News On Japan

Japan’s Quantum Computing Industry Gathers Momentum

TOKYO, Aug 18 (News On Japan) - The entrepreneurs who continue to challenge themselves to change the world are now attracting even greater attention as they push into the unknown frontiers of quantum computing.

Their breakthroughs have drawn wide recognition, creating new opportunities for investment and collaboration. Many have said that after watching the program “Breakthrough,” they became fans, with some even offering financial backing. Well-known companies, including major global firms, have approached them with proposals to become involved, whether through hardware development or broader business partnerships. For startups aiming to create an entirely new quantum computing industry, these connections with large corporations are seen as invaluable.

Ishiba, speaking after one of these events, declared that this year marked the beginning of industrializing quantum computing in Japan. With the government pledging 7 billion yen in support for optical quantum technology, the commitment at the national level is clear. Executives in the field view this as a decisive chance for Japan to gain a foothold in the global competition. Compared with other advanced economies, Japan’s spending on quantum research is already substantial, creating an increasingly supportive environment for startups.

For now, startups are expected to take risks by hiring talent and advancing research and development responsibly. At the same time, attracting further investment from venture capitalists and institutional investors will be essential. While the timeline for listing or exiting remains uncertain, the goal is to raise 200 to 300 billion yen, based on benchmarks set by overseas rivals, some of which have already secured amounts exceeding 100 billion yen.

Deloitte recently published a ranking of fundraising among quantum startups, placing leading overseas firms at the top with 100 billion yen or more. Japanese companies, however, only appear around 30th place. To catch up, several hundred billion yen in funding will be necessary. Beyond capital, talent remains the most pressing challenge. OptQC, for instance, currently operates with about 30 members, including part-timers, but lacks the manpower to simultaneously expand both research and commercialization. Building a stronger team is seen as critical to transforming prototypes into products ready for the market.

The coming two years are viewed as a decisive phase for research and development, a window in which Japan’s quantum computing startups must prove their ability to compete globally.

Source: テレ東BIZ

News On Japan
POPULAR NEWS

Japan already classifies days with highs of 30C or above as manatsubi (midsummer days) and those reaching 35C or above as moshobi (extremely hot days). It has now introduced a new term for days when temperatures climb to 40C or higher.

Police investigating the death of an 11-year-old boy whose body was found in a forest in Kyoto Prefecture believe his father moved the remains between several locations over a number of days in an apparent attempt to conceal the crime.

A large and powerful Typhoon No. 4, internationally named Sinlaku, was located near the Mariana Islands and moving north-northeast as of the latest update. The storm is expected to gradually shift its course eastward and pass southeast of the Ogasawara Islands around April 18, before making its closest approach around April 19.

Japan will release around 50 million stockpiled medical gloves from next month as concerns grow over shortages of medical supplies linked to tensions in the Middle East, Prime Minister Sanae Takaichi said.

The Tateyama Kurobe Alpine Route connecting Toyama and Nagano fully reopened on April 15th, marking the start of the spring tourism season along one of Japan’s most celebrated mountain routes.

MEDIA CHANNELS
         

MORE Sci-Tech NEWS

The fleet of 190 EV buses introduced for the Osaka-Kansai Expo has been withdrawn from plans for reuse on regular routes, with Osaka Metro abandoning efforts to redeploy the vehicles after the event.

Chinese smartphone maker OPPO announced it will release its foldable smartphone “OPPO Find N6” in Japan on April 15th, marking the company’s first entry into the country’s foldable device segment.

An event aimed at bringing the mysteries of the deep sea closer to the public was held in Nago City, where a researcher who has explored oceans around the world delivered a talk.

The Japan Maritime Self-Defense Force will withdraw from Antarctic research vessel operations after nearly six decades, with private-sector entities expected to take over following the retirement of the icebreaker Shirase in fiscal 2034.

As temperatures rise, concerns about body odor return, drawing attention to a lesser-known scientific field that examines the invisible gases emitted from human skin, with Tokai University professor Yoshika Sekine leading research that could even help detect disease and stress levels.

Five years have passed since Japan’s flagship supercomputer Fugaku, based in Kobe, began full-scale operations, achieving a series of breakthroughs by simulating complex phenomena on a massive and highly precise scale, ranging from the formation of galaxies to the behavior of nerve cells.

Rising tensions in the Middle East are raising concerns over potential disruptions to medical supplies in Japan, particularly due to uncertainty surrounding naphtha used in products such as gloves and gowns, with hospitals warning that a halt in supply could significantly impact medical care while authorities move to reassure that stockpiles are sufficient for the time being.

An extensive deep-sea investigation has revealed new details about the final moments of the Tsushima Maru, a wartime evacuation ship that sank during World War II, uncovering two critical points of damage that led to its rapid sinking in just 10 minutes.