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PsiQuantum announced it had signed a memorandum of understanding (MOU) with five
Queensland universities (The University of Queensland, Griffith, University, Queensland University of Technology, University of Southern Queensland and the University of the Sunshine Coast) to develop educational programs in quantum fields and collaborate on research projects.
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million investment into the company via share equity ($ 250 million USD) and loans. to build the world's first utility-scale, fault-tolerant quantum computer in
Brisbane, Queensland. PsiQuantum stated that it had an aggressive plan to have the system operational by the end of 2027. In July 2024,
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selected PsiQuantum as one of the companies to receive funding under its
Underexplored Systems for Utility-Scale Quantum Computing (US2QC) program. The UK Government also provided funding for PsiQuantum to open a test facility for cryogenic testingin the UK.
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Later in July 2024, PsiQuantum announced it would be partnering with the State of
Illinois, Cook County, and the City of Chicago to anchor Governor JB Pritzker's new Illinois Quantum and Microelectronics Park.
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As of July 2021, PsiQuantum was reported to have raised $ 665 million from investors at a valuation of $ 3.15 billion. Its investors include
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received U.S. federal funding for quantum computer research and development. PsiQuantum also entered into a collaboration with the
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504:"PsiQuantum Has A Goal For Its Million Qubit Photonic Quantum Computer To Outperform Every Supercomputer On The Planet"
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723:"PsiQuantum Partners with Queensland Universities, Bolstering the Future of Quantum Computing in Australia"
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705:"PsiQuantum to Build World's First Utility-Scale, Fault-Tolerant Quantum Computer in Australia"
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631:"DARPA 'Excited' About Microsoft, PsiQuantum Approaches to Utility-Scale Quantum Computing"
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186:, Peter Shadbolt, and Mark Thompson. They are or were professors and researchers at the
741:"Gov. Pritzker Announces Location and PsiQuantum as Anchor Tenant of New Quantum Park"
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606:"AFRL Provides US With Robust Future Quantum Computing, Networking Capabilities"
529:"$ 25M Federal Funding for Quantum R&D for GlobalFoundries and PsiQuantum"
477:"PsiQuantum, with links to Imperial research, reaches multi-billion valuation"
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In 2024, the
Australian Commonwealth and Queensland governments announced a
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554:"PsiQuantum targets first commercial quantum computer in under six years"
170:. It is developing a general-purpose silicon photonic quantum computer.
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581:"PsiQuantum Secures $ 22.5M Contract with Air Force Research Labs"
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378:"PsiQuantum - Building the World's First Useful Quantum Computer"
278:"PsiQuantum Raises $ 450 Million to Build Its Quantum Computer"
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354:"British quantum computing experts leave for Silicon Valley"
655:"PsiQuantum opens R&D facility at Daresbury Laboratory"
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421:"The World-Changing Race to Develop the Quantum Computer"
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High-Performance
Computing News Analysis | insideHPC
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315:"Labor's bold $ 1b bet on Aussie quantum start-up"
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795:Privately held companies based in California
680:"Secretary of State's remarks at PsiQuantum"
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790:Computer companies of the United States
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770:Computer companies established in 2016
178:PsiQuantum was co-founded in 2016 by
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16:American quantum computing company
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765:2016 establishments in California
352:Murgia, Madhumita (2019-06-23).
276:Castellanos, Sara (2021-07-27).
745:Governor JB Pritzker - Newsroom
334:from the original on 2024-04-29
158:(formerly PsiQ) is an American
122:Terry Rudolph (chief architect)
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312:Bonyhady, Nick (2024-04-29).
226:Air Force Research Laboratory
419:Witt, Stephen (2022-12-12).
780:Quantum information science
775:Computer hardware companies
629:Swayne, Matt (2023-12-30).
604:Swayne, Matt (2023-12-18).
320:Australian Financial Review
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50:; 8 years ago
220:In 2022, PsiQuantum and
481:Imperial College London
192:Imperial College London
502:Smith-Goodson, Paul.
188:University of Bristol
103:Palo Alto, California
527:staff (2022-04-08).
119:Jeremy O'Brien (CEO)
635:The Quantum Insider
610:The Quantum Insider
282:Wall Street Journal
131:Number of employees
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785:Quantum computing
711:. April 30, 2024.
162:company based in
160:quantum computing
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39:Quantum computing
20:PsiQuantum, Corp.
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688:. Retrieved
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659:www.ukri.org
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98:Headquarters
25:Company type
565:25 December
487:25 December
406:www.sec.gov
759:Categories
727:PsiQuantum
709:PsiQuantum
690:2023-12-25
665:2023-12-25
640:2023-12-31
615:2023-12-25
590:2023-12-25
538:2023-12-25
513:2023-12-25
462:2023-12-25
457:PsiQuantum
438:2024-01-12
387:2023-12-25
382:PsiQuantum
363:2023-12-25
338:2024-05-01
295:2023-12-25
258:References
168:California
145:psiquantum
135:280 (2024)
112:Key people
65:California
433:0028-792X
328:1444-9900
290:0099-9660
231:In 2023,
211:Microsoft
203:BlackRock
164:Palo Alto
61:Palo Alto
332:Archived
71:Founders
35:Industry
585:HPCwire
559:Reuters
196:England
174:History
140:Website
53: (
45:Founded
29:Private
684:GOV.UK
508:Forbes
453:"Team"
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402:"10-K"
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288:
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209:, and
233:DARPA
567:2023
489:2023
429:ISSN
324:ISSN
286:ISSN
190:and
147:.com
105:, US
55:2016
48:2016
244:940
242:A$
215:M12
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