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Excelitas Technologies Corp. - X-Cite Vitae LB 11/24

ORCA Acquires Integrated Photonics Division of GXC

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Quantum computing technology developer ORCA Computing has acquired the Integrated Photonics Division of GXC, a provider of private cellular network solutions. The division has provided advanced photonics solutions to top U.S. commercial and governmental agencies. Financial terms were not disclosed. The acquisition, ORCA said, bypasses years of investment and exploration of integrated photonics materials. Through the acquisition, ORCA will bring to market hybrid photonic materials, enhancing the performance of current PT Series products toward scalable, fault-tolerant quantum computing....Read full article

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    Published: January 2024
    Glossary
    quantum
    The term quantum refers to the fundamental unit or discrete amount of a physical quantity involved in interactions at the atomic and subatomic scales. It originates from quantum theory, a branch of physics that emerged in the early 20th century to explain phenomena observed on very small scales, where classical physics fails to provide accurate explanations. In the context of quantum theory, several key concepts are associated with the term quantum: Quantum mechanics: This is the branch of...
    integrated photonics
    Integrated photonics is a field of study and technology that involves the integration of optical components, such as lasers, modulators, detectors, and waveguides, on a single chip or substrate. The goal of integrated photonics is to miniaturize and consolidate optical elements in a manner similar to the integration of electronic components on a microchip in traditional integrated circuits. Key aspects of integrated photonics include: Miniaturization: Integrated photonics aims to...
    Businessacquisitionsmergers & acquisitionsquantumintegrated photonicsquantum computingOrcaORCA ComputingGXCIntegrated Photonics DivisionAmericasEuropeIndustry News

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