IQM Quantum Computers to Deliver Czech Republic’s First Quantum Computer With Unique Star Topology

 

• IQM will deliver a “Radiance Star 24-qubit" full stack quantum computer to the IT4Innovations National Supercomputing Centre in Ostrava, Czech Republic.
• Owned by the EuroHPC Joint Undertaking (EuroHPC JU), the LUMI-Q consortium system will be connected to the EuroHPC petascale supercomputer Karolina
• The system runs on IQM’s next generation superconducting chip, which implements IQM’s proprietary star topology QPU designed to run quantum error correction and other complex algorithms more effectively.

 

(BUSINESS WIRE)--IQM Quantum Computers (IQM), a global leader in designing, building, and selling superconducting quantum computers, today announced the company has won a contract to deliver the Czech Republic’s first quantum computer to be installed at the IT4Innovations National Supercomputing Centre in Ostrava.

The contract is part of the European High Performance Computing Joint Undertaking (EuroHPC JU) program. This will be the first quantum computer in an HPC centre that will run on IQM´s unique Star Architecture, where 24 qubits are connected to a central resonator. The proprietary star topology QPU is designed to work more efficiently with IQM's latest quantum error correction and other complex algorithms.

Commenting on this announcement, IQM Co-CEO, Mikko Välimäki said: “Winning the first quantum computer delivery in the Czech Republic is a significant milestone for IQM and the entire Central European quantum community. We are extremely excited as this is the first customer system based on our next generation star topology QPU, which is set to shortcut the path to quantum error correction. We are looking forward to working with the IT4Innovations National Supercomputing Centre to push the boundaries of quantum computers further.”

"We are excited to have a quantum computer with the new unique QPU topology. This architecture will significantly improve the efficiency of computations and the scalability of our system. The star topology offers optimal connections between qubits, minimising error rates and increasing the reliability of quantum operations. Thanks to this topology, we can better utilise quantum entanglement and achieve faster and more accurate results in a wide range of applications, from artificial intelligence to complex system simulations," said Branislav Jansík, Supercomputing Services Director at IT4Innovations.

The quantum computer is being built as part of the nine-nation LUMI-Q consortium. It will be available to a wide range of end-users, from the scientific community to industry and the public sector, to actively explore applications and algorithms.

The EuroHPC Joint Undertaking has a budget of around €7 billion for the period 2021-2027 and is funding the procurement of quantum computers for European HPC centres. This will address the growing demand for quantum computing resources from European industry and research institutions, along with the development of a wide range of industrial and scientific applications.

“At IQM, we are proud to be a provider of strategic technology in Europe. Our team has worked hard to make sure that we can deliver on-premises and next-generation quantum computers for high-performance computing centres. This ambitious project will ensure Europe's sovereignty in this critical technology and pave new ways towards efficient error-correction,” said Dr. Jan Goetz, Co-CEO at IQM Quantum Computers.

Read EuroHPC JU and IT4Innovations National Supercomputing Center announcements here: https://eurohpc-ju.europa.eu/advancing-european-quantum-computing-signature-procurement-contract-eurohpc-quantum-computer-located-2024-09-24_en

https://www.it4i.cz/en/about/infoservice/news/europe-takes-a-quantum-leap-lumi-q-consortium-signs-contract-to-establish-quantum-computer-in-the-czech-republic

About IQM Quantum Computers:

IQM is a global leader in designing, building, and selling superconducting quantum computers. IQM provides both on-premises full-stack quantum computers and a cloud platform to access its computers anywhere in the world.

IQM customers include the leading high-performance computing centres, research labs, universities and enterprises which have full access to IQM's software and hardware. IQM has over 280 employees with offices in Espoo, Munich, Paris, Warsaw, Madrid and Singapore.

 

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www.meetiqm.com

Global Oncology Innovator BeiGene Appoints Shalini Sharp to Board of Directors

 

SAN MATEO, Calif. - 

(BUSINESS WIRE)--BeiGene, Ltd. (NASDAQ: BGNE; HKEX: 06160; SSE: 688235), a global oncology company, today announced the appointment of Shalini Sharp to its Board of Directors and as a member of the Board’s Audit Committee, effective September 27, 2024.

“We are fortunate to welcome Shalini to the Board of Directors at this pivotal moment of growth,” said John V. Oyler, Co-Founder, Chairman and CEO of BeiGene. “The Board is looking forward to collaborating with Shalini, whose extensive experience in leading innovative global pharmaceutical companies will be invaluable as we enter new markets, advance our pipeline of groundbreaking cancer therapies, and embark on a transformative growth phase. Her financial expertise and proven success in guiding global enterprises will be instrumental in driving our path to profitability while continuing to deliver impactful medicines to more patients worldwide.”

Ms. Sharp is a leading financial executive with extensive experience in the pharmaceutical and investment banking industries. She currently serves as a board member of Neurocrine Biosciences and Organon & Co. Previously, she served on the boards of Mirati Therapeutics, Sutro Biopharma, Precision Biosciences, Panacea Acquisition Corp., Array Biopharma, and Agenus Inc.

Ms. Sharp previously served as Chief Financial Officer and Executive Vice President at Ultragenyx, as well as Chief Financial Officer and Vice President at Agenus. She previously held positions at Elan Pharmaceuticals, McKinsey & Company, and Goldman Sachs.

“I am honored to join BeiGene’s Board of Directors at a time of rapid global growth for the Company,” said Ms. Sharp. “BeiGene’s commitment to innovation and differentiated mission to lower barriers to access around the world resonate deeply with me, and I’m excited to work with the Board to impact even more patients’ lives.”

Ms. Sharp holds a B.A. and an MBA from Harvard University.

The full Board of Directors list is available on the BeiGene website at https://www.beigene.com/our-company-and-people/leadership-and-board/#CorporateLeaders.

About BeiGene

BeiGene is a global oncology company that is discovering and developing innovative treatments that are more affordable and accessible to cancer patients worldwide. With a broad portfolio, we are expediting development of our diverse pipeline of novel therapeutics through our internal capabilities and collaborations. We are committed to radically improving access to medicines for far more patients who need them. Our growing global team of more than 10,000 colleagues spans five continents. To learn more about BeiGene, please visit www.beigene.com and follow us on LinkedIn, X (formerly known as Twitter), Facebook and Instagram.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws, including statements regarding the expected contributions of the new board member, BeiGene’s ability to advance its pipeline and progress towards transformative growth and sustainable profitability and BeiGene’s plans, commitments, aspirations, and goals under the caption “About BeiGene”. Actual results may differ materially from those indicated in the forward-looking statements as a result of various important factors, including BeiGene’s ability to demonstrate the efficacy and safety of its drug candidates; the clinical results for its drug candidates, which may not support further development or marketing approval; actions of regulatory agencies, which may affect the initiation, timing and progress of clinical trials and marketing approval; BeiGene’s ability to achieve commercial success for its marketed medicines and drug candidates, if approved; BeiGene's ability to obtain and maintain protection of intellectual property for its medicines and technology; BeiGene’s reliance on third parties to conduct drug development, manufacturing, commercialization, and other services; BeiGene’s limited experience in obtaining regulatory approvals and commercializing pharmaceutical products; BeiGene’s ability to obtain additional funding for operations and to complete the development of its drug candidates and achieve and maintain profitability; and those risks more fully discussed in the section entitled “Risk Factors” in BeiGene’s most recent quarterly report on Form 10-Q, as well as discussions of potential risks, uncertainties, and other important factors in BeiGene’s subsequent filings with the U.S. Securities and Exchange Commission. All information in this press release is as of the date of this press release, and BeiGene undertakes no duty to update such information unless required by law.

 

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Contacts

 

Investor

Liza Heapes

+1 857-302-5663

ir@beigene.com

Media

Kyle Blankenship

+1 667-351-5176

media@beigene.com

UCC Holding Ranked 42nd in ENR’s Top International Contractors

 Urbacon Holding, a leader in energy, concessions, and construction, announced its ranking as the 42nd top international contractor for 2024, according to Engineering News-Record (ENR). The company celebrated this achievement during the ConteQ Expo 2024 in Qatar, where it participated as the event's official sponsor.

The event brought together UCC Holding’s Board of Directors and senior management, who emphasized the company’s ongoing efforts to integrate advanced construction technologies into its operations. During the expo, UCC Holding introduced three innovative construction methods: 3D construction printing, concrete modular construction, and steel structure modular construction.

These technologies are already being incorporated into UCC’s future projects, including a series of schools set for construction in 2025. Using COBOD’s third-generation 3D construction printers, the two-story schools will span a 100 x 100-meter area. The BOD XL printers, known for their efficiency and precision, will enable fast and cost-effective construction, with a strong focus on safety and sustainability.

UCC Holding’s Chairman Moutaz Al Khayyat said, “Being recognized as one of the top international contractors is a testament to our commitment to innovation and excellence. The technologies we are implementing will not only improve project efficiency but also set new standards in safety and sustainability across the industry.”

Ramez Al Khayyat, President of UCC Holding, also commented on this achievement, stating, “Our success as a top international contractor is a result of our strategic investments in innovation and our people. At UCC Holding, we are committed to continually evolving our processes to meet the changing demands of the global construction industry. The integration of these advanced technologies into our projects reflects our forward-thinking approach and determination to deliver the highest quality outcomes for our clients.”

UCC Holding’s focus on cutting-edge technology underscores its leadership in the global construction industry, positioning the company to take on more complex and ambitious projects in the future.

 

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Aladdin Idilbi

A.idilbi@powerholding-intl.com

Vasion Announces Product Name Change from PrinterLogic to Vasion Print, Marking a New Era in Digital Transformation

  ST. GEORGE, Utah - Thursday, 26. September 2024 AETOSWire 

(BUSINESS WIRE)--Vasion, a leading innovator in orchestrated automation, is proud to announce that their serverless cloud print solution PrinterLogic is now Vasion Print. This strategic transformation reflects the company’s expanded vision and commitment to delivering comprehensive automation solutions beyond traditional print management.

Founded as PrinterLogic, Vasion continues to innovate in print automation and beyond. Earlier this year, they launched Vasion Automate, a cloud-native platform that integrates print automation, output management, document management automation, and business process automation into one advanced orchestrated automation platform. With this new platform, the company introduced a new product name to represent its expanded capabilities.

“Renaming this part of our platform from PrinterLogic to Vasion Print aligns with our evolution into a comprehensive automation solution. This new identity represents our commitment to delivering everything IT leaders need for digital automation in one place, without the need for additional vendors, services, or complex integrations. Our goal is to simplify and support your digital transformation by providing advanced tools and features directly at your fingertips, seamlessly integrated into one powerful platform,” said Vasion Founder & CEO Ryan Wedig.

Learn more about the product name change and for more information about Vasion and its innovative Vasion Print solution, visit www.vasion.com.

About Vasion:

Vasion revolutionized print automation with a cloud-native SaaS solution and is now a leader in intuitive orchestrated automation. Organizations can simplify their digital transformation using Vasion’s automation platform to integrate their print output with the digital work teams do today: capturing data, applying AI, OCR and ICR, building and automating workflows, digital signatures, universal content storage and search, built-in compliance controls, and cloud-based output automation combining end user print and output management. Vasion accelerates digital transformation by enabling leaders to leverage advanced integrations for AI, with robust security in a Zero Trust environment, and integrating, directing, and analyzing their automations through a single platform. PrinterLogic® and Vasion® are registered trademarks, and Vasion Automate™ and Vasion Print™ are trademarks of Vasion in the United States and/or other countries.

 

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Nadia Romero, Sr. Manager of PR and Corporate Communications, nadia.romero@vasion.com

 

Canva Expands Developer Platform As App Uses Surpass 1 Billion

 SAN FRANCISCO 

New monetization resources and APIs support developers in building apps & integrations that bolster Canva’s AI platform and workplace offering

(BUSINESS WIRE)--Canva, the world’s only all-in-one visual communication platform, today unveiled updates for its growing Canva Developers community, as part of its vision to build the world’s most pluggable design platform.

At the company’s second annual Canva Extend conference in San Francisco, Canva introduced several new APIs, monetization through a premium apps program and added tools to help builders scale their businesses.

In one year, Canva’s developer community has expanded to include members from 122 countries, contributing to a marketplace of 300 apps and counting. These apps have been used 1 billion times since the start of the Canva Developer Program in June 2023. Building on the Canva platform gives developers a simple way to put their app in the hands of Canva’s 190 million monthly active users, who in turn benefit from access to new technology to achieve their goals.

"Our vision is to create the most interoperable work platform through apps and integrations, while offering a rewarding experience for the developers who build them,” said Anwar Haneef, GM and Head of Ecosystem at Canva. “In partnership with developers from around the world, we’ve introduced hundreds of AI and design capabilities and are scaling Canva faster than ever. We’re incredibly excited to continue growing together in the years ahead.”

Canva adds value and growth opportunities for app developers

Users in an infinite range of professions and organizations are already embracing apps on Canva to speed up content creation, enhance their editing and find new inspiration.

Today’s updates expand what can be built on Canva, and make apps easier for users to discover:

Monetization - With the Premium Apps Program, eligible developers can include premium features in their apps and get paid for those features based on engagement.

Translation services - Canva will translate app content to help developers engage its global user base, for free.

Easier app discovery - Apps will now be shown alongside Canva’s own editing tools on the platform’s Text tab, Elements tab, Photo Editor, inside Canva Docs and more. This makes it easier for users to find apps most relevant to their work.

New app APIs - Canva is expanding its Canva Apps SDK with a new suite of capabilities:

Content Query API - enables apps to read and update text, unlocking possibilities for translation apps, document AI assistants, writing assistants and more.

Design Editing API (beta) - makes design and layout automation easy, such as for an app that adds or modifies elements in a plain design based on prompts.

Tables API - lets apps add tables with content to designs.

Authentication API - simplifies authentication for apps, making it easier to implement industry-standard OAuth protocol.

In addition to APIs and monetization opportunities, Canva Developers have access to resources that range from app design to go-to-market assistance.

“With so many marketers using Canva to create organic and paid media assets for Meta, we wanted to build an app that makes it seamless for them to apply Meta’s creative best practices. We worked hand-in-hand with Canva on design, development, and go-to-market efforts for the Meta Design Check app, which truly simplifies the creative process for our users,” said Cecilia LV, Strategic Partnerships Lead at Meta.

A growing AI ecosystem

Following Canva’s acquisition of Leonardo.Ai in July, Canva also announced that developers can apply for access to Leonardo’s APIs, and receive initial credits to build their app.

Apps and integrations have become core to Canva’s AI strategy, and more than half of what’s found in the Canva Apps Marketplace is AI-powered. AI developers are finding a passionate audience on Canva. For example, during their first month on Canva, DeepReel grew new user sign ups by more than 10x, and Krikey 3D AI Animation saw a 23x increase in site traffic the day after launching their app on Canva.

Connect APIs and new Salesforce integrations show the power of a pluggable workflow

Since their launch in June of this year, organizations have been leveraging Canva’s Connect APIs to embed Canva into their workflows or products, with more than 300 Connect API integrations in active development.

Last week, Canva introduced Canva for Salesforce, a set of integrations powered by Connect APIs that turn custom datasets into assets that leave a lasting impression.

Sales teams can populate on-brand Canva templates with opportunity or account information from Salesforce in a single click, and also generate charts using data input from Salesforce. By automating the creation of custom presentations and pitch assets, sales teams can better focus on strategy and closing business.

Salesforce is one of several work platforms building on Canva, joining apps from Amazon Ads, Meta and Google Ads. Connect APIs are also bridging Canva with cloud integration platforms (iPaaS) like Workato, Zapier and Make.

Developer initiatives support Canva’s enterprise growth

Today’s announcements follow the launch of Canva Enterprise in May 2024, which gives organizations more control over how their teams use Canva. The addition of new APIs and developer resources makes it easier for teams to access essential data and use Canva alongside other essential workplace tools. Canva is now used in 95% of Fortune 500 companies, and has surpassed 190 million users and $2.3B in revenue.

About Canva

Launched in 2013, Canva is a free online visual communications and collaboration platform with a mission to empower everyone in the world to design. Featuring a simple drag-and-drop user interface and a vast range of templates ranging from presentations, documents, websites, social media graphics, posters, apparel to videos, plus a huge library of fonts, stock photography, illustrations, video footage, and audio clips, anyone can take an idea and create something beautiful.

Salesforce and others are among the trademarks of Salesforce, inc.

Downloadable Assets

Here

 

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oliviajohnson@canva.com

 

ZAPI GROUP to Exhibit Unparalleled Range of Charging Solutions at The Battery Show North America 2024

POVIGLIO, Italy - Thursday, 26. September 2024

ZAPI GROUP will launch the ZIVAN SG9, a new 9 kW off-board charging solution for off-highway vehicles and machines.

(BUSINESS WIRE)--ZAPI GROUP, a global leader in electrification headquartered in Italy, aims to grow the North American awareness of its brand’s solutions at the upcoming Battery Show North America, in Detroit (October 7-10). The full range of ZAPI GROUP's on-board (OBC) and off-board charging solutions, from 350 W to 36 kW, will be featured and supported by technical personnel from ZIVAN Srl (ZIVAN), Delta-Q Technologies (Delta-Q) and ZAPI GROUP.

"We are committed to delivering electrification enablement to our customers,” said Rod Dayrit, Global Director, Business Development for ZAPI GROUP’s charging solutions. “Our comprehensive charger lineup is designed for seamless integration with other electrification system components and battery technologies offered through our extensive partner network. With our global presence, we streamline sourcing, manufacturing, logistics, compliance, and OEM support across various industries, ensuring that our customers receive the best possible service no matter where they are."

The new 9 kilowatt ZIVAN-branded SG9 industrial charger will be on display at the ZAPI GROUP booth 5622. This highly flexible off-board fast charger can be configured for a variety of AC input sources for global deployment (both single and three phase voltages) and offers multiple charge voltages (36 to 96 volts DC) to support a wide array of battery packs.

"We are thrilled to showcase our latest product, a portable, powerful, and ruggedized off-board charging solution, distinct in the market at The Battery Show North America," said Simone Paterlini, Chief Operating Officer of ZIVAN. "The SG9 charger is IP-rated to withstand the harshest environments, providing portable high-power opportunity charging at construction and other outdoor industrial sites."

ZAPI GROUP invites The Battery Show attendees to booth 5622 to see the SG9 and explore its broader portfolio of battery charging solutions, including the recently released 3.3 kW on-board chargers offered under the Delta-Q and ZIVAN brands. The team will also showcase other electric drivetrain solutions, including electric motors and motor controllers. This event is an excellent opportunity for engineers, designers, and product managers to engage with our technical experts, discuss challenges, request samples, and explore ideas for their electrification projects.

For more information about Delta-Q Technologies or ZIVAN and their respective products, visit https://info.zapigroup.com/charging-solutions.

About ZAPI GROUP

ZAPI GROUP is engineering the transition to an all-electric future with a highly integrated product portfolio including motion controllers, electric motors, high-frequency battery chargers and autonomous navigation software for application in full electric and hybrid vehicles.

As a global electrification leader with deep systems experience, leading innovations, and an obsession with driving customers' success, ZAPI GROUP now counts more than 1700 employees worldwide with total annual revenue of more than 700 million dollars.

For more information, visit www.zapigroup.com.

 

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Media Contact for ZAPI GROUP
AnnMarie Carson
Communiqué PR
Phone: (206) 282-4923 ext. 119

HyperLight Accelerates Growth With $37M Funding Led by Summit Partners

CAMBRIDGE, Mass. - Tuesday, 24. September 2024

(BUSINESS WIRE)--HyperLight Corporation, a leading provider of thin film lithium niobate (TFLN) photonic integrated circuits (PICs), today announced a US$37 million Series B investment led by Summit Partners. The round includes participation from existing investors Xora Innovation, a deep tech venture fund backed by Temasek, and Foothill Ventures. Peter Chung, Managing Director and CEO of Summit Partners, will join HyperLight’s Board of Directors.

The continuing need for more bandwidth and greater power efficiency, accelerated by AI, is driving the industry’s transition to next-generation photonics technology. Current PICs have performance limitations due to their material properties and have become bottlenecks for high-performance optical communication. HyperLight’s TFLN PICs deliver unmatched bandwidth and energy efficiency well-aligned with the current and future needs of AI/data center infrastructure, telecommunications optical networks, and high-performance computing. Since the company’s founding in 2018, HyperLight has delivered industrial-scale TFLN PICs with a trusted supply chain. This new financing allows the company to accelerate product development and meet rapidly growing customer demand.

“We believe TFLN will be the photonics platform of the future and identified HyperLight as an emerging category leader,” said Peter Chung of Summit Partners. “The HyperLight team has established an impressive track record of pioneering innovation and strong execution. In a short time, the company has evolved this critical technology into market-ready products with a production-ready supply chain. We look forward to supporting the HyperLight team and working alongside the company’s current investors as they pursue their vision to build a category-defining company in photonics.”

“We are thrilled to welcome Summit Partners as a new investor given their capabilities and deep experience in photonics, including investments in E-TEK Dynamics, Finisar, MACOM and Acacia Communications,” said Mian Zhang, President and CEO of HyperLight Corporation. “This financing round, supported by investors with demonstrated experience in the photonics industry, will enhance our ability to serve the current and future needs of our customers as a trusted innovation partner. We are ready to serve the industry with high-speed and energy-efficient photonic IC solutions designed to enable the network of the future.”

About HyperLight Corporation

HyperLight delivers high-performance photonic ICs and cutting-edge photonics solutions. Founded in 2018 in Cambridge, MA, USA, HyperLight has been at the forefront of industrializing TFLN technology. The company designs, manufactures, and markets PICs based on its proprietary production grade TFLN platform, serving customers worldwide across optical communications, industrial equipment, and emerging photonics markets. HyperLight is dedicated to providing its customers with the highest performance and competitive total cost of ownership at scale. For more information, please visit https://hyperlightcorp.com/, or follow us on LinkedIn.

About Summit Partners

Founded in 1984, Summit Partners is a global alternative investment firm with capital dedicated to growth equity, fixed income, and public equity opportunities. Summit invests across growth sectors of the economy and has invested in more than 550 companies in technology, healthcare, and other growth industries. Notable investments in the communications technology sector include Acacia Communications, Arista Networks (NASDAQ: ANET), Ditech Networks, E-TEK Dynamics, Finisar, Hittite Microwave, MACOM (NASDAQ: MTSI), PowerWave Technologies, Sirenza Microdevices and Ubiquiti (NYSE: UI). Summit maintains offices in North America and Europe and seeks to invest in category-leading, profitable growth companies worldwide. For more information, please visit www.summitpartners.com or follow on LinkedIn.

 

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sales@hyperlightcorp.com