Quantum computing has long captured the attention of researchers, scientists, and investors, but it has remained largely experimental. While adoption is still in its early stages, the need for quantum computing is growing.
Amid this background, President Donald Trump's administration has endorsed the nascent technology, with the U.S. Department of Commerce announcing plans to provide roughly $2 billion in funding and take stakes in quantum computing companies. Quantinuum (QNT) has emerged as a frontrunner in this movement, locking down $100 million in funding.