Applying a multiphoton-subtraction technique to two-color macroscopic squeezed vacuum state of light generated via high-gain parametric down conversion we conditionally prepare a new state of light: bright multi-mode low-noise twin beams. The obtained results demonstrate up to 8-fold suppression of noise in each beam while preserving and even moderately improving the nonclassical photon number correlations between the beams. The prepared low-noise macroscopic state, containing up to 2000 photons per mode, is not among the states achievable through nonlinear optical processes. The proposed technique substantially improves the usefulness of twin beams for quantum technologies.
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