HOBOKEN,
N.J., Jan. 28, 2025 /PRNewswire/ -- Quantum
Computing Inc. ("QCi" or the "Company") (Nasdaq: QUBT), an
innovative, integrated photonics and quantum optics technology
company, today announced it has received a fifth purchase
order for its thin film lithium niobate (TFLN) photonic chip
foundry. The latest order comes from a research group based in
Canada to support its research
efforts on quantum photonics.
As part of the order, QCi will provide the research group with
custom test structures based on its TFLN photonic integrated
circuit (PIC) chip technology. These test structures will serve as
a baseline for advanced designs, such as periodically poled lithium
niobate (PPLN) components, which are essential for generating
entangled photons and optical frequency conversion. Under this
order agreement, the research group will also receive priority
access and preferred rates for future multi-project wafer (MPW)
runs offered by QCi.
"Through this collaboration, we are excited to advance this
research team's pioneering work by providing the use of QCi's TFLN
foundry services," stated Dr. William
McGann, Chief Executive Officer (CEO) of QCi. "This
partnership reinforces the increasing demand for TFLN's energy
efficiency and scalability, demonstrating QCi's near-term
opportunity to address real-world challenges and highlighting
TFLN's transformative potential in the fields of next-generation
photonics and quantum technologies."
In addition, the new order aligns with QCi's recent launch of
its PIC Process Design Kit (PDK), utilizing GDSFactory's
open-source platform. The platform – a powerful Python-based tool
widely adopted across commercial and research sectors – allows
users to design a variety of complex systems, including photonic
circuits. Through this partnership, QCi's PDK will be hosted on
GDSFactory, which will provide a unified interface through a
cloud-based or local portal. Users who would like to use QCi's
foundry services will receive the ability to design and simulate
their intended circuits prior to submitting a final blueprint to
QCi for manufacturing.
The availability of QCi's PDK will streamline the design and
manufacturing process, particularly for its future MPW runs. Over
the next two years, QCi plans to make its PDK available through
additional service providers, further enhancing accessibility for
customers in the photonics market. This week, QCi also plans to
introduce its PDK at SPIE Photonics West 2025, the world's largest
photonics technologies event, taking place from January 28-30, 2025, in San Francisco, California.
To date, QCi has secured multiple pre-orders through its Pilot
Launch Program, most recently announcing collaborations with a
leading European technical university and a Canadian PIC design
house. In addition, the Company's new U.S.-based chip foundry in
Tempe, Arizona will focus on
manufacturing TFLN-based PICs and nanophotonic devices. The
facility, expected to begin operations later this quarter, will
expand QCi's capabilities and strengthen its position as a leader
in the rapidly growing optical chip market.
To learn more about the QCi Foundry or to explore collaboration
opportunities with QCi and its foundry services, please visit the
QCi Foundry webpage.
About Quantum Computing Inc.
Quantum Computing Inc. (Nasdaq: QUBT) is an innovative,
integrated photonics and quantum optics technology company that
provides accessible and affordable quantum machines to the world
today. QCi's products are designed to operate at room temperature
and low power at an affordable cost. The Company's portfolio of
core technologies and products offer unique capabilities in the
areas of high-performance computing, artificial intelligence, and
cybersecurity, as well as remote sensing applications.
For investor relations inquiries, contact John Nesbett
at qci@imsinvestorrelations.com, and for public relations
inquiries, contact Jessica Tocco
at jessica.tocco@a10associates.com.
Forward-Looking Statements
This press release contains forward-looking statements as
defined within Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. These forward-looking statements and forecasts, generally
identified by terms such as "may," "will," "expect," "believe,"
"anticipate," "estimate," "intends," "goal," "objective," "seek,"
"attempt," "aim to," or variations of these or similar words,
involve risks and uncertainties because they relate to events and
depend on circumstances that will occur in the future. Those
statements include statements regarding the intent, belief, or
current expectations of QCi and members of its management as well
as the assumptions on which such statements are
based. Prospective investors are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, including the demand for TFLN
chips and the availability and capability of QCi's chip foundry,
and that actual results may differ materially from those
contemplated by such forward-looking statements. Except as
required by federal securities law, QCi undertakes no obligation to
update or revise forward-looking statements to reflect changed
conditions.
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SOURCE Quantum Computing Inc.
