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Anderon Finalizes $1 Billion Agreement with U.S. Department of Commerce to Enhance Quantum R&D.

Sep 16, 2026•about 3 hours ago

Contract Type

agreement

City Of AlbanyManufacturing

Description

Anderon LLC has finalized a $1 billion award under the CHIPS and Science Act with the U.S. Department of Commerce to accelerate R&D for quantum wafer manufacturing. This funding helps scale Anderon's operations and expands access to advanced quantum technology.

Company Information

Company

Anderon

Location

City Of Albany, New York, United States

About

Anderon LLC is a new standalone IBM company focused on quantum wafer manufacturing. It operates a state-of-the-art 300-millimeter pure-play quantum wafer foundry. The company aims to serve the quantum industry by offering specialized wafers for high-performance applications. Headquartered in Albany, New York, Anderon is backed by significant investment from IBM.

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