New York, NY, Denver, CO, Albuquerque, NM —
The Council on Global Competition and Innovation (CGCI) and Elevate Quantum are proud to announce a landmark partnership committed to ensuring U.S. leadership in eight critical technology sectors—anchored by quantum technology, one of the most promising and transformative frontiers of the 21st century.

This collaboration unites CGCI’s vision of harnessing capital markets to bolster national security and innovation with Elevate Quantum’s role as the U.S. Government’s first and only major place-based investment in the quantum industry. Through this alliance, we will catalyze investment, accelerate deployment, and champion commercialization of Quantum and other essential technologies across industries, underpinning America’s economic resilience and national security.

Why Quantum, Why Now?

Quantum-based technologies like lasers, atomic clocks, and the transistor, power modern life. The next revolution of quantum – quantum sensing, networking and computing, collectively referred to as Quantum 2.0 – is poised to redefine virtually every sector of the global economy. Its unparalleled capabilities—enabling breakthroughs in computing, communications, cryptography, material science, advanced manufacturing, energy, drug discovery, and beyond— stand to be as important to the next 50 years of global leadership as semiconductors were to the last half-century. This promise is not just aspirational. Quantum is rapidly becoming a foundational requirement for national defense and global competitiveness.

Yet, despite its transformative promise, quantum innovation faces daunting challenges in scaling from lab to market. As global adversaries escalate their investments and ambitions, U.S. leadership hinges on coordinated, urgent action to strengthen and deepen the capital stack, working alongside venture capital to unlock new opportunities for growth and scale—making quantum both investable and sustainable, at scale.

A Unique Coalition for Urgent Action
Together, CGCI and Elevate Quantum are establishing a model for public-private collaboration that pools expertise, aligns incentives, and mobilizes capital through innovative approaches—including blended finance, structured risk mitigation, and large-scale partnerships. By leveraging Elevate Quantum’s unparalleled public-private consortium and CGCI’s leadership in capital mobilization and investment innovation, this alliance serves as a force-multiplier that will accelerate the development and commercialization of quantum and adjacent critical technologies.

This partnership reaffirms our shared commitment to:

• Aggregating and deploying large-scale capital—supporting the $1 trillion target for Global Competition and Innovation (GCI) investments by 2027;
• Engaging investors, policymakers, academia, and industry to drive quantum adoption across key sectors;
• Safeguarding U.S. and allied interests by securing strategic technology leadership;
• Promoting economic growth and prosperity for all Americans.

Quote from CGCI Leadership:
“Quantum’s potential is vast, but realizing it demands collaborative action and new models for capital formation. We are proud to work alongside Elevate Quantum to set the pace for U.S. innovation leadership in this critical moment.”

Quote from Elevate Quantum Leadership:
“As the U.S. Quantum Tech Hub, Elevate Quantum is dedicated to catalyzing quantum breakthroughs and accelerating the commercialization of these technologies for the nation. Our partnership with CGCI enables us to marshal unprecedented resources and know-how, ensuring quantum’s benefits reach every industry and community.”

About CGCI
The Council on Global Competition and Innovation (cgci.org) is a nonpartisan, nonprofit organization advancing market-led investments in critical technologies for U.S. and allied national security, resilience, and prosperity.

About Elevate Quantum
Elevate Quantum (elevatequantum.org), Elevate Quantum is the first and only major place-based investment by the U.S. Government in the quantum sector. Backed by more than 140 organizations—including Microsoft, AWS, Google, Sandia National Labs, Quantinuum, Atom Computing, Infleqtion, and others—Elevate Quantum is working to accelerate commercialization and cement U.S. leadership in quantum technology.