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Pentagon's Strategic Capital Office Commits $150 Million to PsiQuantum

Original: Department of War's Office of Strategic Capital Signs $150 Million Conditional Loan Commitment With PsiQuantum

The Department of War's Office of Strategic Capital has signed a $150 million conditional loan commitment with quantum computing firm PsiQuantum. The deal signals continued federal investment in quantum technology, seen as strategically important for defense and economic competitiveness. PsiQuantum, based in California, is developing fault-tolerant quantum computers, and the commitment marks one of the office's notable moves into the sector.

Why now: The government is directly financing a private quantum computing company, raising interest in defense-backed tech investment.

PsiQuantumDepartment of WarOffice of Strategic Capital

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