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IBM to Acquire HRL Labs, Receives $1B Trump Quantum Grant

7/23/2026

Summary

IBM Acquires HRL

IBM signed a definitive agreement to acquire HRL Laboratories, owned by Boeing and General Motors.
The undisclosed deal requires regulatory approval and is expected to close by the end of Q3 2026.
Boeing and GM will collaborate with IBM on quantum applications using HRL’s silicon-spin qubit and quantum-sensing expertise.
IBM will partner with HRL through Anderson wafer foundry to develop spin-qubit manufacturing for Quantum Starling, slated for a 2029 debut.

Summary

Trump Funds IBM

In May 2026, U.S. President Donald Trump awarded IBM $1 billion to build the Anderon foundry in New Albany, New York.
The funding will create a wafer-fab that supplies U.S. quantum firms with domestic chips for national-security goals.
Anderon will be a pure-play quantum wafer foundry separate from IBM’s sites and will begin production after the HRL acquisition closes.
The initiative also earmarks resources for collaborative quantum-application research among IBM, Boeing and General Motors.

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IBM Acquires HRL

IBM signed a definitive agreement to acquire HRL Laboratories, owned by Boeing and General Motors.
The undisclosed deal requires regulatory approval and is expected to close by the end of Q3 2026.
Boeing and GM will collaborate with IBM on quantum applications using HRL’s silicon-spin qubit and quantum-sensing expertise.
IBM will partner with HRL through Anderson wafer foundry to develop spin-qubit manufacturing for Quantum Starling, slated for a 2029 debut.

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