SPARROW-QUANTUM
14.3.2024 08:06:34 CET | Business Wire | Press release
ORCA Computing, Pixel Photonics, Sparrow Quantum, and the Niels Bohr Institute (NBI) announce their collaboration on the Eurostars project 'SupremeQ.' This landmark initiative brings together quantum experts from the United Kingdom, Germany, and Denmark with a shared goal of accelerating the development and commercialization of photonic quantum computing technologies to deliver quantum advantage.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240313844049/en/
ORCA PT-1 computer in assembly room (Photo: Business Wire)
Supported by Eurostars, a European funding program dedicated to assisting R&D-performing SMEs in developing marketable innovative products, processes, and services, the SupremeQ project will harness world-leading expertise. It will draw upon single-photon sources from Sparrow Quantum and NBI, single-photon detectors from Pixel Photonics, and full-stack photonic quantum computing system architecture from ORCA Computing. By uniting efforts, the SupremeQ consortium aims to drive breakthrough innovation in photonic quantum computing, paving the way for quantum advantage.
According to a report by Fortune Business Insights, the quantum computing market is forecasted to reach $6.5 billion by 2030 with a CAGR of 32.1%1. With a broad range of potential application areas offering significant advantages over current classical computations. The SupremeQ project aims to address the needs of this growing market demand for quantum computing capabilities by addressing key challenges such as system engineering for scale, high acquisition, and operation costs, as well as the need for specialized expertise.
By pioneering solutions for photonic quantum computing, the project aims to unveil groundbreaking innovations in performance, packaging, and system integration. Sparrow Quantum’s single-photon sources and Pixel Photonics detectors will be engineered to co-exist within a single cryostat, marking a breakthrough in quantum computing infrastructure. With reduced complexity and enhanced component proximity, this crucial milestone heralds the path to multiplying qubits while offering considerable manufacturability and cost advantages.
ORCA Computing will draw upon its deep knowledge in quantum photonic system architecture. This expertise will be used to integrate these developments and demonstrate state-of-the-art photon processing efficiencies and reconfigurability within a standard data center rack.
These advancements are necessary for the commercialization of quantum computers to reach advantage over classical computing systems signifying a significant leap toward achieving universal fault-tolerant quantum computing.
As the quantum computing market continues to evolve, the consortium is confident that their innovative SupremeQ solutions will generate considerable interest, driving diverse applications and accelerating the widespread adoption of quantum technologies across industries well beyond the conclusion of the Eurostars program.
Consortium partners share their perspectives on the groundbreaking developments of the project:
"I envision SupremeQ as a symphony of quantum brilliance, with each partner playing a unique instrument,” stated Dr. Kurt Stokbro, CEO of Sparrow Quantum. “Together, we're composing a masterpiece that I believe will make some noise around the world."
"The advancements made possible through the SupremeQ project represent a significant leap forward in quantum computing technology," stated Nicolai Walter, CEO of Pixel Photonics. "By combining cutting-edge components and innovative architecture, we will be well-positioned to redefine the boundaries of what is possible in quantum computing."
"We are delighted to announce this new partnership with two other leading European firms,” affirmed Richard Murray, CEO of ORCA Computing. "With its unparalleled performance, the outcome of this project will spearhead new frontiers in hybrid quantum-classical computation, driving significant advancements in machine learning and optimization."
“We are thrilled to collaborate with esteemed industry partners on the SupremeQ project, which represents a significant step forward in quantum computing innovation," says Peter Lodahl, Professor at the Niels Bohr Institute.
Explore the SupremeQ project and how it will revolutionize the industry by contacting the consortium partners for more information.
Source 1: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/quantum-computing-market-104855
About ORCA Computing:
ORCA Computing, headquartered in London, UK with offices in the United States and Canada, is a leading developer and provider of full-stack photonic quantum computing systems. Established in 2019 and originating from the University of Oxford, the company provides an innovative approach to photonic quantum computing. Anchored in a modular optical fiber-based architecture, ORCA’s proprietary methods of manipulating the time, frequency and switching of single photons paves the way for quantum computing using significantly fewer components. ORCA Computing has successfully delivered numerous on-premises quantum computers to leading customers including the UK Ministry of Defence and the Poznan Supercomputing and Networking Center.
For more information, please visit www.orcacomputing.com.
About Pixel Photonics:
Pixel Photonics is a German deep-tech startup that has developed a unique approach to integrate SNSPDs (Superconducting Nanowire Single Photon Detectors) on a chip waveguide. Pixel Photonics combines the superior features of SNSPDs with the versatility of an integrated photonic platform to provide highly parallelized, efficient and ultra-fast single-photon detection. Waveguide integration enables the use of SNSPDs for photon counting, paving the way for high-performance and scalable photonic quantum computing. The Pixel Photonics team consists of 36 employees from 8 different countries.
Learn more about Pixel Photonics and the WI-SNSPD technology at www.pixelphotonics.com.
About Sparrow Quantum:
Sparrow Quantum, headquartered in Copenhagen, Denmark, is a leading provider of single-photon components enabling the photonic quantum revolution. Our flagship product, a deterministic single-photon source, sets industry standards and earns acclaim from leading quantum technology groups worldwide. With roots in over two decades of pioneering research at the Niels Bohr Institute, our technology seamlessly integrates with leading photonic quantum computing platforms and communication systems. Our dedication to advancing light-matter interfaces for quantum technologies ensures we deliver essential components for scaling up advanced quantum technology applications in information processing and communication.
Discover more about Sparrow Quantum at www.sparrowquantum.com.
About the Niels Bohr Institute, Copenhagen University:
At the Niels Bohr Institute, University of Copenhagen, we research and teach in a broad spectrum of physics areas: quantum computers and communication, astrophysics, particle physics, computational physics, solid state physics, climate and geophysics, and biophysics. In the past decade, our research in solid-state physics and quantum optics has continuously intensified with several new, large research centres. Among the latest is the Copenhagen Center for Biomedical Quantum Sensing, which will research in the development of ultra-sensitive sensors for the early detection of diseases. Last year, the Novo Nordisk Foundation Quantum Computing Program was also inaugurated, the goal of which is to develop a fully functional quantum computer within the next 12 years.
For more information, please visit www.nbi.ku.dk.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240313844049/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Lattice to Showcase Advanced Edge AI Solutions at the FPGA-forum 202628.1.2026 22:00:00 CET | Press release
Lattice Semiconductor (NASDAQ: LSCC), the low power programmable leader, today announced its exhibition plan for the upcoming FPGA-forum 2026 taking place February 11 – 12, 2026 in Trondheim, Norway. As part of the event, Lattice Corporate Vice President of Software Solutions and Applications Engineering Eleena Ong will deliver a keynote presentation exploring how rapidly maturing AI technologies can turn FPGA platforms into innovation canvases for a much broader range of developers, sparking new application possibilities. Lattice will also deliver a technical presentation and host a demo showcase focused on how its low power FPGA solutions are advancing connectivity and edge AI applications. Who: Lattice Semiconductor What / When (GMT+1): Lattice Demo Showcase (Table #3), Feb 11-12 Keynote Feb. 11, 9:30 a.m. “Unlocking the Next Wave of FPGA Innovators with Generative and Agentic AI” Technical Presentation Feb. 12, 10 a.m. “Smaller. Cooler. Smarter: Lattice FPGAs’ Path to Uncompromised
Egon Zehnder Elects German Herrera as New Chair28.1.2026 20:01:00 CET | Press release
Herrera succeeds Michael Ensser, who will remain an active member of the Firm after his term in a planned transition. Egon Zehnder, the world’s premier leadership advisory firm, today announced that, in accordance with its established governance and three-year election cycle, German Herrera has been elected as the Firm’s next Chair by its worldwide partnership. Herrera will assume the role effective March 1, 2026. He will succeed Michael Ensser, who has held the position since 2022, in a planned succession at the conclusion of his regular term. Herrera joined the Firm in 1998 in Bogotá and has helped shape the Firm’s global presence, taking on a broad range of leadership roles, from co-leading the Global Family Business Advisory Practice to serving on the Executive Committee and the Market Council. Most recently, Herrera has guided Egon Zehnder’s U.S. market through a period of impressive growth and transformation, which today includes 15 offices and more than 150 consultants. As the f
De' Longhi Group - Record Preliminary 2025 Revenues of €3.8 Billion, up 10.4% at Constant Exchange Rates28.1.2026 19:25:00 CET | Press release
The Group closed 2025 with brilliant results and solid growth at constant currency across both divisions throughout the year, further confirmed by an organic expansion of 8.2% in Q4 Below are the preliminary 2025 revenues for the De’ Longhi S.p.A. Group: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260128191504/en/12 months, revenues at € 3,801.5 million, growing at 8.7% (+10.4% at constant currency); fourth quarter, revenues at € 1,340.0 million, growing at 5.7% (+8.2% at constant currency). Fabio de' Longhi, CEO of the Group, stated: "The Group achieved solid growth at constant currency of 10.4% in 2025, characterized by consistent results throughout the year. We are particularly pleased with the excellent performance achieved in the fourth quarter, which successfully overcame the challenges posed by the current market environment. The household division consolidated its recent growth momentum during the quarter, with or
Organon Completes Divestiture of JADA® System to Laborie28.1.2026 18:45:00 CET | Press release
Organon (NYSE: OGN), a global healthcare company with a mission to deliver impactful medicines and solutions for a healthier every day, announced today the successful closing of the sale of its JADA® System to Laborie Medical Technologies Corp. Please see our prior announcement for a summary of the transaction terms. Indications for Use The JADA® System is intended to provide control and treatment of abnormal postpartum uterine bleeding or hemorrhage when conservative management is warranted. Contraindications Ongoing intrauterine pregnancy Untreated uterine rupture Unresolved uterine inversion Current cervical cancer Known uterine anomaly Current purulent infection of vagina, cervix, or uterus For C-sections: Cervix <3 cm dilated before use of JADA Warnings Avoid excessive force when inserting JADA into the uterus or trauma to uterine wall may occur, including perforation. The safety and effectiveness of the JADA System in delivery at a gestational age <34 weeks or, if multiples, uter
Laserfiche Expands AI Data Capture with Auto-Classification to Transform Data into Business Intelligence28.1.2026 16:00:00 CET | Press release
New intelligent features automatically organize and classify documents, transforming how organizations manage information at scale. Laserfiche — the leading SaaS provider of intelligent content management — today announced major enhancements to its AI-powered data extraction tool, Smart Fields. The update introduces automated document classification and tagging, allowing organizations to move from unstructured content to informed decisions in seconds. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260128228490/en/ Using natural language prompts instead of rigid, ruled-based OCR, Smart Fields can now identify document type — such as invoices, taxpayer identification forms, or student transcripts — and automatically apply the correct metadata template using AI. Users can also use Smart Fields to automatically add informational and security tags to files that meet certain criteria, defined using a natural language prompt. Users
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom