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PsiQuantum Partners with DARPA; FISBA Acquires Gray Optics: Week in Brief: 02/03/23

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LOS ANGELES, Feb. 3, 2023 — Tailwind Acquisition Corp. and NUBURU have completed their previously announced business combination, resulting in NUBURU becoming a publicly listed company. The combined company now operates under the name Nuburu Inc. with its common stock now trading on the NYSE under the ticker symbol BURU. PALO ALTO, Calif. — PsiQuantum has signed a contract with the Defense Advanced Research Projects Agency to perform on the Utility-Scale Quantum Computing (US2QC) program, which underpins the U.S. government’s commitment to identify companies with credible roadmaps to building a useful...Read full article

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    Published: February 2023
    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...
    BusinessWeek in BriefLasersOpticsSensors & Detectorsquantumfundingpartnershipexpansionacquisitionmergers & acquisitionsAmericasEuropeNuburuPsiQuantumOmniVisWelinqDARPAFisbaGray OpticsJenoptikVector Photonics

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