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SandboxAQ Secures $500 Million CHIPS Act R&D Award to Insulate Semiconductor Supply Chains - Quantum Computing Report
The U.S. Department of Commerce’s CHIPS Research and Development Office has signed a definitive agreement awarding $500 million to AI-and-quantum technology startup SandboxAQ to address acute supply chain vulnerabilities in domestic semiconductor manufacturing. Part of a broader federal push under the Trump administration to reshore high-assurance tech manufacturing, the multi-million-dollar contract tasks the NVIDIA-backed enterprise with inventing and commercializing alternative chemical formulations and advanced materials to bypass foreign chokepoints. In a unique structuring of federal R&D awards, the Department of Commerce will receive a minority, non-voting equity stake in SandboxAQ, alongside future royalty payments derived from formulas licensed out to industrial [...]
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quantumcomputingreport.com
SEEQC Secures Role in CHIPS Act-Funded NORDTECH Quantum Scaling Project - Quantum Computing Report
Digital quantum hardware developer SEEQC, Inc. has announced its participation as a subcontractor in the multi-year Microelectronics Commons Northeast Regional Defense Technology…
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Atom Computing Reaches $300 Million Funding Milestone to Deploy Fault-Tolerant Neutral-Atom Hardware - Quantum Computing Report
