
France’s Pasqal Joins US-based Quantum Hub
$1,500.00
Authors: Bob Sorensen and Tom Sorensen
Publication Date: October 202025
Length: 1 pages
The French-based quantum computing (QC) supplier Pasqal, recently announced that the firm will establish their U.S. headquarters within the Illinois Quantum and Microelectronics Park (IQMP) located on Chicago’s South Side. With support from the state’s Manufacturing Illinois Chips for Real Opportunity Act (MICRO) Program, Pasqal will invest more than $65 million in their first U.S. location and create 50 full-time jobs. Eventually, the location will house one of its neutral atom-based quantum systems. Pasqal cited MICRO program incentives, which includes provisions to retain income tax withholding, exemptions on utility taxes, corporate income tax credits, and credits for training new employees, as a key driver in their decision.
Related Products
U.S. Senate Passes Innovation Act to Support U.S. Semiconductor Manufacturing Sector
Alex Norton and Bob Sorensen
The U.S. Senate passed the United States Innovation and Competition Act (USICA) on June 8th, a major step forward in providing support and financial investment in furthering the United States' competitive capabilities in technology, including semiconductor capabilities. The USICA is bipartisan legislation intended to give federal funding to key science and technology areas, including STEM research, technology transfer, semiconductor research and manufacturing, as well as NASA research activities. The bill also seeks to establish a framework for agencies including the NSF and DOE to collaborate in these areas, to help ensure U.S. leadership in science and technology.
6 2021 | HYP_Link
Verne Global Acquired by UK Investment Company
Mark Nossokoff, Alex Norton
HPC datacenters have been improving their energy consumption and environmental sustainability profiles. Verne Global, a high-intensity-compute cloud colocation services provider, has emerged as a leader in delivering 100 percent renewable, global HPC cloud resources, powered by Iceland's natural hydroelectric and geothermal energy. Digital 9 Infrastructure plc (D9), a newly formed UK- based investment trust company that invests in a range of digital infrastructure assets, has acquired Verne Global in a deal valued at approximately £231 million.
9 202021 | HYP_Link

