The US Department of Commerce’s Economic Development Administration (EDA) has named Colorado a US Tech Hub for quantum technology. The Elevate Quantum consortium, of which Quantinuum is a founding member, will receive a grant to develop the quantum ecosystem in Colorado. This includes a new accelerator, funding for start-ups, and workforce development. Quantinuum, formed in 2021 by Honeywell Quantum Solutions and Cambridge Quantum, is the world’s largest standalone quantum computing company. It continues to work with local universities and federal research facilities to advance quantum technologies. CEO Rajeeb Hazra expressed excitement about the expanding ecosystem in Colorado.
Colorado Named U.S. Quantum Tech Hub
The Economic Development Administration (EDA), a division of the U.S. Department of Commerce, has officially designated Colorado as a U.S. Tech Hub for quantum technology. This recognition comes with a grant for the Elevate Quantum consortium, which will be used to further develop the quantum ecosystem in Colorado. The funding will support the creation of a new accelerator with a multi-modal, open access quantum laboratory, as well as provide resources for start-up growth and technology transfer to the private sector. Additionally, the grant will facilitate loan guarantees and strategic guidance, with workforce development forming a key part of the development process.
Quantinuum’s Role in Colorado’s Quantum Ecosystem
Quantinuum, a quantum computing company, has a significant presence in Colorado. The company was established in 2021 as a merger of Honeywell Quantum Solutions, based in Broomfield, Colorado, and Cambridge Quantum, based in Cambridge, UK. Honeywell Quantum Solutions was one of the first quantum companies in the region, having set up in Broomfield in 2016.
As a major player in the quantum computing industry, Quantinuum plays a crucial role in the rapidly evolving commercial quantum computing ecosystem in Colorado. The company is also a founding member of the Elevate Quantum consortium. In October 2020, Quantinuum announced the availability of its H Series quantum computer to customers.
Quantum Workforce Development and Partnerships
Quantinuum is actively involved in workforce development in the region, collaborating with local universities to develop quantum-related curriculum and raise awareness about career opportunities in quantum computing. The company also offers internships and works with Colorado high school STEM programs to foster early interest in quantum computing.
The company also benefits from the region’s educated workforce and partnership opportunities with quantum-related programs at the University of Colorado Boulder and the University of Denver. Additionally, it collaborates with Colorado-based federal research facilities under the National Institutes of and Technology (NIST), Renewable Energy Lab, and JILA (a joint research institute with the University of Colorado and NIST).
At Quantinuum, our roots are deep in Colorado and we are gratified to see this development. We are proud to be a founding member of Elevate Quantum and play a leadership role with our advanced quantum technologies in both hardware and software.
Rajeeb Hazra, CEO of Quantinuum
Colorado’s Quantum Ecosystem
Rajeeb Hazra, CEO of Quantinuum, expressed his satisfaction with the development, stating that the company is proud to be a founding member of Elevate Quantum and to play a significant role with its advanced quantum technologies in both hardware and software. He also expressed excitement about the expansion of the ecosystem, which includes companies, universities, and government agencies and laboratories.
Quantinuum is a large integrated standalone quantum computing company, formed by the merger of Honeywell Quantum Solutions’ hardware and Cambridge Quantum’s middleware and applications. The company is focused on accelerating quantum computing and the development of applications across various sectors including chemistry, cybersecurity, finance, and optimisation. It aims to create scalable and commercial quantum solutions to address pressing global issues in areas such as energy, logistics, climate change, and health. The company employs over 480 individuals, including more than 350 scientists and engineers, at eight sites across the United States, Europe, and Japan.
Summary
“We are excited to see the ecosystem expand, including the companies, universities and government agencies and laboratories, who have found that Colorado is THE place to be as advances in quantum technology will begin impacting every aspect of our lives.”
Rajeeb Hazra, CEO of Quantinuum
The Economic Development Administration (EDA) has officially named Colorado as a U.S. Tech Hub in quantum technology, with a grant being awarded to the Elevate Quantum consortium to develop the quantum ecosystem in the state. Quantum computing company, Quantinuum, is playing a key role in this development, leveraging local educational and research partnerships to advance quantum technologies and foster workforce development.
- The Economic Development Administration (EDA), a part of the U.S. Department of Commerce, has officially named Colorado as a U.S. Tech Hub in quantum technology.
- The Elevate Quantum consortium, of which Quantinuum is a founding member, will receive a grant to further develop the quantum ecosystem in Colorado. This includes a new accelerator, funding for start-ups, technology transfer to the private sector, and workforce development.
- Quantinuum, formed in 2021 from a merger of Honeywell Quantum Solutions and Cambridge Quantum, is a key player in Colorado’s quantum computing ecosystem.
- The company first announced its H Series quantum computer in October 2020 and continues to work closely with local universities and federal research facilities.
- CEO of Quantinuum, Rajeeb Hazra, expressed his excitement about the expanding quantum ecosystem in Colorado, highlighting the potential impact of quantum technology on various aspects of life.
- Quantinuum, the world’s largest standalone quantum computing company, employs over 480 individuals and operates in the United States, Europe, and Japan.