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Boca Raton City Council approved a resolution for a $500,000 incentive package to attract a California-based quantum computing firm, code-named 'Project Vernon.' The firm is considering multiple offers from other states, including Florida, which has proposed an additional incentive package exceeding $6.5 million.

If chosen, the company would relocate its headquarters and establish R&D at the Boca Raton Innovation Campus, creating at least 100 jobs with an average salary of $125,000 over five years. The city’s incentive is contingent on job creation and salary conditions, with annual verification required. The company's identity remains undisclosed as negotiations continue.