List of Flash News about $10 million funding
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01:09 |
U.S. Commerce Department Weighs Equity Stakes in Quantum Computing Firms with $10M Awards; IONQ, RGTI, QBTS, QUBT in Focus (WSJ)
According to @stocktalkweekly, the Wall Street Journal reported that the U.S. Commerce Department is in talks to take equity stakes in quantum-computing companies in exchange for federal funding, with minimum awards discussed at $10 million per company (source: Wall Street Journal via @stocktalkweekly). The companies in discussions include IonQ (IONQ), Rigetti Computing (RGTI), and D-Wave Quantum (QBTS), while Quantum Computing Inc. (QUBT) and Atom Computing are considering similar arrangements (source: Wall Street Journal via @stocktalkweekly). The report describes the move as an expansion of the Trump administration’s intervention in critical technology sectors and notes other technology firms are expected to compete for the funding (source: Wall Street Journal via @stocktalkweekly). |