Company Contributes to 300mm Wafer-Scale Superconducting Qubit Manufacturing and Workforce Development

ELMSFORD, N.Y.–(BUSINESS WIRE)–SEEQC, Inc. (“SEEQC” or the “Company”), a developer and manufacturer of scalable, energy efficient digital chips for quantum computing systems, today announced its participation in a four-year Microelectronics Commons Northeast Regional Defense Technology Hub (NORDTECH) program. As one of eight U.S. Microelectronics Commons hubs, NORDTECH collaborates with regional partners across New York State and the United States to enable innovative R&D projects and advance critical lab-to-fab innovations in direct support of Department of War objectives, while also supporting workforce development goals.

The NORDTECH project is aimed at advancing scalable fabrication of superconducting qubits using next-generation materials on 300mm industrial-grade silicon wafers. SEEQC is a subcontractor to NY CREATES (Albany, NY) 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.

The program focuses on improving materials such as tantalum (Ta) and tantalum nitride (TaN) for high-coherence qubit fabrication and establishing scalable manufacturing processes within a U.S.-based 300mm wafer fabrication environment.

SEEQC’s role includes:

• Developing a high-throughput, high-fidelity cryogenic qubit evaluation platform
• Providing performance feedback to fabrication teams
• Development of one of the world’s first quantum Process Design Kits (PDK) within the Cadence EDA ecosystem
• Supporting integration of qubit designs compatible with SEEQC’s digital SFQ-based control architecture

Scaled, standardized quantum chip processing is expected to accelerate research, improve fabrication repeatability, and strengthen domestic manufacturing capabilities.

“Industrial-scale quantum fabrication requires both materials innovation and reliable evaluation infrastructure,” said Dr. Oleg Mukhanov, Chief Scientific Officer of SEEQC. “Our 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. “SEEQC is proud to contribute our expertise in digital superconducting technology to a national effort aimed at accelerating quantum innovation.”

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

About SEEQC
SEEQC is building quantum computers on a chip. SEEQC’s digital chip technology is designed to make quantum systems scalable, energy efficient, and commercially viable. The company operates advanced chip development and fabrication facilities in the United States and Europe. More than three-quarters of SEEQC’s workforce hold Ph.D. degrees across physics, electrical engineering, materials science, computer science, and related disciplines.

Contacts

Media & Investor Contact: SEEQC@icrinc.com

Source: Businesswire

CHINO HILLS, CALIFORNIA — May 2026 — King Energy, the nationwide leader in multi-tenant commercial solar, held a ribbon-cutting ceremony at The Shoppes at Chino Hills, marking a milestone for the property, its tenants, and the broader Chino Hills community. The event, hosted in partnership with Dunhill Partners, was attended by property management, King Energy leadership, and City Council Member Peter Rogers.

The Shoppes at Chino Hills represents a significant milestone project for King Energy, combining technical sophistication with meaningful impact for tenants, ownership, and the broader community.

Behind the project is a highly coordinated multi-array solar system designed to maximize onsite clean energy generation across the property.

“This is a five-point interconnection system with five different solar arrays tied into the local power grid, so there is a lot of complexity here,” said Rob Porter, Chief Commercial Officer at King Energy. “The cumulative impact is close to two million kilowatt hours of emissions-free clean energy being generated and consumed on site by local businesses. Tenants here are saving money and using clean energy. The property owner has a new rent-paying tenant in King Energy. And the community benefits from distributed solar generated right here at the city center. That is the King Energy model working as designed.”

The Shoppes at Chino Hills has become a central gathering place and city center of Chino Hills, drawing residents daily for coffee, lunch, errands, and local retail. For Dunhill Partners, the investment reflects a long-term commitment to the property and the businesses that depend on it.

“The ownership team at Dunhill Partners has always been committed to making smart, long-term investments in the property,” said Darryll Goodman, General Manager of The Shoppes at Chino Hills. “From local small businesses to national retailers, tenants across the property now have access to discounted clean energy generated right here on site. That supports the businesses, invests in the long-term future of the property, and reflects the kind of thoughtful growth this community values.”

City Council Member Peter Rogers attended the ceremony and spoke to the significance of the project for Chino Hills and its potential to serve as a model for commercial properties across the region.

“This project is more than just panels on a roof,” said Council Member Rogers. “It represents a serious commitment to sustainability and forward-thinking investment in our community. The Shoppes at Chino Hills is essentially our city center, and when our retail partners take the lead on initiatives like this, they make our community stronger and more attractive to residents and visitors alike. I hope this serves as a fantastic example for other commercial properties to follow.”

The Chino Hills installation is part of King Energy’s broader mission to deliver financial and environmental value to commercial properties and the communities surrounding them. By generating clean energy directly where it is consumed, projects like this help support local businesses, reduce strain on the grid, and create long-term value for property owners and tenants alike.

King Energy manages all aspects of the system, from installation and permitting through long-term operations and tenant billing. Its enterprise-grade software platform, OneBill™, consolidates utility and solar charges into a single transaction, simplifying participation for tenants and eliminating operational burden for property owners.

King Energy thanks Dunhill Partners, the City of Chino Hills, Southern California Edison, and the entire project team for their collaboration and partnership in bringing this system to life.

Source: King Energy

TORONTO, Ontario, May 13, 2026 – Hydrostor, a global long-duration energy storage (LDES) developer and operator based in Toronto, has announced the development of an advanced compressed air energy storage (A-CAES) project in Greater Napanee, Ontario—the Quinte Energy Storage Centre.

“We’re excited to be announcing our first large-scale project in Greater Napanee, Ontario, right in Hydrostor’s backyard,” said Curtis VanWalleghem, Chief Executive Officer and Co-Founder of Hydrostor. “This project will make critical contributions to grid reliability and resiliency, advancing the province’s energy goals and bringing a large infrastructure project with significant jobs and investment to Ontario.”

The announcement comes on the heels of the project’s receipt of a Municipal Support Resolution from Greater Napanee, Ontario, which was the result of a more than 12-month consultation process that allowed Hydrostor to engage with the town’s Administration, Council, and community members to raise awareness and understanding of the project and its benefits.

The project will now begin its permitting process, during which Hydrostor will continue to partner with the community of Greater Napanee as well as provincial and federal agencies to secure the necessary municipal, provincial, and federal permits and approvals. The project is being developed in partnership with the Mohawks of the Bay of Quinte, who will be an Indigenous equity partner in the project.

As a large-scale infrastructure project, the Quinte Energy Storage Centre is expected to contribute significantly to the local and provincial economy. The project is estimated to support thousands of jobs during the construction phase of the project, and approximately 40 permanent jobs for the facility’s 50-year lifetime once operational. The project is expected to contribute over CA$1.4B to Canada’s GDP.

The project will be funded in part by a previously announced investment from the Canada Growth Fund, who have made available a $50 million USD convertible development expenditure loan facility to fund a portion of development costs for Hydrostor’s Canadian projects.

Ontario’s Independent Electricity System Operator recently announced its first Long Lead-Time Procurement as Directed by Ontario’s Minister of Energy and Mines, Stephen Lecce, which will procure up to 800 MW of long-duration energy storage and prioritizes the development of diverse resources to support the reliability of Ontario’s grid for years to come.

The company’s A-CAES technology represents a critical solution underpinning the future reliability of energy systems globally. Hydrostor has projects in late-stage development in New South Wales, Australia, and California, USA, along with a 7 GW project pipeline globally, with projects advancing in Canada, the U.S., Australia, and the UK.

About Hydrostor Inc.

Hydrostor is a leading developer and operator of long duration energy storage systems, leveraging a proven, patented technology solution for delivering long duration energy storage to power grids around the world, using compressed air and water to store energy.

Founded in 2010 and with offices in Toronto, Canada; Melbourne, Australia; and Denver, USA; Hydrostor is backed by Goldman Sachs Alternatives, CPP Investments, Canada Growth Fund, and other forward-thinking institutional investors, providing financial security to commit to top-tier energy projects. Hydrostor has an extensive pipeline of A-CAES projects in North America, Australia, and Europe, poised to meet their evolving grid and reliability needs.

To learn more, visit https://www.hydrostor.ca/ or follow us on LinkedIn.

Source: Hydrostor

DENVER, COLORADO – DECEMBER 19, 2025 – Hydrostor, a leading global long duration energy storage (LDES) developer and operator, is pleased to announce that the Willow Rock Energy Storage Center received final permitting approval from the California Energy Commission (CEC), positioning the project to be shovel-ready in 2026. The 500 MW / 4,000 MWh advanced compressed air energy storage (A-CAES) project can store energy for eight hours of continuous discharge to the grid, and will provide reliability and resiliency amidst rapidly rising electricity demand.

“This permit from the CEC is a crucial milestone to realizing the benefits of the Willow Rock project, and helps to unlock the rest of our multi-gigawatt pipeline in North America. We’re appreciative of all the work that has gone into reaching this important milestone,” said Curtis VanWalleghem, Hydrostor Co-Founder and CEO. “Our A-CAES technology will be key to reliably meeting expected demand increases driven in part by data centers and AI, while also maintaining affordability for existing customers. We’re excited to show the world the benefits A-CAES can bring to the grid.”

Jon Norman, Hydrostor President, said, “We’re grateful to the Commissioners, CEC staff, and all of our community stakeholders for the work that went into permitting the Willow Rock Energy Storage Center, which will be a critical economic driver for Kern County and the surrounding region. Now, we’re eager to get to work bringing the project to life, creating thousands of jobs and enhancing energy reliability and resiliency.”

Strategically located in Kern County, Hydrostor’s innovative storage technology stores surplus energy, which it is then able to discharge during peak use hours. The project will be able to power more than 400,000 homes for more than eight hours and will bring more than $500M in investment to the East Kern County and the greater Antelope Valley, in addition to thousands of jobs during construction and 40 full-time jobs for its 50-year operational lifetime.

The project received its franchise agreement from the Kern County Board of Supervisors as of early December, and received a conditional letter of support also from the Kern County Board of Supervisors in April.

The Willow Rock Energy Storage Center is Hydrostor’s first utility-scale project being built in the U.S. The company is developing another late-stage project in New South Wales, Australia, and has a 7 GW project pipeline globally, with projects in the U.S., Australia, Canada, and the UK.

About Hydrostor Inc. 

Hydrostor is a leading developer and operator of long duration energy storage systems, leveraging a proven, patented technology solution for delivering long duration energy storage to power grids around the world, using compressed air and water to store energy.

Founded in 2010 and with headquarters in Toronto, Canada and offices in Melbourne, Australia, and Denver, USA, Hydrostor is backed by Goldman Sachs Alternatives, CPP Investments, Canada Growth Fund, and other forward-thinking institutional investors, providing financial security to commit to top-tier energy projects. Hydrostor has an extensive pipeline of A-CAES projects in North America, Australia, and Europe, poised to meet their evolving grid and reliability needs. Follow us on LinkedIn.

Source: Hydrostor