What Happened
Defence Quantum Spending Revealed In New Research Report
A new research report estimates the quantum defence sector to be in the hundreds of millions of dollars, with the US Department of Defense spending about $320 million on quantum research in FY2023. Disclosed defence contracts came to $114 million to $141 million a year from 2023 to 2025, while paid market reports put 2024 between about $0.2 billion and $1.9 billion. The report highlights the lack of transparency and inconsistent definitions in market reports, which can impact investment decisions. The research was first reported by Unknown Source.