Quantum Machines Establishes Lab at Illinois Quantum and Microelectronics Park in Chicago
Quantum Machines, a quantum software company from Tel Aviv, plans to set up a lab at the Illinois Quantum and Microelectronics Park (IQMP) in Chicago. The company aims to enhance Illinois' position as a leading quantum technology hub, supported by a $500 million state investment. Quantum Machines, which has raised $280 million and employs approximately 300 people globally, joins other tenants including PsiQuantum and IBM. The IQMP is designed to foster quantum research and commercialization, with a focus on scaling quantum technologies.
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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.
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