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Country: France

French manufacturer of quantum computers

The company has raised €100 million in 2023 to finance its research and development

News

Quantum computing: multiple challenges 20/08/2023

  • According to Hyperion, the nascent quantum computing market would have accounted for over $600 million in revenues by 2022, while IDC estimates that it would have exceeded $1 billion.
  • IDC still expects very strong market growth, with average annual growth of 48% between now and 2027.
  • IDC has revised its outlook downwards, indicating that the quantum computing market should be worth "only" 7.6 billion euros in four years' time, compared with the previously hoped-for 8.6 billion euros.
  • A report by McKinsey indicates a 61% drop in the number of patent applications for quantum technologies in 2022 compared with 2021.
  • Quantonation, an investment fund, has launched a second quantum fund with the aim of raising over 200 million euros. Their first fund raised 91 million euros.

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