Latest PsiQuantum News & Updates

See the latest news and media coverage for PsiQuantum. We track all announcements, press releases, and industry mentions in real time, all in one place.

PsiQuantum

Photonic quantum computing systems developer

psiquantum.com

Headquarters: Palo Alto, United States
Founded year: 2015
Company type: Private company
Number of employees: 600–1,000

Last updated Today

Latest news about PsiQuantum

In short: PsiQuantum raised $1 billion to advance utility-scale quantum computing, including groundbreaking on major sites in Australia and the United States.

Company announcements

Yesterday PsiQuantum

PsiQuantum breaks ground on utility-scale quantum computer in Australia

The site at Moreton Bay Central will host tens of thousands of photonic chips and cryogenic infrastructure.

May 28 PsiQuantum

PsiQuantum opens Construct FTQC software to all developers

The software suite for fault-tolerant quantum algorithm development is now free and open access for the entire community.

May 26 PsiQuantum

PsiQuantum named to NatSec100 for fourth year

It signed a $100M agreement with the Department of Commerce, a DARPA contract, broke ground on a quantum project, and partnered with Lockheed and Airbus.

May 21 PsiQuantum

PsiQuantum signs $100 million LOI with Commerce

The Letter of Intent proposes $100 million in CHIPS Act incentives to scale domestic production of Barium Titanate, single-photon detectors, and advanced photonic packaging alongside company co-investment.

Media coverage

Yesterday TNW

U.S. Invests $2 Billion and Takes Stake in Quantum Firms

The Trump administration said it had signed preliminary deals for equity stakes in nine quantum...

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