Website: [equal1.com](https://www.equal1.com) ### Introduction Equal1 is a pioneering quantum computing company founded in 2017, with headquarters in Dublin, Ireland, and additional operations in Silicon Valley, California. The company was established by Dirk Leipold, Mike Asker, and Imran Bashir, who bring expertise in semiconductor technology and quantum physics. While exact employee numbers are not publicly disclosed in the most recent data, Equal1 operates as a growing startup in the quantum computing space. Its mission is to democratize quantum computing by making it accessible and affordable through scalable, silicon-based technology that addresses complex global challenges such as climate change and industrial optimization ([equal1.com/about](https://www.equal1.com/about)). Equal1 is a private company with no publicly traded stock or ticker symbol. The company focuses on integrating classical and quantum computing components to create practical, rack-mounted quantum systems, positioning itself as a leader in hybrid quantum-classical solutions. Its innovative approach aims to bridge the gap between theoretical quantum research and real-world applications by leveraging silicon-based manufacturing processes for scalability and cost efficiency. ### Key Products and Technology Equal1 is developing cutting-edge quantum computing solutions with a focus on silicon-based qubit technology. Below are details of their primary offerings based on the latest available information: - **UnityQ (Quantum Computing Platform)** - **Type**: Hybrid quantum-classical computing chip and rack-mounted system - **Technical Specifications**: Specific qubit counts and performance metrics are not fully disclosed in public sources, but the system is designed to scale to millions of qubits on a single chip, a critical factor for practical quantum applications. It operates within a cryogenic environment for quantum processing ([equal1.com/unityq](https://www.equal1.com/unityq)). - **Energy Source**: Relies on electrical power for operation and cooling systems; no specific fuel type as it is not an energy generation technology. - **Key Differentiators**: UnityQ uses silicon-based qubits, enabling scalability and integration with existing semiconductor manufacturing processes. Its hybrid design incorporates classical computing components, including Arm technology, directly into a quantum cryo chamber for enhanced efficiency ([newsroom.arm.com](https://newsroom.arm.com/blog/pushing-quantum-computing-boundaries-with-arm-equal1)). - **Development Stage**: Advanced prototype stage with demonstrated integration of classical and quantum components; not yet at full commercial deployment but progressing toward practical applications. - **Target Customers**: Research institutions, technology companies, data centers, and industries requiring high-performance computing for complex problem-solving. - **Quantum Controller Chip** - **Type**: Control hardware for quantum systems - **Technical Specifications**: Specific performance data is limited, but the chip is designed to manage silicon qubits with high precision, reducing the complexity of external control systems. - **Energy Source**: Electrical power for operation. - **Key Differentiators**: Represents a breakthrough in integrating control mechanisms directly onto the quantum chip, reducing latency and improving scalability for large qubit arrays ([innovationnewsnetwork.com](https://www.innovationnewsnetwork.com/equal1s-quantum-controller-chip-redefines-quantum-computing/53740/)). - **Development Stage**: Recently developed and showcased as a significant advancement; still in testing and integration phases. - **Target Customers**: Quantum computing hardware developers and research labs seeking scalable control solutions. ### Regulatory and Licensing Status As a quantum computing company, Equal1 does not fall under nuclear regulatory oversight such as that of the U.S. Nuclear Regulatory Commission (NRC). Instead, its regulatory considerations are tied to intellectual property protection, export controls for advanced technology, and compliance with international standards for semiconductor and quantum hardware. There are no specific public disclosures regarding regulatory milestones or licensing status for commercial deployment as of the latest data. Quantum computing technologies generally face scrutiny under export control regimes due to potential dual-use applications (military and civilian), but no specific restrictions or approvals for Equal1 have been reported. The timeline for first commercial deployment remains speculative, though CEO Jason Lynch has expressed ambitions to dominate the quantum computing space within the next decade, suggesting a focus on accelerating development and market entry ([siliconrepublic.com](https://www.siliconrepublic.com/machines/equal1-ceo-jason-lynch-quantum-computing)). Without concrete regulatory filings or milestones in the public domain, the estimated timeline to commercial deployment appears to be within the next 3-5 years, contingent on technological maturation and market readiness. ### Team and Leadership Equal1’s leadership team combines expertise in quantum technology, semiconductor engineering, and business development. Below are key figures based on available information: - **Jason Lynch (CEO)**: Leads the strategic direction of Equal1 with a focus on scaling quantum computing solutions. Lynch has been vocal about the company’s vision to lead the quantum industry within a decade, as noted in recent interviews ([siliconrepublic.com](https://www.siliconrepublic.com/machines/equal1-ceo-jason-lynch-quantum-computing)). No verified X handle publicly linked. - **Dirk Leipold (Co-Founder and CTO)**: A key technical mind behind Equal1’s silicon-based quantum technology, with extensive experience in semiconductor physics and innovation. No verified X handle available. - **Mike Asker (Co-Founder)**: Contributes to the foundational technology and strategic partnerships, though specific role details are limited in public sources. No verified X handle available. - **Imran Bashir (Co-Founder)**: Focuses on operational and technical development aspects, with a background in quantum systems. No verified X handle available. Information on additional executives or board members is not widely detailed in current public sources, reflecting the private nature of the company. ### Funding and Financial Position Equal1 has raised a total of $11.6 million over five funding rounds from eight investors, as reported in mid-2025 data ([tracxn.com](https://tracxn.com/d/companies/equal1/__tJlNyd470k7ScM0-zwVmZXIqtVE8nHXx9iXWckTQ6v8)). Additionally, on October 28, 2025, the company secured €13.7 million (approximately $14.8 million USD) under Call 7 of the Disruptive Technologies Innovation Fund (DTIF) for a quantum computing project led by Equal1, a spin-out of University College Dublin ([ucd.ie](https://www.ucd.ie/innovation/news-and-events/2025/equal1-led-project-secures-dtif7-funding/)). Specific lead investors for earlier rounds are not fully disclosed in recent updates, though strategic backers likely include technology-focused venture funds. As a private company, Equal1 does not report market cap or stock performance. The company remains in a pre-revenue stage, focusing on research and development rather than commercial contracts or scaled operations. Its funding reflects strong investor confidence in its silicon-based approach to quantum computing, positioning it for future growth as the technology matures. ### Recent News and Developments | Date | Event | Details | |---------------|------------------------------------|---------------------------------------------------------------------------------------------------| | Oct 28, 2025 | DTIF Funding Secured | Equal1-led project secures €13.7 million in funding under the Disruptive Technologies Innovation Fund for quantum computing development ([ucd.ie](https://www.ucd.ie/innovation/news-and-events/2025/equal1-led-project-secures-dtif7-funding/)). | | May 14, 2025 | CEO Interview on Future Vision | CEO Jason Lynch discusses Equal1’s ambition to dominate quantum computing within the next decade ([siliconrepublic.com](https://www.siliconrepublic.com/machines/equal1-ceo-jason-lynch-quantum-computing)). | | Dec 5, 2024 | Quantum Controller Chip Announced | Equal1 unveils a breakthrough quantum controller chip, enhancing scalability of quantum systems ([innovationnewsnetwork.com](https://www.innovationnewsnetwork.com/equal1s-quantum-controller-chip-redefines-quantum-computing/53740/)). | | Nov 13, 2024 | Integration with Arm Technology | Successful integration of Arm technology into a quantum cryo chamber, marking a significant technical milestone ([newsroom.arm.com](https://newsroom.arm.com/blog/pushing-quantum-computing-boundaries-with-arm-equal1)). | | Jan, 2024 | Continued Technology Development | Ongoing advancements in silicon qubit scalability reported, though specific details are limited ([equal1.com](https://www.equal1.com)). | Note: Due to limited public updates, some events from late 2024 are included to provide a fuller picture of recent activity. ### Partnerships and Collaborations - **Arm Technology**: Equal1 has collaborated with Arm to integrate classical computing components into quantum systems, a critical step for hybrid computing efficiency. This partnership enhances Equal1’s ability to create compact, powerful quantum solutions by leveraging Arm’s expertise in processor design ([newsroom.arm.com](https://newsroom.arm.com/blog/pushing-quantum-computing-boundaries-with-arm-equal1)). - **University College Dublin (UCD)**: As a UCD spin-out, Equal1 maintains strong academic ties, benefiting from research support and talent pipelines. This relationship also facilitated the recent €13.7 million DTIF funding ([ucd.ie](https://www.ucd.ie/innovation/news-and-events/2025/equal1-led-project-secures-dtif7-funding/)). Specific utility agreements, offtake contracts, or government programs beyond the DTIF funding are not detailed in current public information. Equal1’s focus appears to be on technology development partnerships rather than immediate commercial deployments. ### New Hampshire Relevance Equal1’s quantum computing technology has potential relevance to [[New Hampshire]], though direct connections or expressed interest in the Northeast U.S. are not documented in available data. Assessing its fit for the state: - **Proximity to Infrastructure**: New Hampshire hosts [[Seabrook Station]], a nuclear power plant, and is part of the ISO New England (ISO-NE) grid. While Equal1’s technology is not directly tied to energy generation, its high-performance computing solutions could support grid optimization or data-intensive energy management systems for ISO-NE or local utilities. - **Technology Readiness**: Equal1’s products are in advanced prototype stages, not yet ready for immediate deployment. This timeline may not align with near-term NH energy or compute needs but could be relevant in 5-10 years as quantum computing matures. - **Legislative Alignment**: NH’s legislative initiatives like HB 710 focus on small modular reactors (SMRs) and advanced energy solutions. While quantum computing is outside this scope, Equal1’s potential to optimize energy systems or support data center efficiency could indirectly align with state goals for innovation and sustainability. - **Potential Applications**: Equal1’s technology could serve NH data centers (a growing sector in the region) by providing advanced computational power for AI, simulations, or cybersecurity. It could also support industrial applications requiring complex optimization, though direct grid power applications are less relevant. - **NH Connections**: No specific ties to NH or the Northeast U.S. are evident in current data, limiting immediate relevance. Equal1’s fit for NH is speculative and long-term, contingent on broader adoption of quantum computing in energy and infrastructure sectors. ### Competitive Position Equal1 operates in a competitive quantum computing landscape alongside companies like [[IonQ]], Rigetti Computing, and [[[[IBM]]]] Quantum. Compared to [[IonQ]], which focuses on trapped-ion qubits and has secured significant U.S. government contracts (e.g., $54.5 million from the Air Force Research Lab in 2024), Equal1’s silicon-based approach offers potential cost and scalability advantages through compatibility with existing semiconductor processes. Rigetti Computing, another competitor, emphasizes superconducting qubits and hybrid cloud solutions, with a more established commercial presence, whereas Equal1 is still in earlier development stages. IBM Quantum, a major player, leads with extensive qubit counts and ecosystem development (e.g., Qiskit software), posing a challenge to Equal1’s market entry due to IBM’s scale and resources. Equal1’s unique advantage lies in its hybrid quantum-classical integration and silicon qubit focus, which could lower production costs and enable mass scalability. However, risks include slower progress toward commercial viability compared to competitors and the inherent uncertainty of quantum technology timelines. ### Closing Note Equal1 is at an advanced development stage with promising silicon-based quantum computing technology, poised for significant growth if it can transition to commercial deployment within the next decade. (Note: No official RSS feed for press releases or news was identified on Equal1’s website or through available public sources after a thorough search.) *Report generated December 24, 2025*