Jun. 21 at 11:22 PM
$QBTX $100 million is a big number.
The listed firm alone will receive will receive
$100 million to help develop the underlying engineering systems and integration requirements for large-scale neutral-atom-based quantum computers and architectures, including high-powered optical systems, novel readout, and error correction systems.
"Quantum computing is emerging as a foundational technology for economic competitiveness, technological leadership, and national security. This investment reflects the transformative potential of quantum innovation, and we're honored to work with the Department of Commerce to accelerate US leadership in quantum computing," Infleqtion Inc. (NYSE:INFQ) CEO Matt Kinsella said.