New US Export Control Plan Highlights Value of Global QC Expertise

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.

The Israel Innovation Authority and the Israel Ministry of Defense (IMOD) recently announced a $62 million USD collaborative effort to establish a domestic quantum computing (QC) infrastructure. The two-pronged approach calls for the Israel Innovation Authority, part of Israel's Ministry of Economy charged with fostering domestic industrial R&D, to focus on developing QC algorithms, applications, and a related software stack to support both on-premises or cloud QC access models. For its part, the IMOD will stand up a national center to develop a complete quantum computer including a quantum processor expected to consist of 30-40 qubits, quantum control capabilities, and I/O interfacing hardware.