$25M Federal Funding for Quantum R&D for GlobalFoundries and PsiQuantum

Federal funding of $25 million has been awarded to semiconductor manufacturer GlobalFoundries and quantum development company PsiQuantum for quantum computing research and development. This funding, secured as a part of the recently passed Fiscal Year 2022 spending package, is intended to expand research conducted by the Air Force Research Laboratory in Rome, New York to manufacture and test photonic quantum computing technology. . .