US Lawmakers Seek 68% Boost in Military Quantum Funding to $567 Million

GeopoliticsMacro Impact 4
โดย Bloomberg·US·Read original
Summary · why it matters

US lawmakers from both parties are seeking to increase annual military spending on quantum computing by 68% to $567 million as part of defense funding legislation expected to be debated in the House later this year. A similar effort is underway in the Senate, building on Trump administration moves including a May announcement of more than $2 billion in direct federal investments and a June executive order to advance quantum research and protect federal IT systems from quantum-based cyberattacks. The push comes as China has established a $10 billion National Laboratory for Quantum Information Sciences, while Europe and the UK combined have committed nearly three times as much public money as the US, according to industry consultancy QBN. Despite recent breakthroughs, investor skepticism persists, with shares of pure-play quantum firms like D-Wave Quantum Inc., Infleqtion Inc., and Rigetti Computing Inc. falling sharply this year, though IonQ Inc. raised its full-year revenue forecast and recouped most losses after closing its $1.8 billion acquisition of SkyWater Technology Inc. The four pure-play quantum companies slated for Commerce Department grants have doubled their annual lobbying spending to $2.2 million, and the White House in July hosted a quantum tech summit with industry leaders.

Impact on stocks 8

Quantum Computing± Mixed · 6 stocks
IONQ Inc
IONQ
▲ PositiveDemandrelevance

IonQ raised full-year revenue forecast and closed $1.8B acquisition, indicating strong demand.

Rigetti Computing Inc
RGTI
▼ Negativerelevance

Shares fell sharply this year despite quantum funding push, investor skepticism persists.

Infleqtion, Inc.
INFQ
▼ Negativerelevance

Shares fell sharply this year despite quantum funding push, investor skepticism persists.

Semiconductors▲ · 1 stocks
Artificial Intelligence▲ · 1 stocks

Theme Impact 3

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