Trump Bets $215 Million on Quantum Computing: DOE Targets Practical Systems

The US Department of Energy announced the Quantum Genesis Q competition with a prize of up to $215 million: companies must propose fault-tolerant quantum systems with at least 100 logical qubits performing hundreds of millions of operations. Applications are due by October 19, with a webinar on September 25.

• Quantum Genesis Q prize fund up to $215 million
• Requirement: at least 100 logical qubits and hundreds of millions of fault-tolerant operations
• Applications due by October 19, informational webinar on September 25
• Initiative follows Trump's June 2026 quantum technology executive order