Colorado has been officially designated as a Regional Technology and Innovation Hub (Tech Hub) under the CHIPS and Science Act. The Tech Hub designation specifically focuses on the advancement of the quantum industry, recognizing Colorado as a world leader in quantum science and technology.
Governor Jared Polis expressed his excitement over the Biden administration’s decision, stating that the quantum sector is one of the key industries of the future. He emphasized that Colorado is the best place for tech and innovation due to its high concentration of quantum organizations and jobs.
The Tech Hub designation will have several impacts on the state. Elevate Quantum, a consortium of over 70 quantum research companies, will play a crucial role in moving cutting-edge quantum research from the laboratory to the market. The designation also aims to facilitate a vibrant startup and scale-up ecosystem in the quantum industry, as well as build a diverse and inclusive workforce.
Colorado is home to several leading quantum companies, including Quantinuum, Infleqtion, Maybell, and Atom Computing. Atom Computing alone is investing over $100 million in scaling operations in the state. Additionally, four Colorado scientists have won Nobel Prizes for their quantum research.
The Tech Hub designation allows Colorado to apply for federal funding in the quantum industry. U.S. Senators John Hickenlooper and Michael Bennet commended the designation, highlighting Colorado’s long-standing commitment to research and development in quantum technologies. They believe that the Tech Hub status will ensure that Colorado remains a leader in the field and strengthens American competitiveness in next-generation technologies like quantum computing.
Source: Colorado Office of Economic Development and International Trade (OEDIT)
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2023-10-20 20:47:25
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