Global Trade Alert
Global Trade Alert

United States of America: Department of Commerce funding for quantum computing companies

Announcement

21 May 2026

In May 2026, the United States of America announced planned funding and minority equity stakes for nine quantum computing companies under the CHIPS and Science Act.

Source

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Number of interventions

9

0 certainly harmful

9 likely harmful

0 liberalising

List of interventions

Implementation date

No implementation date

Revocation date:

No revocation date

Announced: 21 May 2026
Equity stake

Recent update from 25 May 2026:

On 21 May 2026, the United States Department of Commerce signed a letter of intent to provide up to USD 100 million in planned funding to Rigetti, with the United States receiving a minority, non-c...

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Announced: 21 May 2026
Equity stake

Recent update from 25 May 2026:

On 21 May 2026, the United States Department of Commerce signed a letter of intent to provide USD 100 million in planned funding to Quantinuum, with the United States receiving a minority, non-cont...

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Announced: 21 May 2026
Equity stake

Recent update from 25 May 2026:

On 21 May 2026, the United States Department of Commerce signed a letter of intent to provide USD 100 million in planned funding to PsiQuantum, with the United States receiving a minority, non-cont...

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Announced: 21 May 2026
Equity stake

Recent update from 25 May 2026:

On 21 May 2026, the United States Department of Commerce signed a letter of intent to provide USD 100 million in planned funding to Infleqtion, with the United States receiving a minority, non-cont...

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Announced: 21 May 2026
Equity stake

Recent update from 25 May 2026:

On 21 May 2026, the United States Department of Commerce signed a letter of intent to provide USD 100 million in planned funding to D-Wave, with the United States receiving a minority, non-controll...

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Announced: 21 May 2026
Equity stake

Recent update from 25 May 2026:

On 21 May 2026, the United States Department of Commerce signed a letter of intent to provide up to USD 38 million in planned funding to Diraq, with the United States receiving a minority, non-cont...

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Announced: 21 May 2026
Equity stake

Recent update from 25 May 2026:

On 21 May 2026, the United States Department of Commerce signed a letter of intent to provide USD 100 million in planned funding to Atom Computing, with the United States receiving a minority, non-...

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Announced: 21 May 2026
Equity stake

Recent update from 25 May 2026:

On 21 May 2026, the United States Department of Commerce signed a letter of intent to provide USD 375 million in planned funding to GlobalFoundries, with the United States receiving a minority, non...

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Announced: 21 May 2026
Equity stake

Recent update from 25 May 2026:

On 21 May 2026, the United States Department of Commerce signed a letter of intent to provide USD 1 billion in planned funding to IBM, with the United States receiving a minority, non-controlling e...

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Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

70598

interventions

194

jurisdictions