Quantum Computing announces progress of quantum photonic chip foundry

Quantum Computing (QUBT) announced significant progress as it approaches the final commissioning of its quantum photonic chip foundry, set to open in Q1 2025. In September, QCi launched a pilot program aimed at securing sales orders from early adopters for its thin film lithium niobate, or TFLN, foundry services and establishing a unified ecosystem for producing high-performance and energy efficient photonic integrated circuits, or PICs, and nanophotonic devices. Led by Drs. Pouya Dianat and Milan Begliarbekov, QCi has made substantial strides in driving commercial activities for its products and PIC foundry services. These ongoing activities have led to the Company’s engagement in contract and technical negotiations with several key partners and customers across North America, Europe, and Asia, with expectations to finalize multiple orders for QCi’s TFLN electro-optical modulator chips by the end of the year. As QCi approaches the final phase of construction and capital equipment installation for its foundry, the Company continues to engage with various customers to build strategic partnerships and capture pre-orders. The QCi Foundry, which is anticipated to be fully operational in early 2025, will have both front end and packaging capabilities for a 150 mm wafer line, as well as the ability to design, simulate, and characterize optoelectronic devices.