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Total: 300 USD millions
2024 (demo)-2026/27 (Magne target)
| Milestone (year) | Physical qubits | Logical qubits |
|---|---|---|
| Phoenix system (2021) | 100 | |
| 1,225-site array (2023) | 1,180 | |
| Microsoft logical-qubit demo (2024) | 24 | |
| QuNorth sale, Magne ordered (2025) | 1,200 | 50 |
| Magne delivery target (2026/27) | 1,225 | 50 |
2021-2026

$ATOM-COMPUTING
Neutral-atom company that built the first universal gate-based system over 1,000 qubits and demonstrated error correction with Microsoft. Sold its first commercial on-prem system to the Nordics.