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On Thu, 21 Nov, 12:07 AM UTC
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Nvidia Partners With Quantum-Si To Advance Single-Molecule Analysis - NVIDIA (NASDAQ:NVDA), Quantum-Si (NASDAQ:QSI)
Avantor to distribute Quantum-Si's next-gen protein sequencing tools across U.S. and Canada, expanding proteomics accessibility. On Wednesday, Quantum-Si Incorporated QSI stock traded over 100% higher after the protein sequencing company announced a collaboration with NVIDIA Corporation NVDA to develop its new proteomics platform, Proteus, and advance Quantum-Si's core technologies of amino acid binders and aminopeptidases using NVIDIA AI and accelerated computing. This collaboration aims to significantly enhance data processing speeds to handle the increased data volume from Proteus. "We are thrilled to collaborate with NVIDIA to make single-molecule proteomics more accessible to researchers," said John Vieceli, Ph.D., chief product officer of Quantum-Si. We have been leveraging AI protein structure prediction tools with NVIDIA BioNeMo, both in the cloud and on-premises to design new and improved biomolecules." Concurrently, Quantum-Si and SkyWaterTechnology will jointly expand their relationship to support the development of Proteus. The expanded collaboration will develop the consumable for Proteus, enabling simultaneous large-factor protein sequencing. Quantum-Si and SkyWater began partnering in 2021 on the first-generation Platinum platform and announced the transition to support production in the second quarter of 2024. SkyWater will continue to supply the consumables for the Platinum Pro product as the two companies expand their engagement to support the commercialization of Proteus. Quantum-Si also partnered with Planet Innovation to develop and manufacture Proteus. Currently, Planet Innovation is the contract manufacturer for Quantum-Si's Platinum Pro instrument, which will debut in the first half of 2025. On Wednesday, Quantum-Si announced a distribution agreement with Avantor Inc AVTR. Through this collaboration, Avantor will distribute Quantum-Si's Next-Generation Protein Sequencing (NGPS) portfolio to researchers across all market segments in the U.S. and Canada. The distribution agreement enables Avantor to offer Quantum-Si's protein sequencing technology to a broad range of laboratories focused on proteomics. Quantum-Si's platform leverages single-molecule sequencing technology, with applications across protein and biomarker identification, antibody characterization, protein barcoding, and post-translational modification analysis to deliver insights into protein structure and function. Price Action: QSI stock is up 119% at $1.39 during the premarket session at last check Wednesday. Read Next: Exxon Mobil's Lithium Leap: 100,000 Metric Tons To Fuel LG Chem's US Plant Photo: Gorodenkoff/Shutterstock.com Market News and Data brought to you by Benzinga APIs
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Quantum-Si to Develop Acceleration Platform and Advance Core Technologies in Collaboration with Nvidia
Quantum-Si Incorporated announced a collaboration with NVIDIA to develop its new proteomics platform, Proteus?, and advance Quantum-Si?s core technologies of amino acid binders and aminopeptidases using NVIDIA AI and accelerated computing. This collaboration aims to significantly enhance data processing speeds to handle the increased data volume from Proteus. By leveraging NVIDIA accelerated computing and Quantum-Si?s advanced single-molecule protein sequencing and detection technologies, the collaboration aims to develop a robust data processing system. This system will keep pace with Quantum-Si?s rapidly evolving technology advancements, generating single-molecule protein insights to deepen understanding of the proteome and develop innovative solutions through research, drug discovery, and healthcare AI.
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Quantum-Si collaborates with NVIDIA to develop Proteus, a new proteomics platform, leveraging AI and accelerated computing to enhance single-molecule protein sequencing and analysis.
Quantum-Si Incorporated (NASDAQ: QSI) has announced a groundbreaking collaboration with NVIDIA Corporation (NASDAQ: NVDA) to develop Proteus, a cutting-edge proteomics platform 1. This partnership aims to leverage NVIDIA's AI and accelerated computing capabilities to advance Quantum-Si's core technologies in amino acid binders and aminopeptidases, potentially transforming the landscape of protein sequencing and analysis 2.
The collaboration's primary focus is to significantly boost data processing speeds to manage the increased data volume generated by Proteus. By combining NVIDIA's accelerated computing with Quantum-Si's advanced single-molecule protein sequencing and detection technologies, the partnership aims to develop a robust data processing system capable of keeping pace with rapidly evolving technological advancements 2.
Dr. John Vieceli, Chief Product Officer of Quantum-Si, expressed enthusiasm about the collaboration, stating, "We are thrilled to collaborate with NVIDIA to make single-molecule proteomics more accessible to researchers. We have been leveraging AI protein structure prediction tools with NVIDIA BioNeMo, both in the cloud and on-premises to design new and improved biomolecules" 1.
In addition to the NVIDIA collaboration, Quantum-Si has announced several strategic partnerships to support the development and commercialization of Proteus:
SkyWater Technology: Quantum-Si is expanding its relationship with SkyWater to develop the consumable for Proteus, enabling simultaneous large-factor protein sequencing 1.
Planet Innovation: This partnership focuses on the development and manufacture of Proteus. Planet Innovation is currently the contract manufacturer for Quantum-Si's Platinum Pro instrument, set to debut in the first half of 2025 1.
Avantor Inc (NYSE: AVTR): A distribution agreement has been established, allowing Avantor to distribute Quantum-Si's Next-Generation Protein Sequencing (NGPS) portfolio to researchers across all market segments in the U.S. and Canada 1.
The announcement of these collaborations, particularly with NVIDIA, has had a significant impact on Quantum-Si's stock performance. On Wednesday, QSI stock traded over 100% higher, reaching $1.39 during the premarket session 1. This surge in stock price reflects investor optimism about the potential of Quantum-Si's technology and its strategic partnerships.
The collaboration between Quantum-Si and NVIDIA is expected to generate single-molecule protein insights that could deepen our understanding of the proteome and lead to innovative solutions in research, drug discovery, and healthcare AI 2. As the field of proteomics continues to evolve, this partnership may play a crucial role in advancing scientific knowledge and developing new therapeutic approaches.
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