SeeQC, Inc. has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock. The quantum computing infrastructure company intends to list its shares on the Nasdaq Global Market under the ticker symbol SEQC. The number of shares to be offered and the price range for the proposed offering have not yet been determined.

Cantor and BTIG are acting as lead book-running managers for the proposed offering. The offering is subject to market conditions, and there can be no assurance regarding the timing, completion, size, or terms of the transaction.

SeeQC focuses on building scalable quantum computers on a chip. The company develops digital technologies, including superconducting Single Flux Quantum chips and cryogenic CMOS electronics, to reduce system complexity and enable fault-tolerant quantum computing. Its digital quantum control technology has demonstrated gate fidelities exceeding 99.9% at nanowatt-scale power consumption.

The company collaborates with organizations such as NVIDIA, IBM, and government research institutions. SeeQC operates chip development and fabrication facilities in the United States and Europe, with more than half of its workforce holding Ph.D. degrees in relevant scientific disciplines.

A registration statement has been filed with the SEC but has not yet become effective. The securities may not be sold nor may offers to buy be accepted until the registration statement becomes effective. This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities.

SEEQC, Inc. has been awarded a role in the four-year Microelectronics Commons Northeast Regional Defense Technology Hub (NORDTECH) program, a U.S. CHIPS Act-backed initiative. The company will contribute to advancing scalable fabrication of superconducting qubits using next-generation materials on 300mm industrial-grade silicon wafers. This participation aims to strengthen domestic manufacturing capabilities and support workforce development goals across New York State and the United States.

The NORDTECH project is one of eight U.S. Microelectronics Commons hubs designed to enable innovative R&D projects and advance critical lab-to-fab innovations. SEEQC serves as a subcontractor to NY CREATES and collaborates with academic, industry, and government partners, including Cornell University, NYU, Princeton University, Syracuse University, Quantum Circuits / D-Wave, and the Air Force Research Laboratory.

Technical Focus and Collaboration

The program emphasizes improving materials such as tantalum and tantalum nitride for high-coherence qubit fabrication. It seeks to establish scalable manufacturing processes within a U.S.-based 300mm wafer fabrication environment. Scaled, standardized quantum chip processing is expected to accelerate research, improve fabrication repeatability, and enhance domestic supply chain resilience.

SEEQC's Role and Responsibilities

SEEQC will undertake several key activities to support the program's objectives:

Strategic Importance

"Industrial-scale quantum fabrication requires both materials innovation and reliable evaluation infrastructure," said Dr. Oleg Mukhanov, Chief Scientific Officer of SEEQC. He noted that the company's work supports the transition from laboratory-scale experimentation to repeatable, scalable quantum chip production.

"The U.S. Microelectronics Commons hubs, like NORDTECH, are foundational to building resilient U.S. semiconductor and quantum supply chains," said John Levy, CEO of SEEQC. He emphasized that SEEQC is contributing its expertise in digital superconducting technology to a national effort aimed at accelerating quantum innovation.

The program also includes workforce development initiatives, featuring educational content and experiential internship opportunities across participating institutions.