AQS News

February 26, 2026

Triaxiom Capital and AQS collaborate to build and deploy quantum risk metrics

Investment firm Triaxiom Capital and Applied Quantum Software announce a collaboration to develop and deploy quantum-powered risk metrics for institutional portfolio management.

Together we are implementing commonly-used measures of financial risk such as portfolio Value-at-Risk and Conditional Value-at-Risk, using quantum algorithms running on simulators and real QPUs to the extent possible, benchmarked against results generated using classical Monte Carlo simulation.

Triaxiom Capital is a regulated quantitative investment firm trading in global financial markets through a systematic application of mathematical models. Triaxiom Capital, LLC is solely registered as a Commodity Pool Operator, based in San Francisco, CA.

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February 18, 2026

AQS participates in Creative Destruction Lab quantum session at University of Toronto

Applied Quantum Software participates in Creative Destruction Lab’s quantum stream most recent session for the 2025/2026 cohort at the University of Toronto, connecting with mentors, investors, and fellow quantum ventures.

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January 30, 2026

AQS finalizes key terms of first SAFE agreement with deep-tech angel investor

Applied Quantum Software establishes its first SAFE (Simple Agreement for Future Equity) agreement with a deep-tech angel investor, marking an important milestone in the company’s growth.

June 23, 2025

AQS co-founder Dr. Quntao Zhuang and team update their findings on holographic deep thermalization

New research from Dr. Zhuang's team bridges theoretical quantum physics and practical experimentation, with implications for quantum algorithm design. The conventional approach for generating genuine random states, called `deep thermalization’, faces significant challenges, including scalability issues due to the need for a large ancilla system and susceptibility to attacks.

Holographic deep thermalization is a secure and hardware-efficient quantum random state generator. By adopting a sequential application of a scrambling-measure-reset process, it continuously trades space with time, and substantially reduces the required ancilla size to as small as a system-size independent constant. At the same time, security is guaranteed by removing quantum correlation between the data system and attackers. A circuit-based implementation on IBM Quantum devices achieves genuine 5-qubit random state generation utilizing only 8 physical qubits.

Read the paper

December 9, 2025

Quantum Rings invites AQS to share booth at Q2B 2025 Silicon Valley conference

AQS joined Quantum Rings at their booth during the Q2B 2025 Silicon Valley conference, showcasing their partnership and the AQS platform to the quantum computing community.

See the LinkedIn post

January 28, 2025

OneMarketData and AQS host a live webinar “Quantum for Quants” for top finance companies

In this webinar and demonstration, Tom Finke and Floyd Smith of AQS describe the potential impact of quantum computing on financial services, and demonstrate how to use the AQS platform with market data from OneTick Cloud and quantum computing services from IBM Quantum. This informative session is designed for financial professionals who want to be ready to use live market data feeds with quantum computing as the technology improves. Attendees include BlackRock, Bloomberg, BMO, BNP Paribas, Federal Reserve, HSBC, Jefferies, JPMorgan, State Street, StoneX, TD Securities, and Vanguard.

OneMarketData is the premier provider of software and market data for the financial industry. The flagship product, OneTick, is a comprehensive software suite for time-series data management and real-time intraday analytical event processing. Proprietary traders, hedge funds, and investment banks leverage the built-in capabilities of OneTick for quantitative research, transaction cost analysis, trade surveillance, and portfolio backtesting.