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Quantinuum secures $100M in U.S. federal funding for trapped-ion quantum hardware manufacturing research and 300mm chip development.
PUBLIC · QNTSep 09, 2026•about 3 hours ago
Amount Raised
$100 Million
Round Type
Venture - Series Unknown
Broomfieldcomputer & network security
Investors
Chips And Science ActU.S. Department Of Commerce
Description
Quantinuum has been awarded $100 million in U.S. federal funding through the Department of Commerce's CHIPS Research and Development Office to advance manufacturing research for trapped-ion quantum processors. The funding will support the development of next-generation ion traps and control electronics in collaboration with GlobalFoundries, focusing on 300mm wafer technology. This partnership aims to address manufacturing scalability challenges that could limit the growth of trapped-ion quantum computers
Company Information
Company
Cambridge Quantum Computing
Location
Broomfield, Colorado, United States
About
Cambridge Quantum is a software company focused on quantum computing. It specializes in developing innovative software solutions for quantum applications. Founded in 2014, it has been at the forefront of quantum algorithm development and quantum software frameworks. The company merged with Honeywell's quantum computing division to form Quantinuum.
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