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Generation One of Quantum Begins Here

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IonQ shares rise after major quantum computing breakthrough Microsoft to give DARPA hands-on access to quantum system at new Maryland site US government could take equity stake in quantum computing firms - report Anderon Finalizes $1 Billion CHIPS Act Award D-Wave Quantum Finalizes Definitive Agreement with U.S. Department of Commerce for up to $100M Rigetti Signs Definitive Agreement for $100M with U.S. Government to Accelerate R&D for Superconducting Quantum Computing Rigetti Wins $100M From US Government For Quantum R&D Rigetti Signs Definitive Agreement for $100M with U.S. Government for Quantum Computing R&D D-Wave Secures Access to Up to $100M in CHIPS Act Funding Quantum Firm Pasqal Shares Jump 95% in Debut Via SPAC Merger Bipartisan Congress Moves To Boost Quantum Funding TuringQ Planning to IPO and In Race to Become China’s First Public Quantum Firm Congress Moves to Boost Quantum Funding as US Competes With China, Europe IBM, Qedma Demo Quantum Advantage Beyond Classical Computing Limits IonQ Completes $1.8 Billion Acquisition of SkyWater Technology IonQ Completes $1.8 Billion Acquisition of SkyWater Technology to Become First Vertically Integrated Quantum Platform IBM and Ecosystem Partners Demonstrate Trusted Quantum Advantage Beyond Classical Limits Algorithmiq and IBM Achieve Quantum Advantage Milestone in Heterogeneous Matter Simulation IonQ Receives Final Regulatory Approval for $1.8B SkyWater Technology Acquisition PsiQuantum Secures $125 Million DARPA Agreement for Quantum Benchmarking IonQ shares rise after major quantum computing breakthrough Microsoft to give DARPA hands-on access to quantum system at new Maryland site US government could take equity stake in quantum computing firms - report Anderon Finalizes $1 Billion CHIPS Act Award D-Wave Quantum Finalizes Definitive Agreement with U.S. Department of Commerce for up to $100M Rigetti Signs Definitive Agreement for $100M with U.S. Government to Accelerate R&D for Superconducting Quantum Computing Rigetti Wins $100M From US Government For Quantum R&D Rigetti Signs Definitive Agreement for $100M with U.S. Government for Quantum Computing R&D D-Wave Secures Access to Up to $100M in CHIPS Act Funding Quantum Firm Pasqal Shares Jump 95% in Debut Via SPAC Merger Bipartisan Congress Moves To Boost Quantum Funding TuringQ Planning to IPO and In Race to Become China’s First Public Quantum Firm Congress Moves to Boost Quantum Funding as US Competes With China, Europe IBM, Qedma Demo Quantum Advantage Beyond Classical Computing Limits IonQ Completes $1.8 Billion Acquisition of SkyWater Technology IonQ Completes $1.8 Billion Acquisition of SkyWater Technology to Become First Vertically Integrated Quantum Platform IBM and Ecosystem Partners Demonstrate Trusted Quantum Advantage Beyond Classical Limits Algorithmiq and IBM Achieve Quantum Advantage Milestone in Heterogeneous Matter Simulation IonQ Receives Final Regulatory Approval for $1.8B SkyWater Technology Acquisition PsiQuantum Secures $125 Million DARPA Agreement for Quantum Benchmarking

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PsiQuantum Expands DARPA Tasking with $125 Million Agreement

By Quantum Computing ReportJuly 22, 2026

AI Summary

PsiQuantum secures a $125 million tasking agreement with DARPA to validate its photonic quantum hardware architecture.

Photonic quantum computing developer PsiQuantum has signed a $125 million expanded tasking agreement with the Defense Advanced Research Projects Agency (DARPA). The award is part of the Quantum Benchmarking Initiative (QBI) and represents the company's most significant U.S. government contract to date. The funding is specifically allocated for the verification and validation of PsiQuantum's utility-scale hardware architecture and its custom integrated photonic manufacturing processes.\n\nUnder the terms of the agreement, DARPA-led technical audit teams will receive direct access to PsiQuantum's internal design pipelines and manufacturing lines at its PsiFactory facility in California. The testing scope includes on-site inspection of barium titanate (BTO) thin-film electro-optic modulators and high-volume chip-to-fiber optical packaging. This level of scrutiny is intended to ensure that the company's roadmap toward a fault-tolerant quantum computer is technically sound and achievable within the projected decade-long timeline.\n\nMicah Stoutimore, Managing Director of DARPA's Quantum Benchmarking Initiative, noted that the field has advanced rapidly since the program's inception. The expanded tasking follows a previous $31.8 million Stage C award from September 2025. This move aligns with a broader U.S. strategy to shift from supporting individual research projects to building the actual infrastructure required for a quantum-enabled economy. PsiQuantum is currently building towards the deployment of the world's first utility-scale, fault-tolerant quantum computer using photonic technology.

PsiQuantum

DARPA

Funding

Photonic

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