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PsiQuantum

PALO ALTO, CA · Quantum · Private

Fault-tolerant quantum computer based on photonic qubits

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Updated · psiquantum.com

Sector
Quantum
Headquarters
PALO ALTO, CA
Latest Form D
$22M, May 2025
Total capital
$55.3M
Federal grants
None on recordNo awards found in SBIR/STTR, NIH, NSF or DoD records.
Private capital raised
$22M
1 Form D · last May 2025
17 months since last filing
Federal contracts
$33.3M
2 awards · Defense
Rank in Quantum#5 of 112
Granted patents
19
21 pending · first 2026
Rank in peer group#2 of 17

Capital timeline

2022202320242025FEDERAL ↑EQUITY ↓Cumulative $55.3M$22.5M$10.8M1st Form D$22M
2022202320242025FEDERAL ↑EQUITY ↓Cumulative $55.3M$22.5M$10.8M1st Form D$22M

Latest events

  • Private capital raisedForm D · SEC · 1st filing$22M
  • Federal contractDefense · Integrating State Of The Art Optical Phase Shifter In A Photonics Platform For Quantum Computing Applications: Validation Of Quantum Circuit Capabilities And The Exploration Of Their Applications To Address Other Af Use Cases Beyond Quantum Computing$10.8M
  • Federal contractDefense · Establishing State Of The Art Integrated Photonics For Quantum Computing Applications$22.5M

Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.

Federal first

32months

from PsiQuantum’s first federal award to its first private round.

First federal award · Sep 2022
Defense · $22.5M
First Form D · May 2025
$22M · 1st Form D
Awards before first raise
2 awards

An association in public records, not a cause or a prediction.

Standing among 17 peers

Line = median

Quantum · Device

  • Granted patents#2 · top 12%

Cumulative measures favor older companies. Rankings describe position today, not outcome. Below the median, ranks show as a band rather than a number.

Founders and team

From SEC Form D filings
  • Aaron VanDevenderDirectorNamed in SEC Form D filings
  • Faye PairmanDirectorNamed in SEC Form D filings
  • Jeff BrodyDirectorNamed in SEC Form D filings
  • Jeremy O'BrienExecutive Officer, DirectorNamed in SEC Form D filings
  • Peter BarrettDirectorNamed in SEC Form D filings
  • Pete ShadboltDirectorNamed in SEC Form D filings
Show all 7 people
  • Siraj KhaliqDirectorNamed in SEC Form D filings

What it has protected

USPTO · 19 granted of 40
Show all 40 patent records

Related companies, and why

  • AOSENSE, INC.Similar federal contract value in Quantum · $108M in contracts
  • VECTOR ATOMIC INCSimilar federal contract value in Quantum · $72M in contracts
  • OEWAVES, INCSimilar federal contract value in Quantum · $37.8M in contracts
  • STREAMLINE AUTOMATION LLCSimilar federal contract value in Quantum · $20.5M in contracts
  • NUCRYPT LLCSimilar federal contract value in Quantum · $14.6M in contracts
  • QUBITEKK, INC.Similar federal contract value in Quantum · $11.7M in contracts

Regulatory activity · Quantum

Sector-level, not company-level

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.

Sources

Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.

How to read this page

Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.

Data freshness

SEC Form D filings through . SBIR and STTR awards through .