PsiQuantum has developed a method to manufacture quantum computing chips at scale, solving a key challenge in the industry.
The company confirmed its chipset, Omega, is now ready for mass production through a partnership with GlobalFoundries, which is producing millions of the chips at its factory in Albany, New York.
The startup employs a photonics-based approach, leveraging widely used semiconductor manufacturing techniques. However, this method enables quantum calculations using particles of light while requiring less complex cooling mechanisms than other quantum technologies.
Manufacturing yields have matched those of standard semiconductors, according to company executives.
Findings on mass production were published in the journalNature, highlighting the readiness of PsiQuantum's technology. The company expects to complete a facility capable of performing commercial quantum applications by around 2027, aligning with recent industry predictions that quantum computing is now only years away from practical use.
PsiQuantum was valued at$3.15 billion in 2023, positioning it as a leading player in the race for commercially viable quantum computers. Other companies, including Microsoft and Google, have also made significant progress, with Google forecasting commercial applications within five years.