PsiQuantum: Illinois Quantum and Microelectronics Park in Chicago
The Illinois Quantum and Microelectronics Park, a research and development campus anchored by Silicon Valley tech startup PsiQuantum, will be located at to the former U.S. Steel South Works site in South Chicago, creating as many as 150 jobs in the next five years and attracting as much as $20 billion in private investments over the next decade.
PsiQuantum aims 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. The Illinois Quantum and Microelectronics Park will also include the multimillion-dollar Illinois-DARPA Quantum Proving Ground.
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.
About PsiQuantum
PsiQuantum is a quantum computing company on a mission to build the world’s first useful quantum computer. Founded in 2016 by Jeremy O’Brien, Terry Rudolph, Peter Shadbolt, and Mark Thompson,
PsiQuantum is based in Palo Alto, California. Their approach to quantum computing involves a photonics-based architecture, which leverages existing semiconductor manufacturing infrastructure to build and scale quantum systems efficiently.
Sources:
PsiQuantum
Crain’s Chicago Business
Becky Beaupre Gillespie University of Chicago