PsiQuantum is pioneering in the quantum computing sector with its innovative approach to developing the world's first commercially viable quantum computer. Utilizing photonics-based architecture, the company is leveraging existing semiconductor manufacturing processes to build a scalable, fault-tolerant quantum computing system. Their ambitious project aims to provide groundbreaking solutions in various fields including climate technology, energy, pharmaceuticals, defense, financial services, and more.
Founded: 2016
| Jeremy O'Brien Co-Founder and Chief Executive Officer |
| Mark Thompson, Ph.D. Co-Founder and Chief Technologist |
| Pete Shadbolt, Ph.D. Co-Founder and Chief Strategy Officer |
| Fariba Danesh Chief Operating Officer (COO) |
| Josh Richman Chief Revenue Officer |
| Nicholas Kelez Chief Product Officer |
PsiQuantum has signed a $125 million agreement with the U.S. Defense Advanced Research Projects Agency, the quantum computing startup's largest U.S. government award to date.
PsiQuantum today broke ground and started construction on its facility at Moreton Bay Central, where the company will build and deploy the world's first utility-scale, fault-tolerant quantum computer.
PsiQuantum announced today that the company has signed a Letter of Intent with the U.S. Department of Commerce for $100 million in proposed federal incentives under the CHIPS and Science Act to advance American quantum computing and semiconductor leadership.
PsiQuantum has announced a significant leadership transition as the company shifts from research and development into large-scale deployment of quantum computing infrastructure. The move could signal a crucial phase for the commercialisation of fault-tolerant quantum technology.
The quantum computing startup PsiQuantum Corp. raised $1 billion from investors including Nvidia Corp., Qatar Investment Authority and Macquarie Capital in a round that values the company at $7 billion.
The startup behind Chicago’s more than $1 billion quantum computing deal said operations are expected to start in three years, a win for Illinois Governor JB Pritzker, who backed the investment and is widely seen as a potential presidential candidate.
Nvidia is in advanced talks to invest in quantum computing startup PsiQuantum, The Information reported on Sunday.
SAN FRANCISCO, March 24 (Reuters) - Quantum computing startup PsiQuantum is raising at least $750 million at a $6 billion pre-money valuation, according to two people familiar with the matter.
BRISBANE, Australia, Sept. 9, 2024 — PsiQuantum is set to expand its operations in Queensland, Australia, with the opening of a ‘Test & Characterization’ lab at Griffith University’s Nathan Campus in […]
Illinois and DARPA just announced an ambitious $500 million quantum computing campus in Chicago–with PsiQuantum at the center.
PsiQuantum will build and operate the warehouse-sized quantum computer in Brisbane, Queensland. Brisbane will also be PsiQuantum’s Asia-Pacific headquarters and regional hub. The company will create up to 400 highly skilled local jobs.