| Mobile Web

Search results for Lockheed Martin

AI & Enterprise

PsiQuantum presses ahead with photon-based large-scale quantum computer

Quantum computing company PsiQuantum is accelerating efforts to build a large-scale quantum computer using photons. It is pursuing an approach that makes chips in existing semiconductor production facilities and connects about 100 cooling cabinets to implement a practical-scale system. Founded in 2016 by four physicists from British universities, the company has raised $1 billion and begun work on a Chicago hub, while preparing a second hub in Australia.

Industry

China tightens export controls on 10 U.S. defence and rare earth firms

China has blocked exports of dual-use items to 10 companies, including U.S. rare earth producers, widening the U.S.-China technology rivalry into critical mineral supply chains. The move, announced by China’s commerce ministry, bars Chinese firms from exporting related items and restricts third-country transfers of Chinese dual-use goods to the listed companies. The sanctions include MP Materials and USA Rare Earths, raising worries over supplies needed for AI infrastructure and semiconductors.

Industry

SpaceX wins $2.29 billion U.S. Space Force military satellite network contract

SpaceX has won a $2.29 billion contract from the U.S. Space Force to build a military satellite communications network, with a working prototype required by the end of 2027. The project aims to create a space data network backbone using low-Earth-orbit satellites and optical links to speed up and harden U.S. military communications. The effort is linked to Pentagon modernisation plans and the Golden Dome defence structure.