QuantumCore Completes Acquisition of Avalanche PhotoniQ, Bolstering Quantum Computing Hardware

QuantumCore, a developer of hardware for the quantum computing industry, has completed its acquisition of Avalanche PhotoniQ Inc., a company specializing in next-generation single-photon detector technology. This acquisition significantly expands QuantumCore's core technology platforms, adding advanced single-photon detectors to its superconducting traveling-wave parametric amplifiers, and strengthening its position in building critical infrastructure components for scaling quantum computers.