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PsiQuantum Stock (PSIQ)
PsiQuantum leverages silicon photonics, a mature technology, to build fault-tolerant quantum computers. They claim this avoids the complexities of exotic materials, capitalizing on decades of established silicon chip manufacturing to deliver a scalable path to the future of computing.
PsiQuantum focuses on building a large-scale, general-purpose silicon photonic quantum computer with at least 1 million physical qubits.
About PsiQuantum Stock
Founded
2016
Headquarters
Palo Alto, CA, US
Total Funding
717M
Industries
Hardware, Software, Science and Engineering
PsiQuantum is developing a quantum computer using silicon photonics technology. Compare to matter-based quantum computing, PsiQuantum claims its approach benefits from over 50 years of research and trillions of dollars invested in silicon wafer technology. PsiQuantum aims to utilize photonic qubits in their computing solutions, and as such, does not need to develop novel quantum technologies to create qubits from solid matter as their competitors do.
PsiQuantum was founded in 2016 and is headquartered in Palo Alto, California. Notable investors include BlackRock, Baillie Gifford, and Microsoft.
PsiQuantum Press Mentions
Stay in the know about the latest news on PsiQuantum
Europe is falling behind: Cofounder of worlds best-funded quantum startup on why the region risks losing out in the sector
sifted • Feb 01, 2025
Useful quantum computing is inevitable—and increasingly imminent
technologyreview • Jan 29, 2025
From Zero to Deep
medium • Jan 28, 2025
The Beat: What's next for quantum in Chicago, AI startup raises new funding
bizjournals • Jan 22, 2025
Quantum tech on the brink of commercial relevance, Illinois quantum park CEO predicts
bizjournals • Jan 22, 2025
Investors in PsiQuantum
Discover investors in PsiQuantum stock and explore their portfolio companies
PsiQuantum Management
Leadership team at PsiQuantum
Co-founder and CEO
Jeremy O'Brien
Co-founder and Chief Strategy Officer
Peter Shadbolt
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PsiQuantum Key Facts
• Experienced leadership team could help the company in delivering its unique value proposition of photonics-based qubit technology, compared to other competitors in the quantum computing ecosystem.
• The company’s photonics-based approach offers potential advantages in scalability, manufacturing scalability, and integration with existing semiconductor fabrication processes, positioning Psiquantum to capture market share in the emerging quantum computing industry.
• Granted patents and technical publications highlight PsiQuantum’s advancements in photonics-based qubit technology, quantum error correction methods, and quantum algorithm optimization, reinforcing its leadership in quantum computing innovation and scientific excellence.
• High competition from established quantum computing companies, tech giants investing in quantum research (e.g., Google, IBM), and emerging startups developing alternative quantum computing platforms may impact market positioning, pricing strategies, and customer acquisition efforts for Psiquantum.
• Compliance with international regulations, ethical considerations in quantum research, and industry standards for quantum computing hardware, software, and security protocols may influence market access, industry partnerships, and global market adoption of Psiquantum’s quantum technologies.
• Economic uncertainties, funding constraints, and investor risk aversion in emerging technologies could limit Psiquantum's access to capital, hinder expansion plans, and affect its competitive positioning in the quantum computing marketplace.
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