Cookie Consent by Free Privacy Policy Generator
Search
Close this search box.

Federal Funding Boosts GlobalFoundaries, PsiQuantum Partnership

Traveling United States Capitol Building often called the Capitol Building home of USA Congress
Traveling United States Capitol Building often called the Capitol Building home of USA Congress
A $25 million boost in federal funding is intended to spur a new phase in the partnership between GlobalFoundries & PsiQuantum. (Image: Envato)

PRESS RELEASE — A $25 million boost in federal funding is intended to spur a new phase in the partnership between GlobalFoundries & PsiQuantum, according to a statement from U.S. Senate Majority Leader Charles E. Schumer.

This funding, secured as a part of the recently passed Fiscal Year 2022 spending package, will expand research and development spearheaded out of the Air Force Research Laboratory in Rome, New York (Rome Lab), to manufacture and test photonic quantum computing technology. The senator said that this funding will create jobs, help attract and retain top scientific talent to Upstate New York, and will make critical progress to compete with China to develop a first of its kind quantum super computer.

“The next frontier of quantum computing technology is being developed right here in Upstate New York. I am proud to deliver this $25 million in federal funding for this expanded partnership between GlobalFoundries and PsiQuantum to bolster the cutting edge research being done out of the Rome Lab, create new jobs, and secure America’s future as the leader of cutting edge technology,” said Senator Schumer. “Now more than ever federal funding is needed to ensure that the U.S. stays ahead of our international competitors – including China – in the race to develop the next generation of high tech and this will supercharge our researchers to continue to make groundbreaking discoveries in quantum computing.” 

“Senator Schumer’s leadership in securing this funding is truly visionary,” said Jeremy O’Brien, CEO and co-founder of PsiQuantum. “This is a great step forward for quantum computing, which will enable important breakthroughs in climate, healthcare, finance, energy, agriculture, transportation, communications, and beyond. We’re proud to work with the Air Force Research Laboratory and our strategic partner GlobalFoundries to make critical investments to help move this vital technology forward.”

“This funding is a significant step toward the further advancement of our technology-leading silicon photonics platform, a foundational technology that’s required to deliver quantum computing that enables a higher level of cryptography and encryption that are so critical to our national security,” said GlobalFoundries CEO Tom Caulfield. “For years to come, this partnership will create hundreds of engineering and manufacturing jobs in our most advanced manufacturing facility in upstate New York. And as the only U.S.-headquartered semiconductor foundry, this announcement shows GF’s continued commitment to invest in U.S. manufacturing and technology.” 

GlobalFoundries and PsiQuantum partnership aims to use expertise in semiconductor chip manufacturing to make significant advancements in accelerating quantum computing technology. In May 2021, PsiQuantum and GlobalFoundries revealed a quantum computing manufacturing breakthrough: the first single photon detector in a silicon chip. This means that the element necessary to “see” the qubits, the essential building block of quantum computing, can be integrated into a chip where the companies can then scale up those chips to be able to process useful computations. The achievement validates the companies’ shared bet that they can lean on the 50-plus year history of semiconductor chip advancements and then seek quantum scale.

The $25 million in recently secured funding will help fund specific investments that are being made at GlobalFoundries, including new fab integration and tooling to be installed at GlobalFoundries that are required to develop and build components for PsiQuantum’s photonic quantum computer. The funding will enable the partnership between PsiQuantum and GlobalFoundries to develop and manufacture the core components of the world’s first utility-scale quantum computer.

Last year, following the senator’s direct advocacy Rome Lab was designated as the Quantum Information Science Research Center for the U.S. Air Force and U.S. Space Force. This laid the foundation for the funding this year and for $10 million announced earlier this year for the “Quantum Computing Test Bed” at the Innovare Advancement Center, which aims to be a global catalyst to converge world-class talent in areas including artificial intelligence, cybersecurity, and quantum, to tackle the country’s greatest challenges to national security and economic competitiveness.

Earlier this year Schumer announced over $293 million in federal funding for the Rome Lab as a part of the FY22 omnibus legislation.  Rome Lab is also a source of growth for the regional economy and a major source of employment. According to the U.S. Air Force’s 2020 economic impact analysis, Rome Lab employed over 1,200 workers with an annual payroll of $150 million and generated over $500 million in regional economic activity. Because of Rome Lab’s strong commitment to excellence in developing and enhancing this nation’s cybersecurity infrastructure, as well as its commitment to employing local residents with good-paying jobs, Schumer has long fought to ensure Rome Lab has what it needs to succeed and maintain its strong workforce. Since 2018, the senator has directly secured over $80M for Rome Lab’s for quantum computing efforts and over $20 million for UAS research and development.

The Future of Materials Discovery: Reducing R&D Costs significantly with GenMat’s AI and Machine Learning Tools

When: July 13, 2023 at 11:30am

What: GenMat Webinar

Picture of Jake Vikoren

Jake Vikoren

Company Speaker

Picture of Deep Prasad

Deep Prasad

Company Speaker

Picture of Araceli Venegas

Araceli Venegas

Company Speaker

Matt Swayne

With a several-decades long background in journalism and communications, Matt Swayne has worked as a science communicator for an R1 university for more than 12 years, specializing in translating high tech and deep tech for the general audience. He has served as a writer, editor and analyst at The Quantum Insider since its inception. In addition to his service as a science communicator, Matt also develops courses to improve the media and communications skills of scientists and has taught courses. [email protected]

Share this article:

Relevant

The Future of Materials Discovery: Reducing R&D Costs significantly with GenMat’s AI and Machine Learning Tools

When: July 13, 2023 at 11:30am

What: GenMat Webinar

Picture of Jake Vikoren

Jake Vikoren

Company Speaker

Picture of Deep Prasad

Deep Prasad

Company Speaker

Picture of Araceli Venegas

Araceli Venegas

Company Speaker

Keep track of everything going on in the Quantum Technology Market.

In one place.

Join Our Newsletter