Maryland Gov. Wes Moore on Tuesday joined University of Maryland President Darryll J. Pines and IonQ President and CEO Peter Chapman to announce a landmark public-private partnership to catalyze $1 billion in investments and position the state as a global leader in quantum information science and technology.
The “Capital of Quantum” initiative was introduced at an event highlighting Moore’s 2025 economic growth agenda held at IonQ, a leading quantum computing and networking firm founded on UMD research and headquartered in the university’s Discovery District.
“Quantum has the potential to transform every part of our economy and society, from national security to health care,” said Moore. “With extraordinary assets and partnerships, Maryland can—and should—lead in this new emerging sector, and we are moving forward with a clear strategy to make that vision a reality. Together, we will make Maryland the quantum capital of the world."
This strategic partnership aims to unlock more than $1 billion in investments—a combination of state funds, matching federal grants, private-sector investments and philanthropic contributions—over the next five years.
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