Find XO: US Government Makes $2 Billion Direct Equity Investment in 9 Quantum Computing Startups
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Summary
- The US government is injecting $2 billion in direct equity investments into nine quantum computing startups.
- Unlike the CHIPS Act grants and tax credits, this structure involves the government becoming a shareholder.
- The funds are directed more towards covering long R&D periods that are difficult for private capital to sustain, rather than short-term sales.
- Companies receiving government equity should consider not only the size of the funding but also the choices and restrictions that arise when the state becomes a shareholder.