January 19, 2025

Scottish M Squared granted awards of £2.9M

Scottish Enterprise, Scotland’s national economic development agency, has awarded a £2.9 million ($3.5M / €3.2M) Research and Development grant to M Squared, a photonics and quantum technology company based in Glasgow. The funding will be used […]

Why big banks could soon jump on the quantum bandwagon

If you’re trying to model an uncertain economic future, consider using a machine that runs on probability. Researchers from IBM, ETH Zurich and J.P. Morgan have recently figured out how to run a simplified risk calculation on […]

ABN AMRO and Qutech link up to improve banking security

Dutch bank ABN AMRO has partnered with quantum leader Qutech to improve security for banks. The two companies are working to develop a technology based on Quantum Key Distribution (QKD) to tackle security issues. (pymnts.com) Read more.

Russia divvies up quantum development

The Russian government has signed a number of agreements with several state-owned enterprises to distribute responsibilities for the development of a wide range of technologies. Under the new contracts, Russian Railways will manage the development […]