Good find, this reminds me that I have not updated re: "end February event". I did not see guys from CQCL at that event (as covered on the ADVFN). I was actually keen to see them and take a picture as an evidence (maybe next time).
Yes, hedgehog, but the key word in the sentence "My suspicion is that their North American business has to do something with a Canadian co. called D-wave - covered in my previous posts" is word something.
D-wave remains unchallenged in their field and they have opportunities to collaborate with several validators or enables of their tech. These guys partner with google/nasa/lockheed... No offence but CQCL is a small research team (and in comparison an average academic research group is made of 10 - 15 PhDs, 3 - 8 Research associates, 2 - 3 professors).
Agreed, QC will change world, however,we are not there yet.
D-wave is in the lead, but with pre-configuring machines for a given problem with restricted boundaries. It is like if someone tells you to shop in a major retailer starting with letter A but you cannot go do ALDI or Alliance Boots. Kinda hard to find one, right?
If CQCL partner with them and get something out of it (e.g. IP) - great for CQCL. But what is the probability?
There are other approaches to quantum computing then one selected by D-wave - Read the DSTL doc. In the meantime (say at least a decade) we can relax and enjoy the show as it unfolds.
Please allow me a closing statement. I think you should contact TGL/CQCL and suggest them a business proposition to marry their development work with D-Wave. This would be a good use of your time/energy. Happy to suggest links re: business plan/proposition.
From the November 2014 investor presentation of GOS Systems:
"Secure Communications • GOS provides a suite of secure communications systems and solutions to government, homeland security, defence and commercial customers • Invisilink is a system for government clients that delivers secure mobile telephony services to ensure privacy and security for all parties • The service is sold on a subscription basis in the UK, and internationally it is offered as a complete solution for between £350,000 and £500,000"
GOS's services will increasingly be seen as essential given the current and projected security situation.
Providing handsome high-margin and recurring revenues for GOS, in this high-growth and hard-to-enter market.
Backed by a hugely impressive management team, and the financial muscle and deal-making ability of Stanhill Capital.
And GOS's new Mobile Virtual Network Operator (MVNO) status, announced today, sets it up beautifully for a step change in turnover and size.
As an MVNO, GOS is now in the same category as Virgin Mobile: "Virgin Mobile UK is a mobile phone service provider operating in the United Kingdom, and a subsidiary of Virgin Media. The company was launched by Virgin Group in 1999 as the world's first Mobile Virtual Network Operator (MVNO)." http://en.wikipedia.org/wiki/Virgin_Mobile_UK
But with a very nice 'twist': i.e. GOS'S secure communications offering gives it a niche that is becoming increasingly sought after, but hard to deliver.
The phrase 'licence to print money' springs to mind.
"hedgehog, I have previously commented on the link between prof. Gibson and QC/QT. I prefer to talk to people running the business than relying on the PR machine. In my position I have a chance to meet people face to face - actually if it happens that I meet people from CQCL in February (which I hope so and sorry I cannot disclose the actual event - it is not for public, by invitation only) then I will happily update you what I think after talking to them. My suspicion is that their North American business has to do something with a Canadian co. called D-wave - covered in my previous posts. vfo" vfo21 - 18 Jan '15Recommend 3 | Report http://www.lse.co.uk/ShareChat.asp?page=8&ShareTicker=TGL&share=touchstone
Quantum computing WILL change the world massively.
Time will tell who becomes the leading hardware company, but at the moment D-Wave are in that position.
And if CQCL are partnered with them, they have an opportunity to ride that success.
23/03/2015 07:01 RNSNON Touchstone Gold Limited GOS Systems signs new MVNO agreement " ... In particular, the MVNO status enables GOS to integrate its mobile services more cost effectively and extends the growth of GOS' secure voice and covert communication management systems. Customers will benefit from a seamless, resilient and secure communications system supported and billed by GOS. ..." http://uk.advfn.com/news/RNSNON/2015/article/66009596
They are clearly intending to grow this company very significantly, and have the expertise and backing to do it.
You seem to be changing your tune a bit, as from memory I believe that you have previously indicated that you believe that D-Wave and Cambridge Quantum Computing Ltd. could indeed work together. I can look for your post if you like.
There will always be a few envious sceptics, but money talks.
Big institutional investors have invested C$174M. into D-Wave, and its been selling its computers for $10 million each.
And a very shrewd and successful multi-millionaire (Ilyas Khan) has devoted his time and money into Cambridge Quantum Computing Ltd. Have you achieved even a tiny fraction of the business success of Ilyas Khan?
D-Wave's new 1,152 qubit processor is due for launch imminently, and I think that it could surprise a few people with its capabilities.
Hedgehog has been writing lengths of texts on ADVFN. Making links between D-wave and Cambridge quantum Co. I must agree there is a possibility that those two will join forces to revolutionise the world we know, shift existing paradigms and make loads of money. IMHO the probability of this happening is of the same order as the frequency accuracy of a caesium fountain (10^-15 = 0.000000000000001).
For those with a bit of spare time here is today's bedtime reading for you folks:
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