Chicago Quantum Exchange partner PsiQuantum joins Illinois Quantum and Microelectronics Park
Palo Alto-based startup PsiQuantum is coming to Chicago to build and operate quantum computers—bringing as many as 150 jobs in the next five years and anchoring a massive quantum campus to be built at the former U.S. Steel South Works plant on Chicago’s South Side, the company announced July 25.
PsiQuantum is aiming to build the first U.S.-based, utility-scale, fault-tolerant quantum computer; it will construct a 300,000-square-foot Quantum Computer Operations Center on the long-empty industrial site near the mouth of the Calumet River. That campus, known as the Illinois Quantum and Microelectronics Park, will also include the multimillion-dollar Illinois-DARPA Quantum Proving Ground that was announced July 16.
PsiQuantum is a corporate partner of the Chicago Quantum Exchange, a hub that connects leading universities, national labs, and industry partners to advance quantum technology and is based at the University of Chicago.