SEEQC to go public via a SPAC merger with Allegro Merger in a $1bn deal.

SEEQC, a developer and manufacturer of scalable, energy efficient digital chips for quantum computing systems, agreed to go public via a SPAC merger with Allegro Merger, an SEC reporting company, in a $1bn deal. SEEQC develops and manufactures digital, chip-based solutions that integrate control, readout, and classical processing functions directly on-chip integrated with quantum processors (QPUs) for quantum computing system developers. By colocating these functions with qubits at milliKelvin temperature, SEEQC’s architecture reduces reliance on room-temperature electronics and supports low-latency, efficient data throughput quantum computing operations. SEEQC’s chip-based architecture is designed to operate across multiple qubit modalities, including superconducting, spin silicon, and other quantum technologies.