Website: [spinquanta.com](https://www.spinquanta.com/) ### Introduction SpinQ Technology, founded in 2018, is a pioneering quantum computing company headquartered in Shenzhen, China. The company was established by Xiang Jingen, who serves as the founder and CEO, with a mission to advance quantum computing technology and make it accessible to a wide range of industries, educational institutions, and research organizations. SpinQ specializes in developing superconducting quantum computers, quantum processing units (QPUs), cloud platforms, and related software solutions, aiming to democratize access to quantum technology across more than 40 countries. While specific employee count data is not publicly available in the latest sources, SpinQ has positioned itself as a key player in the quantum computing ecosystem, focusing on practical and innovative solutions. SpinQ operates as a private company, with no publicly available information indicating a transition to public status or a ticker symbol. Its rapid growth and international presence, particularly as the first Chinese company to export superconducting quantum chips, underscore its ambition to lead in the global quantum computing market. The company’s focus on both hardware and software solutions reflects its commitment to creating a comprehensive ecosystem for quantum technology applications. ### Key Products and Technology SpinQ offers a range of quantum computing products and technologies designed to cater to diverse needs, from research to commercial applications. Below are the key offerings based on the latest available information: - **Superconducting Quantum Computers and QPUs** - **Type**: Hardware - Quantum Processing Units and full quantum computing systems - **Technical Specifications**: SpinQ is working toward delivering a 100-qubit quantum computer by the end of 2025, a significant milestone in scaling quantum capabilities. Specific details on performance metrics like coherence times or error rates are not publicly disclosed in recent sources. - **Energy Source**: Operates using electrical power with cryogenic cooling systems typical of superconducting quantum technology, though exact energy consumption figures are unavailable. - **Key Differentiators**: SpinQ’s superconducting QPUs are noted for their innovative design and manufacturing, positioning the company as a leading quantum chip foundry. Their technology emphasizes scalability and accessibility for global markets. - **Development Stage**: Advanced development; the 100-qubit system is targeted for delivery by late 2025, indicating near-commercial readiness for larger-scale applications [South China Morning Post](https://www.scmp.com/business/investor-relations/article/3318895/chinas-spinq-sees-quantum-computing-crossing-usefulness-threshold-within-5-years). - **Target Customers**: Research institutions, universities, enterprises, and industries seeking quantum solutions for optimization, cryptography, and materials science. - **NMR Quantum Computers** - **Type**: Hardware - Nuclear Magnetic Resonance-based quantum computing systems - **Technical Specifications**: Details on qubit counts or performance metrics for NMR systems are less prominent in recent updates, but these systems are generally smaller-scale compared to superconducting models. - **Energy Source**: Electrical power, with less intensive cooling requirements than superconducting systems. - **Key Differentiators**: NMR systems are often more compact and suitable for educational or smaller research applications, offering a cost-effective entry point to quantum computing. - **Development Stage**: Operational; these systems are already in use by various institutions, though less focus is placed on them in 2025 updates compared to superconducting advancements. - **Target Customers**: Educational institutions and smaller research labs. - **Quantum Cloud Platforms and Software** - **Type**: Software and cloud services - **Technical Specifications**: Specific technical details are not widely available, but the platforms are designed to integrate with SpinQ’s hardware for remote access and application development. - **Energy Source**: N/A (software-based, hosted on conventional data center infrastructure). - **Key Differentiators**: Provides a user-friendly interface for accessing quantum resources, lowering the barrier to entry for non-specialists. - **Development Stage**: Operational; available as part of SpinQ’s ecosystem to support hardware deployments. - **Target Customers**: Enterprises, developers, and researchers needing remote quantum computing capabilities. ### Regulatory and Licensing Status As a quantum computing company, SpinQ operates in a field with fewer direct regulatory hurdles compared to nuclear energy or traditional infrastructure sectors. There is no involvement with bodies like the U.S. Nuclear Regulatory Commission (NRC) since the technology does not involve nuclear materials or energy generation. Instead, regulatory considerations for SpinQ likely center on export controls, intellectual property, and data security, especially given its international reach and the strategic importance of quantum technology. No specific regulatory milestones or licensing statuses are detailed in the latest public information for 2025. However, as a Chinese company exporting quantum technology to the U.S., Europe, and the Middle East, SpinQ must navigate international trade regulations and potential restrictions on sensitive technologies. The timeline to first commercial deployment of its 100-qubit system is targeted for the end of 2025, as announced by CEO Xiang Jingen, suggesting that the company is on track for significant scale-up in the near term [SpinQ News](https://www.spinquanta.com/news-detail/Chinese-startup-SpinQ-plans-100-qubit-quantum-computer-in-2025). ### Team and Leadership SpinQ’s leadership team is led by key figures driving its innovation and market expansion. Detailed bios are limited in public sources, but the following individuals are central to the company’s direction: - **Xiang Jingen** - Founder and CEO: Xiang Jingen is the visionary behind SpinQ, guiding the company’s strategic growth and technological advancements. Under his leadership, SpinQ has achieved milestones like becoming the first Chinese company to export superconducting quantum chips internationally. No verified X handles or LinkedIn profiles for SpinQ executives are available in the current data set, so social media links are omitted. ### Funding and Financial Position Specific figures on total funding raised by SpinQ are not publicly disclosed in the latest 2025 updates. However, the company is described as having strong funding support, positioning it as an attractive investment opportunity in the quantum computing sector [SpinQ News](https://www.spinquanta.com/news-detail/quantum-computer-companies-to-invest-in-why-spinq-technology-leads-the-future-of-quantum-computing). Details on the latest funding round, including date, amount, and lead investors, are not available in the current web information or regulatory filings, as SpinQ remains a private entity without mandatory public disclosures like SEC filings. As a private company, SpinQ does not have a market cap or stock performance data. Key institutional investors or strategic backers are not named in recent sources, though the company’s international presence suggests significant backing. SpinQ is likely in a pre-revenue or early-revenue stage for many of its offerings, with revenue primarily from sales of quantum chips and systems to research and educational institutions, as well as exports to over 40 countries. Commercial-scale revenue from larger systems like the 100-qubit computer is anticipated post-2025 deployment. ### Recent News and Developments | Date | Event | Details | |---------------|------------------------------------|---------------------------------------------------------------------------------------------------| | Oct 31, 2025 | Quantum Startups Recognition | SpinQ highlighted as a disruptive quantum startup challenging conventional computing paradigms [SpinQ News](https://www.spinquanta.com/news-detail/quantum-startups-disrupting-the-future-of-computing). | | Oct 15, 2025 | Investment Sector Analysis | Quantum computing, with SpinQ as a key player, identified as a high-growth investment sector [SpinQ News](https://www.spinquanta.com/news-detail/is-quantum-computing-the-next-tech-boom-investment-opportunities-and-market-analysis). | | Aug 8, 2025 | Investment Opportunity Highlight | SpinQ noted for innovative technology and strong funding, making it a compelling investment [SpinQ News](https://www.spinquanta.com/news-detail/quantum-computer-companies-to-invest-in-why-spinq-technology-leads-the-future-of-quantum-computing). | | Jul 23, 2025 | Top Quantum Chip Companies List | SpinQ featured among top quantum chip companies to watch in 2025 for its superconducting QPUs [SpinQ News](https://www.spinquanta.com/news-detail/top-quantum-chip-companies-to-watch-in-2025). | | Jul 22, 2025 | 100-Qubit Computer Announcement | SpinQ plans to deliver a 100-qubit quantum computer by the end of 2025, a major milestone [SpinQ News](https://www.spinquanta.com/news-detail/Chinese-startup-SpinQ-plans-100-qubit-quantum-computer-in-2025). | ### Partnerships and Collaborations Current public information on SpinQ does not detail specific partnerships or collaborations for 2025. The company’s export of quantum chips and systems to over 40 countries indicates broad international relationships, likely including academic, research, and commercial partners. However, named partners, utility agreements, offtake contracts, or government programs are not specified in the latest available data. SpinQ’s role as a leading quantum chip foundry suggests strategic collaborations in the supply chain for quantum technology, though specifics remain undisclosed [SpinQ News](https://www.spinquanta.com/news-detail/the-ultimate-guide-to-spinq-chip-foundry-revolutionizing-quantum-computing-manufacturing). ### New Hampshire Relevance SpinQ’s quantum computing technology has potential relevance to [[New Hampshire]], though direct connections or expressed interest in the Northeast U.S. are not evident in current data. Quantum computing could support data center loads, a growing sector in New Hampshire, by providing advanced computational capabilities for optimization and security applications. Proximity to infrastructure like [[Seabrook Station]] or the ISO-NE grid is less relevant, as SpinQ’s technology does not directly interface with traditional energy generation or grid systems but rather with high-performance computing environments. The technology readiness level, with a 100-qubit system expected by late 2025, aligns with potential mid-term deployment timelines in regions like New Hampshire, especially for data-intensive industries. However, alignment with specific NH legislative initiatives like HB 710 or SMR provisions is negligible, as SpinQ’s focus is on computing rather than energy production. Potential applications in NH could include supporting grid optimization through quantum algorithms or enhancing cybersecurity for critical infrastructure, though these remain speculative without direct evidence of SpinQ’s interest in the region. ### Competitive Position SpinQ operates in a competitive quantum computing landscape alongside companies like [[IonQ]], [[[[IBM]]]], and Rigetti Computing. Compared to [[IonQ]], which focuses on trapped-ion quantum systems and has secured significant U.S. government contracts (e.g., $54.5M with the Air Force Research Lab), SpinQ’s strength lies in its superconducting quantum chip manufacturing and international export reach. IBM, a leader with extensive quantum research and cloud access, benefits from a broader ecosystem and longer track record, while SpinQ’s advantage is its agility as a startup and focus on accessibility. Rigetti Computing, another superconducting quantum player, competes directly with SpinQ on hardware but has a stronger U.S. market presence. SpinQ’s unique position as a Chinese company with global reach introduces both an advantage in cost and scale and a risk due to geopolitical tensions and export restrictions. ### Closing Note SpinQ is at an advanced development stage with a promising trajectory, poised to deliver a 100-qubit quantum computer by the end of 2025 and solidify its role as a leader in quantum chip manufacturing. *Report generated December 24, 2025*