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Crane Harbor Acquisition Corp. (Nasdaq: CHAC) shareholders have approved the business combination with Xanadu Quantum Technologies Inc., scheduled to close on March 26, 2026. The resulting entity, Xanadu Quantum Technologies Limited, is expected to begin trading on the Nasdaq and the Toronto Stock Exchange (TSX) on March 27, 2026, under the ticker symbol "XNDU". This transaction establishes Xanadu as the first publicly listed photonic quantum technology company. The merger is expected to provide gross proceeds of approximately US$302 million, consisting of funds from Crane Harbor’s trust account and a committed private placement (PIPE). This capital is separate from a proposed investment [...]

Zapata Quantum has announced the formation of a new Growth Advisory Board (GAB) to drive its commercial strategy and enterprise adoption across vertical markets. The company has appointed three industry veterans to the board: Steve Suarez, CEO of HorizonX and former McKinsey Senior Advisor, who brings expertise in enterprise quantum readiness frameworks. Steven Lau, CEO of WorldQuant Foundry and an early investor in several leading quantum hardware firms. M. Jeff Brittain, Managing Director at the FedEx Institute of Technology and former IT leader at Bayer and Merck, who will support application development in supply chain and pharmaceuticals. These appointments strengthen Zapata's [...]

Horizon Quantum Computing has finalized its business combination with dMY Squared Technology Group, Inc., a special purpose acquisition company (SPAC). Following shareholder approval on March 17, 2026, the combined entity will officially begin trading on the Nasdaq on March 20, 2026. The company’s Class A ordinary shares will list under the ticker symbol “HQ”, while its warrants will trade under “HQWWW”. The transaction generated approximately $120 million in gross proceeds. Horizon Quantum intends to allocate these funds toward accelerating research and development, expanding its hardware testbed, and refining its Triple Alpha integrated development environment (IDE). The merger positions the Singapore-based firm [...]

Qilimanjaro Quantum Tech has announced SpeQtrum QaaS, a cloud-based Quantum as a Service platform providing remote access to its multi-modal data center in Barcelona. The facility integrates digital quantum processing units (QPUs), analog QPUs based on fluxonium qubits, and classical High-Performance Computing (HPC) accelerators within a unified framework. This tri-modal architecture is designed to support quantum workflows in simulation, optimization, and AI model training by combining different computational paradigms to address specific industrial and academic use cases. The integration of analog and digital QPUs aims to reduce error rates and circuit depths compared to digital-only systems. Analog quantum processors encode problems [...]

Alice & Bob has reported a 9.25x speedup in quantum error correction (QEC) decoding simulations by utilizing the NVIDIA CUDA-Q platform. The runtime for decoding simulated syndrome data was reduced from 18 hours and 2 minutes on a CPU-based implementation to 1 hour and 57 minutes using GPU-accelerated simulation. This benchmark compared the performance of an NVIDIA GH200 Grace Hopper system against an AMD Ryzen™ 9 9950X 16-core CPU across 100,000 simulated shots. The results indicate that the GPU-accelerated approach maintains identical logical error performance compared to the CPU version, with no degradation in decoding accuracy. The simulation focused on "Elevator Codes," [...]

The U.S. Department of Energy (DOE) has issued a significant new Request for Application (RFA), DE-FOA-0003612, titled the Genesis Mission. This interdisciplinary initiative aims to leverage novel artificial intelligence (AI) models and frameworks to accelerate scientific discovery and R&D workflows across the Department's mission space. With a total anticipated funding pool of $293.76 million allocated among thirty different Challenge Areas. Of particular interest to the quantum community are Challenge Areas 7 and 8, which focus on the convergence of AI and quantum information science (QIS) to overcome current computational and hardware limitations. The program is structured in two phases to transition [...]

Xanadu Quantum Technologies, in collaboration with the University of Toronto and the National Research Council of Canada (NRC), has unveiled a novel quantum algorithm designed to accelerate the discovery of next-generation battery materials. The research, published as a pre-print, focuses on simulating Resonant Inelastic X-ray scattering (RIXS), a high-fidelity characterization technique used to monitor how high-capacity batteries degrade over time. By accurately modeling RIXS spectra, the team aims to stabilize lithium-excess cathode active materials, which are critical for the development of higher-energy-density power sources but have remained historically difficult to analyze via classical computational methods. The technical core of the breakthrough [...]

The Technology Innovation Institute (TII) has integrated its Quantum Computing Cloud Platform with the NVIDIA CUDA-Q environment to provide global access to its in-house quantum hardware. This integration allows researchers to submit quantum jobs to TII’s physical Quantum Processing Units (QPUs) and simulators using the CUDA-Q programming interface. The initiative is intended to incorporate the UAE’s sovereign quantum infrastructure into the global hybrid high-performance computing (HPC) fabric, facilitating experimentation in materials science, cryptography, and optimization. The platform offers a "write-once, run-anywhere" experience through two pathways: a native Python client for direct deployment to TII’s cloud and standardized CUDA-Q interfaces in Python [...]

Experimental results obtained from solving MIS for a 15 and 27 nodes/qubits graphs, using Pasqal’s Orion Alpha quantum processor Pasqal and Kipu Quantum have published research in npj Unconventional Computing demonstrating the experimental implementation of Analog Counterdiabatic Quantum Computing (ACQC) on neutral-atom processors. The study applies ACQC to the Maximum Independent Set (MIS) problem, a combinatorial optimization task that involves identifying the largest subset of non-adjacent nodes in a graph. The methodology utilizes hardware-specific control waveforms to drive quantum evolution more rapidly than standard adiabatic protocols. The experiments were conducted on systems featuring up to 100 qubits, specifically addressing the trade-off [...]

Rhonexum, a spin-out from the AQUA Lab at EPFL, has raised $1 million in pre-seed funding to develop cryogenic electronics for quantum computing scalability. The investment round was led by QDNL Participations, with additional support from Venture Kick, the Swiss National Science Foundation (SNSF), and Fondation pour l'Innovation Technologique (FIT). Founded in November 2025 by Vicente Carbon and Dr. Hung-Chi Han, the Lausanne-based startup focuses on designing integrated circuits that operate at temperatures near absolute zero (< 4K), addressing the "cabling bottleneck" that occurs when routing thousands of coaxial cables from room-temperature controllers to a dilution refrigerator. The company utilizes proprietary [...]