NY Creates Secures $1.25M for Princeton-led Quantum Computing Initiative MARQUIS
NY Creates has been awarded $1.25 million by the NSF to support the MARQUIS quantum computing institute led by Princeton, which received a total of $27.9 million. This funding is vital for advancing quantum chip manufacturing, addressing challenges in transitioning theoretical research into commercial applications.
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The National Science Foundation (NSF) has announced a $27.9 million grant to the MARQUIS quantum computing institute, which includes NY Creates, Princeton University, and several other institutions. NY Creates will receive $1.25 million over five years to aid in the development of quantum chips utilizing new materials and techniques.
The institute aims to leverage NY Creates' 300mm chip manufacturing capabilities to enhance quantum computing applications. This funding is part of a broader NSF initiative that has allocated $290 million across eight quantum research institutes, emphasizing the importance of commercial readiness in quantum chip production.
The Capital Region is emerging as a hub for quantum technology, supported by major federal funding and partnerships with industry leaders like IBM, which has developed its first commercially viable quantum chip at Albany NanoTech. The integration of advanced quantum research with commercial manufacturing processes is critical for the U.S. to maintain competitiveness in this field.
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