Welcome to the Monday edition of quantum computing news. In this issue, we cover a new White House tech plan, fresh moves in space systems, a new push for secure data links in the Gulf, a rise in state projects in the U.S., and a major tech plan in Japan. Now, let us take a look.
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White House Picks Key Quantum Partners
We begin with the U.S. A new plan, the Genesis Mission, gives a short list of firms access to a network of top labs run by the Department of Energy. These sites hold gear that is hard to match and that can help with new chip work. The list includes Quantinuum, International Business Machines Corporation (IBM), Alphabet (GOOGL), Microsoft (MSFT), and NVIDIA (NVDA).
In prior weeks, the quantum stock group saw sharp shifts. Last year, gains ran high after news about Alphabet’s Willow chip. Stocks like D-Wave Quantum (QBTS), IonQ (IONQ), and Rigetti Computing (RGTI) rose fast. Then, early this year, shares gave back much of those gains after comments from Nvidia’s CEO on long-term lines for real quantum use.
This new plan provides clear support for the firms on the list. It also gives a test for firms that did not make the cut as they head into the next round of calls with Wall Street.
Abu Dhabi Backs New Space Link Tests
Next, we turn to Abu Dhabi. The Technology Innovation Institute has launched a new joint plan with Honeywell (HON) to develop a safe way to send data between a satellite and a ground site. The plan will use light to set keys that can help block threats, as the world may soon have real quantum gear.
As part of this work, Honeywell will link its space tool with a ground site in Abu Dhabi so teams can test long-range work that does not need fiber lines. This helps with the aim to establish safe links for banks, firms, and state groups. It also helps the region build a role in the field with support from both tech and space teams.
New State Push in Utah
A group named UtahQuantum has set out to help users tie quantum gear into real systems. The firm has a team with long-standing expertise in tech, state work, and secure planning.
The team wants to join schools, the state, and defense groups to help firms move from tests to real tools. Early plans touch on safe data, chip work, and scan tools. Working with the state and schools may help build a broader user base in the region.
Quantum Tools Lift Space Tests
We move on to a new plan from Voyager Technologies and Infleqtion. The two firms want to build quantum tools for space so teams can set time, scan paths, and send data with more care. One part of the plan will put a quantum clock on the International Space Station.
Tests will help firms see how well these tools work in space. A clock that holds steady in orbit can help with ship paths, data links, and other key tasks. The firms plan to bring these tools to a new site named Starlab once it is set to fly.
Japan Plans Major Tech Spend
Lastly, Japan has set a new plan to back quantum, AI, and fusion with about $2.6 billion in fresh support. Nearly $855 million will go to new quantum sites run by the National Institute of Advanced Industrial Science and Technology. Nearly $22 million will help join schools and labs to work on new ideas.
Funds for AI will reach nearly $1.25 billion. Parts of this spend will go back to work on lab care, auto drive tests, and new chip tools. The rest of the plan gives more than $660 million to fusion with grants for new firms and new test gear.
Japan sees these fields as key to long-term growth. The new plan marks a rise in support as the state looks to keep pace with peers in Asia, Europe, and the U.S.
We used TipRanks’ Comparison Tool to line up all the quantum stocks mentioned in the piece. It’s a quick way to see how they stack up and where the field could be heading.
