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News Article | June 30, 2017
Site: www.eurekalert.org

Smart windows equipped with controllable glazing can augment lighting, cooling and heating systems by varying their tint, saving up to 40 percent in an average building's energy costs. These smart windows require power for operation, so they are relatively complicated to install in existing buildings. But by applying a new solar cell technology, researchers at Princeton University have developed a different type of smart window: a self-powered version that promises to be inexpensive and easy to apply to existing windows. This system features solar cells that selectively absorb near-ultraviolet (near-UV) light, so the new windows are completely self-powered. "Sunlight is a mixture of electromagnetic radiation made up of near-UV rays, visible light, and infrared energy, or heat," said Yueh-Lin (Lynn) Loo, director of the Andlinger Center for Energy and the Environment, and the Theodora D. '78 and William H. Walton III '74 Professor in Engineering. "We wanted the smart window to dynamically control the amount of natural light and heat that can come inside, saving on energy cost and making the space more comfortable." The smart window controls the transmission of visible light and infrared heat into the building, while the new type of solar cell uses near-UV light to power the system. "This new technology is actually smart management of the entire spectrum of sunlight," said Loo, who is a professor of chemical and biological engineering. Loo is one of the authors of a paper, published June 30, that describes this technology, which was developed in her lab. Because near-UV light is invisible to the human eye, the researchers set out to harness it for the electrical energy needed to activate the tinting technology. "Using near-UV light to power these windows means that the solar cells can be transparent and occupy the same footprint of the window without competing for the same spectral range or imposing aesthetic and design constraints," Loo added. "Typical solar cells made of silicon are black because they absorb all visible light and some infrared heat - so those would be unsuitable for this application." In the paper published in Nature Energy, the researchers described how they used organic semiconductors -- contorted hexabenzocoronene (cHBC) derivatives -- for constructing the solar cells. The researchers chose the material because its chemical structure could be modified to absorb a narrow range of wavelengths -- in this case, near-UV light. To construct the solar cell, the semiconductor molecules are deposited as thin films on glass with the same production methods used by organic light-emitting diode manufacturers. When the solar cell is operational, sunlight excites the cHBC semiconductors to produce electricity. At the same time, the researchers constructed a smart window consisting of electrochromic polymers, which control the tint, and can be operated solely using power produced by the solar cell. When near-UV light from the sun generates an electrical charge in the solar cell, the charge triggers a reaction in the electrochromic window, causing it to change from clear to dark blue. When darkened, the window can block more than 80 percent of light. Nicholas Davy, a doctoral student in the chemical and biological engineering department and the paper's lead author, said other researchers have already developed transparent solar cells, but those target infrared energy. However, infrared energy carries heat, so using it to generate electricity can conflict with a smart window's function of controlling the flow of heat in or out of a building. Transparent near-UV solar cells, on the other hand, don't generate as much power as the infrared version, but don't impede the transmission of infrared radiation, so they complement the smart window's task. Davy said that the Princeton team's aim is to create a flexible version of the solar-powered smart window system that can be applied to existing windows via lamination. "Someone in their house or apartment could take these wireless smart window laminates - which could have a sticky backing that is peeled off - and install them on the interior of their windows," said Davy. "Then you could control the sunlight passing into your home using an app on your phone, thereby instantly improving energy efficiency, comfort, and privacy." Joseph Berry, senior research scientist at the National Renewable Energy Laboratory, who studies solar cells but was not involved in the research, said the research project is interesting because the device scales well and targets a specific part of the solar spectrum. "Integrating the solar cells into the smart windows makes them more attractive for retrofits and you don't have to deal with wiring power," said Berry. "And the voltage performance is quite good. The voltage they have been able to produce can drive electronic devices directly, which is technologically quite interesting." Davy and Loo have started a new company, called Andluca Technologies, based on the technology described in the paper, and are already exploring other applications for the transparent solar cells. They explained that the near-UV solar cell technology can also power internet-of-things sensors and other low-power consumer products. "It does not generate enough power for a car, but it can provide auxiliary power for smaller devices, for example, a fan to cool the car while it's parked in the hot sun," Loo said. Besides Loo and Davy, Melda Sezen-Edmonds, a graduate student in chemical and biological engineering, is the co-author responsible for the electrochromic portion of the paper. Other authors are Jia Gao, a postdoctoral researcher in Loo's group then, now with Enablence Technologies in California; Xin Lin, a graduate student in electrical engineering; Amy Liu, an undergraduate in computer science; Nan Yao, director of Princeton's Imaging and Analysis Center; and Antoine Kahn, the Stephen C. Macaleer '63 Professor in Engineering and Applied Science and vice dean of Princeton's School of Engineering and Applied Science. Support for the project was provided in part by the National Science Foundation, and the Wilke Family Fund administered by the School of Engineering and Applied Science at Princeton.


NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Enablence Technologies Inc. ("Enablence" or the "Company") (TSX VENTURE:ENA), a leading supplier of optical components and subsystems for access, metro and long-haul markets, today announced the closing of the previously announced private placement of unsecured convertible debentures (the "Debentures") for gross proceeds of approximately $6 million (the "Debenture Offering"). The Debentures bear interest at a rate of 10% per annum, payable quarterly commencing on September 30, 2017 and are convertible, at the option of their holder, into common shares of the Company (the "Shares") at a price of $0.08 per Share representing a conversion rate of approximately 12,500 Shares per $1,000 of principal amount of Debentures. The Debentures will mature on June 30, 2020. As previously announced, the Company also entered into a debt settlement agreement with a creditor to settle outstanding cash advances totalling $2 million by the issuance of 7,142,857 Shares for an aggregate value of $500,000 and the issuance of $1.5 million principal amount of Debentures (the "Securities for Debt Transaction"). The securities issued under the Debenture Offering and the Securities for Debt Transaction are subject to a four-month hold period pursuant to applicable securities laws until October 31, 2017. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, or for the account or benefit of U.S. persons (as such term is defined in Regulation S under the United States Securities Act of 1933, as amended). Enablence is a publicly traded company that designs, manufactures and sells optical components and subsystems to a global customer base. It utilizes its patented technologies, including planar lightwave circuit ("PLC") intellectual property, in the production of an array of photonic components and broadband subsystems that deliver a key portion of the infrastructure for current and next-generation telecommunication systems. The Company's product lines address all three segments of optical networks: access - connecting homes and businesses to the network; metro - communication rings within large cities; and long-haul - linking cities and continents. For more information, visit www.enablence.com. This press release may contain forward-looking statements based on current expectations, forecasts and assumptions which involve risks and uncertainties associated with our business and the economic environment in which the business operates. All such statements are made pursuant to the 'safe harbour' provisions of, and are intended to be forward-looking statements under, applicable Canadian securities legislation. Any statements contained herein that are statements of historical facts may be deemed to be forward-looking statements. By their nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties. We caution our readers of this press release not to place undue reliance on our forward looking statements as a number of factors could cause actual results or conditions to differ materially from current expectations. Please refer to the risks set forth in the Company's continuous disclosure documents that can be found on SEDAR www.sedar.com. Enablence does not intend, and disclaims any obligation, except as required by law, to update or revise any forward looking statements whether as a result of new information, future events or otherwise. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


News Article | July 13, 2017
Site: www.prnewswire.com

·         The Global Silicon Photonics market is expected to grow at a CAGR of 40.95 % between the forecast periods of 2017-2025. ·         The revenue generated by the global market is predicted to increase from $46000 thousand in 2016 to $810000 thousand by 2025. ·         The market is segmented on the basis of components, products, and application. ·         The components can be further classified into silicon photonic waveguides, optical modulators and silicon optical interconnects. ·         By product type, the market constitutes of silicon optical transceivers, silicon optical switches, silicon photonic IC, silicon photonic sensors and silicon photonic photovoltaic cells/solar cells. ·         The Optical Switcher market had the largest market share of 45.57% in 2016 whereas it is the Solar Cells market which is expected to grow faster at a CAGR of 62.46%. ·         The North America Silicon photonics market generated a revenue of $23738 thousand in 2016 and is anticipated to hold the largest share of the global market by the year 2025, because of the early commercialization of wavelength division multiplexer filters. ·         The photodetector market is expanding in Europe due to an increase in the usage and absorption rate of such products in this region and the market is expected to generate a revenue of $12064 thousand by 2025. KEY FINDINGS Silicon photonics technology is a combination of silicon electronics and photonics and has an immense potential to fulfill the growing demands of optical communication systems. The Global Silicon Photonics market is expected to grow at a CAGR of 40.95 % between the forecast periods of 2017-2025. The revenue generated by the global market is predicted to increase from $46000 thousand in 2016 to $810000 thousand by 2025. Low power consumption, compact size, lower cost, high-speed data transfer and processing and a surge in data transfer capacity are some of the major drivers for this market. MARKET INSIGHTS The market is segmented on the basis of components, products, and application. The components can be further classified into silicon photonic waveguides, optical modulators and silicon optical interconnects. By product type, the market constitutes of silicon optical transceivers, silicon optical switches, silicon photonic IC, silicon photonic sensors and silicon photonic photovoltaic cells/solar cells. The Optical Switcher market had the largest market share of 45.57% in 2016 whereas it is the Solar Cells market which is expected to grow faster at a CAGR of 62.46%. At present, silicon photonics is widely applied in the telecommunication field. Thus, the telecommunication application is anticipated to dominate the silicon photonics market. The Sensing market application is also expected to grow at a CAGR of 42.35% during the forecast period but it is the spectroscopy application which is predicted to exhibit the fastest growth in the coming years. REGIONAL INSIGHTS The North America Silicon photonics market generated a revenue of $23738 thousand in 2016 and is anticipated to hold the largest share of the global market by the year 2025, because of the early commercialization of wavelength division multiplexer filters. The photodetector market is expanding in Europe due to an increase in the usage and absorption rate of such products in this region and the market is expected to generate a revenue of $12064 thousand by 2025. However, it is the Asia-Pacific market which is expected to show the highest growth with a CAGR of 44.64%. Japan is predicted to be the market leader by 2025 whereas the Indian and the Chinese market are anticipated to grow at a CAGR of 45.94% and 45.11% respectively during the forecasted years. COMPETITIVE INSIGHTS Leading global companies such as HP, Intel, and Cisco consider silicon photonics to be a breakthrough technology with tremendous potential. In fact, Intel is on the verge of completing the transition from the R&D development stage to the production stage for silicon photonics chips and will be launching them by the end of 2017. Infinera Corporation is also developing a silicon photonic platform by integrating materials into the silicon process flow to manufacture optimum optical solutions using a cost-effective process. If the outcome is successful, the silicon photonics platform will be able to increase the industry-wide production on a global scale. Likewise, other pioneer company who are diving into this market are STMicroelectronics N.V, Adva Optical Networking Se, Cisco Systems, Inc., Chiral Photonics Inc., Enablence Technologies Inc., Hamamatsu Photonics K.K., Finisar Corporation, Hewlett-Packard Co., Intel Corporation, Mellanox Technologies, Infinera Corporation, Ltd., Okmetic Oy and Molex Llc, Neophotonics Corporation. Download the full report: https://www.reportbuyer.com/product/4976581/ About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers http://www.reportbuyer.com For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: query@reportbuyer.com Tel: +44 208 816 85 48 Website: www.reportbuyer.com


OTTAWA, May 26, 2017 (GLOBE NEWSWIRE) -- Enablence Technologies Inc. (“Enablence” or the “Company”) (TSXV:ENA), a leading supplier of optical components and subsystems for access, metro and long-haul markets, announced today it has filed its financial results for the third quarter ended March 31, 2017.  Additional information concerning the Company, including its unaudited consolidated financial statements and its Management’s Discussion and Analysis of Financial Condition and Results of Operations (“MD&A”) for the third quarter ended March 31, 2017 can be found at www.sedar.com. About Enablence Technologies Inc. Enablence is a publicly traded company that designs, manufactures and sells optical components and subsystems to a global customer base. It utilizes its patented technologies, including planar lightwave circuit (“PLC”) intellectual property, in the production of an array of photonic components and broadband subsystems that deliver a key portion of the infrastructure for current and next-generation telecommunication systems. The Company’s product lines address all three segments of optical networks: access - connecting homes and businesses to the network; metro - communication rings within large cities; and long-haul - linking cities and continents.  For more information, visit www.enablence.com. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


OTTAWA, May 26, 2017 (GLOBE NEWSWIRE) -- Enablence Technologies Inc. (“Enablence” or the “Company”) (TSXV:ENA), a leading supplier of optical components and subsystems for access, metro and long-haul markets, announced today it has filed its financial results for the third quarter ended March 31, 2017.  Additional information concerning the Company, including its unaudited consolidated financial statements and its Management’s Discussion and Analysis of Financial Condition and Results of Operations (“MD&A”) for the third quarter ended March 31, 2017 can be found at www.sedar.com. About Enablence Technologies Inc. Enablence is a publicly traded company that designs, manufactures and sells optical components and subsystems to a global customer base. It utilizes its patented technologies, including planar lightwave circuit (“PLC”) intellectual property, in the production of an array of photonic components and broadband subsystems that deliver a key portion of the infrastructure for current and next-generation telecommunication systems. The Company’s product lines address all three segments of optical networks: access - connecting homes and businesses to the network; metro - communication rings within large cities; and long-haul - linking cities and continents.  For more information, visit www.enablence.com. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


OTTAWA, May 26, 2017 (GLOBE NEWSWIRE) -- Enablence Technologies Inc. (“Enablence” or the “Company”) (TSXV:ENA), a leading supplier of optical components and subsystems for access, metro and long-haul markets, announced today it has filed its financial results for the third quarter ended March 31, 2017.  Additional information concerning the Company, including its unaudited consolidated financial statements and its Management’s Discussion and Analysis of Financial Condition and Results of Operations (“MD&A”) for the third quarter ended March 31, 2017 can be found at www.sedar.com. About Enablence Technologies Inc. Enablence is a publicly traded company that designs, manufactures and sells optical components and subsystems to a global customer base. It utilizes its patented technologies, including planar lightwave circuit (“PLC”) intellectual property, in the production of an array of photonic components and broadband subsystems that deliver a key portion of the infrastructure for current and next-generation telecommunication systems. The Company’s product lines address all three segments of optical networks: access - connecting homes and businesses to the network; metro - communication rings within large cities; and long-haul - linking cities and continents.  For more information, visit www.enablence.com. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


OTTAWA, May 26, 2017 (GLOBE NEWSWIRE) -- Enablence Technologies Inc. (“Enablence” or the “Company”) (TSXV:ENA), a leading supplier of optical components and subsystems for access, metro and long-haul markets, announced today it has filed its financial results for the third quarter ended March 31, 2017.  Additional information concerning the Company, including its unaudited consolidated financial statements and its Management’s Discussion and Analysis of Financial Condition and Results of Operations (“MD&A”) for the third quarter ended March 31, 2017 can be found at www.sedar.com. About Enablence Technologies Inc. Enablence is a publicly traded company that designs, manufactures and sells optical components and subsystems to a global customer base. It utilizes its patented technologies, including planar lightwave circuit (“PLC”) intellectual property, in the production of an array of photonic components and broadband subsystems that deliver a key portion of the infrastructure for current and next-generation telecommunication systems. The Company’s product lines address all three segments of optical networks: access - connecting homes and businesses to the network; metro - communication rings within large cities; and long-haul - linking cities and continents.  For more information, visit www.enablence.com. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


News Article | June 21, 2017
Site: www.marketwired.com

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Enablence Technologies Inc. ("Enablence" or the "Company") (TSX VENTURE:ENA), a leading supplier of optical components and subsystems for access, metro and long-haul markets, announces that under the previously announced private placement of common shares (the "Equity Financing") it has received commitments to purchase 8,542,857 common shares of the Company (the "Shares) representing additional gross proceeds of approximately $600,000. The Company expects to close such subscriptions by the end of June 2017. The Company also intends to complete the previously announced private placement financing (together with the Equity Financing, the "Financings") of up to $6 million principal amount of unsecured convertible debentures (the "Debentures") on or about June 30, 2017, subject to the approval of the TSX Venture Exchange. The Company has received indication of interest for approximately $6 million principal amount of Debentures. The Debentures will bear interest at a rate of 10% per annum, payable quarterly commencing on September 30, 2017. The Debentures will be convertible, at the option of their holder, into Shares at a price of $0.08 per Share representing a conversion rate of approximately 12,500 Shares per $1,000 principal amount of Debentures. The Debentures will mature 36 months after their issuance. Under the same terms as the Financings, certain investors have advised the Company that they will enter into debt settlement agreements with the Company to settle outstanding cash advances totalizing $2 million by the issuance of 7,142,857 Shares for an aggregate value of $500,000 and the issuance of $1.5 million principal amount of Debentures, subject to the approval of the TSX Venture Exchange. The proceeds from the Financings, as previously announced, are intended to be used as growth capital for current and future products, plus general corporate purposes. A portion of the funds will be used to fund a capital expenditure program to expand the production of the Company's Planar Lightwave Circuit (PLC) chips. This expansion is needed to satisfy existing purchase orders and anticipated future demand of the Company's metro market focused 100G TxRx products. A portion of the funds will also be allocated to complete the development of the 100G TxRx product for the fast growing data centre market and for research and development activities focused on the Company's next generation 200/400G products. The balance of the funds will be used for general corporate purposes and working capital. The securities which will be issued under the Financings are subject to a four-month hold period pursuant to applicable securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, or for the account or benefit of U.S. persons (as such term is defined in Regulation S under the United States Securities Act of 1933, as amended (the "U.S. Securities Act")). The securities have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold within the United States or to or for the account or benefit of a "U.S. person" (as defined in Regulation S under the U.S. Securities Act) unless an exemption from such registration is available. Enablence is a publicly traded company that designs, manufactures and sells optical components and subsystems to a global customer base. It utilizes its patented technologies, including planar lightwave circuit ("PLC") intellectual property, in the production of an array of photonic components and broadband subsystems that deliver a key portion of the infrastructure for current and next-generation telecommunication systems. The Company's product lines address all three segments of optical networks: access - connecting homes and businesses to the network; metro - communication rings within large cities; and long-haul - linking cities and continents. For more information, visit www.enablence.com. This press release may contain forward-looking statements regarding the Financings, debt to equity conversion and the anticipated use of proceeds are based on current expectations, forecasts and assumptions which involve risks and uncertainties associated with our business and the economic environment in which the business operates. All such statements are made pursuant to the 'safe harbour' provisions of, and are intended to be forward-looking statements under, applicable Canadian securities legislation. Any statements contained herein that are statements of historical facts may be deemed to be forward-looking statements. By their nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties. We caution our readers of this press release not to place undue reliance on our forward looking statements as a number of factors could cause actual results or conditions to differ materially from current expectations. Please refer to the risks set forth in the Company's continuous disclosure documents that can be found on SEDAR www.sedar.com. Enablence does not intend, and disclaims any obligation, except as required by law, to update or revise any forward looking statements whether as a result of new information, future events or otherwise. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


News Article | June 13, 2017
Site: globenewswire.com

OTTAWA, June 13, 2017 (GLOBE NEWSWIRE) -- Enablence Technologies Inc. (“Enablence” or the “Company”) (TSXV:ENA), a leading supplier of optical components and subsystems for access, metro and long-haul markets, today announced it has changed auditors from Deloitte’s LLP (“Deloitte”) to MNP LLP (“MNP”) effective June 8, 2017.   In conjunction with the resignation of the former auditor Deloitte, MNP was appointed the successor auditor as of the effective date of June 8, 2017. In accordance with National Instrument 51-102 ("NI-51-102"), the Company has filed a Change of Auditor Notice ("Notice") on SEDAR together with letters from both Deloitte and MNP, with each letter confirming that it is in agreement with the statements contained in the Notice, as applicable. There were no reportable events as defined in NI 51-102 between Deloitte and the Company. Enablence is a publicly traded company that designs, manufactures and sells optical components and subsystems to a global customer base. It utilizes its patented technologies, including planar lightwave circuit (“PLC”) intellectual property, in the production of an array of photonic components and broadband subsystems that deliver a key portion of the infrastructure for current and next-generation telecommunication systems. The Company’s product lines address all three segments of optical networks: access - connecting homes and businesses to the network; metro - communication rings within large cities; and long-haul - linking cities and continents.  For more information, visit . This press release may contain forward-looking statements regarding potential financing transactions, lending facilities, debt to equity conversion, future sales and orders, funding of ongoing operations based on current expectations, forecasts and assumptions which involve risks and uncertainties associated with our business and the economic environment in which the business operates.  All such statements are made pursuant to the 'safe harbour' provisions of, and are intended to be forward-looking statements under, applicable Canadian securities legislation.  Any statements contained herein that are statements of historical facts may be deemed to be forward-looking statements.  By their nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties.  We caution our readers of this press release not to place undue reliance on our forward-looking statements as a number of factors could cause actual results or conditions to differ materially from current expectations.  Please refer to the risks set forth in the Company's continuous disclosure documents that can be found on SEDAR www.sedar.com.  Enablence does not intend, and disclaims any obligation, except as required by law, to update or revise any forward-looking statements whether as a result of new information, future events or otherwise. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


News Article | June 14, 2017
Site: www.prnewswire.com

·         Eighteen of the world's biggest corporations (see image above) and dozens of government agencies are working on Quantum Computing or partnering with startups like D-Wave. ·         Near-term expectations for quantum computing range from solving optimization problems, quantum-encrypted communications, artificial intelligence, smart manufacturing & logistics and smart retail, through quantum computing in the cloud and molecular structure research. ·         Smaller quantum computers will make other contributions to industry (energy, logistics etc.), defense and national security intelligence, as well as other markets spanning from drug design to finance. ·         Even simple quantum computers can tackle classes of problems that choke conventional machines, such as optimizing trading strategies or pulling promising drug candidates from scientific literature. ·         The fierce competition at the national industrial and academic level is leading to a race for quantum supremacy. ·         The competitors are all worthy of respect, especially because they are striving for supremacy not just over each other, but over a problem so big and so complex, that anybody's success is everybody's success. 2024 Market* – $10.7 Billion. 2 Volume Report. We are in the midst of a "Quantum Computing Supremacy Race" one that will result in groundbreaking computing power, enabling disruptive new quantum computing technologies that have the potential to change long-held dynamics in commerce, intelligence, military affairs and strategic balance of power. If you have been paying attention to the news on quantum computing and the evolution of industrial and national efforts towards realizing a scalable, fault-tolerant quantum computer, that can tackle problems, unmanageable to current supercomputing capabilities, then you know that something big is stirring throughout the quantum world. In a way that was unheard of five years ago, quantum physicists are now partnering with corporate tech giants, to develop quantum computing capabilities and technologies as the foundation of a second information age. Eighteen of the world's biggest corporations (see image above) and dozens of government agencies are working on Quantum Computing or partnering with startups like D-Wave. Near-term expectations for quantum computing range from solving optimization problems, quantum-encrypted communications, artificial intelligence, smart manufacturing & logistics and smart retail, through quantum computing in the cloud and molecular structure research. Smaller quantum computers will make other contributions to industry (energy, logistics etc.), defense and national security intelligence, as well as other markets spanning from drug design to finance. Even simple quantum computers can tackle classes of problems that choke conventional machines, such as optimizing trading strategies or pulling promising drug candidates from scientific literature. The fierce competition at the national industrial and academic level is leading to a race for quantum supremacy. The competitors are all worthy of respect, especially because they are striving for supremacy not just over each other, but over a problem so big and so complex, that anybody's success is everybody's success. According to the report, "Quantum Computing Technologies & Global Market – 2017-2024", the global Quantum Computing market* will reach $10.7 billion by 2024, out of which $8.45 billion stemming from product sales and services and $2.25 billion from Gov. RDT&E programs and funding. The 2-volume 520-page landmark report is the only comprehensive review of the global quantum computing market available today. This report is a valuable resource for executives with interests in the market. It has been explicitly customized for ICT industry, investors and government decision-makers to enable them to identify business opportunities, emerging applications, market trends and risks, as well as to benchmark business plans. The report provides an updated extensive data of the leading 52 Quantum Computing vendors: - 1Qbit - Agilent Technologies - Aifotec AG - Airbus Group - Alcatel-Lucent - Alibaba Group Holding Limited - Anyon Systems, Inc - Artiste-qb.net - Avago Technologies - Booz Allen Hamilton - British Telecommunications (BT) - Cambridge Quantum Computing - Ciena Corporation - Cyoptics - D-Wave Systems Inc - Eagle Power Technologies, Inc - Nano-Meta Technologies - Emcore Corporation - Enablence Technologies - Fathom Computing - Finisar Corporation - Fuijitsu Limited - Google Quantum AI Lab - H-Bar Quantum Consultants - Hewlett Packard Enterprise Company - IBM - ID Quantique Infinera Corporation - Intel Corporation - IonQ - JDS Uniphase Corporation - Kaiam Corporation - Lockheed Martin Corp. - MagiQ Technologies, Inc. - Microsoft Quantum Architectures and - Computation Group (QuArC) - Mitsubishi Electric Corp. - NEC - Nokia Bell Labs - NTT Basic Research Laboratories and - NTT Secure Platform Laboratories - Optalysys Ltd. - Post-Quantum - QbitLogic - QC Ware Corp. - Quantum Hardware Inc - Qubitekk - QxBranch - Quintessence Labs - Raytheon BBN - Rigetti Computing - SK Telecom - Sparrow Quantum - Toshiba Read the full report: http://www.reportlinker.com/p04838492/Quantum-Computing-Technologies-Global-Market-.html About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com __________________________ Contact Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/quantum-computing-technologies-markets-will-reach-107-billion-by-2024-300474271.html

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