DARPA Selects Raytheon for PICASSO All-Optical Processing R&D
DARPA awarded Raytheon, an RTX business, a phase one PICASSO contract on November 3, 2026, to develop and demonstrate photonic circuits that process signals using light rather than electricity. Synopsys will provide design and simulation tools, while the announcement leaves contract value, follow-on awards, and future procurement timing unspecified.