Quantum computing company developing more cost-effective infrastructure for large-scale quantum computing and communication
COLUMBIA, Md., (May 7, 2026) — TEDCO, Maryland’s economic engine for technology companies, announced a recent $500,000 Venture Funds investment in QC82.
“We are excited to continue towards our mission to develop critical photonic infrastructure for practical quantum computing that will help tackle real-life problems,” said QC82 CEO Hussain Zaidi. “With this investment from TEDCO, we are excited to continue our research and development efforts.”
QC82, located in College Park, Md., aims to develop high-efficiency photon detectors for telecom wavelength at room temperatures. The hope is that these detectors will enable longer distance quantum communications and ultra-large-scale photonic quantum computers by significantly reducing the energy, cost, engineering complexity and footprint of quantum devices.
“The potential of quantum computing radiates across industries, and with a more practical solution, like what QC82 is working on, I can only imagine the opportunities that will arise,” said Katherine Hill Ritchie, senior director, Venture Funds. “TEDCO’s investment in this company comes with the hope of seeing continued growth, progress and innovation. We look forward to being part of its journey and hope to continue enabling the expansion of a sustainable innovation ecosystem across the state.”
TEDCO’s Venture Funds are one of the investment opportunities TEDCO offers to qualifying technology-based startups and small businesses throughout Maryland. For more information about eligibility, other resources and programs or our investment funds, visit tedcomd.com.
“Maryland is home to not only the first publicly traded quantum computing company, IonQ—a company that spun out of the University of Maryland—but the state is also ranked in the top 5 quantum computing hubs with the second highest concentration of doctoral scientists and engineers,” said TEDCO CEO Troy LeMaile-Stovall. “Anyone looking to make a difference in the quantum computing industry should look no further than the state that is creating opportunities; with a public-private partnership aimed to enable $1 billion in investments and solidify the state as the ‘Capital of Quantum,’ Maryland is the place to start and grow a quantum business.”