The funding will be provided by the U.S. Department of Defense (DoD) through the Air Force Research (AFRL) Laboratory located in Rome, New York. This lab has been designated as the Quantum Information Science Research Center for the U.S. Air Force and U.S. Space Force. The funds will be used to accelerate additional investments in new capabilities at GlobalFoundries that are required to develop and build components for PsiQuantum’s photonic quantum computer. The companies expect that most of the funds will be provided in this fiscal year, but the final timeline will be based upon achieving certain milestones. PsiQuantum will also partner with AFRL to advance quantum computing capabilities. To our knowledge, this will be the first partnership that PsiQuantum has had with a U.S. government organization. The Quantum Computing Report recently published an article on A Closer Look at PsiQuantum that can provide more information on PsiQuantum’s overall approach and technology. Additional information about this funding and other quantum funding for the AFRL Rome Lab can be found in a news release provided by the office of U.S. Senator Chuck Schumer that can be found here.

April 7, 2022