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

T2Covered by 1 source · first reported by The Quantum Insider / Quantum Computing Report at 08 Oct, 17:57 UTC

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…

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Sources

• T2U.S. Department of War Announces $350 Million Quantum Package, Highlighted by $150 Million OSC Loan Commitment for PsiQuantumThe Quantum Insider / Quantum Computing Report08 Oct, 17:57