IonQ and Emergence Quantum have partnered on quantum hardware innovation in Australia, expanding on existing ion trap technology and co-developing next-generation electronics and materials. Sealsq is establishing a $30M cryptocurrency investment fund to support its post-quantum cryptography initiatives. D-Wave Quantum's study found 46% of surveyed business leaders expect a return on investment of $1M-$5M and 27% expect over $5M in the first 12 months from quantum optimization. JPMorgan Chase has appointed a new head of its global payments business.
In a significant move towards advancing quantum technology, IonQ (IONQ) has partnered with Emergence Quantum, an Australian firm specializing in quantum hardware advancements. This strategic collaboration aims to enhance ion trap technology by co-developing next-generation electronics and materials [1]. The partnership will focus on designing application-specific integrated circuits for qubit control and simplifying hardware while increasing system capacity. Additionally, they will explore innovative materials and deposition methods to improve ion trap performance [1].
Meanwhile, SEALSQ (LAES) has announced a strategic commitment of up to $30 million for a cryptocurrency investment fund to support its post-quantum cryptography initiatives. The fund will invest in a diversified portfolio including QAIT (SEALCOIN), WeCan Token, Hedera (HBAR), Bitcoin (BTC), and Ethereum (ETH) [2]. This initiative aims to strengthen SEALSQ's position in the blockchain and post-quantum space by supporting machine-to-machine (M2M) transactions and advancing quantum-resistant decentralized finance (QR-DeFi) [2].
These developments come amidst a growing interest in quantum technologies. A study by D-Wave Quantum found that 46% of surveyed business leaders expect a return on investment of $1M-$5M and 27% expect over $5M in the first 12 months from quantum optimization [3]. Furthermore, JPMorgan Chase has appointed a new head of its global payments business, signaling a shift towards leveraging quantum technologies in financial services [4].
References:
[1] https://www.gurufocus.com/news/2996784/ionq-ionq-partners-with-emergence-quantum-to-enhance-quantum-technology-ionq-stock-news
[2] https://www.stocktitan.net/news/LAES/sealsq-commits-up-to-30-million-in-cryptocurrency-treasury-to-cqinq9gdvu4k.html
[3] https://www.dwavesys.com/blog/dwave-quantum-computing-study-finds-46-of-business-leaders-expect-return-on-investment-of-1m-5m-in-first-12-months
[4] https://www.jpmorgan.com/about-us/global-payments
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