Vancouver-based quantum computing company Photonic is expanding internationally with plans to establish a new research and development (R&D) facility in the United Kingdom, a move that deepens Canada’s leadership in quantum innovation while forging closer transatlantic ties. Over the next three years, Photonic will invest more than $49 million into the UK operation, creating over […]
Photonic
Photonic Selected for DARPA Quantum Benchmarking Initiative
Coquitlam’s Photonic has been selected to participate in Stage A of the U.S. Defense Advanced Research Projects Agency’s (DARPA) Quantum Benchmarking Initiative (QBI), the company announced this week. The global program aims to rigorously assess whether any quantum computing technology can deliver “utility-scale” performance—meaning the computational value outweighs its cost—by 2033. Participants must present a […]
Photonic Unveils Breakthrough in Quantum Error Correction
Coquitlam’s Photonic has introduced a groundbreaking quantum error correction method that drastically reduces the number of qubits needed for computation, bringing practical quantum computing closer to reality. In an industry first, the company has developed a new class of Quantum Low-Density Parity Check (QLDPC) codes, called SHYPS codes, which require up to 20 times fewer […]
TELUS Partners with BC’s Photonic to Drive Quantum Communication Breakthroughs
TELUS has announced a strategic collaboration with Coquitlam’s Photonic, a pioneer in quantum technology, to accelerate the development of quantum communications in Canada. As part of this initiative, TELUS will provide Photonic with exclusive access to its advanced fibre-optic network, setting the stage for testing innovative quantum solutions expected to redefine Canada’s digital landscape, enhance […]
BC Tech Unveils Finalists For 2024 Technology Impact Awards
The BC Tech Association has announced the finalists for the 2024 Technology Impact Awards. 38 finalists across 9 Technology Impact Award (TIAs) categories who achieved exceptional success in the past year. “The Technology Impact Awards recognize the very best companies in BC and the accomplishments of the leaders and teams in the BC economy’s fastest growing […]
Quantum Innovator Photonic Adds ‘Industry Forerunners’ to Growing Team
A leader in distributed quantum computing in silicon recently announced a scaling up of its executive leadership team. Vancouver’s Photonic is building one of the first distributed, fault-tolerant, and unified quantum computing and networking platforms based on optically linked silicon spin qubits. And now with more than 130 employees, Photonic boasts one of the world’s […]
After Slow Start to 2023, VC in BC Returns to ‘Pre-Pandemic Momentum’
A B.C. company building a scalable, fault-tolerant, and unified quantum computing platform secured in November US$100 million. Photonic’s capital hailed from a variety of contributors, including the British Columbia Investment Management Corporation, the National Security Strategic Investment Fund in the UK, Inovia Capital, Amadeus Capital Partners, and Microsoft. The sizeable round of fundraising is a marked […]
BC’s Startup Resilience: Navigating Economic Headwinds with Innovation and Optimism
As the new year unfolds, startup founders face the dual challenge of daunting goals and invigorating opportunities. While the past year has been a lesson in cautious spending and navigating a risk-averse investment landscape, there’s a sense of renewed optimism in the air. For many, a new year is a time to mentally reset and […]
On ‘Cusp on Quantum Inflection Point,’ Photonic Draws $100M for Unique Tech
A B.C. company building a scalable, fault-tolerant, and unified quantum computing platform today announced substantial funding. Vancouver-based Photonic, whose quantum tech utilizes photonically linked silicon spin qubits, has secured US$100 million. The capital hails from a variety of contributors, including the British Columbia Investment Management Corporation, the National Security Strategic Investment Fund in the UK, Inovia […]