PsiQuantum Secures $125 Million Expanded Agreement with DARPA under QBI Program - Quantum Computing Report

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PsiQuantum Secures $125 Million Expanded Agreement with DARPA under QBI Program

Photonic quantum computing developer PsiQuantum has signed a $125 million expanded tasking agreement with the Defense Advanced Research Projects Agency (DARPA) under the Quantum Benchmarking Initiative (QBI). The performance-based award represents PsiQuantum’s most valuable U.S. government contract to date.

The agreement funds verification and validation tasks for PsiQuantum’s utility-scale hardware architecture, custom integrated photonic manufacturing processes, and supporting cryogenic infrastructure as the company advances through Stage C—QBI’s final assessment phase focused on independent technical verification.