Department of Commerce Announces Letters of Intent With 9 Companies for $2 Billion to Accelerate U.S. Leadership in Quantum Computing | NIST

The U.S. Department of Commerce and NIST are providing $2 billion in funding to nine companies, including IBM and GlobalFoundries, to build domestic quantum manufacturing infrastructure. This initiative, part of the CHIPS and Science Act, is currently in the selection phase to support utility-scale quantum computers. The government will take a minority equity stake in recipient firms to ensure a return on investment.

The funding targets various hardware technologies, such as superconducting and neutral atom systems, to solve engineering challenges like error rates and device consistency. While this program does not announce a specific technical protocol, it establishes the domestic capacity required for future standardization in quantum computing. Success here is critical for national security and advanced research in medicine and energy.

Proposals for further research and prototyping remain open through NIST’s CHIPS R&D Office. The long-term goal is to create a robust supply chain that supports fault-tolerant quantum systems, though full commercial implementation depends on the success of these ongoing projects.

Source: https://www.nist.gov/news-events/news/2026/05/department-commerce-announces-letters-intent-9-companies-2-billion

Keywords: fault-tolerant quantum computers, quantum foundries, device reproducibility

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