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PsiQuantum Finalizes $100 Million Award with the U.S. Department of Commerce

Source: Business Wire

Technology & InnovationArtificial IntelligenceInfrastructure & Defense

PsiQuantum signed definitive documentation with the U.S. Department of Commerce for a $100 million award. The funding is a positive catalyst for the quantum-computing company and supports development of strategically important advanced-computing infrastructure, though the announcement provides no further operating or financial details.

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