Breaking
Rigetti Signs Definitive Agreement for $100M with U.S. Government to Accelerate R&D for Superconducting Quantum ComputingD-Wave Secures Access to Up to $100M in CHIPS Act FundingRigetti Signs Definitive Agreement for $100M with U.S. Government for Quantum Computing R&DQuantum Firm Pasqal Shares Jump 95% in Debut Via SPAC MergerBipartisan Congress Moves To Boost Quantum FundingTuringQ Planning to IPO and In Race to Become China’s First Public Quantum FirmCongress Moves to Boost Quantum Funding as US Competes With China, EuropeIBM, Qedma Demo Quantum Advantage Beyond Classical Computing LimitsIonQ Completes $1.8 Billion Acquisition of SkyWater Technology to Become First Vertically Integrated Quantum PlatformIBM and Ecosystem Partners Demonstrate Trusted Quantum Advantage Beyond Classical LimitsIonQ Completes $1.8 Billion Acquisition of SkyWater TechnologyAlgorithmiq and IBM Achieve Quantum Advantage Milestone in Heterogeneous Matter SimulationIonQ Receives Final Regulatory Approval for $1.8B SkyWater Technology AcquisitionPsiQuantum Secures $125 Million DARPA Agreement for Quantum BenchmarkingDARPA Awards $125 Million to PsiQuantum for Fault-Tolerant System ValidationWhite House Announces $5 Billion 'Genesis Mission' to Fuel Quantum and AI ResearchIBM to Acquire HRL Laboratories to Accelerate Silicon-Spin Qubit DevelopmentIBM to Acquire HRL Laboratories to Scale Silicon-Spin Quantum ComputingWhite House Launches $5 Billion 'Genesis Mission' for Quantum-AI InfrastructurePsiQuantum Signs $125 Million DARPA Deal for Quantum BenchmarkingRigetti Signs Definitive Agreement for $100M with U.S. Government to Accelerate R&D for Superconducting Quantum ComputingD-Wave Secures Access to Up to $100M in CHIPS Act FundingRigetti Signs Definitive Agreement for $100M with U.S. Government for Quantum Computing R&DQuantum Firm Pasqal Shares Jump 95% in Debut Via SPAC MergerBipartisan Congress Moves To Boost Quantum FundingTuringQ Planning to IPO and In Race to Become China’s First Public Quantum FirmCongress Moves to Boost Quantum Funding as US Competes With China, EuropeIBM, Qedma Demo Quantum Advantage Beyond Classical Computing LimitsIonQ Completes $1.8 Billion Acquisition of SkyWater Technology to Become First Vertically Integrated Quantum PlatformIBM and Ecosystem Partners Demonstrate Trusted Quantum Advantage Beyond Classical LimitsIonQ Completes $1.8 Billion Acquisition of SkyWater TechnologyAlgorithmiq and IBM Achieve Quantum Advantage Milestone in Heterogeneous Matter SimulationIonQ Receives Final Regulatory Approval for $1.8B SkyWater Technology AcquisitionPsiQuantum Secures $125 Million DARPA Agreement for Quantum BenchmarkingDARPA Awards $125 Million to PsiQuantum for Fault-Tolerant System ValidationWhite House Announces $5 Billion 'Genesis Mission' to Fuel Quantum and AI ResearchIBM to Acquire HRL Laboratories to Accelerate Silicon-Spin Qubit DevelopmentIBM to Acquire HRL Laboratories to Scale Silicon-Spin Quantum ComputingWhite House Launches $5 Billion 'Genesis Mission' for Quantum-AI InfrastructurePsiQuantum Signs $125 Million DARPA Deal for Quantum Benchmarking

Quantum Companies & Organizations

64 organizations tracked

Organization Type

Quantum Modality

Quantum Roadmap

Timeline by Company
Company2026203020352040
IONQIonQ
Commercial leaderScalingMature platformIndustry leader?
QNTQuantinuum
Logical qubit leaderScalingMature platformIndustry leader?
XNDUXandadu
ValidationBreakout periodMajor contenderPotential winner
INFQInfleqtion
ValidationGrowth phaseMajor contenderPotential winner
QUBTQuantum Computing Inc
SpeculativeProve modelPossible breakoutUnknown
BTQBTQ
PQC adoptionStrong growthInfrastructure layerMature
ARQQArqit
PQC adoptionStrong growthInfrastructure layerMature
LAESSEALSQ
Secure hardwareGrowthInfrastructure layerMature

Technology Maturity

If you asked me where we are right now:

LayerYear Equivalent
AIInternet 2008
Quantum ComputingInternet 1995
Quantum NetworkingInternet 1985
PQC SecurityInternet 2000
Quantum SensingInternet 2003

Quantum Security Company Map

2026 — 5 Architecture Layers · 27 companies tracked

Quantum ThreatCryptographic DiscoveryPQC Migration / OrchestrationQuantum-Safe Hardware & PKIQuantum-Secured Networks

Quantum Threat

(8)

Large incumbents and hyperscalers addressing the quantum threat at enterprise/internet scale

CompanySymbolCapabilityPositionRelevance
IBMIBMQuantum-safe cryptography, discovery, migration and enterprise servicesLarge enterprise platformLower-risk exposure
Palo Alto NetworksPANWCrypto discovery, quantum-readiness and security platform integrationLarge incumbentLower-risk cybersecurity exposure
CloudflareNETHybrid PQC TLS and internet infrastructure deploymentLarge-scale deploymentStrong real-world adoption exposure
MicrosoftMSFTQuantum-safe migration across Azure, Windows and Microsoft infrastructureHyperscale deploymentInfrastructure exposure
AlphabetGOOGLChrome, TLS, Google Cloud and internal PQC migrationHyperscale deploymentInfrastructure exposure
AmazonAMZNAWS KMS, certificates, secrets and quantum-safe cloud infrastructureHyperscale deploymentInfrastructure exposure
FortinetFTNTPQC integration into enterprise network-security infrastructureLarge incumbentLower-risk exposure
Check Point Software TechnologiesCHKPQuantum-safe cybersecurity integrationLarge incumbentLower-risk exposure

Cryptographic Discovery

(2)

Cryptographic inventory, risk management, and asset discovery platforms

CompanySymbolCapabilityPositionRelevance
SandboxAQPrivateCryptographic inventory, risk management, PQC migrationStrong enterprise tractionOne of the most important private companies
DigiCertPrivateQuantum-safe certificates, crypto discovery and certificate lifecycleMajor PKI incumbentPotential IPO/M&A exposure

PQC Migration / Orchestration

(4)

PQC migration platforms, orchestration, and quantum-resistant software

CompanySymbolCapabilityPositionRelevance
QuSecurePrivateQuProtect orchestration and PQC migration platformCommercialImportant specialist
01 Communique LaboratoryONE / OONEFIronCAP quantum-resistant encryption and signaturesSmall commercial companyMicrocap asymmetry
PQShieldPrivatePQC software, hardware IP, embedded cryptographyLeading specialistPotential IPO/acquisition candidate
EntrustPrivateQuantum-safe PKI, identity and hardware security modulesEstablished incumbentEnterprise infrastructure

Quantum-Safe Hardware & PKI

(6)

Secure elements, HSMs, QRNG, embedded processors, and roots of trust

CompanySymbolCapabilityPositionRelevance
SEALSQLAESPQC-enabled secure elements, PKI, semiconductor roots of trustEarly commercialHigh asymmetry; hardware angle
NXP SemiconductorsNXPIQuantum-safe embedded processors and cryptographic accelerationLarge-scale semiconductor vendorStrong picks-and-shovels exposure
ThalesHO.PAEnterprise encryption, HSMs, secure communicationsLarge incumbentLower-risk quantum-security exposure
Crypto QuantiquePrivateQuantum-derived hardware roots of trust + device securityCommercializingIoT/embedded exposure
Quantum eMotionQNC / QNCCFQuantum random-number generation and entropyEarly stageSpeculative pure play
BTQ Technologies Corp.BTQ / BTQQFQuantum-safe signatures, blockchain security, cryptographic researchEarly commercialHigh asymmetry; high risk

Quantum-Secured Networks

(7)

QKD, quantum-safe networking, and quantum communication infrastructure

CompanySymbolCapabilityPositionRelevance
Arqit Quantum Inc.ARQQSymmetric key agreement, NetworkSecure, quantum-safe communicationsCommercializingPure-play public exposure
ID QuantiquePrivate / SK Telecom-controlledQuantum key distribution and random-number generatorsEstablished specialistOne of the oldest quantum-security vendors
Toshiba6502.T / Private-controlledQuantum communication networks and QKD systemsAdvanced commercial deploymentsStrategic exposure
CienaCIENOptical transport and quantum-secured communicationsCommercial infrastructureQuantum-networking picks and shovels
NokiaNOKQuantum-safe networks, optical transport, QKD/PQC integrationCommercial infrastructureQuantum-internet infrastructure exposure
Quantum Computing Inc.QUBTEntangled photon sources and quantum-secured optical communicationsEarly commercialHigh-risk photonics/security crossover
EigenQSVAQ → planned publicPQC systems, quantum-safe networks, sensingPre-SPAC completionImportant emerging public pure play

This is a non-exhaustive investable map; the global ecosystem already contains dozens of additional startups and specialists. A 2026 industry survey identified 25 major quantum-cryptography and communications companies, while broader databases track 95+ PQC-related vendors. The potential winners are different at every layer.

C

China National Quantum Program

China

China's national quantum program is one of the world's largest government investments in quantum technology, spanning computing, communication, and cryptography.

Photonic
$15000M funded
I

IBM

United States
IBM

Global technology leader transitioning into a 'quantum-centric supercomputing' company, integrating quantum processors with classical HPC environments.

Superconducting
$214.35
U

UK National Quantum Strategy

United Kingdom

The UK National Quantum Strategy is a 2.5 billion pound, 10-year program to make the UK a quantum-enabled economy by 2033.

Hybrid
$3200M funded
U

US National Quantum Initiative

United States

The US National Quantum Initiative (NQI) is a coordinated federal program to advance quantum information science and technology across America.

Hybrid
$2900M funded
G

Google Quantum AI

United States

Division of Alphabet (Google) dedicated to building the world’s first useful, error-corrected quantum computer for scientific discovery.

Superconducting
$2500M funded
P

PsiQuantum

Australia

Silicon photonics specialist focused on building a utility-scale quantum computer using proven semiconductor manufacturing processes.

Photonic
$2320M funded
Q

Quantinuum

United States

A vertically integrated quantum powerhouse formed by the merger of Honeywell Quantum Solutions and Cambridge Quantum.

Trapped Ion
$1340M funded
E

EU Quantum Flagship

European Union

The EU Quantum Flagship is a 1 billion euro, 10-year initiative to consolidate European quantum research and develop a quantum technology industry.

Hybrid
$1200M funded
N

NIST

United States

United States government agency (Department of Commerce) responsible for setting standards and metrics for quantum computing.

Trapped Ion
$1000M funded
N

NATO DIANA Quantum Program

NATO

NATO's Defence Innovation Accelerator for the North Atlantic (DIANA) includes quantum technology as a priority dual-use innovation area.

Hybrid
$1000M funded
U

US DoD Quantum Programs

United States

The US Department of Defense quantum programs span the Air Force Research Lab, Army Research Lab, and Navy ONR quantum research divisions supporting national defense.

Hybrid
$1000M funded
D

DARPA Quantum Programs

United States

DARPA's quantum programs include Underexplored Systems for Utility-Scale Quantum Technologies (US2QC) and numerous quantum sensing, networking, and computing initiatives for national defense.

Hybrid
$800M funded
I

India National Quantum Mission

India

India's National Quantum Mission (NQM) is a Rs 6,003 crore ($730M) initiative to develop quantum technologies across computing, communication, materials, and metrology.

Hybrid
$730M funded
A

Australia National Quantum Strategy

Australia

Australia's National Quantum Strategy aims to position the nation as a global leader in quantum technology, leveraging its strong research base and startup ecosystem.

Topological
$700M funded
U

US DOE Quantum Internet Backbone

United States

The US Department of Energy is building a nationwide quantum internet backbone connecting national labs, universities, and industry across multiple testbeds.

Quantum Networking
$625M funded
I

IonQ

United States
IONQ

The first pure-play quantum computing public company, specializing in trapped-ion technology for scalability and room-temperature operation.

Trapped Ion
$49.31
R

Rigetti Computing

United States
RGTI

A full-stack quantum company that designs and manufactures its own superconducting quantum chips and cloud software.

Superconducting
$18.38
S

Sequoia Capital

United States

Sequoia Capital is one of the most prominent venture capital firms investing in quantum computing startups, backing companies across multiple quantum modalities.

Software
$500M funded
I

IBM Poughkeepsie Quantum Data Center

United States

IBM Quantum Data Center in Poughkeepsie, NY houses multiple IBM quantum processors and serves as a cloud quantum computing hub for North America.

Superconducting
$500M funded
C

China Beijing-Shanghai Quantum Backbone

China

The Beijing-Shanghai Quantum Backbone Network is the world's longest quantum communication network, spanning 2,000km and linking Beijing, Jinan, Hefei, and Shanghai using quantum key distribution.

Quantum Networking
$500M funded
D

D-Wave Quantum

Canada
QBTS

Pioneer of quantum annealing for optimization; currently transitioning to a 'dual-platform' strategy including gate-model systems.

Quantum Annealing
$22.76
P

Pasqal

France

European leader in neutral atom quantum computing, specializing in analog and digital quantum simulation for energy and finance.

Neutral Atom
$415M funded
I

IBM Ehningen Europe Quantum Data Center

Germany

IBM's first European Quantum Data Center in Ehningen, Germany provides cloud quantum computing access to European clients with data sovereignty.

Superconducting
$400M funded
I

IARPA Quantum Programs

United States

IARPA, the Intelligence Advanced Research Projects Activity, funds high-risk, high-reward quantum research for the US intelligence community.

Hybrid
$400M funded
A

Andreessen Horowitz

United States

Andreessen Horowitz (a16z) is a major Silicon Valley VC firm actively investing in quantum computing and quantum-adjacent technologies.

Software
$400M funded
G

Google Quantum AI Lab Data Center

United States

Google Quantum AI Lab in Santa Barbara, California houses the Willow and Sycamore quantum processors, achieving quantum supremacy milestones.

Superconducting
$300M funded
F

Founders Fund

United States

Founders Fund is a San Francisco-based venture capital firm investing in ambitious technology companies including quantum computing.

$300M funded
U

UK DSTL Quantum Program

United Kingdom

UK Defence Science and Technology Laboratory (DSTL) runs quantum programs for the UK Ministry of Defence across sensing, navigation, and secure communications.

Hybrid
$260M funded
Q

Quantonation

France

The world's first and largest venture capital firm dedicated exclusively to quantum technologies and physics-based deep tech.

$260M funded
S

SBI Investment

Japan

SBI Investment is a leading Japanese venture capital firm investing in quantum technology across Asia.

$250M funded
X

Xanadu

Canada

Photonic quantum computing company known for its open-source PennyLane software and 'Borealis' hardware breakthroughs.

Photonic
$250M funded
X

Xanadu Toronto Quantum Data Center

Canada

Xanadu Quantum Data Center in Toronto, Canada houses the Aurora photonic quantum computer and serves as Xanadu's cloud quantum computing hub, accessible via the Xanadu Quantum Cloud platform.

Photonic
$250M funded
A

AWS Center for Quantum Computing

United States

Amazon Web Services (AWS) Center for Quantum Computing in Pasadena, CA is AWS's dedicated research and data facility for quantum hardware development.

Superconducting
$250M funded
Q

QuEra Computing

United States

Neutral atom market leader building highly reconfigurable quantum processors for optimization and simulation.

Neutral Atom
$247M funded
A

Amadeus Capital Partners

United Kingdom

Amadeus Capital Partners is a London-based venture firm investing in quantum technology across Europe.

Software
$200M funded
R

Rigetti Fab-1 Quantum Foundry

United States

Rigetti Computing manufactures superconducting quantum processors at its Fab-1 facility in Fremont, California, one of the world's only dedicated quantum chip foundries.

Superconducting
$200M funded
I

India National Quantum Communication Network

India

India's National Quantum Communication Network is being deployed under the National Quantum Mission, connecting major cities with QKD-enabled fiber infrastructure.

Quantum Networking
$200M funded
A

Atom Computing

United States

Neutral atom pioneer that achieved the first 1,000+ qubit system using optically trapped neutral atoms.

Neutral Atom
$190M funded
S

South Korea National QKD Network

South Korea

South Korea operates a nationwide QKD network connecting Seoul, Daejeon, and Busan, one of the world's first operational national quantum networks.

Quantum Networking
$180M funded
I

IBM Kawasaki Japan Quantum Data Center

Japan

IBM Quantum System One in Kawasaki, Japan is the first IBM quantum computer installed in Asia, accessible to UTokyo and Japanese research partners.

Superconducting
$150M funded
E

Europe Quantum Internet Alliance Network

Netherlands

Quantum Internet Alliance and QuTech are building Europe's first metropolitan quantum network connecting Delft, The Hague, Amsterdam, and Leiden.

Quantum Networking
$150M funded
M

MIT

United States

Premier academic institution for quantum research and development via the MIT Center for Quantum Engineering.

Hybrid
$150M funded
B

Bluefors Cryogenic Systems Manufacturing

Finland

Bluefors is the world's leading manufacturer of dilution refrigerators, the cryogenic systems essential for superconducting quantum computers, based in Helsinki, Finland.

Superconducting
$150M funded
U

University of Science and Technology of China

China

USTC is China's premier quantum research institution, home to Pan Jianwei's quantum communication and computing research groups.

Photonic
$150M funded
I

IQM Quantum Computers Manufacturing

Finland

IQM Quantum Computers manufactures superconducting quantum processors in Espoo, Finland, one of Europe's leading quantum hardware manufacturers.

Superconducting
$130M funded
T

TU Delft

Netherlands

QuTech at TU Delft is a world-leading quantum technology institute, co-founded with TNO, pioneering spin qubits and quantum internet.

Topological
$130M funded
S

Stanford University

United States

Stanford Quantum Fundamentals, Engineering, and Architecture (Q-FARM) is a hub for quantum science and engineering research.

Hybrid
$120M funded
J

Japan Tokyo QKD Network

Japan

Japan's quantum network testbed connects Tokyo research institutions using QKD over metropolitan fiber, operated by NICT and NTT.

Quantum Networking
$120M funded
H

Harvard University

United States

Harvard Quantum Initiative is a cross-disciplinary research center advancing quantum science and engineering.

Neutral Atom
$110M funded
U

UK Quantum Network (UKQN)

United Kingdom

The UK Quantum Network (UKQN) links Bristol, Cambridge, and London with a national quantum communication testbed.

Quantum Networking
$100M funded
A

Atos Quantum Learning Machine Manufacturing

France

Atos / Eviden Quantum Learning Machine manufacturing in Les Clayes-sous-Bois, France produces quantum simulator hardware used by research institutions worldwide.

Software
$100M funded
U

University of Maryland

United States

Joint Quantum Institute (JQI) and Quantum Technology Center at UMD are leaders in trapped ion and quantum networking research.

Trapped Ion
$100M funded
T

Tsinghua University

China

Tsinghua's Institute for Interdisciplinary Information Sciences (IIIS) is a leader in Chinese quantum computing research.

Superconducting
$100M funded
M

Micius Quantum Satellite Network

China

Micius is the world's first quantum communication satellite, enabling intercontinental QKD links between China and Europe over 7,600km.

Quantum Networking
$100M funded
E

ETH Zurich

Switzerland

ETH Zurich is a world leader in quantum science, home to the Quantum Center and multiple quantum spin-offs including ID Quantique.

Hybrid
$95M funded
C

Caltech

United States

Caltech's Institute for Quantum Information and Matter (IQIM) is a leading center for quantum science research.

Hybrid
$90M funded
U

University of Oxford

United Kingdom

Oxford Quantum Circuits and the Oxford-led UK National Quantum Computing Centre are at the forefront of European quantum research.

Superconducting
$85M funded
Q

Quantum Computing Inc. Manufacturing

United States

Quantum Computing Inc. (QCi) manufactures photonic and quantum-inspired computing systems at its facilities in Leesburg, Virginia, focusing on accessible quantum solutions.

Photonic
$80M funded
U

University of Tokyo

Japan

UTokyo Quantum Initiative leads Japan's quantum computing research, partnering with IBM on Japan's first IBM quantum computer.

Superconducting
$80M funded
U

University of Cambridge

United Kingdom

Cambridge Quantum Computing (CQC) and the university's quantum optics groups are leaders in quantum software and hardware.

Software
$75M funded
U

University of New South Wales

Australia

UNSW's Centre for Quantum Computation and Communication Technology (CQC2T) is a global leader in silicon spin qubit technology.

Topological
$70M funded
S

SEEQC Cryogenic Quantum Electronics Manufacturing

United States

SEEQC designs and manufactures digital quantum control electronics that operate at cryogenic temperatures, a critical component for scaling quantum computers.

Superconducting
$70M funded
U

University of Sydney

Australia

Sydney Quantum Academy and the University of Sydney are key players in the Australian quantum ecosystem.

Software
$60M funded
I

Indian Institute of Science

India

IISc Bangalore's Centre for Quantum Information and Computing (CQuIC) is India's leading quantum research institution.

Photonic
$50M funded

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