Pritzker touts quantum future, state senator urges caution for taxpayers

Pritzker touts quantum future, state senator urges caution for taxpayers

Spread the love

(The Center Square) – Gov. J.B. Pritzker is touting Illinois as a destination for quantum computing companies, but a state senator says it’s important to be conscious of taxpayers and ratepayers.

The governor spoke Thursday at the Quantum World Congress in Virginia and encouraged attendees to relocate to Chicago and Illinois.

“We have Duality, which is the nation’s first quantum startup accelerator,” Pritzker said. “We have the second-highest number of Fortune 500 companies, the customers for quantum, of any region in the nation.”

Pritzker said key quantum computing stakeholders are collaborating at the Illinois Quantum and Microelectronics Park in Chicago.

“Fortune 500 businesses and startups, government agencies, world-renowned researchers and scientists are coming together to do foundational work on quantum hardware and software applications,” Pritzker said.

State Sen. Sue Rezin, R-Morris, said quantum is incredibly important, but elected officials must be careful.

“It all depends on how the deals are negotiated,” Rezin told The Center Square. “We want to be conscious about the costs, especially on the ratepayers, on the taxpayers, very important.”

Illinois has given tens of millions of dollars in state tax incentives to quantum corporations.

Brian DeMarco is professor of physics and Director of the Illinois Quantum Information Science and Technology Center at the University of Illinois’ Grainger College of Engineering. He also serves as director and chief technology officer at Illinois Quantum and Microelectronics Park in Chicago.

DeMarco said quantum computers can solve problems that would take too long on any other supercomputer that could be built.

“Some of those types of problems are the types of problems related to balancing the energy grid and predicting what capacity is needed in what parts of the state,” DeMarco told The Center Square.

Rezin agreed that the quantum movement has arrived in Illinois.

“It is fair to say that, once it is built out, that many of the problems that we’ve been trying to solve in the past for decades might be able to be solved with quantum computing,” Rezin explained.

Leave a Comment





Latest News Stories

Advocates urge stable tariff policy, protections against China

Advocates urge stable tariff policy, protections against China

By Andrew RiceThe Center Square Advocates sparred Wednesday over the Trump administration’s trade and national security policy, particularly with concerns over China. Advocates and experts gathered at the American Institute...
Illinois senators scrutinize diversity commission's high salaries, poor performance

Illinois senators scrutinize diversity commission’s high salaries, poor performance

By Jared Strong | The Center SquareThe Center Square (The Center Square) -- An Illinois state senator, responding to an investigation by The Center Square, suggested Wednesday that the state's...
Trump demands second 'big beautiful bill' on his desk by June 1

Trump demands second ‘big beautiful bill’ on his desk by June 1

By Thérèse BoudreauxThe Center Square Seven weeks into the Department of Homeland Security shutdown, President Donald Trump is working with Republican congressional leaders to craft a party-line budget reconciliation bill...
ALEC: State regulations drive up electricity prices

ALEC: State regulations drive up electricity prices

By Alton WallaceThe Center Square Electricity prices and other measures of consumer energy affordability are highest in states with the most extensive policy mandates, compliance requirements, and the most rigid...
Chicago mayor announces homelessness plan with unclear funding sources

Chicago mayor announces homelessness plan with unclear funding sources

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Chicago officials unveiled a plan they say would effectively end homelessness in the city, even as questions...
Minnesota wins legal fight over tuition benefits for illegal immigrants

Minnesota wins legal fight over tuition benefits for illegal immigrants

By Elyse ApelThe Center Square A federal judge has dismissed a U.S. Department of Justice lawsuit challenging Minnesota’s policy of offering in-state tuition and certain scholarships to students in the...
Illini Final Four trip expected to benefit University of Illinois, state of Indiana

Illini Final Four trip expected to benefit University of Illinois, state of Indiana

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A University of Illinois professor says the economic benefit of the school’s mens basketball team reaching the...
Trump makes history at Supreme Court amid landmark birthright citizenship challenge

Trump makes history at Supreme Court amid landmark birthright citizenship challenge

By Emily Rodriguez and Brett RowlandThe Center Square President Donald Trump made history Wednesday by attending oral arguments at the U.S. Supreme Court over his executive order seeking to end...
New Hampshire school district sued over transgender policies

New Hampshire school district sued over transgender policies

By Chris WadeThe Center Square A New Hampshire school district is being investigated by the Trump administration over allegations that administrators are allowing biological men to use girls’ restrooms and...
Trump watches as high court hears challenge to his birthright citizenship order

Trump watches as high court hears challenge to his birthright citizenship order

By Brett RowlandThe Center Square President Donald Trump became the first sitting U.S. president to attend Supreme Court oral arguments, observing as the justices considered a challenge Wednesday to his...
Illinois Quick Hits: Prtizker says Trump order is unconstitutional

Illinois Quick Hits: Prtizker says Trump order is unconstitutional

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Gov. J.B. Pritzker says President Donald Trump’s executive order issued on Tuesday to address election integrity is...
U of I pressed on costly abandoned development project, stance on DEI directives

U of I pressed on costly abandoned development project, stance on DEI directives

By Sean Reed | The Center SquareThe Center Square (The Center Square) – As many Illinois universities face multimillion dollar budget deficits, state senators were critical of spending by the...
Trump says Iran's new leader wants ceasefire

Trump says Iran’s new leader wants ceasefire

By Brett RowlandThe Center Square President Donald Trump announced today that Iran's new leader has requested a ceasefire, marking a possible turning point in the ongoing conflict that has gripped...
‘Conversion therapy’ bans in IL, other states, in danger, after SCOTUS ruling

‘Conversion therapy’ bans in IL, other states, in danger, after SCOTUS ruling

By Jonathan Bilyk | Legal NewslineThe Center Square The days appear to be numbered for a Colorado state law banning so-called "conversion therapy," after the U.S. Supreme Court lopsidedly sided...
Peotone Blue Devil Baseball Graphic

Streator Erupts in Fourth Inning to Avenge Loss Against Peotone 6-3

The Streator varsity baseball team flipped the script on Peotone on Tuesday afternoon, securing a 6-3 conference road victory just one day after falling to the same opponent. Bolstered by...