PsiQuantum vs Kalam Labs
Side-by-side comparison of AI visibility scores, market position, and capabilities
Palo Alto photonic quantum computing at $7B valuation; $1B Series E (BlackRock/Temasek) Feb 2025 with Omega chipset and A$940M Australia QCC build targeting fault-tolerant quantum by 2027 competing with IBM Quantum.
About
PsiQuantum is a Palo Alto, California-based photonic quantum computing company — backed with $700+ million in total funding including a $1 billion Series E in February 2025 led by BlackRock, Temasek, and Baillie Gifford (with NVIDIA NVentures participation) at a $7 billion valuation — building utility-scale fault-tolerant quantum computers using silicon photonic chip technology manufactured through an exclusive partnership with GlobalFoundries at commercial semiconductor foundries rather than bespoke quantum hardware. In February 2025, PsiQuantum announced the Omega chipset — the first manufacturable chipset for photonic quantum computing, integrating high-performance single-photon sources, superconducting single-photon detectors, and next-generation optical switches with 99.98% single-qubit fidelity and 99.22% two-qubit fusion gate fidelity. PsiQuantum is building Quantum Compute Centers in Brisbane, Australia (backed by A$940 million from Australian and Queensland governments) and Chicago, Illinois, targeting operational systems by end of 2027. Founded in 2017 by Jeremy O'Brien, Terry Rudolph, Mark Thompson, and Pete Shadbolt.
Indian defense startup developing 6-month endurance stratospheric drones (HAPS) at 60,000-70,000 ft for ISR and communications; $2.6M revenue with Indian Armed Forces contracts at $1-2M versus $100M+ satellite cost.
About
Kalam Labs is a Bengaluru-based defense technology startup developing autonomous stratospheric drones and High-Altitude Pseudo-Satellites (HAPS) that operate at 60,000-70,000 feet altitude with endurance of up to 6 months — providing persistent intelligence, surveillance, and reconnaissance (ISR) and communications relay services for military and government applications at a fraction of the cost of traditional satellites. A Y Combinator W21 graduate, Kalam Labs raised $2 million in funding, achieved $2.6 million in annual revenue as of December 2024, and secured contracts with the Indian Armed Forces and Ministry of Defence.
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