Governor Moore Announces $1 Billion “Capital of Quantum” Initiative

COLLEGE PARK, Md., Jan. 14, 2025 /PRNewswire/ -- Governor Wes Moore today joined University of Maryland President Darryll J. Pines and IonQ President and Chief Executive Officer Peter Chapman to announce the "Capital of Quantum" Initiative – a landmark public-private partnership that will catalyze $1 billion in investments to position Maryland as a global leader in quantum information science and technology. The initiative was announced during an event highlighting the Governor's economic growth agenda for the 2025 Legislative Session and hosted at IonQ, a leading quantum computing and networking firm partially founded on UMD research and headquartered in the university's Discovery District.

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