Arash Shirazi
Arash covers the quantum computing sector for Frontier Tech Wire, reporting on hardware milestones, error-correction progress, and the public quantum companies' roadmaps.
Articles by Arash Shirazi
Infleqtion Says It Hit 30 Logical Qubits on 80 Atoms. Its Own Blog Says They Ran in a Distance-2 Code That Detects Errors Rather Than Correcting Them, and About a Quarter of Shots Came Back Right
The Sept. 24 release, furnished to the SEC under Regulation FD, meets the roadmap target the company set for 2026. The CTO's technical write-up puts the code at [[8,3,2]], the hit fraction at roughly 25% against a 1-in-4,096 random baseline, and the full paper 'in the coming weeks'.
IonQ Says Its Real-Time Error Decoder Adds as Little as 0.02% Delay. The Paper Ran on a MacBook Pro, Against Simulated Qubits, and Its Own Worst Case Is 11.53%
The Sept. 22 release announces an industry first for a decoder that runs on one off-the-shelf CPU. The underlying arXiv paper was posted Aug. 25, benchmarks a 2024 Apple M4 Max laptop on Stim-style simulations rather than trapped-ion hardware, and reports stretch of up to 11.53% at the higher of its two assumed error rates.
IQM's LUMI-IQ Plan Targets Up to Nine Logical Qubits by 2029
The Nasdaq-listed Finnish builder published a three-stage upgrade plan for Finland's LUMI AI Factory. Every figure in it is a target, the endpoint is research scale, and no contract value was disclosed.
IBM Closed Its HRL Laboratories Acquisition Wednesday Without Disclosing a Price — or a Single Spin-Qubit Fidelity Figure
IBM says the Boeing- and GM-owned Malibu lab gives it a second qubit modality alongside superconducting circuits. Neither the July announcement nor Wednesday's completion release publishes a qubit count, an error rate or a headcount.
Quantum X Labs Says Its AI Decoder Beat Google's Published Matching Benchmarks on One Configuration — the Aug. 21 Release Publishes No Error Rates
Quantum X Labs Inc. (Nasdaq: QXL), a Delaware-incorporated micro-cap formerly named Viewbix Inc., said on Aug. 21 that a decoder trained only on synthetic data outperformed Google's published correlated-matching and PyMatching results on the same surface-code configuration. The release cites no logical error rates, no code distance and no independent verification. Its 10-Q for the six months to June 30, filed Aug. 13, reported $646,000 of revenue from continuing operations, $2.435 million of cash and a going-concern warning.
Rigetti splits its engineering organisation in two and names a new COO and CTO. The delivery build-out lands against $5.1 million of quarterly revenue and a GAAP loss more than half made up of a non-cash warrant charge.
Rigetti Computing (Nasdaq: RGTI) said it has created a dedicated Systems Delivery organisation, moving David Rivas from chief technology officer to chief operating officer and promoting Andrew Bestwick to CTO, effective August 18. The company disclosed no customer names, no deployment counts and no dollar figures with the change. Its most recent quarter showed $5.1 million of revenue, a $52.6 million GAAP net loss that included a $29.6 million non-cash warrant revaluation, and $541.3 million of cash and investments.
Quantum eMotion's Second-Quarter Revenue Works Out To C$1,479. The Accounts Are In Canadian Dollars; The NYSE American Quote Is Not.
The Montreal quantum random-number company furnished its June 30 interim report on Friday. Two things a US holder should fix before reading the headline numbers: the currency the accounts are kept in, and what the June quarter looks like once the March quarter is taken out of the half.
We Checked the Quantum Sector's One-Month Tape. IonQ, Rigetti and D-Wave Are Up, Not Down
A claim circulating this month holds that the three largest listed quantum-computing pure plays fell about 30% over the past month. Measured against stamped closing prices from two independent providers, all three rose between roughly 26% and 33% from mid-July to Friday's close. The gains cluster on three specific sessions in early August, and only one of them has a catalyst we could verify.
SEALSQ's Cash Is Most of Its Market Value — and the Company Has Published Two Different June 30 Numbers
A CEO letter puts cash and short-term investments at about $485 million as of June 30. Six weeks earlier, SEALSQ told the SEC the same date's figure was about $495 million. Both sit against a $599 million equity value and a business management guides to $27–36 million of 2026 revenue.
Infleqtion's Revenue Doubled and Its Operating Loss Tripled. Both Numbers Are the Story
The neutral-atom company reported $12.6 million of second-quarter revenue, up 116%, and raised full-year guidance to about $43 million. GAAP operating loss went from $10.1 million to $30.6 million over the same year. A $582 million cash pile buys time; a Commerce Department letter of intent for up to $100 million comes with a stock component.
Quantum's New Trade: QUBT Spends Its Treasury on Chip Capacity, Not Qubits
Quantum Computing Inc. reported $5.6 million of second-quarter revenue against $21.8 million of operating expenses, and quietly stood up a second semiconductor facility through its NHanced acquisition. Ten days earlier IonQ closed its $1.8 billion purchase of foundry operator SkyWater, making vertical integration the defining capital allocation story of the sector's reporting season.
Quantinuum's first public quarter: $8 million of revenue, a $597 million loss, and a 28% stock jump
The Honeywell-rooted trapped-ion company reported Tuesday after the close, guided 2026 revenue to $28-$32 million and disclosed a deal to run its Helios system on Oracle Cloud Infrastructure. Shares closed Wednesday at $71.74, up 27.97%.
Utah's quantum executive order adds a state layer to quantum funding, without a check attached
Governor Spencer Cox created a Quantum Coordination Council by executive order this week, with a statewide landscape report due March 2027. No appropriation came with it, which is exactly the distinction investors in listed quantum companies should be tracking as states line up behind the sector.