The U.S. Department of Commerce has announced the signing of nine letters of intent to provide $2.013 billion in federal incentives that will support a portfolio of American quantum companies. These incentives support two domestic quantum foundry companies and seven quantum computing companies. This action is designed to strengthen the country’s lead in this frontier technology.
Department of Commerce Announces Letters of Intent With 9 Companies for $2 Billion to Accelerate U.S. Leadership in Quantum Computing
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