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Quantum Computing Inc. (QUBT) Completes Quantum Photonic Chip Foundry, Securing Revenue Stream and Tapping into Lucrative Market
ByAinvest
Thursday, Jun 19, 2025 4:59 pm ET1min read
Quantum Computing Inc. (QUBT) presents a paradox as a speculative technology stock with a valuation seemingly disconnected from its current financial results. However, the company has completed the construction of its Quantum Photonic Chip Foundry in Tempe, Arizona, which is a commercial manufacturing operation designed to produce Thin-Film Lithium Niobate (TFLN) chips. This provides a direct path to generating substantial revenue in the massive and established market for Photonic Integrated Circuits (PICs), projected to grow from $15.1 billion in 2024 to $38.4 billion by 2029. QCi has secured an offtake agreement with Comtech Telecommunications to produce TFLN wafers for its satellite communication hardware.
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