Israeli Quantum Startups Eye Wall Street as SPAC Interest Accelerates

thequantuminsider.com Jul 13, 2026

Israeli Quantum Startups Eye Wall Street as SPAC Interest Accelerates

Curated by Shubham · TechCapsules · Jul 13, 2026

AI-summarised brief · reviewed before publication

Israeli quantum computing firms Quantum Art and Classiq are in advanced negotiations to merge with special‑purpose acquisition companies, a move that could value each startup between $2 billion and $5 billion. Quantum Art, a trapped‑ion hardware developer founded in 2022, has raised roughly $200 million and employs about 60 staff, while Classiq, a quantum‑software platform founded in 2020, has secured about $200 million and counts Nvidia, Microsoft, AWS, BMW, Rolls‑Royce and Citi among its customers. Both companies declined comment. The deals reflect a surge of investor appetite for quantum technology despite its pre‑revenue status, with an estimated 30 SPACs actively seeking quantum targets. If completed, Quantum Art could become Israel’s first publicly listed quantum firm, potentially before the end of 2026, while Classiq may pursue an additional private round to boost its valuation.

💡 Why It Matters

· A successful SPAC listing would give Israeli quantum innovators unprecedented access to public‑market capital, accelerating development timelines and positioning the nation as a leading hub in a technology poised for commercial breakthroughs later this decade.

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Bosch Announces $225M Direct Funding Agreement with the U.S. Department of Commerce

Bosch signed a definitive agreement with the U.S. Department of Commerce to receive up to $225 million from the CHIPS Program, supporting its $2 billion investment to convert the Roseville, California plant into a silicon‑carbide (SiC) semiconductor fab. The site, which has four decades of semiconductor experience, has begun sample production and aims to ship its first commercial 200‑mm SiC chips in 2026. Bosch officials highlighted the move as a step toward localized manufacturing and supply‑chain resilience. The Trump administration framed the funding as part of a broader effort to secure critical‑technology supply chains. Bosch also announced a $7.5 billion U.S. investment plan through 2031, marking its 120th anniversary in the country. The facility will also create dozens of jobs during the rollout.

💡 Domestic SiC production gives U.S. automakers a home‑grown source for high‑efficiency power chips, cutting reliance on overseas suppliers.

thequantuminsider.com · Jul 13

Q-PLANET Begins Development of European Pilot Line for Neutral Atom Quantum Chips

Q-PLANET, a €50 million European Quantum Chip Stability Pilot Line coordinated by neutral‑atom specialist Pasqal, has launched its three‑year initial phase to develop industrial‑grade components for neutral‑atom quantum technologies. The consortium unites 28 research, industry and academic organisations across 11 EU Member States to create scalable manufacturing processes for lasers, atom chips and micro‑fabricated vapor cells, and to define standards such as Process Design Kits and Assembly Design Kits. Over the first phase the project aims to raise the technology readiness level of these components from TRL 4 to TRL 6 through iterative design, fabrication and testing cycles. Q-PLANET forms one of six pilot lines funded by the European Chips Joint Undertaking, targeting the broader EU goal of quantum‑technology industrialisation by 2030 overall.

💡 Establishing repeatable production for neutral‑atom hardware gives Europe a ready supply chain that can speed quantum sensor and computer deployment ahead of competing regions.

spacenews.com · Jul 13

Accel and Prosus backed QOSMIC raises $3.33 Million to Build Optical Ground…

QOSMIC, a Bengaluru-based startup, has secured $3.33 million in seed funding co-led by Accel and Prosus, with participation from South Park Commons, ARTPARK, and angel investor Manish Jain. The capital will support the development of optical ground stations designed to facilitate high-speed laser downlinks from orbital data centers to Earth. As space computing shifts toward in-orbit processing, traditional radio frequency links face bandwidth limitations. QOSMIC’s infrastructure aims to deliver data at 10 gigabits per second, scaling to 100 Gbps, significantly outperforming legacy systems. The company positions itself as neutral, standards-interoperable infrastructure amidst industry consolidation where major hardware suppliers have been acquired by competitors. QOSMIC has achieved Technology Readiness Level 6 through terrestrial testing and is preparing for its first in-orbit demonstration. It is co-designing terminals with TakeMe2Space for the MOI constellation. Funds will accelerate manufacturing, engineering hiring, and delivery to international customers.

💡 By establishing neutral, high-capacity optical infrastructure, QOSMIC addresses the critical bottleneck preventing orbital data centers from effectively utilizing in-space computing power. This independent approach offers commercial operators a secure, cost-effective alternative to vertically integrated competitors who control both hardware and launch services.

economictimes.indiatimes.com · Jul 13

Carlyle Consortium set to take control of defence parts supplier Micropack

The Carlyle Consortium is poised to acquire a controlling stake in Micropack, a leading Indian supplier of defence components and systems. The deal, announced by Carlyle’s private‑equity arm and its Indian partner Yali Capital, follows months of negotiations and is expected to close later this quarter, subject to regulatory approval. Micropack, which manufactures precision‑engineered parts for the Indian armed forces and exports to allied markets, will become part of Carlyle’s expanding portfolio in the defence sector. The acquisition aligns with the firm’s strategy to deepen its presence in high‑growth, government‑backed industries in emerging economies, particularly as India ramps up defence spending under its latest procurement plan. The transaction values Micropack at an undisclosed amount but signals significant private‑equity interest in India’s defence supply chain.

💡 Carlyle’s move positions a global investor at the heart of India’s defence modernization, potentially reshaping supply dynamics for critical military hardware.

energy-storage.news · Jul 13

CMBlu Energy advances US manufacturing plans and targets multiple market segments for…

CMBlu Energy, a German-based redox flow battery developer, is advancing plans to establish domestic manufacturing in the United States within the next 12 to 18 months. Giovanni Damato, the company’s US president, confirmed the strategy following a €50 million Series C financing round that valued the firm at over US$1 billion. CMBlu’s SolidFlow battery energy storage system utilizes patented organic redox flow technology and solid-state materials, targeting utility-scale, data center, and commercial-industrial applications. The company focuses on its 10-hour duration system, currently deploying a 5MW/50MWh unit at Arizona’s Salt River Project. CMBlu participated in a Department of Energy grant process, identifying Phoenix, Arizona, as a potential site with contract manufacturer Benchmark. The firm seeks brownfield locations to leverage domestic content tax credits. Its organic feedstock avoids foreign entity of concern restrictions, allowing for local or European sourcing. Customer support letters indicate demand for gigawatt-hours of non-lithium long-duration storage, justifying the investment in US production capabilities.

💡 By securing supply chains free from foreign entity of concern restrictions, CMBlu offers a viable alternative to lithium-ion dominance in long-duration storage. This positioning allows the company to capture specific domestic content tax credits while addressing critical grid reliability needs for utilities and independent power producers.

completeaitraining.com · Jul 13

DeepSeek develops its own artificial intelligence chip

Chinese AI startup DeepSeek is developing a proprietary artificial intelligence chip specifically for inference workloads, aiming to reduce dependence on Nvidia and Huawei hardware amid tightening US export controls. Three sources told Reuters the project, initiated roughly a year ago, is in its early stages. DeepSeek has quietly hired chip-design engineers and contacted external partners in design, foundry, and memory sectors. This strategic shift marks a departure from the company’s historical focus on model breakthroughs. While OpenAI and Anthropic are pursuing similar custom silicon, DeepSeek faces significant hurdles, including restricted access to advanced overseas foundries and high-bandwidth memory. The news caused Nvidia shares to drop approximately 2% in premarket trading. Concurrently, DeepSeek is preparing for a $7 billion maiden funding round, signaling its transition toward commercial expansion and greater operational autonomy in a constrained global hardware market.

💡 DeepSeek’s pivot to custom silicon demonstrates how US export restrictions are forcing Chinese tech leaders to vertically integrate, accelerating domestic innovation despite severe manufacturing barriers. This move validates the industry trend toward specialized inference hardware, challenging the dominance of general-purpose GPU providers like Nvidia.