French company Pasqal plans to establish its first U.S. headquarters at the Illinois Quantum and Microelectronics Park, the former home of U.S. Steel South Works that is now transforming into a massive tech campus.
Gov. JB Pritzker and the Illinois Department of Commerce and Economic Opportunity announced the new tenant at a Tuesday news conference.
Pasqal plans to invest more than $65 million into the facility, which will have one of its quantum processing units on-site. The company plans to create 50 full-time jobs.
Founded in 2019, the company builds and commercializes quantum computers that are powered by neutral atom technology. It has more than 300 employees worldwide and operates subsidiaries in eight countries, according to a news release.
Pasqual will join other firms such as IBM, Diraq, the Defense Advanced Research Projects Agency and Infleqtion.
This is a developing story. Check back for updates.
