What Happened
Defense Deal Funds Swiss Quantum Research Initiative
IBM and Lockheed Martin have partnered on a quantum computing project, leveraging a Swiss defense deal to fund research into autonomous navigation and materials science. The initiative, which includes the installation of an IBM Quantum System Two at the Swiss National Supercomputing Centre, may signal a new approach to funding quantum technology development. The project is supported by a defense industrial offset arrangement, which requires foreign contractors to reinvest in domestic industry and research. This was first reported by MarketBeat.