PsiQuantum’s partnership with GlobalFoundries (GF) has been included in Fast Company’s prestigious annual list of the World’s Most Innovative Companies. PsiQuantum is using GF’s advanced semiconductor manufacturing facilities to build the world’s first useful quantum computer, and the Fast Company award recognizes this unprecedented collaboration.
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Quantum computing is anticipated to unlock the solutions to otherwise impossible problems and enable extraordinary advances across a broad range of applications including climate, healthcare, life sciences, energy and beyond. Whether it’s improving carbon capture catalysts, optimizing the energy grid, or modelling the chemistries of lifesaving drugs or new battery materials, quantum computers are key to solving many of the world’s most demanding challenges that will forever be beyond the capabilities of any conventional computer.
World-changing applications require a large-scale, fault-tolerant quantum computer built in a scalable and proven manufacturing environment. Silicon photonics and semiconductor chip manufacturing offer the scalability and manufacturability needed to deliver a commercially useful quantum computer on any sensible time or money scale.
PsiQuantum is building the world’s first commercially useful, fault-tolerant quantum computer based on breakthroughs in silicon photonics and quantum architecture. Its team of world-renowned quantum computing experts has developed unique technology in which single photons (particles of light) are manipulated using complex photonic circuits, patterned onto a silicon chip using standard semiconductor manufacturing techniques.
PsiQuantum and GF demonstrated a world-first ability to manufacture core quantum components, such as single-photon sources and single-photon detectors, with precision and in volume, representing a significant milestone in PsiQuantum’s roadmap to deliver a large-scale quantum computer. Fast Company recognized the collaboration between PsiQuantum and GF as one of the 10 most innovative joint ventures of 2022, an award category defined by Fast Company as “the best business pairings, whether one-off collaborations or new companies”.
“A commercially useful quantum computer has to be large, fault-tolerant, manufacturable, and scalable,” said Fariba Danesh, chief operating officer at PsiQuantum. “We have identified a clear path for building a large-scale quantum computer, leveraging our unique technology in silicon photonics and quantum system architecture, and the scalable and proven manufacturing processes of our semiconductor partner GF.”
“We are proud that our partnership with PsiQuantum has been recognized as one of the most innovative business pairings of 2022,” said Amir Faintuch, senior vice president and general manager of Computing and Wired Infrastructure at GF. “Our partnership is a powerful combination of PsiQuantum’s photonic quantum computing expertise and GF’s silicon photonics manufacturing capability that will transform industries and technology applications across climate, energy, healthcare, materials science, and government.”
Fast Company’s editors and writers sought out the most groundbreaking businesses across the globe and industries. They also judged nominations received through their application process. The World’s Most Innovative Companies is Fast Company’s signature franchise and one of its most highly anticipated editorial efforts of the year. It provides both a snapshot and a road map for the future of innovation across the most dynamic sectors of the economy.