Quantinuum Finalizes $100 Million CHIPS R&D Award with U.S. Department of Commerce to Advance Trapped-Ion Quantum Computer Manufacturing in the US
The award will support R&D and domestic partners GlobalFoundries and Monarch Quantum as Quantinuum scales trapped-ion quantum hardware.
- On Tuesday, September 8, 2026, Quantinuum finalized a $100 million federal funding agreement with the U.S. Department of Commerce's CHIPS Research and Development Office, deployed through the CHIPS and Science Act to advance trapped-ion quantum computer manufacturing in America.
- The funding supports research and development to scale fault-tolerant systems and strengthen domestic supply chains, according to Quantinuum President and CEO Dr. Rajeeb Hazra, who said the award validates the company's leadership in trapped-ion quantum computing.
- GlobalFoundries will fabricate next-generation ion traps using 300mm wafer technology, while Monarch Quantum will develop lasers and optical components. GlobalFoundries CEO Tim Breen said the partnership helps create "a path to more scalable, reliable quantum hardware."
- Monarch Quantum CEO Dr. Timothy Day noted the shift toward integrated photonics engines is essential for large-scale systems, aiming to reduce complexity and improve component robustness while strengthening domestic manufacturing capabilities.
- Quantinuum maintains facilities across the United Kingdom, Germany, Japan, Qatar, Singapore, and the United States, supporting its research roadmap with a global workforce of over 800 employees developing its QCCD architecture.
13 Articles
13 Articles
PR Newswire
Quantinuum Finalizes $100 Million CHIPS R&D Award with U.S. Department of Commerce to Advance Trapped-Ion Quantum Computer Manufacturing in the US
/PRNewswire/ -- Quantinuum (Nasdaq: QNT), a leading quantum computing company, today announced it has finalized an agreement with the U.S. Department of...
Quantinuum lands $100m CHIPS award for trapped-ion quantum manufacturing
Quantinuum has finalized a $100 million funding agreement with the US Department of Commerce to support R&D and domestic manufacturing for its trapped-ion quantum computing systems. The award is being made through the CHIPS and Science Act and follows a letter of intent announced in May. The deal is significant for eeNews Europe readers because […] The post Quantinuum lands $100m CHIPS award for trapped-ion quantum manufacturing appeared first o…
Quantinuum Secures $100 Million CHIPS R&D Funding from U.S. Department of Commerce to Advance Ion Trap Quantum Computing Manufacturing Capability in the U.S.
Quantinuum, a leading company in the quantum computing field (NASDAQ: QNT), has finalized an agreement with the U.S. Department of Commerce's CHIPS R&D Office for $100 million in federal funding. The funding, announced in May following the letter of intent, will support the research and development required for deploying large-scale fault-tolerant ion trap quantum computers and enhancing the U.S. quantum semiconductor manufacturing capability. T…
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
