U.S. Gets Minority Stakes in Some Quantum Computing Companies in $300 Million CHIPS Act Funding Deal

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1. 6d ago

   U.S. Takes Stakes in Quantum Firms in $300M CHIPS Deal

   The U.S. government is acquiring minority equity stakes in select quantum computing companies under a $300 million funding package from the CHIPS Act. Multiple firms, including D-Wave Quantum, Rigetti, and PsiQuantum, have finalized definitive agreements with the U.S. Department of Commerce for up to $100 million each. D-Wave plans a share issuance to the Commerce Department as part of the arrangement, while broader quantum sector stocks have climbed following the announcement of the federal cash infusion.

   Why it matters

   The CHIPS Act funding aims to accelerate domestic technology leadership and build quantum computers inside the United States. Federal participation via equity stakes represents a direct government investment model in critical hardware sectors. Market response was immediate, with quantum industry stocks rising on the news of the capital injection.

   What is confirmed

   • The U.S. government is securing minority stakes in quantum computing companies as part of a $300 million CHIPS Act funding deal.
   • D-Wave Quantum finalized a definitive agreement with the U.S. Department of Commerce for up to $100 million and plans a share issuance to the Commerce Department.
   • Rigetti signed a definitive agreement for $100 million with the U.S. government.
   • PsiQuantum finalized a $100 million award with the U.S. Department of Commerce.

   What to watch next

   • Finalization of definitive agreements for remaining quantum funding recipients
   • Further announcements regarding specific equity percentages acquired by the federal government
   Sources used for this update (13)

   1. WSJ — U.S. Gets Minority Stakes in Some Quantum Computing Companies in $300 Million CHIPS Act Funding Deal
   2. Business Wire — D-Wave Quantum Finalizes Definitive Agreement with U.S. Department of Commerce for up to $100 Million to Accelerate U.S. Leadership in Quantum Computing
   3. TradingView — D-Wave Quantum Wins Up to $100 Million CHIPS Award, Plans Share Issuance to Commerce Dept.
   4. globenewswire.com — Rigetti Signs Definitive Agreement for $100M with U.S.
   5. The Business Journals — Broomfield tech co. to get $100 million from feds
   6. Barron's — Rigetti and D-Wave Finalize $100M CHIPS Act Deals as Government Takes Equity
   7. Investopedia — These 3 Quantum Stocks Are on the Rise as the US Government Takes Minority Stakes
   8. HPCwire — PsiQuantum Finalizes $100M Award with the US Department of Commerce
   9. Quantum Zeitgeist — Quantinuum Gets $100 Million To Build Quantum Computers In The US
   10. Barchart.com — Quantum Stocks Are Climbing Today as CHIPS Act Cash Pours In. Here’s One Way to Invest.
   11. qz.com — D-Wave, Rigetti, Quantinuum land $100M each in CHIPS Act funding
   12. The Motley Fool — Why D-Wave Quantum Stock Popped Today
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