PsiQuantum Receives a $22.5 Million Contract from the Air Force Research Laboratory

PsiQuantum will work with the Air Force Research Laboratory (AFRL) to co-develop quantum photonic chips that will be manufactured at GlobalFoundries' semiconductor fab in Malta, N.Y. This contract was enabled by the $25 million funding that was provided by the government earlier this year to help fund manufacturing investments at GlobalFoundries for developing and building components for PsiQuantum’s photonic quantum computer. For more about this new contract, you can view the press release provided by PsiQuantum here. You can also review our previous article titled A Closer Look at PsiQuantum here that provides more details about their technology. Our previous article that describes the $25 million funding for manufacturing investments at GlobalFoundries can be found here.

October 19, 2022