PsiQuantum
| Company type | Private |
|---|---|
| Industry | Quantum computing |
| Founded | 2016 in Palo Alto, California |
| Founders |
|
| Headquarters | |
Key people | |
Number of employees | 280 (2024)[2] |
| Website | psiquantum |
PsiQuantum, Corp. (formerly PsiQ)[3] is an American quantum computing company based in Palo Alto, California. It is developing a general-purpose silicon photonic quantum computer.[4][5][6]
History[edit]
PsiQuantum was co-founded in 2016 by Jeremy O'Brien, Terry Rudolph, Peter Shadbolt, and Mark Thompson. They are or were professors and researchers at the University of Bristol and Imperial College London, England.[7][8]
As of July 2021, PsiQuantum was reported to have raised $665 million from investors at a valuation of $3.15 billion.[1] Its investors include BlackRock, Baillie Gifford, and Microsoft's venture fund M12.
In 2022, PsiQuantum and GlobalFoundries received U.S. federal funding for quantum computer research and development.[9][10][11] PsiQuantum also entered into a collaboration with the Air Force Research Laboratory.[12][13]
In 2023, DARPA selected PsiQuantum as one of the companies to receive funding under its program to "to explore new ways to scale qubit count for larger system".[14] The UK Government also provided funding for PsiQuantum to open a facility in the UK.[15][16] In 2024, the Australian government announced a A$940 million investment into the company via share purchases, grants and loans.[2]
References[edit]
- ^ a b c Castellanos, Sara (2021-07-27). "PsiQuantum Raises $450 Million to Build Its Quantum Computer". Wall Street Journal. ISSN 0099-9660. Retrieved 2023-12-25.
- ^ a b Bonyhady, Nick (2024-04-29). "Labor's bold $1b bet on Aussie quantum start-up". Australian Financial Review. ISSN 1444-9900. Archived from the original on 2024-04-29. Retrieved 2024-05-01.
- ^ Murgia, Madhumita (2019-06-23). "British quantum computing experts leave for Silicon Valley". Financial Times. Retrieved 2023-12-25.
- ^ "PsiQuantum - Building the World's First Useful Quantum Computer". PsiQuantum. Retrieved 2023-12-25.
- ^ "10-K". www.sec.gov.
- ^ Witt, Stephen (2022-12-12). "The World-Changing Race to Develop the Quantum Computer". The New Yorker. ISSN 0028-792X. Retrieved 2024-01-12.
- ^ "Team". PsiQuantum. Retrieved 2023-12-25.
- ^ "PsiQuantum, with links to Imperial research, reaches multi-billion valuation". Imperial College London. 29 July 2021. Retrieved 25 December 2023.
- ^ Smith-Goodson, Paul. "PsiQuantum Has A Goal For Its Million Qubit Photonic Quantum Computer To Outperform Every Supercomputer On The Planet". Forbes. Retrieved 2023-12-25.
- ^ staff (2022-04-08). "$25M Federal Funding for Quantum R&D for GlobalFoundries and PsiQuantum". High-Performance Computing News Analysis | insideHPC. Retrieved 2023-12-25.
- ^ Cherney, Max. "PsiQuantum targets first commercial quantum computer in under six years". Reuters. Retrieved 25 December 2023.
- ^ "PsiQuantum Secures $22.5M Contract with Air Force Research Labs". HPCwire. Retrieved 2023-12-25.
- ^ Swayne, Matt (2023-12-18). "AFRL Provides US With Robust Future Quantum Computing, Networking Capabilities". The Quantum Insider. Retrieved 2023-12-25.
- ^ Swayne, Matt (2023-12-30). "DARPA 'Excited' About Microsoft, PsiQuantum Approaches to Utility-Scale Quantum Computing". The Quantum Insider. Retrieved 2023-12-31.
- ^ "PsiQuantum opens R&D facility at Daresbury Laboratory". www.ukri.org. 2023-10-05. Retrieved 2023-12-25.
- ^ "Secretary of State's remarks at PsiQuantum". GOV.UK. 2023-09-04. Retrieved 2023-12-25.