PsiQuantum to anchor the Illinois Quantum and Microelectronics Park in Chicago

PsiQuantum/Utility-scale photonic quantum computer

PsiQuantum agreed to build the first US-based utility-scale, fault-tolerant quantum computer at the former US Steel South Works site in Chicago, anchoring the new Illinois Quantum and Microelectronics Park. State of Illinois, Cook County and the City of Chicago committed $780M+ in support, plus $280M from DARPA's Quantum Proving Ground Initiative.

• Illinois committed $500M in fiscal-2025 budget, including $200M for cryogenic plant; combined state/county/city incentives total $500M over 30 years.
• DARPA's Quantum Proving Ground Initiative adding $280M for development and validation of utility-scale quantum tech.
• Operations center planned across >300,000 square feet at site; expected to create 150+ jobs within five years.
• Partnerships with UIUC, University of Chicago, Northwestern on research and educational programs.