PsiQuantum expanded its DARPA agreement by $125 million
Building on years of rigorous evaluation, PsiQuantum is one of two companies in the most advanced stage of the U.S. government's effort to assess commercial quantum computing pathways.
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Utility-scale photonic quantum computing developer
psiquantum.comLast updated
In short: PsiQuantum advanced its goal of building a million-qubit computer through massive government deals, new leadership, and global expansions.
Building on years of rigorous evaluation, PsiQuantum is one of two companies in the most advanced stage of the U.S. government's effort to assess commercial quantum computing pathways.
The deal expands testing under the Quantum Benchmarking Initiative, advancing utility-scale quantum computing.
Victor Peng named CEO, Rob Soderbery EVP, and Sriram Sitaraman CIO, strengthening leadership team.
The company collaborates with the U.S. Government and partners to build and deploy quantum computing in the United States.
PsiQuantum announced a $250,000 philanthropic investment in local schools, higher education institutions, and STEM programs to advance the next generation of scientists, engineers, and quantum...
SAN FRANCISCO, July 22 (Reuters) - PsiQuantum has signed a $125 million agreement with the U.S. Defense Advanced Research Projects Agency, the quantum computing startup's...
The company has drawn governments, a major chipmaker, and the Pentagon into an effort to control fragile photons and build a useful quantum machine. It...
Quantum computing companies raised $3.9 billion in VC funding last year, the highest on record.
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