  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.
