CHIPS Incentive would advance quantum computing technologies critical to U.S. economic competitiveness and national security

Summary

  • Advances domestic quantum manufacturing, supply chain and workforce capabilities needed to support the next generation of computing technologies
  • Supports a milestone-based program designed to accelerate Infleqtion's neutral-atom technology roadmap across quantum hardware, photonics and full-stack system development, while further supporting the company's long-term government and national security initiatives
  • Infleqtion's quantum technologies are already supporting operational programs across national security, energy and scientific research, including DARPA, the U.S. Department of Energy, NASA and the U.S. Department of War
  • The company has an ongoing collaboration with NVIDIA that includes demonstrating the industry's first logical-qubit-powered materials science application using Infleqtion's Sqale neutral-atom quantum computer 

Infleqtion (NYSE:INFQ), a global leader in quantum computing and quantum sensing powered by neutral-atom technology, announced it signed a Letter of Intent (LOI) with the U.S. Department of Commerce's CHIPS Research and Development Office for $100 million in proposed funding contingent on achievement of certain development milestones to accelerate U.S. based quantum computing technologies. The investment will accelerate Infleqtion's development of neutral-atom quantum systems as the United States expands domestic computing capabilities critical to economic competitiveness and national security.