New York City has committed nearly $30 million to establish QFab, a new quantum technology research hub at New York University, aiming to advance cutting-edge scientific innovation and strengthen the city’s position in the emerging field of quantum science. The initiative will bring together researchers, industry partners, and academic institutions to develop next-generation technologies, including quantum computing and sensing applications. With support from both public and private sectors, the hub is expected to foster collaboration and accelerate breakthroughs in quantum research. The project underscores the growing investment in quantum technology as a key driver of future scientific and economic progress.
New York City will invest $29.2 million to build QFab, a quantum technology hub at New York University.