Governor Pritzker Announces Global Quantum Computing Pioneer, Pasqal, to Establish U.S. Headquarters in Illinois
CHICAGO – Today, Governor JB Pritzker and the Illinois Department of Commerce and Economic Opportunity (DCEO) announced Pasqal , a global leader in neutral-atom quantum computing, will establish their U.S. headquarters as a future tenant of the Illinois Quantum and Microelectronics Park ( IQMP ) on Chicago’s South Side. With support from the State’s Manufacturing Illinois Chips for Real Opportunity Act ( MICRO ) Program, Pasqal will invest more than $65 million in their first U.S. location and create 50 new full-time jobs. Pasqal’s facility will include a space to house one of the company’s quantum processing units onsite. In addition to the State’s MICRO incentives, Pasqal has secured a $15 million loan from the Illinois Finance Authority/Climate Bank to support their U.S. project. “Pasqal’s decision to establish its U.S. headquarters in Illinois marks another major milestone for Illinois’ quantum ecosystem,” said Governor
stLouIST