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FormFactor and Tabor Electronics Collaborate to Demonstrate a Full Stack 5-Qubit Quantum Computer, Powered by QuantWare

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FormFactor, Inc. and Tabor Electronics LLC introduce the Echo-5Q project, showcasing a 5-Qubit Quantum Computer for research and education. The collaboration demonstrates a 250% improvement in T1 times, enhancing qubit fidelity and quantum operations. The Echo-5Q provides a turnkey solution for scientists and engineers, offering high-quality physical qubits for workforce development and technology testing.
Positive
  • Collaboration between FormFactor, Inc. and Tabor Electronics LLC introduces the Echo-5Q project.
  • Demonstration of a full stack 5-Qubit Quantum Computer for research and education.
  • 250% improvement in T1 times compared to similar systems, enhancing qubit fidelity and quantum operations.
  • Turnkey solution providing immediate access to high-quality physical qubits for workforce development and technology testing.
  • FormFactor's LF-600 Cryogen-free Dilution Refrigerator and Tabor Electronics' Proteus Direct to RF Control Electronics are key components of the Echo-5Q project.
  • QuantWare's Soprano-D Quantum Processing Unit (QPU) with five superconducting transmon qubits enables improved reliability, ease, and speed in quantum computing.
  • Tabor Electronics' open-source EureQa Qubit Characterization Software ensures easy operation of the Quantum Computer.
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  • None.

The introduction of the Echo-5Q quantum computing system represents a significant stride in the quantum computing industry, which is poised for exponential growth. The reported 250% improvement in T1 times is a substantial technical advancement, indicating enhanced qubit coherence and operational efficiency. This could potentially lead to increased demand for FormFactor's and Tabor Electronics' products as the quantum computing market matures. The ability to offer a high-quality, integrated quantum computing solution directly addresses the increasing need for advanced research tools and workforce development in this nascent field.

From a market perspective, this collaboration could position both FormFactor and Tabor Electronics as key players in the quantum computing supply chain. Their stock valuation may benefit from the positive reception of the Echo-5Q system, as investors often look for companies at the forefront of emerging technologies. However, it's essential to monitor the adoption rate and customer feedback to assess the long-term impact on the companies' financials.

The Echo-5Q project's implications for FormFactor's and Tabor Electronics' financial performance hinge on the system's market penetration and sales trajectory. The improved T1 times suggest a competitive edge that may translate into a robust revenue stream, especially as quantum computing gains traction in sectors such as finance, pharmaceuticals and materials science. It is crucial to analyze forthcoming quarterly reports for any uptick in sales attributed to this new offering.

Furthermore, the development of human capital through the Echo-5Q system could foster long-term partnerships with educational institutions, creating a recurring revenue model. Investors should watch for strategic alliances and contracts which could provide a stable financial outlook for both companies.

The Echo-5Q's reported improvement in qubit fidelity is a notable technical achievement that addresses one of the fundamental challenges in quantum computing—qubit stability. The LF-600 Cryogen-free Dilution Refrigerator and Proteus Direct to RF Control Electronics are critical components that contribute to this advancement. The system's ability to perform more quantum operations per cycle could accelerate research and development in quantum algorithms and applications.

For the industry at large, the Echo-5Q system may serve as a benchmark for small-scale quantum computing systems. The emphasis on a turnkey, customizable solution is particularly relevant for academic and commercial research labs looking to delve into quantum computing without extensive expertise in quantum hardware. This could lead to broader adoption and innovation in the field, potentially impacting various industries reliant on computational advancements.

Echo-5Q fully integrated quantum computing system lowers barriers of entry for research and workforce development

LIVERMORE, Calif., Feb. 29, 2024 (GLOBE NEWSWIRE) -- FormFactor, Inc. (NASDAQ:FORM), a leading semiconductor test and measurement supplier, together with Tabor Electronics LLC, today presented the Echo-5Q project, a demonstration of a full stack 5-Qubit Quantum Computer for research and education, leveraging a QPU supplied by QuantWare. The result of this collaboration shows the ability of the partnering companies to support the quantum industry with their respective technologies. The turnkey Quantum Computer demonstrates a 250% improvement in T1 times compared to similar small-scale systems, enabling higher qubit fidelity and more quantum operations per cycle.

As the quantum computing industry expands rapidly, the need for practical test beds and a trained workforce increases every year. The Echo-5Q offers scientists and engineers immediate access to high quality physical qubits for the development of staff and testing of new technologies. The fully integrated, customizable solution is comprised of:

Mark Elo, Chief Marketing Officer of Tabor Electronics commented “Experience and longevity counts, and this has enabled us to get to these outstanding results – FormFactor and Tabor combined have been in business for over 100 years, which means we have iterated our hardware over multiple generations of product, improving capability and quality on every iteration, and this has enabled us to get the best commercial performance out of the QuantWare QPU."

To learn more about the Echo-5Q project, visit https://www.formfactor.com/product/quantum-cryo/dilution-refrigerators/lf-600/.

About FormFactor
FormFactor, Inc. (NASDAQ:FORM), is a leading provider of essential test and measurement technologies along the full IC life cycle – from characterization, modeling, reliability, and design debug, to qualification and production test. Semiconductor companies rely upon FormFactor’s products and services to accelerate profitability by optimizing device performance and advancing yield knowledge. The Company serves customers through its network of facilities in Asia, Europe, and North America. For more information, visit the Company’s website at www.formfactor.com

About Tabor Electronics
For over 50 years Tabor Electronics has been manufacturing signal generators and has earned global recognition for its highly skilled workforce and innovative engineering capabilities. The company’s original founder invented the world’s first automatic counter and established Tabor in 1971. Since then, Tabor has evolved into a leader in the signal source market. Today the company's product portfolio includes high-end signal sources, such as RF and Microwave Signal Generators, High Speed Arbitrary Waveform Generators/transceivers, and high-voltage amplifiers. Tabor is privately owned and has offices in Israel, USA, Europe, and Asia.

About QuantWare
QuantWare is the leading supplier of quantum processors. QuantWare provides quantum processors to organisations around the world and enables them to build better quantum computers faster and more efficiently. Committed to a supply chain approach, QuantWare develops technology that will massively scale the number of qubits in a single processor, to create processors that can perform useful quantum computation in the near term.

Caution Regarding Forward-looking Statements:

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the federal securities laws, including with respect to the Company’s future financial and operating results, the Company’s plans, strategies and objectives for future operations. These statements are based on management’s current expectations and beliefs as of the date hereof, and are subject to a number of risks and uncertainties, many of which are beyond the Company’s control, that could cause actual results to differ materially from those described in the forward-looking statements. These forward-looking statements include, but are not limited to statements regarding future technology trends and trends in customer requirements, the capabilities and advantages of products to meet future customer requirements, future market or demand growth, our ability to further develop and produce products to meet customer requirements and demand, and other factors, including those set forth in the Company’s most current annual report on Form 10-K, quarterly reports on Form 10-Q and other filings by the Company with the U.S. Securities and Exchange Commission. No assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what impact they will have on the results of operations or financial condition of the Company. Unless required by law, the Company is under no obligation (and expressly disclaims any such obligation) to update or revise its forward-looking statements whether as a result of new information, future events, or otherwise.

FormFactor Trade Contact
Timothy McMullen
Corporate Communications
(503) 601-1894
timothy.mcmullen@formfactor.com 

FormFactor Investor Contact
Stan Finkelstein
Investor Relations
(925) 290-4321
ir@formfactor.com 


FAQ

What is the Echo-5Q project about?

The Echo-5Q project is a demonstration of a full stack 5-Qubit Quantum Computer for research and education, showcasing a 250% improvement in T1 times.

What are the key components of the Echo-5Q project?

The Echo-5Q project includes FormFactor's LF-600 Cryogen-free Dilution Refrigerator, Tabor Electronics' Proteus Direct to RF Control Electronics, and QuantWare's Soprano-D Quantum Processing Unit (QPU).

How does the Echo-5Q project benefit scientists and engineers?

The Echo-5Q project offers immediate access to high-quality physical qubits for the development of staff and testing of new technologies, aiding in workforce development and technology testing.

Who commented on the collaboration between FormFactor and Tabor Electronics?

Mark Elo, Chief Marketing Officer of Tabor Electronics, commented on the collaboration, highlighting the companies' experience and longevity in the industry.

What software is used for the operation of the Quantum Computer?

Tabor Electronics' open-source EureQa Qubit Characterization Software is used for the easy operation of the Quantum Computer.

FormFactor Inc.

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About FORM

formfactor, inc. (nasdaq:form), is a leading provider of essential test and measurement technologies along the full ic life cycle –from characterization, modeling, reliability, and design de-bug, to qualification and production test. semiconductor companies rely upon formfactor’sproducts and services to accelerate profitability by optimizing device performance and advancing yield knowledge. the company serves customers through its network of facilities in asia, europe, and north america. for more information, visit the company’s website at www.formfactor.com.