New Mexico EDD Seeks Proposals To Deploy $25 Million In State Funds Investment In Quantum Technologies

New Mexico EDD Seeks Proposals To Deploy $25 Million In State Funds Investment In Quantum Technologies

EDD News: ALBUQUERQUE — The New Mexico Economic Development Department’s (EDD) Office of Strategy, Science and Technology is seeking proposals to deploy $25 million in state funds to establish and operate a quantum venture studio and a physical space aimed at accelerating quantum technology innovation and commercialization.  “By leading the way in technology and innovation, New Mexico is charting a course toward a prosperous future,” Gov. Michel…

Louisiana’s industrial giants eye emerging quantum computing technology

Quantum computing is moving from a lab theory to an industrial tool—and Louisiana’s heavy industries are paying attention, 10/12 writes.  Though not yet scalable, IBM’s quantum systems are already helping companies like ExxonMobil tackle complex problems such as maritime routing, with implications for energy efficiency, chemical simulation and carbon capture. At Baton Rouge’s TEC Next Conference, IBM leaders emphasized the technology’s promise f…