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QphoX Raises $8M for Quantum Modem Tech

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DELFT, Netherlands, Jan. 19, 2023 — Dutch quantum computing company QphoX has raised an €8 million ($8.7 million) funding round. The investment is reportedly the largest made in a quantum company in the Netherlands to date. QPhox is developing the core hardware required to allow quantum computers to communicate over an optical network. This will enable the scalability of large quantum computing systems within a data center, and ultimately form the backbone of the future quantum internet. Since raising €2 million ($2.2 million) in 2021, QphoX has made significant advances in its technology, including recent...Read full article

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    Published: January 2024
    Glossary
    quantum
    The term quantum refers to the fundamental unit or discrete amount of a physical quantity involved in interactions at the atomic and subatomic scales. It originates from quantum theory, a branch of physics that emerged in the early 20th century to explain phenomena observed on very small scales, where classical physics fails to provide accurate explanations. In the context of quantum theory, several key concepts are associated with the term quantum: Quantum mechanics: This is the branch of...
    modem
    Modulator/demodulator. An electronic device that modulates and demodulates signals transmitted over communications lines.
    Businessfundraisingquantumquantum computingquantum photonicsQphoXinvestmentfundingfunding roundmodemNetherlandsstartupEurope

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