Leesburg’s Quantum Computing Inc. (NASDAQ: QUBT) said Friday it is planning a new manufacturing and research center to expand its current chip development efforts.
QCI said in an announcement it is “negotiating several offers of federal, state and regional funding incentives” for the project, but did not say what states or localities are in play.
In a statement to the Washington Business Journal, CEO Robert Liscouski said the company has a policy to not mention the states with whom it is engaged “in order to keep the process removed from undue influence or any pressures resulting from such a disclosure.”
“We believe the development of a commercially scalable quantum computing chip represents a massive opportunity, and one that QCI is ready to tackle,” Liscouski said in the company’s initial announcement.
QCI said it is aiming to grab $30 million in funds for its new facility that will be made available through the recently approved CHIPS and Science Act, which aims to expand…
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