Diffraqtion Raises More Than $10M for Quantum Camera Development

Insider Brief

Diffraqtion has secured strategic investments from Lockheed Martin Ventures and Presidio Ventures, bringing its total funding to more than $10 million.

The MIT and University of Maryland spinout has advanced its quantum camera technology through on-sky demonstrations, a DARPA SBIR program and NASA projects.

Diffraqtion plans to use the new funding to develop its first fielded camera, with a hosted payload on a partner spacecraft planned to provide flight heritage.

PRESS RELEASE – Diffraqtion, an MIT and University of Maryland spinout building quantum camera platforms for defense and space sensing, today announced strategic investments from Lockheed Martin Ventures and Presidio Ventures, the venture arm of Sumitomo Corporation, bringing total funding to over $10M.