More than half of the world’s quantum computing companies now rely on control systems from Quantum Machines, and the company is rapidly expanding its reach with the acquisition of PCB Engineering, a Hungarian firm specializing in high-performance computing hardware. This deal, announced on June 17, marks Quantum Machines’ second European acquisition in six weeks, establishing a new research and development hub in Budapest and solidifying the company’s position with a broad global presence, with employees across 22 countries. “Quantum computing is approaching a turning point, and significant impact is likely soon,” says Itamar Sivan, co-founder and CEO of Quantum Machines. As investment in quantum computing accelerates, Quantum Machines is focused on building the infrastructure needed to scale these systems, with total funding now at $280 million.
This expansion demonstrates substantial investment in the European quantum ecosystem and signals a clear ambition to accelerate development timelines as the possibility of practical quantum advantage draws nearer. The acquisition of PCB Engineering is intended to bolster Quantum Machines’ hybrid quantum-classical control architecture, a foundational element for transforming quantum processing units into useful quantum computers. Quantum Machines’ activities span a diverse range of quantum modalities, including neutral atoms, superconducting qubits, trapped ions, and spin qubits, and serve a broad spectrum of clients, from hyper-scalers and data centers to national laboratories, university research groups, and quantum startups. This breadth necessitates significant and sustained investment, alongside a rapid pace of innovation, to meet the varied demands of the industry.
With employees now present in 22 countries and established offices across the United States, Denmark, Germany, Israel, Japan, Singapore, the Netherlands, and Hungary, Quantum Machines has cultivated a broad global presence within the quantum industry. Janos Lazanyi, founder and CEO of PCB Engineering, emphasized the synergy between the two companies, stating, “Becoming part of Quantum Machines lets our engineers leverage their know-how to help build the hardware that quantum computing depends on, and we are especially proud that, together with Quantum Machines, Hungary’s tech and talent will play a central role in shaping the future of quantum computing.” Shaul Galila, COO of Quantum Machines, highlighted the importance of robust control hardware, explaining, “When you are running a quantum computer, the control hardware has to be the strongest link—it has to perform precisely and reliably, every time.” He affirmed that the newly integrated engineering team will further strengthen this critical component, ensuring the scalability and dependability demanded by their customers.
Quantum computing is almost reaching its turning point – and unprecedented impact is around the corner. It won’t be long until fault-tolerant quantum computers are a reality.
Itamar Sivan, co-founder and CEO of Quantum Machines
