Quantum Motion Partners with GlobalFoundries to Revolutionize Quantum Chip Manufacturing
Deal News | Jan 06, 2025 | oxford sciences innovation
Quantum Motion, a UK-based quantum computing startup, has achieved a significant milestone in scaling quantum computing by rapidly characterizing quantum devices fabricated using commercial semiconductor processes. The company, founded by academics from University College London and Oxford University, has partnered with semiconductor giant GlobalFoundries to produce a silicon chip featuring an array of 1024 quantum dots validated significantly faster than previous technology. The collaboration highlights the potential of using existing high-volume manufacturing platforms for silicon quantum processors, aiming to bridge quantum research and industrial production. Quantum Motion plans to continue refining its designs and integrating more complex quantum and classical components, with James Palles-Dimmock, CEO, underscoring the compatibility between scalable manufacturing techniques and quantum computing demands.
Sectors
- Quantum Computing
- Semiconductor Manufacturing
Geography
- United Kingdom – Quantum Motion, the main company involved, is based in the UK, contributing to the country’s presence in the quantum computing field.
- United States – GlobalFoundries, the semiconductor partner in the article, operates from the US, playing a critical role in the fabrication process of the quantum devices.
Industry
- Quantum Computing – The article focuses on the development and scaling of quantum computing technologies, specifically through the fabrication and testing of silicon-based quantum processors.
- Semiconductor Manufacturing – The involvement of GlobalFoundries, a leading semiconductor manufacturer, highlights the role of semiconductor processes in creating quantum computing chips.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Quantum Motion | Target | Company | A UK-based quantum computing company focusing on developing scalable quantum processors using silicon technology. |
| GlobalFoundries | Semiconductor Manufacturer | Company | A leading semiconductor manufacturer providing fabrication capabilities for Quantum Motion's quantum chips. |
| Oxford Sciences Innovation | PE Firm | Company | A private equity firm involved in supporting innovative technology companies, which includes Quantum Motion. |
| James Palles-Dimmock | CEO of Quantum Motion | People | The CEO of Quantum Motion who is quoted discussing the partnership and achievements. |
| Ted Letavic | SVP and Corporate Fellow at GlobalFoundries | People | An executive at GlobalFoundries commenting on the partnership's impact on quantum computing advances. |