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PsiQuantum Receives Conditional $150 Million Loan Commitment from the U.S. Department of War to Advance Domestic Quantum Computing

Source: businesswire.com

Technology & InnovationInfrastructure & DefenseCompany Fundamentals
PsiQuantum Receives Conditional $150 Million Loan Commitment from the U.S. Department of War to Advance Domestic Quantum Computing

PsiQuantum received a conditional commitment from the U.S. Department of War’s Office of Strategic Capital for a loan of up to $150 million. The commitment is conditional; the article provides no further terms or funding timeline.

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