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Department of Commerce Announces Finalization of CHIPS R&D Award with PsiQuantum

WASHINGTON, D.C. — The U.S. Department of Commerce announced today the signing of a final award of up to $100 million to PsiQuantum under the CHIPS and Science Act. The R&D funded by this award addresses key photonic quantum computing technical challenges and integrates into semiconductor manufacturing for mature and high-performance electro-optic materials, high-temperature single-photon detectors, and ultra-low-loss photonic packaging.

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