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Pasqal Invests $65M in Chicago, Creating 50 Jobs

10/14/2025

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Summary

Story summary

Pasqal, a French quantum computing company, plans to invest over $65 million and create 50 jobs by locating its headquarters at the Illinois Quantum and Microelectronics Park in Chicago.
The State of Illinois backs the move through the Manufacturing Illinois Chips for Real Opportunity Act, offering financial incentives for quantum tech development.
California continues to lead in quantum research, while Illinois seeks to attract investment and expand its regional hub.

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Story summary

Pasqal, a French quantum computing company, plans to invest over $65 million and create 50 jobs by locating its headquarters at the Illinois Quantum and Microelectronics Park in Chicago.
The State of Illinois backs the move through the Manufacturing Illinois Chips for Real Opportunity Act, offering financial incentives for quantum tech development.
California continues to lead in quantum research, while Illinois seeks to attract investment and expand its regional hub.