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February 16, 2024

Bipartisan legislation will support state’s quantum ecosystem

Longmont Leader Logo

February 16, 2024

Bipartisan legislation will support state's quantum ecosystem

Longmont Leader Logo

At Maybell Quantum Industries, Gov. Jared Polis, Rep. Alex Valdez (D-Denver), Rep. Matt Soper (R-Delta), Senator Jeff Bridges (D-Greenwood Village) and member of the Joint Budget Committee, Senator Mark Baisley (R-Woodland Park), and partners unveiled new details of the Quantum Tax Credit bill announced last month at the Mountain West Elevate Quantum Summit. 

This new bipartisan bill will help strengthen the state’s economy, save money for quantum business in Colorado, and position the state to compete for up to $70 million in federal funding while creating 10,000 new, good-paying jobs for Coloradans. If Colorado is awarded the federal Quantum Tech Hub funding, this bipartisan legislation will maximize the state’s competitiveness as a tech hub focused on the development of quantum by investing an additional $74 million in the industry’s development. 

Read the entire release on the official Longmont Leader website by clicking here.