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Bloch Quantum Tech Hub Secures $55M in Federal and Matching Grants to Build U.S. Quantum Supply Chain - Quantum Computing Report
The U.S. Department of Commerce’s Economic Development Administration (EDA) has selected The Bloch Quantum Tech Hub for a $30 million federal implementation award. Managed by the Chicago Quantum Exchange (CQE), the multi-state consortium spans Illinois, Indiana, and Wisconsin—a region referred to as the “Quantum Prairie”. The federal award has unlocked an additional $25 million in state and private matching funds, bringing the total new capital deployment to $55 million. The initiative is designed to transition the domestic quantum sector from lab-scale prototypes to industrial-scale manufacturing, directly reducing reliance on foreign-sourced hardware components and materials. Mitigating Foreign Supply Chain Dependencies While the [...]
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thequantuminsider.com
CQE-led Bloch Quantum Tech Hub Raises $55 Million
The Bloch Quantum Tech Hub has secured nearly $55 million in combined public and private funding, including a $30 million U.S. EDA grant.
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quantumcomputingreport.com
Bloch Quantum Tech Hub Secures $55M in Federal and Matching Grants to Build U.S. Quantum Supply Chain - Quantum Computing Report
The U.S. Department of Commerce’s Economic Development Administration (EDA) has selected The Bloch Quantum Tech Hub for a $30 million federal implementation award. Managed by the…
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IBM Commits $50M in QPU Compute Access to Support U.S. DOE Genesis Mission - Quantum Computing Report
In alignment with federal initiatives to establish an integrated national research platform, IBM (NYSE: IBM) has announced a $50 million commitment in quantum computing access to…