Caltech leaders and researchers discussed fundamental science driving California's quantum ecosystem at the Quantum California Convening in October 2026.
The Rise of Oratomic
Oratomic launched in Pasadena in March 2026, aiming to build a working neutral-atom quantum computer within a decade. The startup has raised $775 million in venture capital.
Caltech President Ray Jayawardhana stated that the spin-off represents an innovation ecosystem combining breakthrough science and entrepreneurial vision.
Quantum Computing Breakthroughs
In March 2026, Caltech researchers published research showing a fault-tolerant quantum computer could be achieved with 10,000 qubits instead of millions. John Preskill noted that modern companies build on decades of university-led curiosity-driven research.
JPL chief technologist Shouleh Nikzad highlighted that space science is experiencing a revolution driven by demand for quantum technologies and precision measurements.
Key facts and where they come from
- Oratomic launched in Pasadena in March 2026 and raised $775 million in venture capital.
That same month, Oratomic launched in Pasadena. To date, it has raised $775 million in venture capital to build a working neutral-atom quantum computer within the decade.
- In March 2026, Caltech researchers demonstrated that a fault-tolerant quantum computer could be built with 10,000 qubits.
published research demonstrating that a fault-tolerant quantum computer could be achievable with as few as 10,000 qubits rather than the millions previously predicted.
