The Trump administration issued executive orders on June 22, 2023, marking a significant shift in federal policy toward quantum computing, emphasizing commercialization and national security. One order mandates an update to the National Quantum Strategy within 180 days, focusing on domestic manufacturing, workforce development, and the commercialization of quantum technologies.
A key initiative established by the orders is the Quantum Computer for Application Development and Discovery Science (QC-ADDS) at the Department of Energy, aimed at advancing large-scale quantum computing for scientific discovery. Furthermore, the administration’s acceleration of the transition to post-quantum cryptography aims to enhance cybersecurity against future threats.
Investments in the quantum sector are set to increase, notably benefiting companies like Quantum Computing Inc. (QUBT), which has seen a 31.9% rise in shares over three months, and IBM, which plans to invest over $10 billion in quantum research and has a roadmap for a large-scale quantum computer by 2029. The strategic emphasis from Washington suggests substantial growth potential across the quantum ecosystem.
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