Shares of Quantum Computing Inc (NASDAQ: QUBT) rallied 10.02% to $16.36 on Thursday, joining the broader surge among quantum technology stocks after reports that the U.S. Commerce Department is in discussions with several companies — including IonQ, Rigetti Computing, D-Wave Quantum, and Quantum Computing Inc — to offer federal funding in exchange for equity stakes.
According to sources familiar with the talks, the U.S. government is considering providing at least $10 million in funding per company under a new initiative aimed at boosting strategically critical technologies. This would mark one of the first times Washington directly takes ownership stakes in private quantum firms, underscoring the Trump administration’s expanded intervention strategy in high-impact tech sectors like semiconductors, AI, and quantum computing.
The move reflects the growing national importance of quantum technology — a field that promises exponential advances in computing power, cybersecurity, and materials science. By aligning funding with equity participation, the government aims to ensure long-term partnership and oversight in the development of quantum innovations with national security implications.
The market reaction was immediate, with IonQ (NYSE: IONQ) rising nearly 10%, Rigetti Computing (NASDAQ: RGTI) gaining over 11%, and Quantum Computing Inc rallying in tandem. Investors view this as a major policy tailwind for the U.S. quantum sector, which could unlock fresh capital, strategic validation, and global competitiveness.
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