Acquiring Company
QuantumCore QNCR
Acquired Company
Avalanche PhotoniQ
Description
QuantumCore has completed its acquisition of 100% of Avalanche PhotoniQ, enhancing its technology offerings in quantum computing. This acquisition adds a second differentiated technology platform focused on single-photon detection. QuantumCore intends to position itself as a leading supplier in the multi-billion-dollar quantum computing market.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Avalanche PhotoniQ?
Avalanche PhotoniQ was acquired by QuantumCore QNCR, based in Waterloo. The deal was reported on September 11, 2026. QuantumCore is a developer of enabling hardware for the quantum computing industry. QuantumCore QNCR is privately held and operates in Artificial Intelligence.
When did QuantumCore QNCR acquire Avalanche PhotoniQ?
QuantumCore QNCR's acquisition of Avalanche PhotoniQ was reported on September 11, 2026. QuantumCore has completed its acquisition of 100% of Avalanche PhotoniQ, enhancing its technology offerings in quantum computing. This acquisition adds a second differentiated technology platform focused on single-photon detection. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Avalanche PhotoniQ do?
Avalanche PhotoniQ is a developer of next-generation single-photon detector technology. The company specializes in proprietary semiconductor metasurface technology that enables high detection efficiency and precise timing resolution. It is privately held, operating in Information Technology.
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