Why is it the year of quantum already? For starters, there’s a new development almost weekly. Pure play quantum stocks are hot but have cooled off a bit. Hyperscale cloud players are deadly serious about quantum as AWS, Microsoft Azure and Google Cloud all have credible efforts underway. Quantinuum is threading the needle between AI and quantum computing. IBM is scaling. And there are real use cases out there as companies like IonQ are citing projects with DARPA, Astra Zeneca and others.<\/p>\n
Here’s what’s happened so far in 2025.<\/p>\n
January<\/p>\n
February<\/p>\n
<\/p>\n
March<\/p>\n
April<\/p>\n
\tIBM said it will spend $30 billion in R&D in the US as part of a broader $150 billion spend. That R&D in part will be devoted to quantum computing. IBM CEO Arvind Krishna said on the company\u2019s first quarter earnings call: “In Quantum, we are proud to partner with the Basque Government to deploy Europe’s first IBM Quantum System 2 in Spain, a milestone in global Quantum leadership.” IBM also published a paper on how quantum addresses problems in combinatorial optimization<\/a>. May<\/p>\n \tIonQ went shopping again with the acquisitions of Lightsynq Technologies, a startup focused on photonic interconnects and quantum memory, and Capella Space, which specializes in quantum space networks. See: IonQ\u2019s plan: Quantum networks extending into space<\/a> June<\/p>\n \tIonQ said it will acquire UK’s Oxford Ionics in a deal valued at $1.075 billion<\/a> in mostly stock and $10 million in cash. The deal is designed to accelerate IonQ’s quantum computing roadmap and establish a global hub for research and development. July<\/p>\n \tD-Wave raised $400 million<\/a> with an At-the-Market equity offering. The move left D-Wave with about $815 million in cash. D-Wave also outlined a strategic development effort to advance cryogenic packaging.<\/p>\n August<\/p>\n \tD-Wave\u00a0released a collection of developer tools<\/a> for quantum AI and machine learning. September<\/p>\n \tQuantum networking coming into focus<\/a> with IonQ and Cisco playing roles. October<\/p>\n \tQuantum computing companies, often with minimal or no revenue, raise funds at a brisk pace to fortify balance sheets. Raise money when you don’t need to is a good motto for CFOs to have.\u00a0Even after a recent pullback Rigetti shares are up 200% on the year and IonQ is up 50%. D-Wave is up 356%.\u00a0 What now?<\/p>\n One thing worth noting here is that we\u2019re really looking at the year of quantum readiness and development rather than deployment. That said, CxOs need to start thinking about quantum. Constellation Research analyst Holger Mueller broke down how you should be thinking about the year of quantum.<\/p>\n \tIf you have to protect your IP against state actors you need to do quantum key encryption today.
\n\tIonQ moved to expand its reach. It\u00a0established a quantum computing and networking hub in Chattanooga, Tennessee in a $22 million deal. The company also outlined an agreement with Toyota Tsusho and AIST to expand quantum computer reach in Japan. IonQ also signed a memorandum of understanding with Intellian to extend into South Korea. IonQ also said its Forte Enterprise system is available through Amazon Braket.
\n\tD-Wave and Davidson Technologies, a defense technology company, assembled D-Wave’s Advantage2 annealing quantum system at Davidson’s Huntsville, Alabama headquarters.
\n\tClassiq, a quantum software development company, and Wolfram Research joined CERN\u2019s Open Quantum Institute (OQI). The two companies will target quantum-based technologies to optimize electrical networks.
\n\tResearchers at Tokyo University of Science, Japan unveiled DSAPS<\/a>, a chip system that overcomes capacity and precision limits with dual scalable annealing processors.
\n\tU.S. Defense Advanced Research Projects Agency\u2019s (DARPA) Quantum Benchmarking Initiative (QBI)<\/a> selected host of companies to evaluate a variety of technologies for creating quantum bits. The companies include: Alice & Bob, Atlantic Quantum, Atom Computing,\u00a0Diraq,\u00a0Hewlett Packard Enterprise, IBM, IonQ,\u00a0Nord Quantique, Oxford Ionics,\u00a0Photonic Inc., Quantinuum, Quantum Motion, QuEra Computing, Rigetti Computing, Silicon Quantum Computing Pty. Ltd. and Xanadu.<\/p>\n
\n\tIBM launched a Flex Plan<\/a> for access to its quantum computing hardware in a move that aims to expand access for organizations, enterprises and researchers who want access without monthly limits. The IBM Quantum Flex Plan provides access on day one with an entry point of $30,000+ to gain access to Big Blue’s entire fleet of quantum systems. Flex plan users will also get the advanced software features, support and early access to new releases.
\n\tClassiq, a quantum computing software company, said it raised $110 million in Series C funding<\/a>. The company is looking to build the software stack for quantum computing. The funding<\/a>, led by Entr\u00e9e Capital and a bevy of other investors, will be used to build Classiq’s go-to-market, customer success and R&D teams globally.
\n\tD-Wave Quantum said its Advantage2 annealing quantum computer is now commercially available<\/a> and is likely to contribute to revenue growth. Advantage2 is available<\/a> via D-Wave’s Leap quantum cloud service as well as on-premises deployments. Dr. Alan Baratz, CEO of D-Wave, said the system is a milestone in the company’s development and able to “solve hard problems outside the reach of one of the world\u2019s largest exascale GPU-based classical supercomputers.”
\n\tCisco is entering the quantum computing networking ring<\/a> with a lab and prototype processor. The move is notable since Cisco is a networking giant in the enterprise. In addition, quantum networking has been seen as a key piece of infrastructure.<\/p>\n
\n\tQuantum Computing Inc. raised $200 million with an At-the-Market equity offering.
\n\tIBM and Riken, a national research laboratory in Japan, unveiled the first IBM Quantum System Two ever to be deployed outside of US. The quantum computer will be co-located with Riken’s supercomputer Fugaku.
\n\tRigetti completed a $350 million At-the-Market equity offering.
\n\tIBM updated its quantum computing<\/a> roadmap heading into IBM Quantum Starling, a large-scale fault-tolerant quantum system in 2029. Big Blue said IBM Quantum Starling will be delivered by 2029 and installed at the IBM Quantum Data Center in Poughkeepsie, New York. That system is expected to perform 20,000 times ore operations than today’s quantum computers.<\/p>\n
\n\tRigetti Computing said its 36-qubit multi-chip quantum computer is generally available<\/a> and outlined a plan to build a 100-qubit system with 99.5% fidelity by the end of 2025, but quantum advantage is likely 4 years away. Second quarter results fell short of estimates.
\n\tIonQ, which has been on an acquisition spree<\/a>, reported second quarter results<\/a> with a net loss of $177.5 million on revenue of $20.7 million. IonQ had $1.6 billion of pro forma cash and equivalents as of July 9. IonQ also filled out its leadership team with David Chung as VP, Corporate Development; Shad Reed as VP, Engineering Public Sector; Petrina Zaraszczak as VP, Business Operations & Integration; and Sterling Zumbrunn as VP, Product Management Networking.
\n\tIBM, AMD eye hybrid quantum computing, supercomputer architectures<\/a>.
\n\tMicrosoft rolls out quantum safe plan, timelines<\/a>.
\n\tQuantinuum fleshes out quantum software stack with open source Guppy, Selene<\/a>.<\/p>\n
\n\tMicrosoft said it will build quantum center in Maryland<\/a>.
\n\tRigetti said it landed two orders for quantum computing systems for $5.7 million. Rigetti also announced a $5.8 million AFRL contract with QphoX.
\n\tQuantum Computing closed a private placement of common stock to raise $500 million.
\n\tIonQ announced purchase of Vector Atomic, completed the Oxford Ionics acquisition and inked a US Department of Energy memorandum of understanding to deploy quantum technology in space.
\n\tIonQ launched a federal unit to focus on US government use cases. The company also named Inder M. Singh as Chief Financial Officer and Chief Operating Officer.
\n\tSPACs are back as Horizon Quantum said it would go public via a merger with dMY Squared Technology Group.<\/p>\n
\n\tSwiss Quantum Technology inked a \u20ac10 million to deploy D-Wave’s Advantage2 system.
\n\tThe Basque Government and IBM launched Europe’s first IBM Quantum System Two in Donostia-San Sebasti\u00e1n.
\n\tIonQ priced a $2 billion equity offering to fortify its balance sheet following a run-up. IonQ also completed its acquisition of Vector Atomic.
\n\tArqit Quantum said its second quarter revenue wil be $460,000 to $470,000 with fiscal 2025 revenue of $525,000 to $535,000. The company had $36.9 million in cash.
\n\tQuantum Computing announced a private placement of common stock to raise $750 million.<\/p>\n
\n\tIf you have smaller planning and simulation issues in your business – get your pilot going.
\n\tIf you are on process manufacturing, chemical, pharma etc. – you must have quantum pilots. You likely have them on annealing and laser gate already but need to keep an eye on all super conducting players.
\n\tEverybody else can sit back and get the popcorn but keep an eye on medium scale planning and simulation. All enterprises have those. On the tech side, watch stabilization, componentization and then scale loop. IBM is the most advanced and learn from their process. <\/p>\n","protected":false},"excerpt":{"rendered":"Quantum computing is hogging the headlines in 2025 and it’s ok to say it’s the year of quantum–or…\n","protected":false},"author":2,"featured_media":225355,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[64,63,257,105],"class_list":["post-225354","post","type-post","status-publish","format-standard","has-post-thumbnail","category-computing","tag-au","tag-australia","tag-computing","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/225354","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=225354"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/225354\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/225355"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=225354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=225354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=225354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}