Quantinuum secures up to $100M to manufacture trapped-ion hardware in the US
The federal award brings GlobalFoundries and Monarch Quantum into CEO Raj Hazra's push to industrialize Quantinuum's QCCD architecture.
By RuntimeWire Staff · Published
Primary source: PR Newswire
Why it matters
The award pulls US foundry and photonics capacity into Quantinuum's trapped-ion roadmap, shifting part of the manufacturing risk from shareholders to a milestone-based government program.
Quantinuum, led by Dr. Rajeeb "Raj" Hazra (@rajeeb_hazra), finalized an award of up to $100 million from the US Department of Commerce to develop and manufacture trapped-ion quantum computing components in the United States, according to a September 8th announcement.…
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