Quantum Computing Report

U.S. Department of War Announces $350 Million Quantum Package, Highlighted by $150 Million OSC Loan Commitment for PsiQuantum

PsiQuantum has secured a conditional loan commitment of up to $150 million from the U.S. Office of Strategic Capital to expand its PsiFactory in Milpitas, California. This funding will support the development of a domestic supply chain for quantum computing and follows other significant investments from DARPA and the U.S. Department of Commerce. PsiQuantum is also developing facilities in Illinois and Australia. The post U.S. Department of War Announces $350 Million Quantum Package, Highlighted

By Quantum Computing Report

1 min read
U.S. Department of War Announces $350 Million Quantum Package, Highlighted by $150 Million OSC Loan Commitment for PsiQuantum
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