IBM unit Anderon secures $1B CHIPS Act award for quantum foundry

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Go back to IBM unit Anderon secures $1B CHIPS Act award for quantum foundry

Anderon, an IBM Company, Finalizes Agreement with the U.S. Department of Commerce for a $1 Billion CHIPS Award to Accelerate R&D for U.S.-Based Pure-Play Quantum Foundry

September 16, 2026 7:00 AM EDT

Funding for Anderon to help scale and expand access to quantum wafer technology

ALBANY, N.Y., Sept. 16, 2026 /PRNewswire/ -- Today, Anderon LLC ("Anderon"), an IBM (NYSE: IBM) company, announced the finalization of a $1 billion award under the CHIPS and Science Act with the U.S. Department of... More