The site, long home to steel manufacturing, is expected to land billions in investment from California-based tech company PsiQuantum, which is working to build the first commercially viable quantum computer.
The U.S. Economic Development Administration has announced the selection of Colorado's Elevate Quantum among 12 tech hubs to receive funds for taking computing to a higher level.
Tens of millions of dollars from state and federal funding to build an ecosystem of quantum technology in Colorado will give students direct access to state-of-the-art labs and experts in the field.
Colorado is closer to becoming the center of the nation’s quantum technology universe with the award of $40.5 million in federal money, which will also leverage $77 million in state commitments.
The university will use a grant from the National Science Foundation to build a fabrication lab that will apply quantum discoveries to manufacture quantum computers, clocks, optical networks and other technologies.
Colorado Gov. Jared Polis signed a new tax credit bill at the University of Colorado Boulder’s JILA Research Institute on Tuesday to further support the quantum industry in the state.
Rensselaer Polytechnic Institute is the first and so far only university in the world to own a quantum computer, another in a string of milestone events as the college celebrates its bicentennial.
Officials on Friday announced the deployment of the first IBM Quantum System One computer on a university campus, at Rensselaer Polytechnic Institute in upstate New York. It’s aimed at driving quantum research and education programming.
While the widespread use of quantum computers across industries for a variety of applications appears to be years away, some universities are beginning to beef up education and research to prepare for the future.
Colleges and universities are increasing investments in new supercomputer infrastructure for both research and classroom applications, especially in physics, astronomical sciences and communications.
