By Sandra Helsel posted 02 Jul 2024
News Briefs:
Post-Quantum selected for NIST’s National Cybersecurity Center of Excellence Quantum Migration Project
The National Institute of Standards and Technology (NIST) established a consortium of organisations as part of its National Cybersecurity Center of Excellence (NCCoE) “Migration to Post-Quantum Cryptography (PQC)” project. Today, Post-Quantum, the oldest specialist PQC firm in the world, has been selected to be a part of the project, supporting it in developing tangible PQC implementations and use cases, as per the July 2 news release.
Post-Quantum’s selection will see the company playing a central role in:
- Ensuring smooth transition and deployment of VPN that will protect us from HNDL attacks
- Ensuring that backward compatibility is supported
- Testing different PQC algorithm configurations in hybrid arrangement, not only in those standardised by NIST, but also other PQC algorithms.
- Providing in particular unique implementation know-how in securing edge to mobile end-points
Andersen Cheng, Executive Chairman, Post-Quantum commented: “Our priority over the last few years has been on accelerating real-world implementations.The NCCoE project brings together experts from industry, government, and academia to address the real-world needs of securing complex IT systems and protecting the nation’s critical infrastructure. Participants include Palo Alto Networks, Amazon Web Services (AWS), Cisco, Microsoft and VMWare as well as other vendors who are sharing their expertise in planning for and implementing post-quantum cryptographic algorithms.”
Governor Polis announces major win for Colorado with $40.5 M Tech Hub funding for Quantum
Governor Polis and the Colorado Office of Economic Development and International Trade (OEDIT) announced that Elevate Quantum (EQ) was selected for $40.5 million in funding by the Economic Development Administration (EDA) as part of its Phase 2 Tech Hub grant funding as per the July 2 news release. EQ — a consortium of private and public sector organizations, academic institutions and nonprofits across Colorado, New Mexico, and Wyoming — was among the 31 Tech Hubs designated by the Biden Administration in October 2023.
Governor Polis recently signed bipartisan legislation investing an additional $74 million in the quantum industry’s development, including $44 million in refundable tax credits to help fund a shared quantum research facility and $30 million for a loan loss reserve to create greater access to capital for small and medium Colorado quantum companies. Establishing Colorado as the global hub for quantum computing is projected to create more than $1 billion in economic impact statewide and initiatives made possible by the funding announced today are expected to create over 10,000 jobs. Colorado is shovel-ready for scaling from today’s thousands of quantum jobs to tens of thousands in less than five years. Colorado is already home to the largest consortium of quantum organizations in the country.
LightSolver selected by Airbus and BMW Group as a finalist in quantum computing challenge
LightSolver, creator of a new laser-based computing paradigm, today announced its selection as a finalist for the Airbus and BMW Group Quantum Computing Challenge (ABQCC) according to the July 1 news release. The challenge seeks to accelerate progress in leveraging quantum and quantum-inspired technologies for industrial applications.
LightSolver will use its laser-based computing system, which harnesses the unique properties of light to provide high-performance computing power capable of solving complex computational problems. Mimicking some quantum effects, the system scans multiple possibilities at once. Processing in parallel, it overcomes the performance barriers of electronics to execute mathematical operations at unprecedented speed, challenging its quantum and supercomputer counterparts.
Sandia highlights quantum computers’ superior memory efficiency in math problems
Theoretical computer scientists at Sandia National Laboratories and Boston University have discovered that quantum computers are unrivaled at solving an advanced math problem according to June 1 news release. Unusually, they proved quantum computers are not faster than regular computers; instead, they use far less memory.
The revelation upends the conventional wisdom that the value of a quantum computer is that it can solve certain problems much faster than a normal one. It could also help researchers find more real-world uses for the rapidly advancing tech.
“This is the first exponential quantum advantage for a natural streaming problem,” said Sandia’s Ojas Parekh, a member of the team.
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- Source: https://www.insidequantumtechnology.com/news-archive/quantum-news-briefs-july-2-post-quantum-selected-for-nists-national-cybersecurity-center-of-excellence-quantum-migration-project-governor-polis-announces-major-win-for-colorado-wit/
