JohnnyJay
4 days ago
Information for all quantum stocks.
Question:
WHAT IS THE STATUS OF THE NATIONAL QUANTUM INITIATION ACT- (some info may be duplicated at the bottom.)
The National Quantum Initiative Act was originally signed into law on December 21, 2018. Recently, there has been a push to reauthorize and expand the initiative through H.R. 6213, the National Quantum Initiative Reauthorization Act. This bill passed the House Committee on Science, Space, and Technology on November 29, 2023, and was reported with amendments on July 25, 20242.
The reauthorization aims to continue supporting quantum research and development to maintain U.S. leadership in quantum information science (QIS) and its applications for economic and national security.
Key Provisions:
1. Strategic Collaboration: The White House Office of Science and Technology Policy (OSTP) is required to develop a strategy for cooperative quantum research with U.S. allies to enhance competitiveness against global adversaries.
2. New Research Centers: The National Institute of Standards and Technology (NIST) is authorized to establish up to three new centers focused on quantum research in sensing, measurement, and engineering.
3. Funding: The bill authorizes $1.8 billion over five years (2025-2029) to support quantum research and development across major U.S. agencies, including the Department of Energy (DOE), National Science Foundation (NSF), NIST, and NASA.
4. Workforce Development: The bill includes provisions for workforce training hubs and quantum testbeds to address technological and workforce challenges in the quantum sector.
Potential Impact:
• Strengthening U.S. Leadership: The reauthorization aims to maintain and strengthen the United States' position in quantum information science (QIS), which is critical for economic and national security.
• Technological Advancements: By funding new research centers and initiatives, the bill seeks to accelerate breakthroughs in quantum technologies and their applications.
• Economic Growth: The development of quantum technologies is expected to drive innovation and economic growth, creating new opportunities in various industries.
• Global Competitiveness: Collaborative efforts with allies and the establishment of new research centers will help the U.S. stay competitive in the global quantum race.
The National Quantum Initiative Reauthorization Act is poised to have a significant impact on companies developing quantum computers. Here are some key ways it will affect them:
Increased Funding and Resources
• Federal Funding: The bill authorizes $1.8 billion over five years for quantum research and development. This funding will be distributed across major agencies like the DOE, NSF, NIST, and NASA, providing substantial financial support for quantum computing projects2.
• Research Centers: The establishment of new research centers focused on quantum technologies will create more opportunities for collaboration and innovation.
Enhanced Collaboration and Partnerships
• Strategic Alliances: The initiative encourages collaboration with U.S. allies, fostering international partnerships that can accelerate advancements in quantum computing.
• End-to-End Ecosystem: The bill aims to establish a comprehensive manufacturing ecosystem for quantum devices, from design and fabrication to testing. This will provide companies with the infrastructure needed to bring their innovations to market more efficiently3.
Workforce Development
• Training and Education: The bill includes provisions for workforce training hubs, which will help develop a skilled workforce capable of supporting the quantum industry. This will benefit companies by ensuring they have access to a pool of qualified professionals.
Technological Advancements
• Prototyping and Testing: Increased access to prototyping capabilities and testing facilities will enable companies to experiment with and refine their quantum computing technologies more effectively.
• Competitiveness: The reauthorization aims to maintain U.S. leadership in quantum technology, which will help companies stay competitive on a global scale.
Overall, the reauthorization of the National Quantum Initiative Act is expected to provide a significant boost to companies developing quantum computers by offering increased funding, resources, and opportunities for collaboration and innovation2.
Which senators and congressmen are working on this bill and when is it expected to pass the senate?
The National Quantum Initiative Reauthorization Act (H.R. 6213) is being championed by Representatives Frank Lucas (R-OK) and Zoe Lofgren (D-CA). They introduced the bill on November 3, 2023, and it has garnered support from several other representatives across both parties2.
As for the Senate, the bill has not yet been scheduled for a vote. However, given its importance and bipartisan support, it is expected to be taken up in the near future. The Congressional Budget Office (CBO) has reviewed the bill, and it aligns with budget-neutral legislative standards, which should help its passage4.
The National Quantum Initiative Reauthorization Act (H.R. 6213) is being championed by Representatives Frank Lucas (R-OK) and Zoe Lofgren (D-CA). They introduced the bill on November 3, 2023, and it has garnered support from several other representatives across both parties2.
As for the Senate, the bill has not yet been scheduled for a vote. However, given its importance and bipartisan support, it is expected to be taken up in the near future2. The Congressional Budget Office (CBO) has reviewed the bill, and it aligns with budget-neutral legislative standards, which should help its passage.
The National Quantum Initiative Reauthorization Act (H.R. 6213) includes several important provisions aimed at advancing quantum research and development in the United States. Here are some additional details:
Key Provisions:
1. Strategic Collaboration: The White House Office of Science and Technology Policy (OSTP) is required to develop a strategy for cooperative quantum research with U.S. allies to enhance competitiveness against global adversaries.
2. New Research Centers: The National Institute of Standards and Technology (NIST) is authorized to establish up to three new centers focused on quantum research in sensing, measurement, and engineering.
3. Funding: The bill authorizes $1.8 billion over five years (2025-2029) to support quantum research and development across major U.S. agencies, including the Department of Energy (DOE), National Science Foundation (NSF), NIST, and NASA.
4. Workforce Development: The bill includes provisions for workforce training hubs and quantum testbeds to address technological and workforce challenges in the quantum sector.
Potential Impact:
• Strengthening U.S. Leadership: The reauthorization aims to maintain and strengthen the United States' position in quantum information science (QIS), which is critical for economic and national security.
• Technological Advancements: By funding new research centers and initiatives, the bill seeks to accelerate breakthroughs in quantum technologies and their applications.
• Economic Growth: The development of quantum technologies is expected to drive innovation and economic growth, creating new opportunities in various industries.
• Global Competitiveness: Collaborative efforts with allies and the establishment of new research centers will help the U.S. stay competitive in the global quantum race.
JohnnyJay
4 days ago
Question:
Is D-wave still operating a School for training individuals in Quantum Computing?
Answer:
The Institute for Quantum Computing (IQC) at the University of Waterloo is home to a vibrant community of researchers and students. The institute currently has over 300 members, including faculty, postdoctoral fellows, and students.
I couldn't find specific information on the number of military students at the Institute for Quantum Computing (IQC) at the University of Waterloo. However, IQC does have strong ties to national security and defense through its research and partnerships.
The Institute for Quantum Computing (IQC) at the University of Waterloo offers several programs aimed at advancing quantum information science. Here are some of the key programs:
1. Graduate Programs: IQC offers an interdisciplinary graduate program in Quantum Information (QI) that leads to MMath, MSc, MASc, and PhD degrees. Students can choose from various disciplines such as Physics, Chemistry, Computer Science, Applied Mathematics, and more2.
2. Undergraduate Programs: The School on Experimental Quantum Information Processing (USEQIP) provides hands-on research experience for undergraduate students.
3. Master of Science in Quantum Technology: This program focuses on driving the development of quantum technologies and preparing students to join the quantum industry.
4. Quantum Connections Conference: An annual event that brings together researchers, industry professionals, and students to discuss the latest advancements and applications in quantum information science.
5. Quantum for Educators: Virtual sessions designed to prepare educators to teach quantum information science to their students.
These programs are designed to provide students with a strong foundation in quantum information science, along with advanced expertise in their particular research areas.
Oleblue
2 months ago
D-Wave (NYSE: QBTS) Leaders to Present at Upcoming Quantum World Congress 2024
NewMediaWire
Thu, Sep 5, 2024, 10:37 AM EDT
This article was published by IBN, a multifaceted communications organization engaged in connecting public companies to the investment community.
LOS ANGELES, CA - (NewMediaWire) - September 5, 2024 - D-Wave Quantum Inc. (NYSE: QBTS) ("D-Wave"), a leader in quantum computing systems, software and services, and the world's first commercial supplier of quantum computers, will participate in this month's Quantum World Congress. The three-day event is slated for Sept. 9-11, 2024, in Tysons, Virginia.
Allison Schwartz, D-Wave's global government relations and public affairs leader, will contribute to a dynamic workshop, titled "Quantum & Sustainability," which is scheduled to begin at 12:45 p.m. on Sept. 9. D-Wave senior scientist Dr. Andrew King will participate in a panel titled "Country Showcase: The Canadian Ecosystem," at 12:30 p.m. on Sept. 10; and Dr. King will also participate in a second panel, "Quantum Advantage: Deciphering the Timeline, Pathways and Implications," 1:30 p.m. on Sept. 11. In addition, the company is hosting a booth where attendees can participate in demos and conversations with the D-Wave team.
"We've seen firsthand how our annealing quantum technology can effectively address a myriad of public sector needs in fast, cost-efficient, and energy-saving ways," said Schwartz in the press release. "As governments around the globe increase their focus on, and investment in, quantum, we're excited to engage with Quantum World Congress attendees to discuss how our near-term quantum and hybrid-quantum solutions can support our country's aggressive and mission critical quantum programs."
To register for the event, visit https://ibn.fm/yEfbd
To view the full press release, visit https://ibn.fm/1Seaf
About D-Wave Quantum Inc.
D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world's first commercial supplier of quantum computersand the only company building both annealing quantum computers and gate-model quantum computers. The company's mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave's technology has been used by some of the world's most advanced organizations including Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jlich, University of Southern California, and Los Alamos National Laboratory.
Forward-Looking Statements
Certain statements in this article are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of the Company's most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of the Company's Quarterly Reports on Form 10-Q and in the Company's other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this article in making an investment decision, which are based on information available to us on the date hereof. All parties undertake no duty to update this information unless required by law.
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