financetom
Technology
financetom
/
Technology
/
Photonic Inc. Accelerates into its Next Phase of Growth
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Photonic Inc. Accelerates into its Next Phase of Growth
Mar 13, 2026 8:26 AM

VANCOUVER, British Columbia, March 13, 2026 (GLOBE NEWSWIRE) -- Photonic Inc., a quantum technology company developing scalable quantum computing and networking solutions, has changed its leadership structure to expand executive capacity and sharpen its commercialization focus.  

Continuing the momentum of the USD$130M first close of the company’s most recent financing round and the appointment of new board members, Don Mattrick, one of the company’s first investors, is now Photonic’s Chief Executive Officer and Paul Terry will take on the role of Chief Product Officer, adding bench strength to Photonic’s business and go-to-market teams, accelerating progress toward market readiness and long-term growth.  

As CEO, Mattrick will focus on driving the company through its next phase – scaling commercial operations as it becomes a market leader. Mattrick, a member of the Order of British Columbia, brings extensive corporate leadership experience and deep industry relationships from serving at the helm of some of technology’s powerhouses.  

As CPO, Terry will lead product strategy and oversee the development and delivery of Photonic’s commercial offering. Terry will draw on his deep knowledge of Photonic’s Entanglement First™ architecture and decades of experience developing game-changing technical products to accelerate the path to market. 

About Photonic 

Photonic Inc. is a leading quantum technology company developing commercial-scale quantum computers and quantum networks to address some of the world’s most pressing challenges in materials science, drug discovery, climate change, and security. The company’s approach unlocks performance at scale through unmatched distributed quantum computing capabilities. Photonic’s high-connectivity Entanglement First™ architecture leverages a unique qubit modality—optically linked silicon spin qubits—to enable powerful computation, efficient error correction, and seamless integration with existing data center and telecom environments. Headquartered in Vancouver, British Columbia, with operations in the United States and United Kingdom, Photonic’s team of 150+ experts is advancing quantum technologies alongside leading investors, partners, and customers worldwide. Learn more at https://www.photonic.com. 

Media Contact:  

Laurie Davis 

+1 804 337 2569 

[email protected] 

Contact Info

Vivian Kelly, Interprose for Photonic Inc.

[email protected]

+1 703-509-5412

Attachments

Paul Terry, Chief Product Officer, Photonic Inc.

Don Mattrick, Chief Executive Officer and Vice Chair, Photonic Inc.

Image: https://www.globenewswire.com/newsroom/ti?nf=OTY3MTczMSM3NDg0NTkyIzUwMDE1MTk4OA==

Image: https://ml.globenewswire.com/media/MGQ0Y2EwYjktNTBmNy00MmZjLTk3OGUtZTY2OTRmNGZjOWYwLTUwMDE1MTk4OC0yMDI2LTAzLTEzLWVu/tiny/Photonic-Inc-.png Image: Primary Logo

Paul Terry, Chief Product Officer, Photonic Inc.

Image: https://ml.globenewswire.com/media/d1301c88-ce58-4f75-a6d3-0ec381f869b9/medium/paul-terry-chief-product-officer-photonic-inc.png

Paul Terry, Chief Product Officer, Photonic Inc.
Don Mattrick, Chief Executive Officer and Vice Chair, Photonic Inc.

Image: https://ml.globenewswire.com/media/5a51dfbe-2f95-48f8-af6d-4fbec89e4f41/medium/don-mattrick-chief-executive-officer-and-vice-chair-photonic.png

Don Mattrick, Chief Executive Officer and Vice Chair, Photonic Inc.

Source: Photonic Inc.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
American Stocks Analysis
American Stocks Analysis
May 9, 2024
Dollar General Corporations stock (DG) returned lower in the intraday levels, after the resistance of $139.80, amid the dominance of the downward correctional trend, while hurt by piercing the upward correctional trend line previously in the short term, with negative pressure from the 50-day SMA, after managing to vent off oversold saturation in the RSI. Therefore we expect more losses...
American Stocks Analysis
American Stocks Analysis
May 9, 2024
Dominos Pizzas stock price (DPZ) fell in the intraday levels while trying to gather positive momentum to rise anew, as the stock tries to vent off overbought saturation in the RS, with negative signals out of them, amid the dominance of the main upward trend in the short term, with positive support from the 50-day SMA. Therefore we expect the...
Peeling Back The Layers: Exploring Jamf Holding Through Analyst Insights
Peeling Back The Layers: Exploring Jamf Holding Through Analyst Insights
May 9, 2024
During the last three months, 10 analysts shared their evaluations of Jamf Holding ( JAMF ) , revealing diverse outlooks from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total...
American Stocks Analysis
American Stocks Analysis
May 9, 2024
Gilead Sciences stock price (GILD) fell in the intraday levels, amid the dominance of the main downward trend in the short term, with negative pressure from the 50-day SMA, with negative signals from the RSI, after reaching overbought levels compared to the stocks movements, hinting at negative divergence. Therefore we expect more losses for the stock, targeting the support of...
Copyright 2023-2026 - www.financetom.com All Rights Reserved