{ "generated_at": "2026-04-14T16:01:52.187525+00:00", "prompt_version": "dossier-v1", "company_count": 38, "categories": [ { "id": "full-stack", "label": "Full Stack Quantum Computing", "icon": "⬡", "description": "Companies building complete quantum computing systems — hardware, software stack, and cloud access. Includes pure-play quantum companies and major technology firms with substantial, dedicated quantum programs." }, { "id": "quantum-networking", "label": "Quantum Networking & Communications", "icon": "◎", "description": "Companies building quantum communication infrastructure, quantum key distribution (QKD), post-quantum cryptography (PQC), and foundational components of the emerging quantum internet." }, { "id": "quantum-software", "label": "Quantum Software & Algorithms", "icon": "◈", "description": "SDK developers, quantum compilers, error mitigation tools, quantum middleware, and algorithm developers targeting specific application domains such as chemistry, finance, and logistics." }, { "id": "cloud-access", "label": "Cloud Quantum Access", "icon": "◉", "description": "Platforms providing quantum computing as a service (QCaaS), offering cloud-based access to quantum hardware from multiple vendors alongside quantum simulation and hybrid HPC services." }, { "id": "pqc", "label": "Post-Quantum Cryptography", "icon": "◆", "description": "Companies developing NIST-standardised quantum-resistant cryptographic solutions to protect data and communications infrastructure against future cryptographically-relevant quantum computers." }, { "id": "suppliers", "label": "Key Suppliers", "icon": "◧", "description": "The enabling technology layer — companies supplying the critical components, instruments, and materials without which quantum computers cannot be built or operated at scale.", "subcategories": [ { "id": "suppliers-control-electronics", "label": "Control Electronics" }, { "id": "suppliers-cryogenics", "label": "Cryogenics & Cooling" }, { "id": "suppliers-rf", "label": "RF & Microwave Components" }, { "id": "suppliers-wiring", "label": "Wiring & Cabling" }, { "id": "suppliers-optical", "label": "Optical Components" }, { "id": "suppliers-lasers", "label": "Laser Systems" }, { "id": "suppliers-detectors", "label": "Photon Detectors" }, { "id": "suppliers-vacuum", "label": "Vacuum Systems" }, { "id": "suppliers-materials", "label": "Materials & Substrates" }, { "id": "suppliers-fabrication", "label": "Nanofabrication" } ] }, { "id": "investment", "label": "Investment & Capital", "icon": "◑", "description": "Venture capital, private equity, corporate venture arms, and sovereign wealth funds with meaningful quantum computing portfolios. Capital flow analysis is a leading indicator of where the sector is heading commercially." }, { "id": "government", "label": "Government & Defense Programs", "icon": "◰", "description": "National quantum initiatives, government laboratories, and defence-funded research programs — collectively the largest single source of quantum R&D funding globally, shaping the competitive landscape between the US, EU, UK, China, and others." } ], "modalities": [ { "id": "superconducting", "label": "Superconducting", "color": "#60A5FA", "leaders": [ "IBM Quantum", "Google Quantum AI", "Rigetti Computing", "IQM" ] }, { "id": "trapped-ion", "label": "Trapped Ion", "color": "#34D399", "leaders": [ "IonQ", "Quantinuum" ] }, { "id": "neutral-atom", "label": "Neutral Atom", "color": "#A78BFA", "leaders": [ "QuEra Computing", "Pasqal", "Infleqtion", "Atom Computing" ] }, { "id": "photonic", "label": "Photonic", "color": "#F472B6", "leaders": [ "PsiQuantum", "Xanadu", "Quandela", "ORCA Computing" ] }, { "id": "silicon-spin", "label": "Silicon Spin", "color": "#FB923C", "leaders": [ "Intel Quantum", "Diraq", "Quantum Motion", "HRL Laboratories" ] }, { "id": "topological", "label": "Topological", "color": "#2DD4BF", "leaders": [ "Microsoft Azure Quantum" ] }, { "id": "quantum-annealing", "label": "Quantum Annealing", "color": "#FBBF24", "leaders": [ "D-Wave Quantum" ] }, { "id": "nv-centers", "label": "NV Centers / Diamond", "color": "#94A3B8", "leaders": [ "Quantum Brilliance" ] } ], "modality_overviews": { "superconducting": "Superconducting qubits exploit quantum effects in Josephson junctions — nanoscale tunnel barriers between superconducting electrodes cooled to near absolute zero (~15 millikelvin). Microwave pulses manipulate qubit states, and the technology benefits from decades of semiconductor fabrication infrastructure, enabling relatively rapid scaling. Gate operations run in nanoseconds, making circuit throughput high, but coherence times are short (typically 100–500 microseconds on best devices as of 2025), demanding fast error correction. IBM and Google are the clear leaders: IBM's Heron r2 processor delivers two-qubit gate error rates around 0.3% and the company has publicly committed to fault-tolerant milestones by the late 2020s; Google's Willow chip (105 qubits, announced late 2024) demonstrated below-threshold quantum error correction, a landmark result. Rigetti, IQM, and Alice & Bob (cat qubits) occupy meaningful secondary positions. Amazon Braket and Azure Quantum offer superconducting access via cloud partnerships. Commercial maturity is higher here than any other modality — paying enterprise customers exist today — but current NISQ-era devices cannot yet solve problems beyond classical reach for practical applications. The critical path runs through fault-tolerant logical qubits, which will require physical qubit counts in the hundreds of thousands to millions. Key challenges are extending coherence times, reducing fabrication variability across larger chips, improving mid-circuit measurement fidelity, and managing the cost and complexity of dilution refrigerator infrastructure at scale.", "trapped-ion": "Trapped-ion systems confine individual atomic ions (commonly ytterbium or barium) in electromagnetic traps and manipulate their internal quantum states using precisely tuned lasers or microwave fields. Because every ion of a given isotope is identical, trapped-ion qubits offer exceptional coherence times (seconds to minutes), very high single- and two-qubit gate fidelities (99.9%+ demonstrated), and all-to-all connectivity within a trap — meaningful advantages over superconducting architectures. IonQ is the only publicly traded pure-play in this space (NYSE: IONQ) and has reported algorithmic qubit metrics and enterprise customer traction, though revenue remains modest relative to its market capitalization. Quantinuum (Honeywell/Cambridge Quantum joint venture) operates the H-series systems and is widely regarded as having the highest-fidelity commercial quantum computers currently available; its H2 processor achieved record entanglement fidelities in 2024. Infleqtion and Oxford Ionics are smaller but credible players. Commercial maturity lags superconducting in raw qubit count but leads in quality metrics; the modality is well-suited to high-value, low-circuit-volume workloads in chemistry simulation, optimization, and cryptography. The core challenges are scaling: gate operations take microseconds to milliseconds (laser overhead is substantial), and shuttling ions across modular trap architectures to increase qubit counts introduces latency and engineering complexity. Photonic interconnects between trap modules are the leading scaling strategy but remain pre-commercial. Investors should monitor logical qubit demonstrations and modular interconnect milestones as the critical near-term signals.", "neutral-atom": "Neutral-atom quantum computers use arrays of individual atoms (typically rubidium or cesium) held in place by tightly focused laser beams called optical tweezers, arranged in 2D or 3D grids. Qubits are encoded in atomic hyperfine states, and two-qubit gates are executed by temporarily exciting atoms to high-energy Rydberg states, which induces strong inter-atomic interactions over several micrometers. The architecture's defining commercial advantage is reconfigurability: tweezers can physically rearrange atoms mid-computation, enabling dynamic connectivity and mid-circuit corrections without fixed wiring. Atom Computing, QuEra Computing, Pasqal, and Planqton are the primary commercial players. QuEra, spun out of Harvard and MIT, demonstrated a 48 logical qubit system in late 2023 — the largest logical qubit count reported at the time — and has partnerships with AWS. Atom Computing achieved a 1,225-atom array in 2023, though qubit count and gate performance are distinct metrics. The modality has attracted significant VC and strategic interest given its apparent scaling pathway; QuEra raised over $170M through 2024. Commercial maturity sits behind superconducting and trapped-ion for near-term enterprise use, but the architecture is considered a leading candidate for fault-tolerant quantum computing in the 2028–2035 window. Key challenges include achieving consistently high two-qubit gate fidelities at scale (current rates of ~99% are competitive but not yet sufficient for fault tolerance at large array sizes), atom loss during computation requiring reload cycles, and laser control system complexity that grows with array size.", "photonic": "Photonic quantum computing encodes quantum information in properties of individual photons — polarization, path, or time-bin — and processes it through linear optical elements (beam splitters, phase shifters) and, critically, non-linear interactions or measurement-induced gates. The technology's headline advantages are room-temperature operation, natural compatibility with fiber-optic telecommunications infrastructure, and inherent suitability for quantum networking. PsiQuantum is the most heavily capitalized company in this space, having raised over $700M (including Australian government backing) to pursue a photonic fault-tolerant architecture using silicon photonics fabrication at GlobalFoundries; the company targets millions of physical qubits and a fault-tolerant system by the early 2030s but has not yet publicly demonstrated a functional quantum processor of meaningful scale. Xanadu (Canada) operates a more near-term approach with its Borealis and Aurora systems based on continuous-variable photonics, accessible via cloud, and has published peer-reviewed quantum advantage claims in sampling tasks. Quix Quantum and Nu Quantum address photonic networking and component layers. Commercial maturity is low for gate-based photonic computing; no photonic system has demonstrated programmable quantum algorithms competitive with leading superconducting or trapped-ion devices. The fundamental challenge is that photons do not naturally interact with each other, making deterministic two-qubit gates difficult. Measurement-based and fusion-based architectures work around this but require extremely high-efficiency single-photon sources and detectors, very low loss waveguides, and massive resource overhead — all active research frontiers. Investors should treat PsiQuantum as a long-duration, binary-outcome bet on a specific fabrication-scale strategy.", "silicon-spin": "Silicon spin qubits encode quantum information in the spin states of individual electrons or nuclei confined in silicon quantum dots — small regions of a semiconductor where quantum confinement isolates single charge carriers. The modality's strategic appeal is direct: silicon quantum dot fabrication is compatible with existing CMOS semiconductor manufacturing processes, theoretically enabling co-integration of quantum and classical control electronics and the kind of cost-effective scaling that built the semiconductor industry. Qubit coherence times can be long (milliseconds for electron spins, seconds for nuclear spins), and the small physical footprint of spin qubits (~50nm scale) suggests very high qubit density. Intel is the most prominent corporate player, pursuing its Horse Ridge cryo-control chip alongside silicon spin qubit development, with a 12-qubit test device reported in 2023. Spin-Q (via academic spinouts), Silicon Quantum Computing (Australian government-backed, UNSW-founded), and imec are notable contributors. The technology is the least commercially mature of the leading modalities — no silicon spin system is available commercially, and two-qubit gate fidelities have historically trailed competing platforms. However, 2024 saw meaningful progress: multiple academic and corporate groups reported two-qubit fidelities above 99% in small arrays. Key challenges are materials quality (charge noise from oxide interfaces degrades coherence), manufacturability of quantum dots at atomic precision, and classical control overhead — each qubit requires dedicated microwave lines, and managing thousands of such lines at cryogenic temperatures is an unsolved engineering problem. The 2028–2035 window is the realistic horizon for commercial relevance.", "topological": "Topological quantum computing seeks to encode qubits in non-Abelian anyons — exotic quasiparticles whose quantum states are defined by their topological configuration rather than local physical properties. The theoretical payoff is transformative: topologically protected qubits would be intrinsically immune to local noise, potentially requiring far less error correction overhead than any other modality. The concept was proposed by Alexei Kitaev and popularized in part through Microsoft's sustained research investment. Microsoft is effectively the only commercial entity pursuing topological qubits at scale, centered on a platform based on topological superconductors and Majorana zero modes. In early 2025, Microsoft published results in Nature claiming observation of a topological gap in indium arsenide/aluminum heterostructures and reported a 'topological qubit' milestone, though the work drew significant peer scrutiny regarding whether true non-Abelian anyons had been conclusively demonstrated. Commercial maturity is the lowest of any modality covered here: no topological qubit has yet executed a programmable quantum circuit, and the underlying physics remains partially contested in the literature. Microsoft's Azure Quantum roadmap positions topological qubits as the path to a million-physical-qubit fault-tolerant system, but near-term revenue contribution is zero. For investors, this is a high-conviction science bet: if the physics works as theorized, the error correction advantage could leapfrog all competing approaches; if Majorana-based qubits prove impossible to control reliably at scale, the decade-plus of R&D yields limited commercial output. Timeline to any commercial relevance is realistically 2030 at earliest.", "quantum-annealing": "Quantum annealing is a metaheuristic optimization approach that exploits quantum tunneling to search for low-energy states of a problem encoded as an Ising Hamiltonian. Unlike gate-based quantum computing, it is not universal — it cannot run arbitrary quantum algorithms — but it is designed specifically to tackle combinatorial optimization problems: logistics routing, portfolio optimization, materials scheduling, and similar tasks. D-Wave Systems is the dominant and essentially sole commercial player, operating since the early 2000s and publicly listed (NYSE: QBTS) after a 2022 SPAC merger. D-Wave's Advantage system features over 5,000 qubits with a Pegasus graph connectivity, and its Advantage2 prototype has demonstrated improved coherence properties. D-Wave has the longest commercial track record in quantum computing, with real paying customers including Volkswagen, Mastercard, and various defense contractors using its Leap cloud platform. The honest assessment of commercial maturity is nuanced: D-Wave generates real revenue (approximately $9-10M annually as of recent filings) and has demonstrated practical deployment, but rigorous benchmarking studies have consistently shown that classical heuristic solvers match or exceed D-Wave's performance on most problem classes tested. The quantum advantage case for annealing remains unproven at scale. Key technical challenges include limited connectivity between qubits constraining problem embedding, operating temperatures still requiring dilution refrigerators, and the fundamental question of whether quantum tunneling provides a meaningful advantage over classical simulated annealing for NP-hard problems of practical size.", "nv-centers": "Nitrogen-vacancy (NV) centers are atomic-scale defects in diamond crystal lattices where a nitrogen atom substitutes for carbon adjacent to a vacancy. The electron spin associated with the NV center forms a natural qubit that can be initialized, manipulated, and read out optically at room temperature — a significant operational advantage. NV centers exhibit long coherence times at ambient conditions (milliseconds for electron spins) and are among the leading platforms for quantum sensing and quantum networking rather than large-scale computation. The primary commercial applications being pursued are quantum magnetometry (single-cell biological imaging, materials characterization, navigation without GPS), quantum key distribution relay nodes, and quantum repeater network links. Quantum Diamond Technologies (QDT), Quant-X, and Element Six (De Beers subsidiary supplying engineered diamond) are among the companies commercializing NV-based sensing. Robert Bosch and Lockheed Martin have active NV magnetometer programs. For gate-based quantum computing, NV centers face a fundamental scaling problem: engineering large arrays of NV centers with precise, controllable coupling is extremely difficult, and two-qubit gate fidelities remain well below competing platforms. No credible commercial roadmap exists for NV-center-based quantum computers with more than a handful of qubits. Investors should evaluate NV centers as a quantum sensing and networking play — a nearer-term and more commercially tractable opportunity than large-scale computation — rather than as a computing modality competitor to superconducting or trapped-ion systems. The quantum sensing market, while smaller than transformative quantum computing projections, involves real near-term revenue and defensible IP." }, "companies": [ { "id": "aist", "name": "AIST", "ticker": null, "exchange": null, "category": "government", "modality": "N/A", "stage": "Government Lab", "hq": "Tokyo, Japan", "website": "aist.go.jp", "parent": null, "supplier_area": null, "last_updated": "2026-04-09", "digest_mention_count": 0, "teaser": "AIST (National Institute of Advanced Industrial Science and Technology) is Japan's largest public research organization, operating under the Ministry of Economy, Trade and Industry (METI). Founded in 2001 through the consolidation of 15 national research institutes, AIST functions as a bridge betwee…" }, { "id": "anl", "name": "Argonne National Laboratory", "ticker": null, "exchange": null, "category": "government", "modality": "N/A", "stage": "Government Lab", "hq": "Lemont, IL, USA", "website": "anl.gov", "parent": null, "supplier_area": null, "last_updated": "2026-04-08", "digest_mention_count": 1, "teaser": "Argonne National Laboratory is a U.S. Department of Energy (DOE) multi-program science and engineering research center operated by UChicago Argonne, LLC — a partnership between the University of Chicago and Battelle Memorial Institute. Founded in 1946 as the successor to the Manhattan Project's Meta…" }, { "id": "arqit", "name": "Arqit Quantum", "ticker": "ARQQ", "exchange": "NASDAQ", "category": "quantum-networking", "modality": "Post-Quantum Cryptography", "stage": "Public", "hq": "London, UK", "website": "arqit.uk", "parent": null, "supplier_area": null, "last_updated": "2026-04-07", "digest_mention_count": 0, "teaser": "Arqit Quantum (NASDAQ: ARQQ) is a London-based cybersecurity company offering symmetric key agreement technology designed to protect communications against both current and future quantum computing attacks. Its flagship product, QuantumCloud (also marketed as Symmetric Key Agreement, or SKA), is a s…" }, { "id": "bluefors", "name": "Bluefors", "ticker": null, "exchange": null, "category": "suppliers-cryogenics", "modality": "N/A", "stage": "Private", "hq": "Helsinki, Finland", "website": "bluefors.com", "parent": null, "supplier_area": "Dilution Refrigerators", "last_updated": "2026-04-07", "digest_mention_count": 0, "teaser": "Bluefors is the world's dominant manufacturer of dilution refrigerator (DR) systems, the cryogenic infrastructure required to cool superconducting and silicon spin-qubit quantum processors to operating temperatures near absolute zero — typically in the 10–20 millikelvin range. Founded in 2008 as a s…" }, { "id": "bnl", "name": "Brookhaven National Laboratory", "ticker": null, "exchange": null, "category": "government", "modality": "N/A", "stage": "Government Lab", "hq": "Upton, NY, USA", "website": "bnl.gov", "parent": null, "supplier_area": null, "last_updated": "2026-04-09", "digest_mention_count": 0, "teaser": "Brookhaven National Laboratory (BNL) is a multipurpose U.S. Department of Energy (DOE) Office of Science national laboratory managed by Brookhaven Science Associates (a partnership of Stony Brook University and Battelle Memorial Institute). BNL does not commercialize quantum computing products direc…" }, { "id": "cea-leti", "name": "CEA-Leti", "ticker": null, "exchange": null, "category": "government", "modality": "Silicon Spin", "stage": "Government Lab", "hq": "Grenoble, France", "website": "leti-cea.com", "parent": null, "supplier_area": null, "last_updated": "2026-04-09", "digest_mention_count": 1, "teaser": "CEA-Leti (Laboratoire d'électronique des technologies de l'information) is France's premier applied microelectronics and nanotechnology research institute, operating as a division of the Commissariat à l'énergie atomique et aux énergies alternatives (CEA). Founded in 1967 and headquartered in Grenob…" }, { "id": "coherent", "name": "Coherent Corp.", "ticker": "COHR", "exchange": "NYSE", "category": "suppliers-optical", "modality": "N/A", "stage": "Public", "hq": "Saxonburg, PA, USA", "website": "coherent.com", "parent": null, "supplier_area": "Optical Components & Lasers", "last_updated": "2026-04-07", "digest_mention_count": 1, "teaser": "Coherent Corp. (NYSE: COHR) is a vertically integrated photonics and compound semiconductor manufacturer serving datacom, telecom, industrial, and increasingly quantum computing markets. The company was formed through the 2022 merger of II-VI Incorporated and the legacy Coherent Corp., creating a ~$…" }, { "id": "dwave", "name": "D-Wave Quantum", "ticker": "QBTS", "exchange": "NYSE", "category": "full-stack", "modality": "Quantum Annealing", "stage": "Public", "hq": "Burnaby, BC, Canada", "website": "dwavesys.com", "parent": null, "supplier_area": null, "last_updated": "2026-04-07", "digest_mention_count": 20, "teaser": "D-Wave Quantum is the world's oldest quantum computing company and the sole commercial supplier of quantum annealing hardware. Founded in 1999 and headquartered in Burnaby, BC, Canada, D-Wave has built its entire commercial identity around a single, consistent thesis: that purpose-built quantum hard…" }, { "id": "fermilab", "name": "Fermi National Accelerator Laboratory", "ticker": null, "exchange": null, "category": "government", "modality": "Superconducting", "stage": "Government Lab", "hq": "Batavia, IL, USA", "website": "fnal.gov", "parent": null, "supplier_area": null, "last_updated": "2026-04-08", "digest_mention_count": 0, "teaser": "Fermi National Accelerator Laboratory (Fermilab) is a U.S. Department of Energy national laboratory managed by the Fermi Research Alliance (a partnership between the University of Chicago and Universities Research Association). While not a commercial quantum computing company, Fermilab is one of the…" }, { "id": "formfactor", "name": "FormFactor", "ticker": "FORM", "exchange": "NASDAQ", "category": "suppliers-cryogenics", "modality": "N/A", "stage": "Public", "hq": "Livermore, CA, USA", "website": "formfactor.com", "parent": null, "supplier_area": "Cryogenic Probe Systems", "last_updated": "2026-04-07", "digest_mention_count": 0, "teaser": "FormFactor, Inc. (NASDAQ: FORM) is a leading supplier of semiconductor wafer probe cards and precision test and measurement equipment, with an increasingly significant footprint in the quantum computing supply chain through its cryogenic probe and cryogenic systems businesses. Founded in 1993 and he…" }, { "id": "google-quantum", "name": "Google Quantum AI", "ticker": "GOOGL", "exchange": "NASDAQ", "category": "full-stack", "modality": "Superconducting", "stage": "Public", "hq": "Santa Barbara, CA, USA", "website": "quantumai.google", "parent": "Alphabet Inc.", "supplier_area": null, "last_updated": "2026-04-07", "digest_mention_count": 4, "teaser": "Google Quantum AI is Alphabet's dedicated quantum computing research and development division, operating out of Santa Barbara, California with additional staff at Google campuses. The division pursues a full-stack superconducting qubit program encompassing custom chip fabrication, cryogenic hardware…" }, { "id": "ibm-quantum", "name": "IBM Quantum", "ticker": "IBM", "exchange": "NYSE", "category": "full-stack", "modality": "Superconducting", "stage": "Public", "hq": "Armonk, NY, USA", "website": "ibm.com/quantum", "parent": "IBM Corporation", "supplier_area": null, "last_updated": "2026-04-07", "digest_mention_count": 20, "teaser": "IBM Quantum is the quantum computing division of IBM Corporation, operating the world's largest installed base of quantum computing systems and the most widely accessed quantum cloud platform. The division was formally established in 2016 with the launch of IBM Quantum Experience, making IBM the fir…" }, { "id": "imec", "name": "imec", "ticker": null, "exchange": null, "category": "government", "modality": "Silicon Spin", "stage": "Government Lab", "hq": "Leuven, Belgium", "website": "imec-int.com", "parent": null, "supplier_area": null, "last_updated": "2026-04-09", "digest_mention_count": 0, "teaser": "imec is the world's foremost independent semiconductor research and development center, headquartered in Leuven, Belgium, with a staff of approximately 5,500 researchers and an annual budget exceeding €900 million. Though founded in 1984 as a microelectronics research hub, imec has over the past dec…" }, { "id": "intel-quantum", "name": "Intel Quantum", "ticker": "INTC", "exchange": "NASDAQ", "category": "full-stack", "modality": "Silicon Spin", "stage": "Public", "hq": "Hillsboro, OR, USA", "website": "intel.com/quantum", "parent": "Intel Corporation", "supplier_area": null, "last_updated": "2026-04-07", "digest_mention_count": 6, "teaser": "In the competitive landscape, Intel occupies a distinctive but currently trailing position. IBM, Google, and IonQ are operating systems with 100+ to 1,000+ qubits and generating cloud revenue. Intel's 12-qubit Tunnel Falls chip is not commercially competitive on raw qubit count or gate fidelity by c…" }, { "id": "ionq", "name": "IonQ", "ticker": "IONQ", "exchange": "NYSE", "category": "full-stack", "modality": "Trapped Ion", "stage": "Public", "hq": "College Park, MD, USA", "website": "ionq.com", "parent": null, "supplier_area": null, "last_updated": "2026-04-07", "digest_mention_count": 2, "teaser": "IonQ is a pure-play quantum computing company commercializing trapped-ion quantum processors, operating as a full-stack vendor that sells cloud-based quantum computing access, dedicated systems, and enterprise quantum services. The company was spun out of research conducted at the University of Mary…" }, { "id": "juelich", "name": "Forschungszentrum Jülich", "ticker": null, "exchange": null, "category": "government", "modality": "N/A", "stage": "Government Lab", "hq": "Jülich, Germany", "website": "fz-juelich.de", "parent": null, "supplier_area": null, "last_updated": "2026-04-09", "digest_mention_count": 0, "teaser": "Forschungszentrum Jülich (FZJ) is Germany's largest multidisciplinary research center and, by most measures, the most strategically important quantum computing infrastructure node in Europe. Founded in 1956 and operating under the Helmholtz Association of German Research Centers, FZJ is not a commer…" }, { "id": "keysight", "name": "Keysight Technologies", "ticker": "KEYS", "exchange": "NYSE", "category": "suppliers-control-electronics", "modality": "N/A", "stage": "Public", "hq": "Santa Rosa, CA, USA", "website": "keysight.com", "parent": null, "supplier_area": "Control Electronics & Test & Measurement", "last_updated": "2026-04-07", "digest_mention_count": 0, "teaser": "Keysight Technologies is a global electronic measurement and test instrumentation company with approximately $5 billion in annual revenue, tracing its lineage through Agilent Technologies back to Hewlett-Packard's original instrument division. Spun out of Agilent in November 2014, Keysight has metho…" }, { "id": "lanl", "name": "Los Alamos National Laboratory", "ticker": null, "exchange": null, "category": "government", "modality": "N/A", "stage": "Government Lab", "hq": "Los Alamos, NM, USA", "website": "lanl.gov", "parent": null, "supplier_area": null, "last_updated": "2026-04-08", "digest_mention_count": 1, "teaser": "Los Alamos National Laboratory (LANL) is a federally funded research and development center (FFRDC) operated by Triad National Security LLC under contract with the U.S. Department of Energy's National Nuclear Security Administration (NNSA). Founded in 1943 as part of the Manhattan Project, LANL is n…" }, { "id": "memq", "name": "memQ", "ticker": null, "exchange": null, "category": "quantum-networking", "modality": "N/A", "stage": "Private", "hq": "Chicago, IL, USA", "website": "memq.tech", "parent": null, "supplier_area": null, "last_updated": "2026-04-14", "digest_mention_count": 5, "teaser": "memQ is a University of Chicago spinout building quantum memory hardware and optical interconnects designed to enable distributed quantum networking across local, metro, and wide-area scales. The company's core thesis is that quantum memory — the ability to store, buffer, and synchronize quantum sta…" }, { "id": "microsoft-quantum", "name": "Microsoft Azure Quantum", "ticker": "MSFT", "exchange": "NASDAQ", "category": "full-stack", "modality": "Topological", "stage": "Public", "hq": "Redmond, WA, USA", "website": "azure.microsoft.com/solutions/quantum-computing", "parent": "Microsoft Corporation", "supplier_area": null, "last_updated": "2026-04-07", "digest_mention_count": 4, "teaser": "Microsoft Azure Quantum operates as Microsoft Corporation's dedicated quantum computing division, pursuing a dual-track strategy: developing proprietary topological qubits based on Majorana zero modes while simultaneously running the Azure Quantum cloud platform, which provides enterprise and resear…" }, { "id": "mks-instruments", "name": "MKS Instruments", "ticker": "MKSI", "exchange": "NASDAQ", "category": "suppliers-rf", "modality": "N/A", "stage": "Public", "hq": "Andover, MA, USA", "website": "mksinst.com", "parent": null, "supplier_area": "RF Power & Vacuum Systems", "last_updated": "2026-04-07", "digest_mention_count": 0, "teaser": "MKS Instruments (NASDAQ: MKSI) is a diversified advanced manufacturing and instrumentation company that supplies critical subsystems and components to semiconductor fabrication, life sciences, and industrial markets. Founded in 1961 and headquartered in Andover, Massachusetts, MKS derives the large …" }, { "id": "nist", "name": "NIST", "ticker": null, "exchange": null, "category": "government", "modality": "N/A", "stage": "Government Lab", "hq": "Gaithersburg, MD, USA", "website": "nist.gov", "parent": null, "supplier_area": null, "last_updated": "2026-04-08", "digest_mention_count": 20, "teaser": "NIST (National Institute of Standards and Technology) is a non-regulatory federal agency within the U.S. Department of Commerce, founded in 1901 and headquartered in Gaithersburg, Maryland. In the quantum computing and quantum security landscape, NIST occupies a structurally unique position: it is s…" }, { "id": "ornl", "name": "Oak Ridge National Laboratory", "ticker": null, "exchange": null, "category": "government", "modality": "N/A", "stage": "Government Lab", "hq": "Oak Ridge, TN, USA", "website": "ornl.gov", "parent": null, "supplier_area": null, "last_updated": "2026-04-08", "digest_mention_count": 3, "teaser": "Oak Ridge National Laboratory (ORNL) is the United States Department of Energy's largest science and energy laboratory, managed by UT-Battelle for the DOE. In the quantum computing domain, ORNL operates as a national research infrastructure node rather than a commercial hardware or software vendor. …" }, { "id": "pnnl", "name": "Pacific Northwest National Laboratory", "ticker": null, "exchange": null, "category": "government", "modality": "N/A", "stage": "Government Lab", "hq": "Richland, WA, USA", "website": "pnnl.gov", "parent": null, "supplier_area": null, "last_updated": "2026-04-08", "digest_mention_count": 0, "teaser": "Pacific Northwest National Laboratory (PNNL) is a U.S. Department of Energy (DOE) national laboratory managed by Battelle Memorial Institute, headquartered in Richland, Washington. With an annual operating budget of approximately $1.3–1.5 billion and roughly 5,500 staff, PNNL is among the largest DO…" }, { "id": "psiquantum", "name": "PsiQuantum", "ticker": null, "exchange": null, "category": "full-stack", "modality": "Photonic", "stage": "Private", "hq": "Palo Alto, CA, USA", "website": "psiquantum.com", "parent": null, "supplier_area": null, "last_updated": "2026-04-07", "digest_mention_count": 4, "teaser": "PsiQuantum is a private quantum computing company pursuing a singular, high-conviction bet: that fault-tolerant, utility-scale quantum computing can only be achieved at the physical qubit counts required by building on standard semiconductor manufacturing infrastructure. Founded in 2016 by Jeremy O'…" }, { "id": "quantinuum", "name": "Quantinuum", "ticker": null, "exchange": null, "category": "full-stack", "modality": "Trapped Ion", "stage": "Private", "hq": "Broomfield, CO, USA", "website": "quantinuum.com", "parent": null, "supplier_area": null, "last_updated": "2026-04-07", "digest_mention_count": 1, "teaser": "Quantinuum is a full-stack quantum computing company formed in late 2021 through the merger of Honeywell Quantum Solutions and Cambridge Quantum Computing (CQC). Majority-owned by Honeywell International, the company operates across hardware, software, and quantum applications, positioning itself as…" }, { "id": "qubt", "name": "Quantum Computing Inc.", "ticker": "QUBT", "exchange": "NASDAQ", "category": "full-stack", "modality": "Photonic / Reservoir", "stage": "Public", "hq": "Leesburg, VA, USA", "website": "quantumcomputinginc.com", "parent": null, "supplier_area": null, "last_updated": "2026-04-07", "digest_mention_count": 2, "teaser": "Quantum Computing Inc. (QUBT) is a publicly traded, full-stack quantum technology company focused primarily on photonic quantum optimization hardware and quantum networking infrastructure. Unlike gate-based quantum computing peers, QCi has staked its commercial identity on entropy quantum computing …" }, { "id": "quera", "name": "QuEra Computing", "ticker": null, "exchange": null, "category": "full-stack", "modality": "Neutral Atom", "stage": "Private", "hq": "Boston, MA, USA", "website": "quera.com", "parent": null, "supplier_area": null, "last_updated": "2026-04-07", "digest_mention_count": 16, "teaser": "QuEra Computing is a private, full-stack quantum computing company headquartered in Boston, MA, spun out of Harvard University and MIT in 2018. The company designs, builds, and operates neutral-atom quantum processors, leveraging arrays of rubidium atoms held in optical tweezers as qubits. Unlike su…" }, { "id": "qutech", "name": "QuTech", "ticker": null, "exchange": null, "category": "government", "modality": "N/A", "stage": "Government Lab", "hq": "Delft, Netherlands", "website": "qutech.nl", "parent": null, "supplier_area": null, "last_updated": "2026-04-09", "digest_mention_count": 0, "teaser": "QuTech is a world-class quantum research and development institute established in 2014 as a joint venture between Delft University of Technology (TU Delft) and the Netherlands Organisation for Applied Scientific Research (TNO). Headquartered in Delft, Netherlands, it operates as a mission-driven pub…" }, { "id": "renaissance-scientific", "name": "Renaissance Scientific", "ticker": null, "exchange": null, "category": "suppliers-cryogenics", "modality": "N/A", "stage": "Private", "hq": "Boulder, CO, USA", "website": "ren-sci.com", "parent": null, "supplier_area": "Cryogenic Nanopositioners & Precision Instruments", "last_updated": "2026-04-14", "digest_mention_count": 0, "teaser": "Renaissance Scientific is a Boulder, Colorado-based specialist manufacturer of cryogenic nanopositioners and precision motion instruments designed for operation at millikelvin to cryogenic temperatures. Founded in 2021, the company occupies a narrow but commercially critical niche: providing the hig…" }, { "id": "rigetti", "name": "Rigetti Computing", "ticker": "RGTI", "exchange": "NASDAQ", "category": "full-stack", "modality": "Superconducting", "stage": "Public", "hq": "Berkeley, CA, USA", "website": "rigetti.com", "parent": null, "supplier_area": null, "last_updated": "2026-04-07", "digest_mention_count": 20, "teaser": "Rigetti Computing is a full-stack superconducting quantum computing company that designs, fabricates, and operates its own quantum processors, offering cloud-based quantum computing access alongside a standalone QPU product line. Founded in 2013 by Chad Rigetti, a former IBM quantum researcher, the …" }, { "id": "riken", "name": "RIKEN", "ticker": null, "exchange": null, "category": "government", "modality": "Superconducting", "stage": "Government Lab", "hq": "Wako, Saitama, Japan", "website": "riken.jp", "parent": null, "supplier_area": null, "last_updated": "2026-04-09", "digest_mention_count": 1, "teaser": "RIKEN is Japan's largest and most prestigious multidisciplinary research institute, founded in 1917, with an annual government budget of approximately ¥88 billion (roughly $600 million USD). Within the quantum computing domain, RIKEN operates through its Center for Quantum Computing (RQC), establish…" }, { "id": "sandboxaq", "name": "SandboxAQ", "ticker": null, "exchange": null, "category": "pqc", "modality": "Post-Quantum Cryptography", "stage": "Private", "hq": "Palo Alto, CA, USA", "website": "sandboxaq.com", "parent": null, "supplier_area": null, "last_updated": "2026-04-07", "digest_mention_count": 0, "teaser": "SandboxAQ is an enterprise technology company spun out of Alphabet (Google) in March 2022, focused on what it calls the convergence of AI and quantum technologies — primarily post-quantum cryptography (PQC), quantum sensing, and quantum simulation for drug discovery and materials science. Unlike mos…" }, { "id": "sandia", "name": "Sandia National Laboratories", "ticker": null, "exchange": null, "category": "government", "modality": "Trapped Ion", "stage": "Government Lab", "hq": "Albuquerque, NM, USA", "website": "sandia.gov", "parent": null, "supplier_area": null, "last_updated": "2026-04-08", "digest_mention_count": 0, "teaser": "Sandia National Laboratories is a federally funded research and development center (FFRDC) managed and operated by National Technology and Engineering Solutions of Sandia, LLC (NTESS), a subsidiary of Honeywell International, under contract with the U.S. Department of Energy's National Nuclear Secur…" }, { "id": "slac", "name": "SLAC National Accelerator Laboratory", "ticker": null, "exchange": null, "category": "government", "modality": "N/A", "stage": "Government Lab", "hq": "Menlo Park, CA, USA", "website": "slac.stanford.edu", "parent": null, "supplier_area": null, "last_updated": "2026-04-08", "digest_mention_count": 0, "teaser": "SLAC National Accelerator Laboratory is a U.S. Department of Energy (DOE) Office of Science national laboratory operated by Stanford University, located in Menlo Park, California. Founded in 1962 as the Stanford Linear Accelerator Center, SLAC has evolved from its origins in high-energy particle phy…" }, { "id": "sygaldry", "name": "Sygaldry", "ticker": null, "exchange": null, "category": "full-stack", "modality": "Superconducting", "stage": "Private", "hq": "San Francisco, CA, USA", "website": "sygaldry.com", "parent": null, "supplier_area": null, "last_updated": "2026-04-14", "digest_mention_count": 1, "teaser": "Sygaldry is a stealth-to-early-stage full-stack quantum computing company founded in 2024 by Chad Rigetti, the founder and former CEO of Rigetti Computing. The company's core thesis is that superconducting quantum hardware can serve as a meaningful accelerator within AI data center infrastructure — …" }, { "id": "vtt", "name": "VTT Technical Research Centre of Finland", "ticker": null, "exchange": null, "category": "government", "modality": "Superconducting", "stage": "Government Lab", "hq": "Espoo, Finland", "website": "vttresearch.com", "parent": null, "supplier_area": null, "last_updated": "2026-04-09", "digest_mention_count": 0, "teaser": "VTT Technical Research Centre of Finland is Finland's national public research institute, founded in 1942 and headquartered in Espoo. Within quantum computing, VTT operates as both a national infrastructure provider and an active R&D partner, running superconducting quantum computers on behalf of th…" }, { "id": "xanadu", "name": "Xanadu", "ticker": null, "exchange": null, "category": "full-stack", "modality": "Photonic", "stage": "Private", "hq": "Toronto, ON, Canada", "website": "xanadu.ai", "parent": null, "supplier_area": null, "last_updated": "2026-04-07", "digest_mention_count": 9, "teaser": "Xanadu is a Toronto-based full-stack photonic quantum computing company founded in 2016, pursuing a hardware-software strategy built on continuous-variable (CV) and Gaussian boson sampling (GBS) photonic architectures. Unlike superconducting or trapped-ion approaches, Xanadu's photons operate at roo…" } ] }