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Quantinuum Finalizes $100 Million CHIPS Act R&D Award to Accelerate Trapped-Ion Manufacturing

Trapped-ion quantum hardware developer Quantinuum (NASDAQ: QNT) has finalized a definitive agreement with the U.S. Department of Commerce’s CHIPS Research and Development Office to receive $100 million in direct federal R&D funding under the CHIPS and Science Act. Following the initial letter of intent announced in May 2026, the finalized award provides capital to strengthen domestic semiconductor manufacturing capabilities, advance integrated optics, and scale fault-tolerant quantum computers built on Quantinuum’s Quantum Charge-Coupled Device (QCCD) architecture.