We're proud to be building America's quantum future in Chicago. Last week, our CEO Victor Peng, Co-Founder and Chief Scientific Officer Pete Shadbolt, and Chief Financial Officer Susan Kim spent time on the margins of the 2026 Global Quantum Forum with elected officials, diplomats, local community leaders, researchers, Illinois Quantum and Microelectronics Park partners, and entrepreneurs across the Illinois quantum ecosystem. Together, we're all in on making this world-changing technology a reality.
PsiQuantum
Computer Hardware Manufacturing
Palo Alto, California 86,903 followers
Building the world’s first useful quantum computers.
About us
Quantum computing will be a world-changing technology with the potential to unlock powerful advances in medicine, energy, finance and beyond. At PsiQuantum, we’re focused on building the world’s first useful quantum computer. A useful quantum computer requires at least 1,000,000 qubits and error correction. We believe photonics is the only path to building a useful quantum computer. Our team at PsiQuantum is a mix of quantum physicists, semiconductor, systems, and software engineers, system architects and more. Error correction is at the centre of everything we do; and we focus on solving real-world problems. If you’re interested in joining our team, we are always open to hearing from exceptional people interested in working on one of the defining technologies of our lifetime.
- Website
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https://www.psiquantum.com
External link for PsiQuantum
- Industry
- Computer Hardware Manufacturing
- Company size
- 501-1,000 employees
- Headquarters
- Palo Alto, California
- Type
- Privately Held
- Founded
- 2015
- Specialties
- Quantum Computing, Quantum Algorithms, Quantum Computing Applications Research, Quantum Technology, and Quantum Physics
Locations
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Primary
Get directions
700 Hansen Way
Palo Alto, California 94304, US
Employees at PsiQuantum
Updates
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This month, PsiQuantum announced a new $125 million expanded agreement with the Defense Advanced Research Projects Agency (DARPA), building on years of independent and rigorous evaluation by a team of experts with unparalleled access to our sites, designs, and performance data. Learn more about PsiQuantum's role as one of only two companies in the most advanced stage of the U.S. government’s most rigorous effort to evaluate commercial pathways to utility-scale quantum computing: https://bit.ly/4hDec0f
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PsiQuantum reposted this
On the margins of the Global Quantum Forum in Chicago last week, PsiQuantum Co-Founder and Chief Scientific Officer Pete Shadbolt met with UK Ambassador Christian Turner to discuss the deep ties between the U.S. and UK quantum ecosystems. PsiQuantum's UK roots run deep. Our four Co-Founders have brought together combined decades of academic experience at the University of Bristol and Imperial College, our R&D facility at STFC Daresbury keeps pushing our technology to the cutting-edge, and other teammates across the UK are doing industry-leading work on quantum algorithm development. Learn more: https://lnkd.in/dnXdJt7C
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PsiQuantum reposted this
Brisbane and Chicago are building a quantum future together. Ambassador Moriarty reviewed the progress on the development of PsiQuantum's new facility at Chicago’s quantum park - a compliment to their plans for the world's first utility-scale quantum computer in Queensland. A powerful example of the investment and commercial collaboration between Australia and Illinois.
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PsiQuantum's Maurice Green IV joined Fox 32 Chicago this week to talk about our company's recent investment in South Chicago local schools, higher education institutions, and STEM programs to advance the next generation of quantum talent in the communities surrounding the Illinois Quantum and Microelectronics Park. Watch:
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PsiQuantum reposted this
I’m proud to share that PsiQuantum has signed a new $125 million expanded agreement with Defense Advanced Research Projects Agency (DARPA) under the Quantum Benchmarking Initiative. Our company is one of only two performers in the final and most advanced stage of one of the most comprehensive and rigorous government programs for evaluating emerging technology that I have ever seen. DARPA’s team of experts has stress-tested PsiQuantum’s approach, provided an independent and clear-eyed assessment and validation of our designs and our teams, and ultimately made our company and technology all the better for it. PsiQuantum looks forward to continuing to rise to the challenge.
PsiQuantum has signed a new $125 million expanded agreement with the Defense Advanced Research Projects Agency (DARPA) under the Quantum Benchmarking Initiative—a performance-based award, and our company's most valuable government award to date. QBI is the U.S. government's most rigorous effort to evaluate commercial pathways to utility-scale quantum computing. As one of only two companies in Stage C, QBI’s final and most advanced stage, we're taking on America's toughest quantum test. Learn more: https://lnkd.in/dsSmmS4c
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PsiQuantum has signed a new $125 million expanded agreement with the Defense Advanced Research Projects Agency (DARPA) under the Quantum Benchmarking Initiative—a performance-based award, and our company's most valuable government award to date. QBI is the U.S. government's most rigorous effort to evaluate commercial pathways to utility-scale quantum computing. As one of only two companies in Stage C, QBI’s final and most advanced stage, we're taking on America's toughest quantum test. Learn more: https://lnkd.in/dsSmmS4c
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PsiQuantum reposted this
Victor Peng, Pete Shadbolt, and I kicked off a busy week in Chicago with a visit to Affordable Welding Iron Works, which supplied hundreds of tons of structural steel for PsiQuantum's building at the Illinois Quantum and Microelectronics Park. We also joined a roundtable in South Chicago with inspiring local leaders to talk about how we can work together even more closely to deliver meaningful opportunities across the communities that surround the Park. There is no substitute for seeing this kind of work and hearing perspectives from the local area. It's hard to believe that two years have passed since our company first announced that we would become the anchor tenant at the IQMP. But thanks to hard work and close partnerships across the State of Illinois, together we're bringing the promise of quantum technology closer than ever.
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Today, PsiQuantum announced a series of philanthropic investments across local schools, higher education institutions, and STEM programs to advance the next generation of scientists, engineers, and quantum innovators in South Chicago. We're committed to ensuring young people in the communities surrounding the Illinois Quantum and Microelectronics Park have access to educational opportunities and career pathways into the growing quantum workforce. https://lnkd.in/gDtCBttD
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PsiQuantum reposted this
It was great to start this week back in South Chicago, where PsiQuantum is anchoring America's largest quantum computing project at the Illinois Quantum and Microelectronics Park. We're proud to be a neighbor in this community. Pete Shadbolt, Susan Kim, and I had a chance to hear from an incredible group of local leaders about our shared commitment to ensure that the quantum future delivers meaningful opportunities for South Chicago. We also toured Affordable Welding Iron Works, which supplied roughly 400 tons of structural steel for PsiQuantum's building at the IQMP. And we stopped by Cocula Restaurant, a local landmark, for a great lunch along the way. Thanks especially to Curt Bailey and the Related Midwest and Clayco teams for being such wonderful hosts, as well as Alderman Peter Chico and Alderman Greg Mitchell for spending the day with us.
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