Colorado has emerged as a global epicenter of the quantum revolution, with recent investments totaling $40 million from the federal government, $74 million in state tax credits, and an estimated $1 billion in private capital. This has solidified the region’s position as a quantum technology hub, with the potential for economic growth, new businesses, and thousands of jobs.
Quantum computing, which leverages the behaviors of particles and photons, offers the potential to process information at speeds significantly faster than traditional computing methods. This technology has the potential to address major challenges, from climate change to healthcare, by combining quantum technologies with artificial intelligence.
While Silicon Valley remains a leader in digital innovation, Colorado has quietly become a leader in quantum technologies, with the largest number of people working in quantum-related jobs. The region is home to four Nobel prize-winning quantum scientists and has a strong foundation in quantum research, supported by federal investments.
Elevate Quantum, a non-profit coalition led by Corban Tillermann-Dick, secured Colorado’s position as one of the two official quantum tech hubs in the U.S., with significant federal and state funding to support growth in the quantum ecosystem. This investment aims to create new jobs, train workers, and support the development of startups in the region.
With quantum technology considered a national imperative, Colorado officials are optimistic about the potential benefits of quantum technologies for the state’s economy and the nation as a whole. The region’s focus on inclusivity and diversity in building the quantum ecosystem reflects a broader vision for the future of quantum technologies in Colorado and beyond.
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