Japan's NTT Takes An Equity Stake In Optical Quantum Computing Startup OptQC, Targeting A 1-Million-Qubit Machine By 2030
OptQC, a University of Tokyo spinout, and NTT (the roughly $90 billion revenue Japanese telecom giant) signed a capital and business alliance agreement, with NTT planning to invest directly in OptQC, building on a November 2025 research collaboration. The joint roadmap targets a fault-tolerant, million-qubit-class optical quantum computer by fiscal year 2030, with an interim 10,000-qubit proof-of-concept system targeted for FY2028, and the companies plan proof-of-concept projects with prospective users starting FY2028. No specific investment amount was disclosed.
NTT is a large, established telecom infrastructure company making a direct capital bet on optical quantum computing, a modality distinct from the superconducting, trapped-ion, and neutral-atom approaches most of this feed's core companies use, and one that leans on NTT's existing optical communications expertise.
"NTT plans to invest" with no dollar figure disclosed is a strategic alliance announcement, not a quantifiable funding round; treat the capital commitment itself as unconfirmed until a number surfaces. The FY2030 million-qubit target is an extremely aggressive timeline for a technology that hasn't yet published component-level fidelity data comparable to trapped-ion or superconducting competitors.
NTT, Inc. and OptQC Corp., "NTT and OptQC Sign New Capital and Business Alliance Agreement Toward the Practical Application of Optical Quantum Computers," NTT Press Release, August 3, 2026, https://group.ntt/en/newsrelease/.