Diraq Signs $38 Million Letter of Intent Under CHIPS Act to Scale Silicon Spin Technology

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  • Diraq signed a Letter of Intent with the U.S. Department of Commerce for up to $38 million in proposed CHIPS funding to support the scaling and domestic production of silicon-based fault-tolerant quantum processors in the United States.
  • The company said its CMOS-based quantum architecture is designed to leverage existing semiconductor manufacturing processes to enable large-scale quantum systems with potentially millions of qubits on a single chip and physical qubit costs below $1.
  • GlobalFoundries said it is partnering with Diraq on cryo-CMOS quantum capabilities and semiconductor infrastructure as the company expands its U.S. operations, including a planned new site in Los Angeles.

PRESS RELEASE — – Diraq, the quantum computing pioneer, today announced it has signed a Letter of Intent (LOI) with the U.S. Department of Commerce for up to $38 million in proposed federal funding from the CHIPS Research and Development Office. This award would support production and scaling of fault-tolerant silicon quantum computing processors via the U.S. semiconductor industry.

“The Department of Commerce’s incentives strengthen and accelerate U.S. quantum leadership and technological resilience,” said Bill Frauenhofer, Executive Director of Semiconductor Investment and Innovation. “Quantum computing has significant implications for national defense, advanced materials and biopharmaceutical discovery, financial modeling and energy systems.”

“The U.S. Government has played an important role for over 25 years in funding silicon quantum research through entities such as the U.S. Army Research Office and more recently DARPA. The foundational advancements that came from this work underpin Diraq’s technology today,” said Andrew Dzurak, Diraq Founder and CEO. “Silicon-based processors are the most economical and scalable approach to utility-scale quantum computing. By scaling our CMOS qubit technology in the United States, we are defining the industrial standard for the next era of supercomputing and cementing the nation’s role as a global architect of fault-tolerant quantum systems.”

Introducing TQI 2.0Introducing TQI 2.0

Diraq is pioneering the use of silicon-based quantum processors, which have the ability to contain millions of qubits on a single chip, and are fabricated with existing semiconductor manufacturing processes. No other approach offers a more economical or scalable path to quantum infrastructure at industrial scale. This investment will accelerate Diraq’s roadmap to enable an end-to-end quantum supply chain – including cryostats, chips, and packaging – with fully American production.

“This LOI is a powerful signal that the U.S. government recognizes silicon-based quantum processors as a viable architecture to securing domestic computing leadership,” said Dr. William Jeffrey, Chairman of the Board for Diraq and former Director of the National Institute of Standards and Technology (NIST). “Quantum technology is a matter of national competitiveness. Diraq’s approach, built on decades of foundational research, is uniquely positioned to deliver scalable, fault-tolerant quantum systems.”

Diraq’s quantum computers are engineered to achieve utility-scale unit economics by utilizing existing CMOS manufacturing. Shortlisted for Stage B of DARPA’s Quantum Benchmarking Initiative (QBI), Diraq’s system architecture is designed to meet the following industrial specifications:

  • Scalable Cost: Sub-dollar pricing at less than $1 per physical qubit.
  • Infrastructure Ready: Compact, rack-deployable units compatible with existing data center environments.

“As quantum computing enters its industrial phase, the challenge shifts from scientific discovery to engineering and scale, making reliable access to advanced semiconductor infrastructure essential,” said Gregg Bartlett, Chief Technology Officer at GlobalFoundries. “We’re proud to partner with Diraq to advance silicon-based quantum processors, leveraging our cryo-CMOS quantum capabilities and broad technology portfolio under one roof to enable quantum systems at scale within a trusted domestic ecosystem.”

Founded in Sydney, Australia, Diraq has U.S. offices and labs in Palo Alto and Chicago, and will soon open a significant new operation in Los Angeles. The company is growing its team and business in the United States and is actively working with domestic partners to further accelerate the U.S. quantum ecosystem.

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MENTIONED IN THE ARTICLE

Diraq
CompanyAustralia · 11-50 FTEs

Diraq is a full stack quantum company which is building a quantum computer using silicon CMOS-based spin qubits.

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Department of Commerce
GovernmentUnited States · 10001+ FTEs

The U.S. Department of Commerce is a federal executive department responsible for creating the conditions for economic growth and opportunity in the United States. Through its 13 bureaus, it drives U.S. economic competitiveness, strengthens domestic industry, and supports job growth. The Department fosters innovation in emerging technologies, including quantum computing and artificial intelligence, and provides research and development resources through agencies such as NIST and NTIA.

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GlobalFoundries
InvestorUnited States · 10001+ FTEs

GlobalFoundries Inc. is a multinational semiconductor contract manufacturing and design company. It was established through the divestiture of AMD's manufacturing arm and is currently owned by Mubadala Investment Company, a sovereign wealth fund of the United Arab Emirates.

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Defense Advanced Research Projects Agency (DARPA)
GovernmentUnited States · 101-500 FTEs

The Defense Advanced Research Projects Agency (DARPA) is an independent research and development agency within the U.S. Department of Defense (DoD) established in 1958 to prevent and create strategic technological surprises for national security. Operating with a relatively small staff of program managers who are empowered to take high-risk, high-reward approaches, DARPA functions by funding cutting-edge research in academia, industry, and government laboratories rather than conducting research in-house. Its mission focuses on creating revolutionary technologies—such as the Internet (ARPANET), stealth technology, GPS, and mRNA vaccine platforms—that transition into practical military and civilian applications. DARPA programs are typically finite in duration and demand transformational breakthroughs rather than incremental improvements, positioning the U.S. at the forefront of technological innovation.

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National Institute of Standards and Technology
GovernmentUnited States · 1001-5000 FTEs

The National Institute of Standards and Technology is a physical sciences laboratory and non-regulatory agency of the United States Department of Commerce.

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