QNT Quantinuum Inc.

$QNT Quantinuum finalizes $100M CHIPS R&D award with U.S. Dept. of Commerce Quantinuum announced it has finalized an agreement with the U.S. Department of Commerce's CHIPS Research and Development Office for $100M in federal funding deployed through the CHIPS and Science Act. The award, which follows a letter of intent announced in May, supports R&D and U.S. quantum semiconductor manufacturing capabilities needed to deploy large-scale, fault-tolerant trapped-ion quantum computers. The award will support R&D that the company expects to help strengthen and diversify its supply chain, adding onshore partners GlobalFoundries and Monarch Quantum. GlobalFoundries will be one of several of Quantinuum's foundries enlisted to fabricate its next-generation ion traps and other electronics, specifically focused on using 300mm wafer technology; Monarch Quantum plans to develop and manufacture scalable, reliable lasers and optical components required for Quantinuum's trapped-ion systems.

$QNT FTSE Russell has added Quantinuum (QNT) to the preliminary list of IPO additions to the Russell 1000 and Russell 3000 indexes.

$QNT FTSE Russell has added Quantinuum (QNT) to the preliminary list of IPO additions to the Russell 1000 and Russell 3000 indexes. This will be added on Septmeber 21st!!!

$QNT taking a stake at $49.17 the government just took a stake also. They’re partnered with $ORCL fyi.