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PsiQuantum Stock

Private Company · Price from Hiive
$33.03 +0.01 (+0.03%)
As of Jun 29, 2026
7.17%
Valuation$7B1
Valuation DateSep 10, 2025
Implied Valuation$7.36B
Last Price$33.03
52-Week High$36.13
52-Week Low$29.63
YTD Return-3.17%
1-Year Return+7.17%
3-Year Returnn/a
Total Funding$1.66B2
Latest Round Amount$1B1
Latest RoundSeries E
Funding Rounds7
IPO StatusUnknown
Expected IPO Daten/a
Revenuen/a
Revenue Typen/a
P/S Ration/a

About PsiQuantum

PsiQuantum is a quantum computing company building large-scale, fault-tolerant quantum computers based on silicon photonics. Rather than trapping ions or cooling superconducting circuits, it encodes quantum information in single particles of light and manufactures its photonic chips using standard semiconductor processes at GlobalFoundries. The company argues that this approach offers the fastest path to machines with a million qubits. The company is building utility-scale quantum computing facilities in Brisbane, Australia and Chicago, Illinois, and makes money primarily through government-funded partnerships and contracts for these sites along with enterprise collaborations. PsiQuantum was founded in 2016 by Jeremy O'Brien, Terry Rudolph, Pete Shadbolt and Mark Thompson, and is headquartered in Palo Alto, California.

Categories Quantum Computing, Technology Hardware
Founded 2016
Country United States
CEO Victor Peng (Interim)
Founders Jeremy O'Brien, Terry Rudolph, Pete Shadbolt, Mark Thompson
Headquarters Palo Alto, CA

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News

PsiQuantum Breaks Ground in Australia on Site of World's First Utility-Scale Quantum Computer

MORETON BAY, Australia--(BUSINESS WIRE)--At its facility at Moreton Bay Central, PsiQuantum will build and deploy the world's first utility-scale, fault-tolerant quantum computer.

11 days ago - Business Wire

PsiQuantum Signs $100 Million Letter of Intent with the U.S. Department of Commerce

PALO ALTO, Calif.--(BUSINESS WIRE)--PsiQuantum announced that the company has signed a Letter of Intent with the Department of Commerce for $100 million in proposed federal incentives.

5 weeks ago - Business Wire

PsiQuantum Unveils New Australian Site at Moreton Bay Central

BRISBANE, Australia--(BUSINESS WIRE)--PsiQuantum announced today that the company will anchor its project to build the world's first utility-scale quantum computer at Moreton Bay Central.

5 weeks ago - Business Wire

PsiQuantum Appoints Lip-Bu Tan to Board of Directors

PALO ALTO, Calif.--(BUSINESS WIRE)--PsiQuantum announced that Lip-Bu Tan, a longtime leader of the semiconductor industry and CEO of Intel, has joined the PsiQuantum Board of Directors.

2 months ago - Business Wire

PsiQuantum, the University of Tokyo, and Mitsubishi Chemical Corporation Announce Partnership to Bolster Quantum Workforce Development in Japan

TOKYO--(BUSINESS WIRE)--PsiQuantum, the University of Tokyo, and the Mitsubishi Chemical Corporation are partnering to provide training for Japan's quantum workforce.

2 months ago - Business Wire

PsiQuantum and National Cancer Center Japan Announce New Strategic Partnership to Accelerate Drug Discovery for Healthcare

PALO ALTO, Calif.--(BUSINESS WIRE)--PsiQuantum has signed a collaborative research agreement with the National Cancer Center Japan, a leading cancer treatment and research facility.

3 months ago - Business Wire

PsiQuantum and Lockheed Martin Form Strategic Collaboration to Accelerate Quantum Computing for Aerospace and Defense

PALO ALTO, Calif.--(BUSINESS WIRE)--PsiQuantum and Lockheed Martin will explore projects to develop quantum algorithms in support of real-world aerospace and defense applications.

Other symbols: LMT
8 months ago - Business Wire

PsiQuantum valued at $7 billion in latest funding round, teams up with Nvidia

Quantum computing startup PsiQuantum said on Wednesday it has raised $1 billion in its latest funding round at a valuation of $7 billion, and announced a collaboration with Nvidia to speed up developm...

Other symbols: NVDA
10 months ago - Reuters

PsiQuantum Raises $1 Billion, Says Its Computer Will Be Ready in Two Years

PsiQuantum, which is targeting an aggressive 2027 timeline to deliver a full-scale commercial-grade quantum computer, said Wednesday that it collected $1 billion in its latest fundraise.

10 months ago - WSJ

Nvidia in advanced talks to invest in PsiQuantum, The Information reports

Nvidia is in advanced talks to invest in quantum computing startup PsiQuantum, The Information reported on Sunday.

Other symbols: NVDA
1 year ago - Reuters

PsiQuantum Selects Jacobs to Deliver One of the World's First Utility-Scale Quantum Computers in Australia

Owner's Engineer role to leverage decades of global mission critical experience DALLAS , March 19, 2025 /PRNewswire/ -- Jacobs (NYSE: J) was selected by PsiQuantum to deliver master planning, schemati...

Other symbols: J
1 year ago - PRNewsWire

PsiQuantum, Mitsubishi UFJ Financial Group and Mitsubishi Chemical Announce Partnership to Design Energy-Efficient Materials on PsiQuantum's Fault-Tolerant Quantum Computer

PALO ALTO, Calif.--(BUSINESS WIRE)--PsiQuantum and Mitsubishi UFJ Financial Group today announced that they are beginning work with Mitsubishi Chemical Group on a joint project to simulate excited sta...

Other symbols: MUFG
2 years ago - Business Wire

PsiQuantum Expands Development Engagement and Plan for Production Ramp of Quantum Computing Technology at SkyWater's Minnesota Fab

BLOOMINGTON, Minn. & PALO ALTO, Calif.--(BUSINESS WIRE)--SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced PsiQuantum has expanded its development agreeme...

Other symbols: SKYT
3 years ago - Business Wire