Closed a $100M Series A round to accelerate commercialization of full-stack trapped-ion quantum computers and scale toward processors with thousands of qubits, bringing total funding at that time to $124M.

Extended its Series A financing to $140M with participation from global financial investors to advance its 1,000-qubit Perspective system, 2D architecture, and next-generation optical control technologies.

Actively developing Perspective, a 1,000-qubit multi-core trapped-ion quantum system aimed at achieving quantum advantage and serving high-impact real-world applications.

Operates as a full-stack trapped-ion quantum computing company, combining scalable hardware with application-focused software for optimization, simulation, and advanced computing.

Originated as a spin-off from the Weizmann Institute of Science’s Ozeri group, leveraging a research team that operates Israel’s only fully working quantum computer with state-of-the-art performance.

Described as having early revenues with plans to scale to significant commercial volume, indicating initial customer or pilot activity in quantum computing solutions.

Positions itself as a developer of scalable, multi-core quantum computers with advanced trapped-ion qubits and multi-qubit gates targeting breakthroughs in AI and advanced computational workloads.