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Illinois Rolls Out $500 M Quantum Hub, PsiQuantum Moves

6/21/2026

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Story summary
  • Illinois Governor JB Pritzker announced a $500 million plan to build a quantum-computing hub to keep local entrepreneurs from moving to Silicon Valley.
  • The Illinois Quantum Materials and Photonics park will host six tenants, including IBM, with PsiQuantum as anchor tenant building a 65,000-square-foot facility.
  • Pritzker said the project will create jobs for quantum-software developers, cryogenic-systems engineers and fabrication technicians, with PsiQuantum planning to move hardware to Chicago next year.