Trump Administration in Talks to Take Stakes in Quantum Computing Firms
The Trump administration is in discussions with several U.S. quantum computing companies to acquire equity stakes in exchange for federal funding, according to a Wall Street Journal report citing people familiar with the talks. The proposed deals would represent another instance of direct government investment in strategically important technology sectors.
Companies involved in the discussions reportedly include IonQ, Rigetti Computing, D-Wave Quantum, Quantum Computing Inc., and Atom Computing. Each firm could receive at least $10 million in funding under the plan, with the government becoming a shareholder as part of the arrangement.
The move follows similar interventions, including a proposed 10% federal stake in Intel tied to grant funding, and the Pentagon’s equity position in MP Materials to support rare earth production. Deputy Commerce Secretary Paul Dabbar, formerly an executive in the quantum industry, is said to be leading the negotiations.
The Department of Commerce declined to confirm the talks, while several companies and the White House did not immediately respond to requests for comment. The initiative reflects Washington’s growing push to secure leadership in quantum technologies as rivals such as China ramp up investment in the field.



