Core Insights - Lightwave Logic and QPICs have signed a memorandum of understanding (MOU) to develop Process Design Kits (PDKs) for photonic quantum circuits, aiming to enhance the commercialization of quantum technology [1][2] Company Overview - Lightwave Logic, Inc. is a technology platform company that utilizes proprietary electro-optic (EO) polymers to transmit data at higher speeds with lower power consumption, suitable for telecommunications and potentially for generative AI applications [4] - QPICs is focused on making photonic integrated circuit fabrication seamless and scalable, facilitating rapid prototyping and custom production runs for innovators in the quantum technology space [5] Collaboration Goals - The partnership aims to accelerate the production timelines for quantum computing customers by allowing them to design custom solutions based on silicon circuits without extensive modifications to existing manufacturing processes [2][3] - Both companies emphasize their shared commitment to disruptive innovation and the strategic advantage of their proximity, which will enhance collaboration efficiency [3] Funding and Infrastructure - QPICs is establishing a leading quantum technology fabrication facility in Boulder, Colorado, supported by over $160 million in funding from the US Department of Commerce's Tech Hub initiative and partnerships with the State of Colorado and New Mexico [5]

Core Viewpoint - Quantum Computing Inc. aims to leverage light-based technology to develop high-performance computing applications, positioning itself as a potential leader in the quantum computing market, which could be worth hundreds of billions in the future [1][2]. Group 1: Company Overview - Quantum Computing Inc. (QCI) focuses on photonic technology that utilizes light and its quantum properties for applications in quantum computing, machine learning, and cybersecurity [4]. - The company is developing chips integrated with photonic circuits, with a long-term goal of becoming a significant player similar to Nvidia [5]. Group 2: Technology and Production - QCI's photonic technology offers high bandwidth and fast processing capabilities while consuming low energy and operating at room temperature, making it more practical than traditional quantum computers [5]. - The company is constructing its foundry to produce thin-film lithium niobate (TFLN) components for its quantum machines, aiming to miniaturize the technology to the size of an Nvidia GPU [7]. Group 3: Market Potential and Financials - The addressable market for photonic integrated circuits was estimated at $15.4 billion in 2024, projected to grow to $38.4 billion by 2029, indicating significant future opportunities [10]. - QCI generated approximately $385,000 in total revenue over the past year, with expectations of $600,000 in 2025 and $2.9 million in 2026, highlighting its early-stage status [9]. Group 4: Competitive Landscape - QCI faces competition from established companies such as Cisco Systems, IBM, and Marvell Technology in the photonic integrated circuit space [10]. Group 5: Investment Considerations - The current market cap of $2.6 billion, equating to roughly 90 times next year's revenue estimate, raises concerns about the stock's valuation given its limited revenue [12]. - Investors are advised to wait for QCI to establish a larger revenue base before considering investment, as the company is not yet positioned as a leader in the photonic integrated circuit field [13].