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Quantum Transistors and the EIC Accelerator: A Diamond Quantum Chip

September 30, 2026919 words5 min

Quantum Transistors, based in Binyamina, Israel, and led by co-founder and chief executive Shmuel Bachinsky, builds qubits from nitrogen-vacancy (NV) centres, atomic defects in diamond, and links each qubit optically through a silicon photonic chip, aiming for a processor that avoids the proximity noise of densely packed qubits and the deepest cryogenic cooling. Its EIC Accelerator project, QUANTITATIVE, "A million qubit quantum computer", receives an EU contribution of €2,499,999 and runs from December 2024 to November 2026, according to CORDIS. The EIC awarded up to €17.5 million, a €2.5 million grant plus a "future equity investment of €15 million through the EIC Fund", the largest in that round, according to The Quantum Insider.

Despite the project's title, its stated objective is "to lay the foundation" for a platform that can later scale to tens or hundreds of thousands of qubits, by building and integrating three layers: qubits, photonic interconnect and control. In the first year, the report says, the second-generation qubit layer was produced in several cycles in the company's own diamond fab, the photonic layer was made in a commercial silicon photonics fab and "passed the first phase out of three", and a first integration with a third-party control platform was achieved, according to CORDIS. In December 2025 the company announced single- and two-qubit gate fidelity of 99.9988% using error-protected gates, a ninefold cut in error per gate, according to a paid company release.

99.9988%Gate fidelity, company figure
€17.5MEIC award, largest of the round
1 of 3Photonic fab phases passed
Unconfirmed€15M EIC equity

Company file

Legal entity
Quantum Transistors Technology Ltd, Binyamina
CEO
Shmuel Bachinsky, co-founder
Qubits
Nitrogen-vacancy centres in diamond
Interconnect
Silicon photonic integrated circuit
Manufacturing
Own diamond fab; commercial photonics fab
Claimed advantage
Less reliance on deep cryogenic cooling
EIC funding
Blended finance, €2.5M grant, €15M equity announced

Where Quantum Transistors Stands Now

The company's website news page has not been updated since April 2025, and its December 2025 fidelity announcement went out as a paid press release. It has not announced a multi-qubit processor, a customer or any funding round other than the EIC award. As a private Israeli company, its accounts are not public.

"We are trying to do for quantum computing what Intel's 8086 did for classical computing – make it more accessible to everyone."

Shmuel Bachinsky, CEO and co-founder, July 2024

The Technology: Qubits in Diamond, Linked by Light

NV centres in diamond hold quantum states and emit photons, so qubits can be connected optically rather than by physical proximity. Quantum Transistors says this avoids the crosstalk that limits dense qubit arrays and reduces dependence on the very low temperatures superconducting qubits need. Its fidelity result comes from composite pulses robust to frequency and amplitude errors, benchmarked at room temperature, according to the EIC report.

What the EIC Award Promised, and What the Record Shows

The project runs until November 2026, so it is too early to judge it. The headline promise of a million-qubit computer is a long-term vision; the project itself aims to build and integrate the three layers into a synchronised device. After a year, each layer had progressed separately, but the integrated device is not reported.

  1. Qubit layer, second generationProducedOwn diamond fab.
  2. Photonic layerPhase 1 of 3Commercial fab.
  3. High-fidelity gatesReported99.9988%.
  4. Integrated three-layer deviceNot reportedProject target.

The Money

The €15 million equity commitment was the largest of the March 2024 cut-off, but it was described as a future investment, and neither the company nor the EIC Fund has announced that it was made. For a company with no other disclosed round, that equity would be most of its funding.

What Cannot Be Checked

Questions for the EIC

Whether the €15 million EIC Fund investment has been made and on what conditions, how many qubits have been connected on the photonic chip, and whether the fidelity result has passed peer review are not public.

Why Europe Should Care

The EIC chose to make its biggest bet of the round on an Israeli quantum hardware company. If diamond qubits linked by light scale, the payoff is large; so is the technical risk, and the public record so far covers components rather than a working processor.

What the award promised

The foundation for a scalable, optically networked solid-state quantum computer.

What the record shows

Improved layers and a fidelity record; no integrated processor yet.

The Verdict

Big bet, early evidence

Quantum Transistors shows good component results. Whether the EIC's largest equity commitment of the round was paid is not on the record.

Quantum Transistors and the EIC have not been asked for comment for this article. It is based entirely on public records and published statements, linked throughout.

Industry

Digital and computingQuantum technology

Focus
  • Quantum computers
Technologies
  • Quantum hardware
  • Photonic integrated circuits
Keywords
  • Nitrogen-vacancy centres
  • Room-temperature qubits
  • Gate fidelity
  • Optical interconnects
  • Diamond quantum technology
  • Silicon photonics

Start with the EIC Accelerator

Expert review for Step 1 and Step 2, suitability assessment and grant screening.

Eureka Network

Eureka Network offers multiple international collaborative R&D programs including Network Projects, Clusters, Eurostars, Globalstars, and Innowwide, with funding ranging from €50K to €6.75M per project depending on the specific program. The network focuses on market-driven innovation and deep-tech development across diverse technology sectors including ICT/Digital, Industrial/Manufacturing, Bio/Medical Technologies, Energy/Environment, Quantum, AI, and Circular Economy. Applicants include SMEs, large enterprises, research organizations, universities, and startups, with Eurostars specifically targeting R&D-performing SMEs.

EIC Transition

EIC Transition provides up to €2.5 million in funding to bridge the 'valley of death' between laboratory research and market deployment, focusing on technology maturation and validation. The program supports single legal entities or small consortia of 2-5 partners including SMEs, start-ups, spin-offs, and research organizations. Technology areas include Health/Medical Technologies, Green/Environmental Innovation, Digital/Microelectronics, Quantum Technologies, and AI/Robotics.

EIC STEP Scale-Up

EIC STEP Scale-Up offers substantial equity investments of €10-30 million for established deep-tech companies ready for hyper-growth and large-scale expansion. The program targets SMEs or small mid-caps with up to 499 employees who have secured pre-commitment from qualified investors. Focus areas include Digital & Deep Tech (Semiconductors, AI, Quantum), Clean Technologies for Net-Zero goals, and Biotechnologies.

EIC Pre-Accelerator

EIC Pre-Accelerator is a pilot program providing €300,000-€500,000 in funding for early-stage deep-tech development and preparation for the EIC Accelerator program. The initiative is exclusively available to single SMEs or small mid-caps from 'Widening countries' to support regional innovation development. The program covers deep-tech innovations across physical, biological, and digital domains.

EIC Advanced Innovation Challenges

EIC Advanced Innovation Challenges is a new pilot program offering €300,000 (Stage 1) and up to €2.5 million (Stage 2) for breakthrough deep-tech solutions through ARPA-style staged funding with demand-side integration. The program targets single entities or small consortia (2-3 partners) including SMEs, start-ups, and research organizations. Focus areas include Physical AI for autonomous robotics and New Approach Methodologies (NAMs) for animal-free biomedical testing, requiring TRL 4 entry with end-user commitment.

EIC Pathfinder

EIC Pathfinder offers up to €3 million for Open calls and up to €4 million for Challenge-based calls to support early-stage research and development with proof-of-principle validation. The program requires research consortia with a minimum of 3 partners from 3 different countries, including universities, research organizations, and SMEs. Technology focus areas include Health/Medical, Quantum Technologies, AI, Environmental/Energy, and Advanced Materials.

EIC Accelerator

EIC Accelerator provides flexible funding options including blended finance (€2.5M grant + €0.5M-€10M equity), grant-only (up to €2.5M), or equity-only arrangements for scale-up and market deployment of breakthrough innovations. The program targets SMEs, start-ups, and small mid-caps with up to 499 employees, with MedTech/Healthcare representing 35% of funded projects. Other technology areas include Biopharma, Energy, AI, Quantum, Aerospace, Advanced Materials, and Semiconductors.

Innovation Partnership

Innovation Partnership facilitates collaborative innovation between public and private sectors with typical funding of €1-5 million per project. The program supports cross-sectoral strategic technologies through public-private partnerships and consortia. Projects focus on addressing societal challenges through collaborative innovation approaches.

Innovation Fund

The EU Innovation Fund provides substantial funding of €7.5 million to €300 million for large-scale demonstration of innovative low-carbon technologies. The program targets clean energy, carbon capture, renewable energy, and energy storage technologies to accelerate the transition to a low-carbon economy. Applicants include large companies, consortia, and public entities capable of implementing large-scale demonstration projects.

Innovate UK

Innovate UK offers various programs with funding ranging from £25K to £10M depending on the specific initiative, supporting business-led innovation, collaborative R&D, and knowledge transfer. The organization funds projects across all sectors with particular focus on emerging technologies and supports UK-based businesses, research organizations, and universities. Programs are designed to drive economic growth through innovation and technology commercialization.

Industrial Partnership

Industrial Partnership provides €2-10 million in funding for industrial research and innovation partnerships focusing on manufacturing, industrial technologies, and digital transformation. The program supports industrial consortia and research organizations in developing collaborative solutions for industrial challenges. Projects aim to strengthen European industrial competitiveness through strategic partnerships.

Eurostars

Eurostars is a joint EU-Eureka program offering €50K-€500K for international R&D collaboration specifically led by SMEs. The program takes a bottom-up approach, accepting projects from all technology fields without predefined thematic restrictions. R&D-performing SMEs must lead the consortium and demonstrate significant R&D activities.

LIFE Programme

The LIFE Programme provides €1-10 million in funding for environmental protection, climate action, and nature conservation projects across the European Union. The program supports environmental technologies, climate adaptation strategies, and biodiversity conservation initiatives. Applicants include public authorities, private companies, NGOs, and research institutions working on environmental and climate challenges.

Neotec

Neotec is a Spanish program offering €250K-€1M in funding for technology-based business creation and development, supporting the growth of innovative Spanish SMEs and start-ups. The program covers all technology sectors and aims to strengthen Spain's technology ecosystem. Funding is specifically targeted at Spanish technology-based SMEs and start-ups to enhance their competitiveness and market presence.

Thematic Priorities

EU Thematic Priorities encompass various programs aligned with EU strategic priorities including green transition, digital transformation, health, and security initiatives. Funding amounts vary based on the specific program and call requirements, with projects designed to address key European challenges. Applicant eligibility varies by specific program and call, with different requirements for different thematic areas.
EIC AcceleratorBeneficiary Deep Dive#Quantum Transistors#quantum computing#diamond#photonics#deep tech#Israel
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