The quantum race is here, and Colorado is poised to lead the pack

One tech leader described Colorado as a "good petri dish for quantum to grow."

By Nikki Wentling  –  Reporter, Denver Business Journal

Frannie Matthews, the president and CEO of the Colorado Technology Association, was growing up in central Florida when the state developed its Space Coast, where Apollo 11 launched to the moon.

Just as Florida became synonymous with the U.S. space program in the 1960s, Matthews believes Colorado has the potential to emerge now as the national birthplace of quantum technology."We are in a unique position," Matthews said of Colorado. "We have academia that is really leading in quantum. We also have more national labs in Colorado than any other state outside of the Beltway. We've got several startups. That creates a good petri dish for quantum to grow."

Boulder is home to the quantum research centers JILA and the National Institute of Standards and Technology. As a growing number of researchers at those facilities studied quantum physics in 2022, state officials and innovators took steps to build Colorado into a nation-leading ecosystem for quantum computing.

This year saw the expansion of Atom Computing into Colorado and the growth of a Denver-based quantum startup, Infleqtion, which is working to commercialize quantum tech. Also this year, Colorado signed a partnership with Finland to cooperate in the advancement of quantum computing, and state leaders, including Matthews, traveled to the Scandinavian country to develop that relationship.

Progress is expected to continue in 2023 as the tempo of the quantum race quickens.

Infleqtion, formerly known as ColdQuanta, is eager to get to work. Flush with $110 million in venture capital, it is building out its product portfolio and racing to become one of the first companies to harness and sell quantum tech to commercial customers.

 "We believe that the quantum industry is at a turning point as it needs to move beyond research and focus on bringing practical, quantum-enabled solutions to the world," said Infleqtion CEO Scott Faris. "Quantum’s time is now and will require bold leadership to bring together the people, capital and ideas to drive the largest technological leap in human history."

Quantum computing promises to store more information and operate with more efficient algorithms than traditional computing, helping solve extremely complex tasks much faster than typically would be possible.

The technology is widely regarded as being in its infancy, but Infleqtion is seeking out ways to commercialize it with the development of atomic clocks, sensors, computing capability and algorithms.

Infleqtion's work is gaining national prominence. TIME magazine named ColdQuanta's Albert, a cloud-based quantum-matter machine, as one of the top inventions of 2022. The leaders of Infleqtion have also been granted a voice in the nation's capital, where they testified to Congress about the need to invest in a quantum workforce.

Multiple Infleqtion executives traveled to Washington, D.C., last month to lead presentations at the Quantum World Congress, a first-of-its-kind event that brought together researchers, developers, industry experts and elected officials to "accelerate the value of the growing quantum industry," according to event materials.The effort to grow Colorado's quantum ecosystem has the support of Gov. Jared Polis, who said this year that he wants the state to be at the forefront of the new industrial revolution that he thinks quantum will create.

"This really represents the next exponential improvement in computing power and efficiency," Polis said in September at the grand opening of Atom Computing in Boulder. "And it's really exciting that we are building that out and developing that right here in Colorado."

From Matthews' perspective, quantum technology has the potential to affect the world at a similar magnitude to the space race. If the U.S. — and Colorado, specifically — want a chance to lead in the quantum race, the time to act is now, she urged.

"When you look at what quantum will do, the way it will solve some big, hairy problems, it's very important that the United States invest in this innovation," Matthews said. "I hear a lot of people say, 'Well, quantum is not here yet.' But it never will be here if we're not investing in it now."

Atom Computing Signals High Confidence In Its Quantum Strategy By Committing $100 Million To Future Research In Colorado

Paul Smith-Goodson

Moor Insights and Strategy
Contributor Group

Patrick Moorhead, Chief Analyst and founder of Moor Insights and Strategy, and I recently attended a ribbon-cutting ceremony in Boulder, Colorado, for Atom Computing’s new research and development facility. Building a new facility was a very important step for the young company.

Atom Computing's CEO and President, Rob Hays, explained the expansion in the context of the company's vision.

“While today marks a historic milestone in the company's history,” he said, “it's only the beginning of our journey to build large scale quantum computers that will transform the computing industry and unlock new applications to advance humankind.”

A year ago, Atom Computing transferred several quantum scientists from its Berkeley, California headquarters to the new building where they will build a local team and develop future generations of larger and more technically advanced quantum computers.

When we arrived, the team of quantum scientists were already deep into research on various projects in five of the twelve laboratories built to investigate multiple aspects of quantum computing.

Atom Computing occupies the entire lower floor of a large multi-story modern building. We were impressed by the amount of finished room-to-grow space. Even with all that room, the company said optional space on additional floors or in adjacent buildings was available if needed.

The event was well-attended by about 100 of Atom Computing industry and academic partners. Officials from the federal, state, and local governments were also there. The ribbon cutting was significant enough that Jared Polis, Governor of Colorado, gave the ceremony’s opening remarks and why he believed Atom Computing was important to Colorado.

“I want to recognize the team at Atom Computing for taking this step in Colorado,” Governor Polis said. “And of course, we're also excited about all the quantum industry supporters and the ecosystem in our great state.”

He went on to explain that Atom Computing would thrive in Colorado because of its existing quantum related businesses. The Governor believes the company will be helped by public-private partnerships at the University of Colorado and the forward-looking Colorado Office of Economic Development and International Trade office that sees Colorado becoming a quantum hub.

In addition to support from Colorado, Atom Computing and NIST have a long-standing research relationship. Dr. Andrew Wilson, NIST Quantum Physics Division Chief at JILA, reinforced ongoing NIST support of Atom Computing in his remarks at the opening ceremonies. Dr. Wilson represents NIST on the Steering Committee of the Quantum Economic Development Consortium (QED-C). He is Physicist and Principal Investigator in the Ion Storage Group of the Time & Frequency Division at NIST.

"We look forward to opportunities to collaborate with Atom Computing on research and development,” Dr. Wilson said. “We will also support efforts needed to achieve the full potential of scalable quantum computing. We know that a lot of progress is being made at Atom Computing, which is wonderful, but we also know there's a lot of work to do, and a lot of interesting things to work on and discover."

Our objectives

Earlier in the year, Patrick and I visited Atom Computing’s headquarters and research facility in Berkeley, California, where its first-generation 100-qubit neutral atom quantum computer was developed and running.

After two days of technical briefings and quantum demonstrations, we came away from Berkeley impressed by the depth of Atom Computing’s research team, its technology, and its strategy. That trip gave us a basis for comparison during our Boulder visit.

In addition to seeing the new facilities, we were also curious about how much technical progress the company had made since our previous visit. We also needed to understand why Atom Computing had made such a significant financial commitment to Colorado.


Atom Computing was founded in 2018. Since then, it has received over $80 million in funding from venture capitalists, plus research grants from the National Science Foundation (NSF).

The bulk of financing came from its last round of $60 million in Series B funding that was raised for several specific reasons:

Importance of Colorado

During our visit to Boulder, we had the opportunity to talk with a number of researchers and executives. It became apparent that Atom Computing had made the right decision to build its new research facility in Boulder, Colorado:

  1. Colorado University Boulder is one of the few places that can provide technical resources specific to Atom Computing's unique neutral atom quantum technology.
  2. General technical engineering talent is also abundant in the Boulder area. According to the University of Colorado Boulder news website, a growing number of tech businesses are being founded by past Colorado University Boulder researchers. These startups are responsible for employing more than 1,000 Colorado workers for around $400 million annually.
  3. Dr. Ben Bloom, Chief Technical Officer and co-founder of Atom Computing earned his Ph.D. from the University of Colorado Boulder, giving him many academic relationships in Colorado. Other Atom Computing team members also attended CU Boulder and also have relationships with other universities.
  4. Dr. Jun Ye, a physics professor at CU Boulder, is a Fellow of the Joint Institute for Laboratory Astrophysics (JILA) and the National Institute of Standards and Technology (NIST). He is currently Atom Computer’s Scientific Advisor. His research was the model for Atom Computing's optically trapped neutral atoms to build nuclear-spin qubits. While pursuing his doctorate at CU Boulder, Dr. Bloom worked with Dr. Ye.
  5. Atom Computing announced plans to build multiple generations of its quantum computing systems in Colorado with $100M investment over the next three years. The company believes its expansion into Colorado, along with the other existing quantum companies and research organizations, will elevate the state to the preeminent quantum computing innovation hub in the US and globally. That will attract even more resources to the area.
  6. The company also joined the University of Colorado Boulder CUbit Quantum Initiative. CUbit cultivates mutually beneficial collaborations with quantum-intensive Colorado enterprises. Atom Computing’s objective is to drive R&D and talent development forward while getting better connected in the Colorado quantum ecosystem and globally. CUbit focuses on connecting the ecosystem, advancing fundamental science, developing talent, and building the foundation for rapid dissemination, application, and commercialization of quantum technologies.

The Tour

Although quantum labs aren’t new to Patrick and me, most people attending the event had never seen a quantum computer much less toured a lab where a first-of-its-kind machine was being designed and built. The tour group was excited by the prospects of a behind-the-scenes look at quantum computing research.

The facility is impressive. It is located in a large, mirrored building that sits among several similar buildings in a small industrial park. The amount of research we saw underway in the new location was impressive. The newness and amount of space contrasted significantly with Atom Computing's Berkeley facility.

It was evident that Atom Computing’s management had followed through on commitments made to raise the last round of Series B funding. As pledged, funds were used to expand research in Boulder, acquire scientists and other technical expertise, and begin building the next-generation neutral atom qubit quantum computing system.

Equally important, Atom Computing now has a presence in the two most concentrated quantum computing innovation centers in the US and globally - California and Colorado.

After the tour, Pat and I compared notes. We agreed that we had seen many improvements in the Boulder lab. Getting a bit in the weeds, here’s what we noticed:

What’s next

We estimate Atom Computing spent about twenty million dollars to build, equip, and staff the Boulder lab. The company plans to continue growing the Colorado workforce as it makes future generations of scalable neutral atom quantum computers.

Relationships are important so the management team has already begun working on partnerships with leading companies and researchers for quantum software and application development. Atom Computing didn’t disclose any specific investment information, but large future funding rounds will obviously be needed if the company executes its plan to spend $100 million at the Colorado facility over the next three years.

The next-generation quantum computer will be offered as-a-service using private and public cloud access. According to Rob Hays, the company is presently working with leading cloud service providers. These arrangements will be announced later.

Technology overview

Atom Computing uses a technology called neutral atom nuclear-spin qubits. Just as classical computers use bits to represent a one or a zero, each qubit is encoded in the nuclear spin of strontium atoms. Atom Computing manipulates the electronic energy levels of the strontium atom to represent either a one or zero state, or a superposition of both. Strontium atoms have unique properties that give it the potential to scale large numbers of qubits that can maintain quantum states for relatively long periods. The longer a quantum state can be maintained, the better because it allows the computer to run more complex problems. It also provides more time for error correction.

Rather than wires or cables, Atom Computing’s quantum computer uses lasers to trap and cool the strontium atoms in free space. Acting like precision optical tweezers, lasers move the atoms into two-dimensional arrays. Because a neutral atom has no charge, it can be tightly packed and experiences little interference from its neighbors.

Although no announcements were made at the opening about Atom Computing’s next generation computer, there is no question it will be a much larger machine with higher qubit count and improved fidelities.

Atom Computing’s first generation “Phoenix” machine in the Berkeley lab is equipped with 100 qubits arranged in a 10x10 two-dimensional array. We expect a significant jump in the number of qubits in its next quantum machine because Atom Computing prefers to increase its qubits in orders of magnitude rather than adding a dozen or so qubits each year.

Neutral atom arrays are tiny, and its shapes can be arbitrary. For example, an atomic array of a million qubits could be contained in a 100x100x100 3-D array.

Although it may be hard to imagine, a million-qubit neutral atom array of this size would occupy less than a cubic millimeter of space. That’s the size of a few grains of sand.

Wrapping it up

Despite some media hype, commercialization of large-scale quantum computers isn't just around the corner. However, it is not likely to be more than a decade away either.

Error correction is one of the biggest obstacles to building mega-qubit machines that can outrun and out-compute our best supercomputers by billions of years. It is not yet mature enough to build a fault tolerant computer, but there is a lot of research that is producing promising results.

Atom Computing has positioned itself in the sweet spot of quantum computing. It has quality investors, a good roadmap, a promising and scalable technology, excellent management, and it is now located in two of the best US quantum research hubs. The value of being near NIST and JILA can’t be overstated. Additionally, the University of Colorado-Boulder can provide a conveyor belt of researchers and specialists specific to Atom Computing’s technology now and well into the future.

Many different types of quantum computing hardware technologies are being prototyped today. But at this stage of quantum computing, there is no way to predict which technology will be the first used to build a fault-tolerant, million qubit quantum computer. The answer might be a yet-undiscovered technology, or it could be an enhanced version of qubit hardware in use today.

Atom Computing has described itself as a company obsessed with building the world’s most scalable quantum computers out of optically trapped neutral atoms. We have no way of knowing if that will happen or not. However, after this visit, we can verify that Atom Computing is still obsessed with that goal.

Analyst Notes

  1. Patrick Moorhead and I are technology analysts. It’s our role to stay abreast of all facets of various technologies we cover, ranging from current and past research to a geek-level of understanding real-world applications, industry trends, and a detailed knowledge about the technologies.
  2. As an analyst, I am narrowly focused on Quantum, AI, Electromagnetics, and Space. At the same time, Patrick covers everything else in the technology spectrum, including networking, chips, and devices. We both write about technology to communicate our analysis and opinions.
  3. The ability to scale up qubits is critical to quantum computing. Is it doable with neutral atom nuclear-spin qubits? Yes, very much so. For example, PASQAL, another neutral atom quantum computer company headquartered in France, recently boosted its qubit count from 100 to 324 atoms. It used Rubidium-87 rather than Sr-87, but there are only a few minor differences. I expect that Atom Computing's next computer will be equipped with 300 to 500 qubits. I also believe we will see that announcement toward the end of the year or at the beginning of next year. Moving up to more qubits may present technical issues such as problems with two-qubit fidelity, among other things, otherwise, PASQAL would have increased its qubit count to more than 324 qubits.
  4. Neutral atoms have received a lot of recent attention from the research community. There is some interesting research using ytterbium-171 for neutral atom spin qubits by Dr. Jeff Thompson at Princeton and Dr. Adam Kaufmann at JILA in Colorado. Ytterbium-171 offers some quantum advantages over Strontium-87. However, the research is incomplete, and more work is needed to fully understand the application.
  5. We aren’t sure where Atom Computing stands on performing research on ytterbium or any other species. I asked about certain lasers (used in ytterbium research) in the Boulder lab. Here is the answer I received from Dr. Bloom:

“At Atom Computing we have pioneered and gained expertise on a variety of neutral atom qubits, including optical qubits and pure-nuclear-spin qubits. These techniques are widely applicable to many optically trapped quantum systems, including alkali atoms, alkaline-earth atoms, and molecules. As more demonstrations of these techniques arise, we will always integrate the latest and greatest into our future machines. The benefits of taking our approach to neutral atom qubits to other group II elements is not lost upon us, including faster gates, faster readout, and less qubit-leakage.”

I respect that answer from a research perspective. In other words, Dr. Bloom is not disclosing what the company is or is not researching. That is proprietary information. Still, he fully understands the options and current research. The company will always use the best technology available.

From an analyst perspective, it would be hard not to investigate the advantages of ytterbium versus strontium.

My previous articles about Atom Computing can be read here and here. More information about the new Atom Computing Boulder facility can be read here

Moor Insights & Strategy, like all research and tech industry analyst firms, provides or has provided paid services to technology companies. These services include research, analysis, advising, consulting, benchmarking, acquisition matchmaking, and speaking sponsorships. The company has had or currently has paid business relationships with 8×8, Accenture, A10 Networks, Advanced Micro Devices, Amazon, Amazon Web Services, Ambient Scientific, Anuta Networks, Applied Brain Research, Applied Micro, Apstra, Arm, Aruba Networks (now HPE), Atom Computing, AT&T, Aura, Automation Anywhere, AWS, A-10 Strategies, Bitfusion, Blaize, Box, Broadcom, C3.AI, Calix, Campfire, Cisco Systems, Clear Software, Cloudera, Clumio, Cognitive Systems, CompuCom, Cradlepoint, CyberArk, Dell, Dell EMC, Dell Technologies, Diablo Technologies, Dialogue Group, Digital Optics, Dreamium Labs, D-Wave, Echelon, Ericsson, Extreme Networks, Five9, Flex,, Foxconn, Frame (now VMware), Fujitsu, Gen Z Consortium, Glue Networks, GlobalFoundries, Revolve (now Google), Google Cloud, Graphcore, Groq, Hiregenics, Hotwire Global, HP Inc., Hewlett Packard Enterprise, Honeywell, Huawei Technologies, IBM, Infinidat, Infosys, Inseego, IonQ, IonVR, Inseego, Infosys, Infiot, Intel, Interdigital, Jabil Circuit, Keysight, Konica Minolta, Lattice Semiconductor, Lenovo, Linux Foundation, Lightbits Labs, LogicMonitor, Luminar, MapBox, Marvell Technology, Mavenir, Marseille Inc, Mayfair Equity, Meraki (Cisco), Merck KGaA, Mesophere, Micron Technology, Microsoft, MiTEL, Mojo Networks, MongoDB, MulteFire Alliance, National Instruments, Neat, NetApp, Nightwatch, NOKIA (Alcatel-Lucent), Nortek, Novumind, NVIDIA, Nutanix, Nuvia (now Qualcomm), onsemi, ONUG, OpenStack Foundation, Oracle, Palo Alto Networks, Panasas, Peraso, Pexip, Pixelworks, Plume Design, PlusAI, Poly (formerly Plantronics), Portworx, Pure Storage, Qualcomm, Quantinuum, Rackspace, Rambus, Rayvolt E-Bikes, Red Hat, Renesas, Residio, Samsung Electronics, Samsung Semi, SAP, SAS, Scale Computing, Schneider Electric, SiFive, Silver Peak (now Aruba-HPE), SkyWorks, SONY Optical Storage, Splunk, Springpath (now Cisco), Spirent, Splunk, Sprint (now T-Mobile), Stratus Technologies, Symantec, Synaptics, Syniverse, Synopsys, Tanium, Telesign,TE Connectivity, TensTorrent, Tobii Technology, Teradata,T-Mobile, Treasure Data, Twitter, Unity Technologies, UiPath, Verizon Communications, VAST Data, Ventana Micro Systems, Vidyo, VMware, Wave Computing, Wellsmith, Xilinx, Zayo, Zebra, Zededa, Zendesk, Zoho, Zoom, and Zscaler. Moor Insights & Strategy founder, CEO, and Chief Analyst Patrick Moorhead is an investor in dMY Technology Group Inc. VI, Dreamium Labs, Groq, Luminar Technologies, MemryX, and Movandi.

Moor Insights & Strategy founder, CEO, and Chief Analyst Patrick Moorhead is an investor in dMY Technology Group Inc. VI, Dreamium Labs, Groq, Luminar Technologies, MemryX, and Movand

Note: Moor Insights & Strategy writers and editors may have contributed to this article.

TQI Exclusive: Atom Computing Is Laser Focused on Scalable Quantum Computers

By Matt Swayne, The Quantum Insider

Quantum computers are built on uncertainty.

Quantum computing companies must be built on focus.

Distractions are everywhere for leaders trying to steer their companies in a rapidly emerging industry during an extremely uncertain – if not perilous – economic time and that’s why Rob Hays, CEO and President of Atom Computing, and his team are intensifying their focus on the ultimate goal of building quantum computers that will let their customers tackle the complex computational challenges they face.

Hays’ strategy for leading his company that is designing and developing a neutral atom approach to quantum computers can be reduced to a simple equation: Focus creates velocity.

“What differentiates us – or helps us stand out – from our competitors is, first, that we have a different technology, but, also, at the company level, the differentiation is that we are focusing on one mission, which is building scalable quantum computers,” said Hays. “We are not trying to focus on going too far up the stack into software, algorithms and applications. Those are important, but we like to work with partners on that so we can just focus on our piece of the puzzle.”

Atom Computing’s piece of the puzzle – neutral atom quantum computing – may be the cornerstone of a quantum computing industry that can tackle real-world problems in fields as diverse as climate science to financial management. Quantum devices that use neutral atoms are designed to pack qubits in extremely small areas where they can be manipulated by lasers. The approach offers several advantages: For example, the devices do not rely on large cryogenic refrigerators and intricate wiring systems, which superconducting models require. This enables straightforward scalability to large numbers of qubits.  Further, Atom Computing’s unique choice of alkaline-earth metals for their qubits enables long coherence times, which means that quantum states can be maintained to be able to run deep circuits.

These advantages will allow Atom Computing’s devices to move from prototype stage to larger commercial systems their customers can use to tackle important, complex problems.

Challenges remain, but Hays thinks that the neutral atom approach has more manageable challenges.

“We have different challenges,” said Hays. “We don’t have chips, we don’t have massive numbers of cables, we don’t need fabs, we don’t have any dilution refrigerators, we don’t have to wire up every qubit with an RF tone. We basically control our qubits with pulses of light, and we scale up with more spots of light and precise control of that light.”

Technologically, Atom Computing is paving the way for scalability, said Hays, but he said the key to the company’s own ability to scale rests in a team laser focused on its mission. Focus leads to the velocity necessary to build a company that is competing in a complex, competitive industry, like quantum.

“When you get a team that’s highly skilled, like the one we’ve built, and they’re focused on one very clear mission, they can run very fast,” said Hays. “That’s how you create high velocity. I know from my 20 years of experience at Intel, and my experience at Lenovo as Chief Strategy Officer, that the computing industry is a race. Companies are continually reinventing the state of the art on computing performance and this is a race that never ends. Quantum computing will be no different. It’s going to be a step function in performance improvement and then exponential performance gains relative to classical compute, but among the quantum computing players in the industry, we’re going to have to have high velocity and continuously push the envelope on performance. That velocity is the result of a focused, highly skilled team and making the right technical choices. By making technical choices that also allow you to scale, then I think that’s the winning combination.”

New Research and Development Facilities

We could add on to Hays’ focus-equals-velocity equation. Focus and velocity create interest and excitement, as news about Atom Computing’s new research and development facility in Boulder, Colorado demonstrated.

The quantum community, policymakers – and even some competitors – were encouraged to see Atom Computing taking this step.

Jared Polis, the governor of Colorado, was there helping us cut the ribbon on the R&D facility, which I think shows that this is important to the state of Colorado and the region in general,” said Hays. “He said that the addition of Atom Computing helps further position Colorado as an economic leader for the next big wave of technology development.”

Atom Computing will join other quantum tech – as well as other tech and business – giants that are building or expanding their presences in the region. The site is also close to leading research institutions, such as University of Colorado Boulder and NIST

Hays believes Atom Computing will contribute to this growing “center of gravity” for the quantum industry.

The move helps Atom Computing tap the talented workforce in Colorado, too.

“We think that, by joining there, we will get access to incredible talent in the region that’s already looking for the opportunity and we’ve been quite successful in attracting people to Boulder from both coasts,” said Hays.

Roadmap Versus Compass?

While some companies share roadmaps that try to predict in intricate detail their moves in quantum, Atom Computing relies on – let’s call it – an internal compass. That compass works a little like this: As the company’s focus intensifies, it builds velocity for its customers. Its customers, then, help intensify that focus by guiding the company from where they are at now – a working prototype – to eventually build production systems that enter the marketplace.

That compass is pointing in the right direction, said Hays.

“I think we are on the right track,” said Hays. “I think if you talk to the people who walked through the labs, saw what we’re doing and talked to the engineers, they would say that we’re on the right track. I think our customers and our partners have faith in our ability to execute and what we’ve already demonstrated and I know that they’re rooting for us, because the world needs larger scale quantum computers.”

Future Focus

While the quantum industry has its hands full with scaling rapidly to meet expectations of an – at times – wildly enthusiastic and – at other times – deeply skeptical public, leaders also recognize the uncertainty in the macroeconomy that is playing havoc with many facets of the broader technology industry.

Hays returns to the company’s “focus first” philosophy.

“I believe that the customers will be there to use the systems and we’ll get paid for the value that we deliver over time,” said Hays. “There will be macroeconomic conditions that will cycle in the future, just as they have historically. But, as a company delivering the promise of exponential computing performance and, we believe, setting the pace for the industry, we look at this as a real opportunity. If we focus on delivering that promise, I am not too concerned right now about what the macroeconomic environment is.”

Hays, who was named Atom Computing’s chief executive in the summer of 2021, said that his first year at the helm was less of a learning lesson and more of a reaffirming lesson.

“Personally, I think I learned that what I already knew is true, in some respects,” said Hays. “Focusing people on very clear objectives, and manageable scope, gives you velocity. Driving a collaborative culture, where open communications and a winning environment are where people want to work, attracts talent and makes the talent that’s here want to stay, even if there are challenges. But if you have that collaborative, open minded, open communication culture, and people can see what the end goal looks like, and what winning looks like, and they feel like they are winning, they will be able to work through anything.”

Quantum computer technology growing in Colorado

Atom Computing to invest $100 mln in Colorado for quantum computer center

By Jane Lanhee Lee

An Atom Computing's Phoenix quantum computer is seen in Berkeley, California
Colorado Governor Jared Polis attended the opening ceremony of Atom Computing's new facility in Boulder, Colorado

[1/2] An Atom Computing's Phoenix quantum computer is seen in Berkeley, California, July 21, 2022. REUTERS/Jane Lanhee Lee12

Sept 28 (Reuters) - Atom Computing, a Berkeley, California-based quantum computer maker, said on Wednesday it would invest $100 million over the next three years in Colorado where it plans to build its next generation of quantum computers.

It is the latest quantum computing startup to build out its base in Boulder, Colorado. The state started to boost its involvement in quantum computing about two years ago, said Colorado's governor, Jared Polis, who attended Wednesday's Atom Computing event in Boulder.

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"We want to be the leader of quantum computing as this industry creates hundreds of companies, tens of thousands of jobs, and powers a new technology revolution," Polis told Reuters.

Quantum computers, which use quantum mechanics, will eventually be able to operate millions of times faster than today's advanced supercomputers. The technology is still in its early stages.

The University of Colorado Boulder has been a center for quantum physics-related research, and is home to JILA, formerly known as the Joint Institute for Laboratory Astrophysics, a joint institute of the university and the National Institute of Standards and Technology.

Atom Computing uses lasers to control individual atoms and build qubits, the basic unit of quantum information. The company has raised a total of $80 million so far, it said.

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