Trump Administration Negotiates Equity Stakes in Quantum-Computing Firms
The TRUMP administration is actively negotiating equity stakes in leading quantum-computing companies, including IonQ, Rigetti Computing, and D-Wave Quantum, in exchange for federal funding. Minimum funding awards of $10 million per company are under discussion, with Deputy Commerce Secretary Paul Dabbar spearheading the talks.
This MOVE mirrors recent government equity arrangements with Intel and rare-earth materials producers, reflecting a broader strategy to secure national interests in critical technologies. The Commerce Department has denied ongoing negotiations, contradicting the WSJ's report.
Quantum computing represents a transformative frontier in technology, with potential applications spanning cryptography, materials science, and artificial intelligence. Government involvement signals both the sector's strategic importance and the growing convergence of public and private capital in deep-tech innovation.