Quantum AI Report

The convergence of Quantum with AI

Office of Strategic Capital

The Office of Strategic Capital is an office within the U.S. Department of Defense, announced in December 2022, that uses loans and loan guarantees to draw private capital into technology areas deemed critical to national security, with quantum information science among the covered categories. It does not build quantum hardware or software itself; its role in the field is as a public financier, aiming to fill gaps where private investment in areas such as quantum computing is judged insufficient relative to defense needs. Its lending authority was provided by Congress through the FY2024 National Defense Authorization Act.

AI-written profile · not yet reviewed · 12 October 2026

Headquarters
Washington, D.C., United States
Founded
2022
Status
Private

Coverage

Source

U.S. Department of War announces $350 million in quantum computing initiatives to validate systems and support manufacturing

The U.S. Department of Defense has announced a roughly $350 million quantum computing package. About $200 million in new DARPA funding will go toward validating utility-scale quantum systems, while the Office of Strategic Capital has offered a conditional loan of approximately $150 million to photonic quantum company PsiQuantum. The stated aims are to test large-scale machines and bring quantum hardware manufacturing to the United States.

OutlookPlausible

If PsiQuantum clears the loan conditions, this could establish a US-based photonic chip fabrication capability that other quantum photonics developers can access as a foundry service, reducing dependence on overseas photonics manufacturing within two years.

photonicotherDARPAOffice of Strategic CapitalPsiQuantum