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Quantum Computing, Inc. Secures First Order For TFLN Photonic Chip Foundry

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Quantum Computing Inc. (QUBT) has secured its first order for its thin film lithium niobate (TFLN) photonic chip foundry from a prominent Asian research institute. The order leverages QCi's proprietary capabilities in TFLN processing and includes in-house photonic chip design services with two fabrication runs. Initial delivery is expected in December 2024, with completion by Q1 2025. This milestone follows recent MOUs for process design kits and design services, leading up to the official opening of the QCi Foundry in Tempe, Arizona in Q1 2025.

Quantum Computing Inc. (QUBT) ha ricevuto il suo primo ordine per il suo chip fotonico in niobato di litio a film sottile (TFLN) da un importante istituto di ricerca asiatico. L'ordine sfrutta le capacit脿 proprietarie di QCi nel trattamento TFLN e include servizi di design di chip fotonici interni con due cicli di fabbricazione. La consegna iniziale 猫 prevista per dicembre 2024, con completamento entro il primo trimestre del 2025. Questo traguardo segue recenti MOUs per kit di design di processo e servizi di design, in preparazione all'apertura ufficiale della QCi Foundry a Tempe, Arizona nel primo trimestre del 2025.

Quantum Computing Inc. (QUBT) ha asegurado su primer pedido para su chip fot贸nico de niobato de litio de pel铆cula delgada (TFLN) de un destacado instituto de investigaci贸n asi谩tico. El pedido aprovecha las capacidades propietarias de QCi en el procesamiento de TFLN e incluye servicios de dise帽o de chips fot贸nicos internos con dos ciclos de fabricaci贸n. La entrega inicial se espera para diciembre de 2024, con finalizaci贸n en el primer trimestre de 2025. Este hito sigue a recientes MOUs para kits de dise帽o de procesos y servicios de dise帽o, preparando la apertura oficial de la QCi Foundry en Tempe, Arizona en el primer trimestre de 2025.

Quantum Computing Inc. (QUBT)電 欤检殧 鞎勳嫓鞎 鞐瓣惮 旮瓣磤鞙茧攵韯 鞏囲潃 頃勲 毽姮 雮橃澊鞓る笇靷(TFLN) 甏戩瀽 旃 瓿奠灔鞐 雽頃 觳 欤茧鞚 頇曤炒頄堨姷雼堧嫟. 鞚 欤茧鞚 QCi鞚 TFLN 觳橂Μ鞐 雽頃 霃呾爯鞝 電ル牓鞚 頇滌毄頃橂┌, 霊 氩堨潣 鞝滌“ 瓿奠爼鞚 韽暔頃 雮措秬 甏戩瀽 旃 靹り硠 靹滊箘鞀るゼ 韽暔頃╇媹雼. 齑堦赴 氚办啞鞚 2024雲 12鞗旊 鞓堨儊霅橂┌, 2025雲 1攵勱赴旯岇 鞕勲霅 瓴冹瀰雼堧嫟. 鞚 鞚挫爼響滊姅 頂勲靹胳姢 霐旍瀽鞚 韨ろ姼 氚 霐旍瀽鞚 靹滊箘鞀れ棎 雽頃 斓滉芳 MOU 觳搓舶鞐 鞚挫柎, 2025雲 1攵勱赴鞐 鞎勲Μ臁半倶欤 韰滍帢鞐 鞛堧姅 QCi 瓿奠灔鞚 瓿奠嫕 臧滌灔鞚 鞎炿憪瓿 鞛堨姷雼堧嫟.

Quantum Computing Inc. (QUBT) a s茅curis茅 sa premi猫re commande pour sa puce photonique en niobate de lithium 脿 film mince (TFLN) d'un institut de recherche asiatique de premier plan. La commande tire parti des capacit茅s propri茅taires de QCi dans le traitement TFLN et comprend des services de conception de puces photoniques internes avec deux s茅ries de fabrication. La livraison initiale est pr茅vue pour d茅cembre 2024, avec une finalisation d'ici le premier trimestre 2025. Ce jalon fait suite 脿 des MOU r茅cents pour des kits de conception de processus et des services de conception, en pr茅paration de l'ouverture officielle de la QCi Foundry 脿 Tempe, Arizona au premier trimestre 2025.

Quantum Computing Inc. (QUBT) hat seine erste Bestellung f眉r seinen Photonik-Chip aus Lithiumniobat in D眉nnschichttechnologie (TFLN) von einem renommierten asiatischen Forschungsinstitut gesichert. Die Bestellung nutzt die propriet盲ren F盲higkeiten von QCi in der TFLN-Verarbeitung und umfasst hauseigene Dienstleistungen f眉r das Design von Photonik-Chips mit zwei Fertigungsdurchl盲ufen. Die erste Lieferung wird f眉r Dezember 2024 erwartet, mit Abschluss im ersten Quartal 2025. Dieser Meilenstein folgt auf k眉rzliche MOUs f眉r Prozessdesign-Kits und Designservices und f眉hrt zur offiziellen Er枚ffnung der QCi Foundry in Tempe, Arizona im ersten Quartal 2025.

Positive
  • First commercial order secured for TFLN photonic chip foundry
  • Strategic expansion into high-growth markets including telecom and datacom
  • Foundry opening in Q1 2025 represents new revenue stream potential
  • Recent signing of two MOUs for process design kits development
Negative
  • None.

Insights

This first foundry order marks a significant milestone for QCi's entry into the TFLN photonic chip manufacturing space. The two-phase fabrication contract with an Asian research institute demonstrates market validation for their proprietary etching and processing capabilities. While the order size isn't disclosed, the strategic timing aligns with their Tempe facility launch in Q1 2025.

The TFLN technology's applications in telecom, datacom and quantum computing position QCi well in high-growth markets. Their integrated approach offering both manufacturing and design services creates a compelling value proposition. The recent MOUs for PDK development further strengthen their ecosystem. However, investors should note that meaningful revenue impact will depend on securing additional commercial orders and successful facility commissioning.

The significance of this development extends beyond the immediate order. TFLN technology represents a critical advancement in quantum computing and photonic integration, offering superior performance in optical modulation and signal processing. QCi's ability to manufacture these chips at room temperature with low power requirements addresses key scalability challenges in quantum systems.

The company's strategic position as both a manufacturer and technology integrator could create valuable IP and competitive advantages. However, success will hinge on their ability to maintain technological leadership and scale production efficiently. The planned Q1 2025 foundry opening will be a important inflection point for demonstrating commercial viability.

HOBOKEN, N.J., Nov. 13, 2024 /PRNewswire/ --听听("QCi" or the "Company") (Nasdaq: QUBT), an innovative, integrated photonics and quantum optics technology company, today announced that the Company has secured its first order for its thin film lithium niobate (TFLN) photonic chip foundry. The order, placed by a prominent research and technology institute based in Asia, underscores the growing global demand for QCi's advanced fabrication technology of TFLN and its ability to produce high-performance photonic integrated circuits (PICs) and nanophotonic devices. This milestone highlights QCi's commitment to accelerating the widespread adoption of TFLN and positioning it as a vital component of the future telecom, datacom, and quantum landscape.

The order will leverage QCi's proprietary capabilities in etching, processing, and wafer-scale characterization of TFLN. QCi's key technological advantage lies in its TFLN processing expertise, which is crucial for producing state-of-the-art optical devices and photonic engines that are in significant demand across various high-growth markets, in particular, the coherent communication, telecommunication, and data communication market segments.

In addition to its advanced manufacturing capabilities, QCi will offer in-house photonic chip design services as part of the order, which will include two separate fabrication runs tailored to meet the customer's needs. The first photonic chips for this order are expected to be delivered in December 2024, with the full order set to be completed by the end of Q1 2025.

"QCi is thrilled to announce this first order for the QCi Foundry, which reflects the increasing global interest in our advanced TFLN technology," stated Dr. Pouya Dianat, Director of PICs and Foundry Services at QCi. "By integrating TFLN into our own quantum technology, we are able to enhance the precision and performance of our systems, and QCi is proud to play a critical role in the future of integrated photonics. We anticipate additional orders in the coming months as the photonics community continues to embrace TFLN and prepares for the exciting opening of the QCi Foundry in Tempe, Arizona."

This announcement follows the recent signing of two memorandums of understanding (MOUs) with industry partners focused on the development of process design kits (PDKs) and design services. These strategic partnerships are paving the way for QCi as it nears the final commissioning of its QCi Foundry, which is set to officially open in Q1 2025.

To learn more about the QCi Foundry or to explore collaboration opportunities with QCi and its foundry services, please visit the QCi Foundry .

About Quantum Computing Inc.

听("QCi" or the "Company") (Nasdaq: QUBT) is an innovative, integrated photonics and quantum optics technology company that provides accessible and affordable quantum machines to the world today. QCi products are designed to operate at room temperature and low power at an affordable cost. The Company's portfolio of core technology and products offer unique capabilities in the areas of high-performance computing, artificial intelligence, cybersecurity, as well as remote sensing applications.

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SOURCE Quantum Computing Inc.

FAQ

When will Quantum Computing Inc. (QUBT) deliver the first TFLN photonic chips for their new order?

The first photonic chips are expected to be delivered in December 2024.

Where is QUBT's new QCi Foundry located and when will it open?

The QCi Foundry is located in Tempe, Arizona, and is set to officially open in Q1 2025.

What is the timeline for QUBT to complete their first TFLN foundry order?

The full order is set to be completed by the end of Q1 2025.

What markets is QUBT targeting with their TFLN technology?

QUBT is targeting coherent communication, telecommunication, and data communication market segments.

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