--- title: French National Quantum Update: August 2026 | daily.dev description: France's quantum computing sector saw a public-market-facing month, headlined by Pasqal's Nasdaq debut following its SPAC merger with Bleichroeder Acquisition... canonical: https://daily.dev/posts/french-national-quantum-update-august-2026-33ela2bpg twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: French National Quantum Update: August 2026 | daily.dev og:description: France's quantum computing sector saw a public-market-facing month, headlined by Pasqal's Nasdaq debut following its SPAC merger with Bleichroeder Acquisition... og:url: https://daily.dev/posts/french-national-quantum-update-august-2026-33ela2bpg og:image: https://api.daily.dev/og/posts/33ELa2bpg.png og:image:alt: French National Quantum Update: August 2026 og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # French National Quantum Update: August 2026 **[The Quantum Insider](https://daily.dev/sources/thequantuminsider)** · 8 min read · 0 upvotes · 0 comments ## Summary France's quantum computing sector saw a public-market-facing month, headlined by Pasqal's Nasdaq debut following its SPAC merger with Bleichroeder Acquisition Corp. II, valuing the company at about $2 billion and providing roughly $360 million for scaling production and fault-tolerant quantum computing. Pasqal also demonstrated trapping atoms using photonic-integrated-circuit-generated laser light and signed a joint venture with Saudi Arabia's Eleven Ventures to deploy quantum systems regionally. Other news included SEALSQ's $5 million security deal with Quobly and reported H1 revenue growth, Alice & Bob joining a €4.6 million European doctoral network for quantum error correction, a French-Italian hybrid quantum key distribution demonstration, and a Quandela-led photonic architecture study showing reduced runtime for Fermi-Hubbard simulations at the cost of needing about 1.35 million physical qubits. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### How much did Pasqal raise in its Nasdaq SPAC merger with Bleichroeder Acquisition Corp II? Pasqal's business combination with Bleichroeder Acquisition Corp. II valued the company at about $2 billion before new funding and left it with approximately $360 million in cash. The funds are earmarked for expanding production, deploying more quantum processors, and pursuing fault-tolerant quantum computing. The deal received SEC clearance on August 5, 2026, and shareholders approved it on August 25, 2026. _Investors evaluating quantum computing stocks follow deal terms like this one on daily.dev._ ### How many physical qubits would be needed to simulate an 8-by-8 Fermi-Hubbard model using the biplanar SPOQC photonic architecture? A Quandela-led team estimated that simulating an 8-by-8 Fermi-Hubbard system with a two-layer biplanar SPOQC photonic architecture would take about two hours but require roughly 1.35 million physical qubits. The design reduces unnecessary operations, though the researchers found that certain quantum rotation methods could become a bottleneck as simulations scale up, since the probability of every parallel operation succeeding on the first try drops quickly. _Researchers gauging photonic quantum simulation feasibility can track resource estimates like these on daily.dev._ ### What secure key rates were achieved combining continuous-variable and discrete-variable QKD over shared optical infrastructure? Researchers from the University of Padua, Sorbonne Université, CNRS and Paris-Saclay University achieved megabit-per-second secure key rates by running continuous-variable and discrete-variable quantum key distribution simultaneously over shared optical fiber and a 620-meter urban free-space link in daylight, using wavelength-division multiplexing to isolate the two systems without measurable interference or added noise. _Engineers weighing hybrid QKD network designs can follow developments like this on daily.dev._ ## Similar posts on daily.dev - [Pasqal's $2bn Nasdaq bet comes with a French veto](https://daily.dev/posts/pasqal-s-2bn-nasdaq-bet-comes-with-a-french-veto-exlms1a5y) · The Next Web · 0 upvotes · 0 comments - [Quantum scale-up Pasqal plans $2B SPAC listing, promises to ‘remain French’](https://daily.dev/posts/quantum-scale-up-pasqal-plans-2b-spac-listing-promises-to-remain-french--ghxyuddjc) · TechCrunch · 0 upvotes · 0 comments --- Tags: [#venture-capital](https://daily.dev/tags/venture-capital), [#quantum-computing](https://daily.dev/tags/quantum-computing) [View this post on daily.dev](https://daily.dev/posts/french-national-quantum-update-august-2026-33ela2bpg) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"French National Quantum Update: August 2026","url":"https://daily.dev/posts/french-national-quantum-update-august-2026-33ela2bpg","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/french-national-quantum-update-august-2026-33ela2bpg"},"datePublished":"2026-08-31T08:41:13.625Z","dateModified":"2026-08-31T08:42:10.690Z","description":"France's quantum computing sector saw a public-market-facing month, headlined by Pasqal's Nasdaq debut following its SPAC merger with Bleichroeder Acquisition...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/f0152ae1d52ad148c6642ec56df1c4f1?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/f0152ae1d52ad148c6642ec56df1c4f1?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"The Quantum Insider","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"The Quantum Insider","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/7b14a6b34c1b464c9e8a88d9a0dac951","url":"https://daily.dev/sources/thequantuminsider"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/french-national-quantum-update-august-2026-33ela2bpg","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"venture-capital,quantum-computing","timeRequired":"PT8M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"The Quantum Insider","item":"https://daily.dev/sources/thequantuminsider"},{"@type":"ListItem","position":3,"name":"French National Quantum Update: August 2026"}]} {"@context":"https://schema.org","@type":"FAQPage","@id":"https://daily.dev/posts/french-national-quantum-update-august-2026-33ela2bpg#faq","mainEntity":[{"@type":"Question","name":"How much did Pasqal raise in its Nasdaq SPAC merger with Bleichroeder Acquisition Corp II?","acceptedAnswer":{"@type":"Answer","text":"Pasqal's business combination with Bleichroeder Acquisition Corp. II valued the company at about $2 billion before new funding and left it with approximately $360 million in cash. The funds are earmarked for expanding production, deploying more quantum processors, and pursuing fault-tolerant quantum computing. The deal received SEC clearance on August 5, 2026, and shareholders approved it on August 25, 2026. Investors evaluating quantum computing stocks follow deal terms like this one on daily.dev."}},{"@type":"Question","name":"How many physical qubits would be needed to simulate an 8-by-8 Fermi-Hubbard model using the biplanar SPOQC photonic architecture?","acceptedAnswer":{"@type":"Answer","text":"A Quandela-led team estimated that simulating an 8-by-8 Fermi-Hubbard system with a two-layer biplanar SPOQC photonic architecture would take about two hours but require roughly 1.35 million physical qubits. 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