All Things Quantum-Si (2025)

01/05/2024

Quantum-Si Incorporated (Nasdaq: QSI) ("Quantum-Si," "QSI" or the "Company"), The Protein Sequencing Company™, today announced upgrades to its Platinum® Analysis Software to reduce processing time and increase output and precision of Next-Generation Protein Sequencing™ (NGPS) data from the Platinum® instrument.

"A core component of our Platinum Analysis Software is a database of predicted kinetic signatures that today, contains nearly two million parameters and is generated by our proprietary kinetic model," said John Vieceli, Senior Vice President of Product Development at Quantum-Si. "Leveraging artificial intelligence and generated sequencing data, we are able to continuously train our model and improve the accuracy of the database, resulting in higher data output and precision."

Innovations in this release of the Platinum Analysis Software will provide customers with an average of:

55% increase in the number of peptide alignments of protein samples
9% increase in the precision of identifying unknown proteins present in a given sample
70% reduction in primary analysis time from 85 minutes to 25 minutes
"Innovations to our Platinum Analysis Software represent a significant opportunity to unlock even deeper insights from our Next-Generation Protein Sequencing technology further building upon the improvements we continue to deliver to the sequencing chemistry," said Jeff Hawkins, President and CEO of Quantum-Si. "The Platinum Analysis Software enhancements we are launching today represent another significant leap forward in our commitment to continuously provide customers with innovations that deliver tangible value to their proteomics research."

BRANFORD, Conn., April 30, 2024--Quantum-Si Incorporated (Nasdaq: QSI) ("Quantum-Si," "QSI" or the "Company"), The Protein Sequencing Company™, today announced upgrades to its Platinum® Analysis Software to reduce processing time and increase output and precision of Next-Generation Protein Sequen...

22/03/2024

Quantum-Si Incorporated (Nasdaq: QSI) ("Quantum-Si," "QSI" or the "Company"), The Protein Sequencing CompanyTM, today announced the appointment of Paula Dowdy, a senior executive with more than 35 years of experience across life sciences, enterprise software, and technology industries, to its Board of Directors.

Ms. Dowdy currently serves on the Board of Directors for SPT Labtech, a world leading lab automation tools company based in the UK and is an advisor at EQT Life Sciences, one of Europe’s leading investors targeting innovative life sciences and healthcare. Previously, she was the SVP and General Manager of Europe, Middle East and Africa (EMEA) at Illumina where she led the region through a period of significant growth. Prior to Illumina, Ms. Dowdy spent over 20 years at Cisco Systems, Inc., and held various positions in products, services, and software in the United States, and globally.

"We are thrilled to welcome Paula to our Board of Directors," said Jeff Hawkins, President and Chief Executive Officer of Quantum-Si. "At Illumina, Paula helped the company more than double the EMEA business and in doing so, developed a depth of experience in each of the key markets, customers and regional distribution networks, all of which will help us to successfully build the EMEA region for Quantum-Si. Her proven track record of driving growth and innovation in the fields of genomics and technology aligns perfectly with our mission to revolutionize protein sequencing and ultimately, improve human health."

Throughout her career, Ms. Dowdy has demonstrated a commitment to supporting companies as they scale and helping them achieve record revenue growth. Her expertise in commercial strategy, market development, and global operations will be instrumental as Quantum-Si continues to expand its reach and impact in proteomics.

"I am honored to join the Quantum-Si Board of Directors during this pivotal moment in the Company’s journey," said Ms. Dowdy. "I believe Quantum-Si’s groundbreaking technology has the potential to transform how we understand the importance of protein sequencing and its potential to unleash the power of proteomics to treat complex diseases. I look forward to contributing to the Company’s continued success."

Ms. Dowdy earned an MBA from Pepperdine University and a Bachelor of Arts degree from the University of California, Berkeley. Her appointment to the Quantum-Si Board of Directors is effective as of today.

BRANFORD, Conn., March 21, 2024--Quantum-Si Incorporated (Nasdaq: QSI) ("Quantum-Si," "QSI" or the "Company"), The Protein Sequencing CompanyTM, today announced the appointment of Paula Dowdy, a senior executive with more than 35 years of experience across life sciences, enterprise software, and tec...

07/03/2024

Quantum-Si Incorporated (NASDAQ: QSI):

WHAT: The Protein Sequencing Company™, Quantum-Si Incorporated, will showcase its Next-Generation Protein Sequencing™ instrument, Platinum®, and recent enhancements at the 20th Anniversary US HUPO Conference in Portland, Oregon on March 9-13. Additionally, researchers will present data from Platinum and highlight how protein sequencing on the benchtop instrument is providing deeper insights into proteins through streamlined workflows.

WHY: Quantum-Si brings the groundbreaking power of single-molecule proteomics with the first-to-market Next-Generation Protein Sequencer™, the Platinum instrument, to every lab, everywhere.

WHO AND WHEN:

Justyna Fert-Bober, Ph.D., Assistant Professor, Dept of Cardiology, Smidt Heart Institute, Cedars Sinai and Kenneth Skinner, Ph.D., Quantum-Si Staff Scientist, present the Breakfast Seminar: Joining Forces: Next-Generation Protein Sequencing™ and Mass Spectrometry to Power PTM Analysis

Get the latest updates on applications and workflows and discover the power of using Kinetic Signatures to sequence proteins and detect changes in the proteome, including PTM analysis.

Wednesday, March 13 | 7:15-8:15a.m. PT

Dr. Fert-Bober, Ph.D. will also participate in the panel discussion, Post-Translational Modifications to Proteoforms

Learn how the Fert-Bober lab at Cedars Sinai distinguished citrullinated arginine from non-citrullinated arginine using Quantum-Si’s Platinum.

Tuesday, March 12 | Parallel Session 7

Poster Presentations:

Kendrick Nguyen, Ph.D., Quantum-Si Product Application Specialist presents: Quantum-Si’s Next-Generation Protein Sequencer™ Enables Protein Detection and Peptide Characterization

Poster Number: P01.13

Monday, March 11 | 1:30-3:00p.m. PT

Edgar Manriquez-Sandoval of Johns Hopkins University presents: Enzymatic Addition of C-Terminal Azides to Polypeptides for Single-Molecule Sequencing

Poster Number: P515

Monday, March 11 | 1:30-3:00pm PT

Additionally, Quantum-Si will showcase Platinum’s groundbreaking technology at Booth #315 during US HUPO exhibition hours on March 10, 11, and 12.

WHERE: The 2024 US HUPO Conference is being held at the Hyatt Regency Portland, 375 NE Holladay St, Portland, OR 97232

BRANFORD, Conn., March 07, 2024--Quantum-Si Incorporated (NASDAQ: QSI):

01/03/2024

"We made great progress in the fourth quarter of 2023 and are seeing the early results of that work now, including the launch of our version 2 sequencing kit in early February 2024, significant progress on scaling up our commercial resources, and the addition of our third distributor to our international network", said Jeff Hawkins, President and Chief Executive Officer of Quantum-Si. "We are pleased with our ability to launch the version 2 sequencing kit well within the previously provided timeline. We are excited about the acceleration we are seeing in our R&D pipeline and believe we are in a strong position to deliver a steady cadence of product enhancements and new capabilities to the market in 2024 and beyond. A version 3 of our sequencing kit is under development now and we expect to deliver it to the market by the end of Q3 2024. We are also making solid progress across library prep and instrument development programs that we believe will fuel the future growth of the Company for years to come."

BRANFORD, Conn., February 29, 2024--Quantum-Si Incorporated (Nasdaq: QSI) ("Quantum-Si," "QSI" or the "Company"), The Protein Sequencing CompanyTM, today announced financial results for the fourth quarter and full year ended December 31, 2023.

28/02/2024

Quantum-Si Incorporated (NASDAQ: QSI):

WHAT: Esteemed scientist Christopher Mason, Ph.D., of Weill Cornell Medicine, is set to discuss his Two Frontiers Project during an exclusive webinar hosted by GenomeWeb. Dr. Mason will also reveal his plans for using Quantum-Si’s benchtop protein sequencer, Platinum® to expand his multiomic research on extremophiles and what is needed for human survival in extreme environments.

WHY: Dr. Mason recently remarked, "To better understand disease and health, we must not only look at nucleic acids, but also other molecules and pivotal proteins. In recent years, the field of proteomics has surged forward. We are now experiencing a remarkable acceleration with advancements in protein sequencing, revealing new biology and post-translational modifications."

WHO: The webinar will feature:

Christopher Mason, Ph.D., Professor of Genomics, Physiology, and Biophysics at Weill Cornell Medicine

Kenneth Skinner, Ph.D., Staff Scientist, Quantum-Si

WHEN: The webinar, titled "Characterizing Far-Flung Extremophiles with Next-Generation Protein Sequencing™," will take place on Wednesday, February 28, at 11:00 a.m. ET.

WHERE: Hosted online by GenomeWeb. Reserve your spot today: https://event.on24.com/wcc/r/4461798/062AF09F1284EB44601D82D2A32B9869?partnerref=QSI

February 27, 2024--Quantum-Si Incorporated (NASDAQ: QSI):

06/02/2024

Quantum-Si Incorporated (Nasdaq: QSI) ("Quantum-Si," "QSI" or the "Company"), The Protein Sequencing Company™, today announced the launch of new platform enhancements for Platinum®, with the release of its new V2 Sequencing Kits. Combined with its first-to-market, next-generation protein sequencer™, these enhancements enable:

Increased sequencing performance with assay improvements, including the addition of a new amino acid recognizer;

Ability to identify unknown proteins with advanced analytical and inference tools;

High reproducibility across runs; and

Approximately a 3-fold reduction in cost per amino acid.

BRANFORD, Conn., February 05, 2024--Quantum-Si Incorporated (Nasdaq: QSI) ("Quantum-Si," "QSI" or the "Company"), The Protein Sequencing Company™, today announced the launch of new platform enhancements for Platinum®, with the release of its new V2 Sequencing Kits. Combined with its first-to-mark...

18/01/2024

Quantum-Si Incorporated (Nasdaq: QSI) ("Quantum-Si," "QSI" or the "Company"), The Protein Sequencing Company™, today announced that it has entered into an agreement with a new distributor who will make the company’s protein sequencing instrument, Platinum® available for the first time in Japan.

TOMY Digital Biology Co., Ltd., a renowned importer and distributor with a rich history dating back to the 1950s, will distribute Quantum-Si’s next-generation protein sequencer™ and associated consumables throughout Japan. "Working with Quantum-Si marks a pivotal moment for TOMY Digital Biology, aligning with our commitment to advancing life sciences. We’re poised to empower Japanese researchers with cutting edge technology, fostering unparalleled discoveries," said Kenjiro Tominaga, Owner, President and CEO of TOMY Digital Biology.

TOMY Digital Biology’s commitment to delivering cutting-edge solutions and its alignment with Quantum-Si's vision for scientific innovation make this a significant step forward in providing researchers in Japan access to state-of-the-art technology for next-generation protein sequencing™.

Jeff Hawkins, CEO of Quantum-Si, expressed his enthusiasm about this move, stating: "We are thrilled to work with TOMY Digital Biology to introduce Platinum, our revolutionary protein sequencing instrument, to the vibrant scientific community in Japan. We believe that through TOMY's exceptional distribution capabilities and our groundbreaking technology, we will empower researchers in Japan to achieve new milestones in their scientific endeavors."

BRANFORD, Conn., January 18, 2024--Quantum-Si Incorporated (Nasdaq: QSI) ("Quantum-Si," "QSI" or the "Company"), The Protein Sequencing Company™, today announced that it has entered into an agreement with a new distributor who will make the company’s protein sequencing instrument, Platinum® ava...

12/12/2023

Quantum-Si Incorporated (Nasdaq: QSI) ("Quantum-Si," "QSI" or the "Company"), The Protein Sequencing Company™, today announced that it has entered into an agreement with a new international distributor as demand grows for its first-to-market next-generation protein sequencing™ instrument, Platinum™.

3Genes Distribution a.s., a prominent technology provider specializing in life science and diagnostics in Eastern Europe will distribute Quantum-Si’s Platinum across the Czech Republic, Slovakia, and Hungary. Dominik Véle, a board member of 3Genes said, "Through our agreement with Quantum-Si, 3Genes aims to pioneer proteomic innovation in our Eastern European markets, forging a new era in life sciences."

"Expanding our reach through agreements with an industry leader like 3Genes aligns with our mission to revolutionize proteomics," remarked Jeff Hawkins, Chief Executive Officer of Quantum-Si. "We are thrilled to welcome this esteemed distributor to our global network, enabling scientists worldwide to harness the power of Platinum and drive groundbreaking discoveries."

BRANFORD, Conn., December 12, 2023--Quantum-Si expands global reach with addition of new distributor.

15/11/2023

Quantum-Si Incorporated (Nasdaq: QSI) ("Quantum-Si," "QSI" or the "Company"), The Protein Sequencing Company™, today announced that it had entered into an agreement with Elta 90 to distribute Quantum-Si’s groundbreaking Platinum™ instrument and consumables in Southeast Europe as demand grows for the first of its kind next-generation protein sequencing™ platform.

This agreement between Quantum-Si and ELTA 90 holds immense promise for accelerating scientific research by delivering the game changing tool, Platinum, which interrogates proteins with single-molecule amino acid resolution.

"We are thrilled to partner with ELTA 90 in this venture. The synergy between Quantum-Si and ELTA 90 represents a major stride toward expanding the field of proteomics," explained Quantum-Si Chief Executive Officer Jeff Hawkins. "This partnership will make our affordable, benchtop instrument even more accessible, putting Platinum’s unique technology within arm’s reach of scientists in every lab, everywhere."

"ELTA 90 is once again on the threshold of an exciting, new journey. We look forward to working with Quantum-Si to unleash the power of next-generation protein sequencing™ in labs throughout Southeast Europe," expressed Theodor Zamfirov, M.D., Chief Executive Officer of ELTA 90. "Together, we’re poised to redefine the boundaries of science and innovation, creating a brighter future for researchers."

BRANFORD, Conn., November 15, 2023--Quantum-Si Adds Distributor ELTA 90 as Demand for Platinum™ Grows

10/11/2023

Third Quarter 2023 Financial Results

During the third quarter of 2023, the Company continued its controlled commercial launch of its Platinum instrument, recording revenue of $223,000. Gross profit was $108,000 and gross margin was 48%. For the nine months ended September 30, 2023, the Company recorded revenue of $682,000, gross profit of $310,000, and gross margin of 45%. The periodic gross margin rate is expected to be variable in the near term as the Company works through the initial stages of commercialization as well as the timing and mix of product sales between instruments and consumable kits.

Total operating expenses were $27.3 million in the third quarter of 2023, compared to $27.7 million for the same period in the prior year, and $83.6 million for the nine months ended September 30, 2023, compared to $85.0 million for the same period in the prior year. Adjusted total operating expenses were $23.9 million in the third quarter of 2023, compared to $23.6 million for the same period in the prior year, and adjusted total operating expenses for the nine months ended September 30, 2023, was $72.6 million compared to $77.9 million for the same period in the prior year.

Net loss was $24.7 million in the third quarter of 2023, compared to a net loss of $31.7 million in the same period of the prior year, and a net loss of $73.9 million for the nine months ended September 30, 2023, compared to a net loss of $99.3 million for the same period in the prior year. Adjusted EBITDA was negative $22.6 million in the third quarter of 2023, compared to negative $22.9 million in the same period of the prior year, and negative $69.2 million for the nine months ended September 30, 2023, compared to negative $76.1 million for the same period in the prior year. A reconciliation of the non-GAAP financial measures adjusted total operating expenses and adjusted EBITDA is provided in a table included in this press release.

As of September 30, 2023, cash and cash equivalents and investments in marketable securities were $274.6 million.

BRANFORD, Conn., November 09, 2023--Quantum-Si Reports Third Quarter 2023 Financial Results

05/10/2023

The protein sequencing company, Quantum-Si, will discuss their novel next-generation protein sequencing platform, PlatinumTM and how it can complement immunoassays and other proteomic workflows by providing deeper insights into proteins. The session will also be joined by Professor of Chemical and Biological Engineering at the Northwestern University, Dr. Danielle Tullman-Ercek. Dr. Tullman-Ercek will illustrate how protein identification on Platinum was utilized in her research to provide additional information about proteins typically studied via conventional western blot and mass spectrometry techniques. She will demonstrate how next-generation protein sequencing provides additional information about proteins, comparing results from conventional techniques to those obtained from next-generation protein sequencing.

October 05, 2023--Quantum-Si Hosts Webinar on Advances in Protein Identification and Characterization

21/09/2023

Quantum-Si Incorporated (Nasdaq: QSI) ("Quantum-Si," "QSI" or the "Company"), The Protein Sequencing Company™, today announced the appointment of Amir Jafri, President and CEO of Immunicom, Inc., to its Board of Directors.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230921747791/en/

BRANFORD, Conn., September 21, 2023--Quantum-Si Appoints Biotech Executive and Entrepreneur, Amir Jafri, to its Board of Directors

All Things Quantum-Si