ORCA Computing, a prominent quantum computing company, has made a significant move by acquiring the Integrated Photonics Division of GXC, based in Austin, Texas. This division has gained recognition for supplying cutting-edge photonics solutions to esteemed commercial and government entities in the United States, including the Defense Advanced Research Projects Agency (DARPA). By capitalizing on ORCA’s successful market momentum and the deployment of four PT-1 quantum photonics systems in 2023, this acquisition propels the company forward, bypassing years of investment in traditional integrated photonics materials. As a result, ORCA is positioned at the forefront of the global race to deliver powerful and scalable quantum computers.
As part of the acquisition, ORCA Computing has gained access to GXC’s photonics-related assets, including intellectual property and existing technology. The team in Texas, boasting over a century of combined industry experience, will integrate with ORCA Computing’s existing teams. This acquisition opens up opportunities for ORCA to introduce new and promising hybrid photonic materials to the market, enhancing the performance of their current PT Series products and making significant advancements towards scalable and fault-tolerant quantum computing in 2024 and beyond.
Richard Murray, PhD, Co-founder, and CEO of ORCA Computing, expressed excitement about welcoming some of the industry’s brightest minds in integrated photonics to the ORCA family. He emphasized that this acquisition aligns with ORCA’s track record of pursuing and integrating cutting-edge components to provide top-of-the-line technology to their customers.
ORCA Computing has already achieved substantial growth and success. It began by being selected to lead a record £11.6 million grant project from the UK government to construct a quantum data center of the future. The company has since attained commercial success by supplying PT Series units to clients such as the UK Ministry of Defence and the Poznan Supercomputing and Networking Center. Furthermore, ORCA has undertaken significant initiatives for major government and enterprise clients in sectors such as Energy, Defense, and High-Performance Computing.
Steve Conway, Senior Analyst at Intersect360 Research, highlighted that ORCA Computing stands out among other quantum computing companies by offering real and scalable systems that can work in conjunction with classical High-Performance Computing (HPC) systems. The addition of an in-house photonic integrated circuit design capability sets ORCA apart, providing customers with commercially viable and high-performing quantum systems.
Krzysztof Kurowski, Technical Director at the Poznan Supercomputing and Networking Center in Poland, commended ORCA Computing for enhancing their scientific research and development efforts by providing on-premises access to quantum computing technologies. He emphasized that this strategic acquisition validates their choice of partnering with ORCA Computing, and they eagerly anticipate collaborating as ORCA evolves their forward-looking roadmap.
An FAQ about the ORCA Computing Acquisition of GXC’s Integrated Photonics Division:
1. What is ORCA Computing?
ORCA Computing is a quantum computing company that focuses on developing powerful and scalable quantum computers.
2. What did ORCA Computing acquire?
ORCA Computing acquired the Integrated Photonics Division of GXC, a company based in Austin, Texas.
3. What is the significance of this acquisition?
This acquisition allows ORCA Computing to bypass years of investment in traditional integrated photonics materials and positions them at the forefront of the global race to deliver powerful quantum computers.
4. What assets did ORCA Computing gain through the acquisition?
ORCA Computing gained access to GXC’s photonics-related assets, including intellectual property and existing technology.
5. How will the team in Texas integrate with ORCA Computing?
The team in Texas, which has over a century of combined industry experience, will integrate with ORCA Computing’s existing teams.
6. What are the opportunities provided by this acquisition?
This acquisition opens up opportunities for ORCA Computing to introduce new hybrid photonic materials to the market, enhance the performance of their existing products, and make advancements towards scalable and fault-tolerant quantum computing.
7. Who is Richard Murray?
Richard Murray is the Co-founder and CEO of ORCA Computing.
8. What has ORCA Computing achieved before this acquisition?
ORCA Computing has achieved significant growth and success, including leading a grant project to construct a quantum data center and supplying quantum computing units to clients such as the UK Ministry of Defence and the Poznan Supercomputing and Networking Center.
9. What sets ORCA Computing apart from other quantum computing companies?
ORCA Computing stands out by offering real and scalable systems that can work in conjunction with classical High-Performance Computing (HPC) systems. They also have an in-house photonic integrated circuit design capability.
10. Who commended ORCA Computing for their acquisition?
Krzysztof Kurowski, Technical Director at the Poznan Supercomputing and Networking Center, commended ORCA Computing for enhancing their research and development efforts and validated their choice to partner with ORCA Computing.
The source of the article is from the blog procarsrl.com.ar