PsiQuantum has secured a conditional loan commitment of up to $150 million from the U.S. Office of Strategic Capital to expand its PsiFactory in Milpitas, California. This funding will support the development of a domestic supply chain for quantum computing and follows other significant investments from DARPA and the U.S. Department of Commerce. PsiQuantum is also developing facilities in Illinois and Australia.
The post PsiQuantum Secures Conditional $150 Million Loan Commitment from U.S. Office of Strategic Capital appeared first on Quantum Computing Report .