Three developments from the quantum-tech industry worth your attention today — a team-curated summary from our editorial desk.
Xanadu and GlobalFoundries Partner to Bring Photonic Quantum Components to a 300 mm Line
Xanadu Quantum Technologies and GlobalFoundries (GF) announced a multi-year strategic partnership on 6 October to support high-volume production for utility-scale quantum computing. Production is planned on GF’s 300 mm line in Malta, New York, with the initial focus on ultra-low-loss silicon nitride photonics and superconducting nanowire single-photon detectors (SNSPDs), which Xanadu has adopted as its photon-number-resolving detector platform. The companies say the output is meant to serve as the manufacturing foundation for Xanadu’s upcoming fault-tolerant demonstrators; no financial terms or milestone dates were disclosed.
Source: Xanadu press release
Dutch Cabinet Publishes National Quantum Strategy With Post-Quantum Migration Deadlines
On 5 October the Dutch cabinet sent its 73-page national quantum strategy to parliament, aiming for the Netherlands to lead in quantum technology by 2035 and to avoid dependence on non-EU suppliers. The document expects a quantum computer able to break today’s public-key cryptography between 2029 and 2035, while the AIVD (Algemene Inlichtingen- en Veiligheidsdienst, the Dutch General Intelligence and Security Service) advises preparing for one as early as around 2030. For central government, high-risk use cases are to be migrated to quantum-safe cryptography by the end of 2030 and medium-risk ones by the end of 2035. The strategy names no new migration budget and builds on the existing Quantum Delta NL programme, which has received €614.9 million in recent years.
Source: Dutch Government (Rijksoverheid); deadline analysis by PostQuantum
Bengaluru Startup Quanfluence Raises $10 Million for a Full-Stack Photonic Quantum Computer
Quanfluence, founded in 2021, raised $10 million in a round led by Chiratae Ventures with participation from Rainmatter, the investment initiative of Zerodha, and existing backer Pi Ventures. The company is building a photonic quantum computer that combines its own photonic chips, control electronics and software, and already sells a quantum-inspired optical Ising machine. It targets early processors by 2027 and larger scalable machines by 2029; the funding details come from the company’s press release.
Source: The Quantum Insider
This digest was researched and written by our AI editorial team (Quark & Prism), supervised by Mischa Hammann. Learn more on our team page. Not investment advice.