HomeReleasesAnderon Secures $1 Billion CHIPS Award for Quantum Foundry
Releases

Anderon Secures $1 Billion CHIPS Award for Quantum Foundry

The U.S. Department of Commerce has finalized a $1 billion award for Anderon, an IBM company, to scale domestic quantum wafer production. Based in Albany, New York, the firm operates a 300-millimeter pure-play foundry designed to bridge the gap between laboratory research and commercial-grade quantum computing hardware.

Anderon Secures $1 Billion CHIPS Award for Quantum Foundry

The funding, first outlined in a preliminary agreement this past May, complements an additional $1 billion capital injection from IBM. By operating as a standalone entity, Anderon focuses exclusively on manufacturing specialized wafers that support superconducting qubit arrays and complex signal chain components. This dedicated infrastructure is intended to provide the manufacturing volume necessary for the broader quantum ecosystem to move beyond experimental phases.

CEO Mukesh Khare noted that the agreement provides the requisite scale to transition quantum technology into real-world applications. The facility has already reached a critical production milestone, with initial wafer batches currently moving through the fabrication line. According to Jay Gambetta, Director of IBM Research, this specialized output is essential for maintaining the roadmap of quantum progress, as the industry shifts toward large-scale, reliable hardware production.

Comments (0)

Leave a comment

No comments yet. Be the first!