Quantum Machines Establishes Lab at Illinois Quantum and Microelectronics Park in Chicago
QUANTUM COMPUTING
Quantum Machines will establish a lab at the Illinois Quantum and Microelectronics Park (IQMP) in Chicago, contributing to Illinois' goal of becoming a leading quantum technology hub. The state has committed $500 million to attract quantum-focused companies.
Quantum Machines, headquartered in Tel Aviv, has raised $280 million and employs around 300 people globally. The IQMP, a 138-acre site under construction, will feature a cryogenic facility for quantum computing.
Other tenants include PsiQuantum and IBM. Quantum Machines also plans to host the Adaptive Quantum Circuits conference in Chicago in November.

Feb 5, 2026, 1:54 PM