indie Semiconductor's (INDI) LXM-U Laser Powers Next-Gen Quantum Tech

indie Semiconductor, Inc. (NASDAQ:INDI) is one of the 11 Best Semiconductor Penny Stocks to Buy According to Hedge Funds. On July 14, indie Semiconductor, Inc. (NASDAQ:INDI) reported an important update about its new LXM-U laser technology.

These ultra-low noise LXM-U lasers by indie Semiconductor, Inc. (NASDAQ:INDI) are helping to power the next generation of quantum technologies by delivering frequency stability and integration flexibility.

The LXM-U is the latest in indie Semiconductor, Inc.’s (NASDAQ:INDI) portfolio of narrow-linewidth semiconductor lasers and it is especially good for quantum technologies, like quantum key distribution (QKD) and quantum computing. This technology offers ultra-low-frequency noise, ten times lower than competing technologies, and narrow-linewidth to deliver stability and precision that is necessary for the most demanding quantum applications.

According to the report by indie Semiconductor, Inc. (NASDAQ:INDI), the laser offers long-term stability to maintain locked operation for days, which allows for reliable transmission of cryptographic keys.

A unique feature of the LXM-U laser is that it is easy to package together with other lasers or Photonic Integrated Chips (PICs). This makes it possible for indie Semiconductor, Inc. (NASDAQ:INDI) to work closely with its customers on the design, using the customers’ proprietary technology with its laser to build powerful, efficient light engines.

indie Semiconductor, Inc. (NASDAQ:INDI) is a semiconductor company that is mainly focused on developing and supplying automotive semiconductors, photonics, and software platforms.

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Disclosure: None. This article is originally published at Insider Monkey.