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Atom Computing Advances in $300M Quantum Benchmarking Initiative

12/1/2025

Summary

Story summary

Atom Computing (a Boulder, Colorado-based company) and Quantinuum (a quantum technology company) have advanced in the Quantum Benchmarking Initiative (QBI), a federal competition with up to $300 million.
Atom Computing is based in Boulder, Colorado, and aims to develop a cost-effective quantum computer by 2033.
Quantum computing uses qubits, but high costs hinder scalability.
Atom Computing did not disclose its DARPA funding, while second-phase participants may receive up to $15 million.

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Story summary

Atom Computing (a Boulder, Colorado-based company) and Quantinuum (a quantum technology company) have advanced in the Quantum Benchmarking Initiative (QBI), a federal competition with up to $300 million.
Atom Computing is based in Boulder, Colorado, and aims to develop a cost-effective quantum computer by 2033.
Quantum computing uses qubits, but high costs hinder scalability.
Atom Computing did not disclose its DARPA funding, while second-phase participants may receive up to $15 million.