Quantum sensing startup QCTRL raises another $27.4M

News Summary

  • Two quantum-adjacent technologies — quantum sensing (QS) and quantum communication (Qcomm) — are as important as quantum computing hardware itself since they help make quantum computers function more accurately.
  • “Q-CTRL’s products are essential for enterprise adoption of quantum computing, and their use of AI is delivering critical insights across hardware platforms that no one else can match.” Quantum Machines continues to grow in spite of economic uncertainity
  • Last October, Q-CTRL, which focused on making quantum computers useful (sooner), launched a learning platform, Black Opal Enterprise, designed to help corporations and organizations understand quantum computing to build quantum-ready teams.
  • Q-CTRL’s frictionless quantum infrastructure software has a shallow learning curve and allows CIOs and CTOs to become quantum ready today, reducing enterprise risk,” said Heather West, IDC research manager, in a statement.
  • The startup has more than 8,000 users, including government contracts with the U.S., defense agencies in Australia and quantum computing companies like Rigetti, IonQ, IBM, Atom Computing, Alice & Bob, Nord Quantique and Pasqal, among others.
  • The company did not provide valuation information, but says it will use the proceeds to continue developing its quantum technology, concentrating on product engineering, sales and marketing capacity.
Two quantumadjacent technologies quantum sensing (QS) and quantum communication (Qcomm) are as important as quantum computing hardware itself since they help make quantum computers function more [+3960 chars]