Salem Radio Network News Wednesday, October 1, 2025

Science

PsiQuantum breaks ground on Chicago quantum site

Carbonatix Pre-Player Loader

Audio By Carbonatix

(Reuters) -U.S. quantum computing startup PsiQuantum said on Tuesday it broke ground for a facility at Chicago’s Illinois Quantum and Microelectronics Park (IQMP), as it capitalizes on a fresh $1 billion funding round.

The facility, located at a former U.S. Steel South Works site, will serve as IQMP’s anchor tenant and launch with the development of PsiQuantum’s largest intermediate-scale quantum test system. 

The system will be evaluated by the Defense Advanced Research Projects Agency under the Quantum Benchmarking Initiative, a sign that government agencies will be closely watching the progress.

PsiQuantum is betting on a photonic approach, using semiconductor manufacturing processes and conventional telecom fiber, a route that offers solutions to some of the technical bottlenecks hindering rivals, the company said.

The Silicon Valley-based company said the new facility, if successful, will house the country’s first million-qubit, fault-tolerant quantum computer.

The site will also eventually host quantum facilities from IBM, Australian firm Diraq and Colorado-based startup Infleqtion.

“From this site, we’ll begin building out this campus as the epicenter of a massive quantum ecosystem,” Illinois Governor JB Pritzker said in streamed remarks at the site on Tuesday.

PsiQuantum earlier this month disclosed a $1 billion funding round with participation from Nvidia’s venture arm, which was one of the largest U.S. investments in quantum technology.    

The latest funding will also support development at a partner site in Australia and further work on its quantum photonic chips, the company said.

(Reporting by Kritika Lamba in Bengaluru; Editing by Shreya Biswas and Leslie Adler)

Previous
Next
The Media Line News
Salem Media, our partners, and affiliates use cookies and similar technologies to enhance your browsing experience, analyze site traffic, personalize site content, and deliver relevant video recommendations. By using this website and continuing to navigate, you consent to our use of such technologies and the sharing of video viewing activity with third-party partners in accordance with the Video Privacy Protection Act and other privacy laws. Privacy Policy
OK
X CLOSE