PsiQuantum Lands $100 Million To Build Quantum Parts In The US
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The quantum computer developer PsiQuantum signed a final agreement with the U.S. Department of Commerce for $100 million. Grant approved under federal law CHIPS and Science Act. Investments will go to research and launch local production of key hardware components...
PsiQuantum Executes Definitive $100 Million CHIPS Act Award with U.S. Department of Commerce
PsiQuantum has finalized a $100 million CHIPS Act award with the U.S. Department of Commerce to accelerate domestic semiconductor process development and strengthen onshore supply chain security for fault-tolerant quantum computing infrastructure, building on previous investments and partnerships. The funding will support 300mm wafer production of barium titanate and optimize single-photon detectors and packaging lines at its California faciliti…
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