearly 70% from its 52-week high. Let's take a closer look at the company's results and prospects to see if this is a buying opportunity. Image source: The Motley Fool. Revenue surges, but questions remain After its revenue tumbled last quarter, Rigetti saw it triple to $4.4 million in Q1. It also came in above the analyst consensus of $4.09 million. Most of the revenue came from Rigetti's Novera quantum processing unit (QPU), as it completed the sale of a system to the University of Saskatchewan. Meanwhile, Rigetti's gross margins rose from 30% to 31%, and its operating expenses jumped 24% to $7.3 million. Its adjusted EPS loss of $0.04 narrowed from a $0.06 loss a year earlier and also topped the $0.05 consensus. After previous delays due to accuracy issues, the company made its Cepheus-1-108Q quantum system available to customers across several quantum platforms. The company said Cepheus-1-108Q is the world's largest generally available modular quantum computing system. Rigetti's systems are best known for their speed, but they have tended to lag behind in accuracy. It said Cepheus-1-108Q's 2-qubit fidelity is currently around 99.1%, while single-qubit fidelity is 99.9%. While that may sound accurate, it is actually extremely error-prone in the world of computing. Meanwhile, even after the delay, it missed the 99.5% median 2-qubit gate fidelity it had been hoping to achieve. In comparison, rival IonQ
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IQM and Real Asset Acquisition Corp. Reach F-4 Filing Milestone
IQM and Real Asset Acquisition Corp. Reach F-4 Filing Milestone IQM Quantum Computers and Real Asset Acquisition Corp. (RAAQ) have announced the public filing of a Form F-4 Registration Statement with the SEC. This filing is a critical procedural requirement for their proposed business combination, moving IQM toward becoming the first European quantum computing company to list on a major U.S. exchange. The transaction, first announced in February 2026, values IQM at a pre-money equity valuation of $1.8 billion. Upon completion, the combined entity will list American Depositary Shares on the Nasdaq Global Exchange under the ticker symbol “IQMX”, with a potential dual listing on Nasdaq Helsinki to follow. Financial and Operational Strength The filing highlights IQM’s significant commercial momentum and industrial infrastructure. The company reported 2025 revenue of $36 million and over $100 million in bookings as of year-end. Key operational metrics include: Global Sales: 23 systems sold to date, including four of the world’s top 10 supercomputing centers. Deliveries: 15 systems delivered, which IQM notes is the largest publicly disclosed number of on-premises deliveries in the industry. Vertical Integration: IQM maintains its own chip factory, assembly line, and quantum data center to ensure full-stack sovereignty for its customers. Transaction Capital and Growth Strategy The merger is expected to leave IQM with a cash position of up to $465 million (EUR 397 million). This includes approximately $175 million from RAAQ’s trust account, $134 million from a PIPE (Private Investment in Public Equity) financing at $10.00 per share, and $172 million in existing cash from IQM’s balance sheet. CEO Jan Goetz stated that the transition to public markets will provide the stable capital platform necessary to accelerate the company’s roadmap toward large-scale, fault-tolerant quantum computing. The transaction is expected to close in late Q2 or early Q3 2026, subject to sharehold
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quantum-computingScientists Just Measured an Energy Pulse Smaller Than a Trillionth of a Billionth of a Joule
Science Scientists Just Measured an Energy Pulse Smaller Than a Trillionth of a Billionth of a JouleBy Aalto UniversityMay 14, 20263 Mins Read Facebook Twitter Pinterest Telegram LinkedIn WhatsApp Email Reddit Share Facebook Twitter LinkedIn Pinterest Telegram Email Reddit Researchers in Finland have developed an ultra-sensitive calorimeter capable of detecting energy levels below one zeptojoule. Credit: Ella Maru StudioA newly developed quantum sensor has measured unimaginably small amounts of energy with record-breaking precision.A newly developed technique for measuring unimaginably small amounts of energy could help advance quantum computing and improve the search for dark matter. The method is sensitive enough to detect less than a trillionth of a billionth of a joule and may eventually allow scientists to count individual photons.Quantum mechanics operates at extremely small scales, so researchers are continually developing more precise tools to study particles such as photons, which carry light. Better measurements could improve quantum technologies and help scientists detect hypothetical dark matter particles known as axions.Researchers in Finland recently used an ultra-sensitive heat-based sensor called a calorimeter to measure energy levels below one zeptojoule, equal to one trillionth of a billionth of a joule. For comparison, a zeptojoule is about the amount of energy needed to move a red blood cell upward by one nanometer in Earth’s gravity.The research team was led by Academy Professor Mikko Möttönen at Aalto University in collaboration with quantum computing company IQM and the Technical Research Centre of Finland (VTT). Their findings were published in Nature Electronics.How the Sensor WorksMeasuring energy at this scale is extremely challenging. To perform the experiment, the researchers sent a microwave pulse into a sensor made from two types of metals: superconductors, which allow electrical signals to move freely, and standard conductors, which c
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