Quantum Computing Inc. Achieves New Milestones in Photonic Chip Production with Latest Orders

Quantum Computing Inc. (QCi), a leader in integrated photonics and quantum optics technology, has made remarkable strides recently by securing its third and fourth purchase orders for its thin film lithium niobate (TFLN) photonic chip foundry. This development marks a substantial milestone in the company's pilot launch program for 2024, laying the groundwork for further advancements in quantum application technologies.

The latest orders came from two notable organizations: a prestigious technical university in Europe and a Canadian company specializing in photonic integrated circuit (PIC) design. These partnerships demonstrate QCi's commitment to leveraging its expertise in periodically poled lithium niobate (PPLN) structures. These structures are critical for multiple applications, including optical frequency conversion and entangled photon generation. The partnership with the university is expected to push the boundaries of TFLN technology specifically for telecommunications.

The order from the Canadian PIC design house is particularly significant as it represents QCi's first commercial purchase from a customer outside the research sector. This order involves custom design for a TFLN PIC chip, which is scheduled for delivery in the second quarter of 2025. Both of these agreements are expected to unlock new opportunities for QCi, showcasing the increasing demand for its foundry services.

Dr. Pouya Dianat, QCi's Director of PICs and Foundry Services, expressed excitement about the engagement from both research and commercial sectors. He stated that the company has established a promising pipeline of opportunities that will ready QCi for broader market engagements as it officially launches its full foundry services in the first quarter of 2025. He emphasized the potential for converting these opportunities into substantial orders is high.

As the new year begins, QCi is also pleased to announce that it has delivered a partial order to its very first foundry client based in Asia. This order features TFLN PIC chips, which include passive elements such as ring resonators and waveguides and signifies the company's capabilities in serving high-performing clients. The effective production at its semiconductor foundry located in Tempe, Arizona, has paved the way for significantly increased production capacity set to commence in early 2025.

The Tempe facility is gearing up to commence full-scale production processes, which will focus on the manufacturing of high-performance photonic chips. This expansion will also entail co-development projects with clients, further establishing QCi as a trusted partner in this niche market sector.

Moreover, QCi is keen on showcasing its foundry services at the upcoming SPIE Photonics West 2025 event in San Francisco, California. This event is recognized as the world's largest gathering dedicated to photonics technologies, presenting an excellent opportunity for QCi to highlight its advancements and market offerings.

The future looks promising for QCi, with its innovative products offering remarkable capabilities in high-performance computing, artificial intelligence, and cybersecurity. As it transitions into this new phase of product offerings and customer engagements, Quantum Computing Inc. stands poised to set itself apart in the rapidly evolving quantum technology sector. This pivotal year could very well determine the company’s trajectory in leveraging its advanced photonic technologies.

For more information about QCi and its foundry services, interested parties are encouraged to visit the QCi Foundry webpage.

About Quantum Computing Inc.

Quantum Computing Inc. is a pioneering technology company listed on Nasdaq (QUBT) that specializes in accessible and cost-effective quantum machines designed to function effectively at room temperature and low power. QCi's diverse technology portfolio is at the forefront of providing innovative solutions across various sectors, notably in high-performance computing applications. This ongoing commitment to pushing the boundaries of technology and operational excellence makes QCi a key player in the field of quantum computing and photonics.