War Department's $150M Loan Commitment Backs PsiQuantum's Photonic Quantum Push

The U.S. Department of War's Office of Strategic Capital announced Thursday a conditional loan commitment of up to $150 million to PsiQuantum, to expand the company's advanced manufacturing and prototyping capabilities in the United States. The commitment is part of the Pentagon's $350 million quantum computing initiative. PsiQuantum is pursuing photonic quantum computing, aiming to build the world's first commercially useful fault-tolerant quantum computer. It previously won support under DARPA's Quantum Benchmarking Initiative and signed a $100 million CHIPS-related agreement with the Commerce Department. OSC Director David A. Lorch said the deal executes the president's mandate for U.S. leadership in quantum information science; company executives called fault-tolerant quantum computing a national-security imperative. "Conditional" means no money has moved yet: the company must still clear customary financial, legal, technical and due-diligence steps before the loan can close. (From the Department of War announcement.)
Source: 美国战争部
Published by GSM · USA (original Chinese edition)
Photo: 图:美国国防部总部五角大楼。摄影:David B. Gleason,CC BY-SA 2.0,来源:Wikimedia Commons

