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.

Events

No events

Leave a Comment





Latest News Stories

MFPD-Logo-Fire-District-10

Manhattan Fire District March 17 Meeting Briefs

Vehicle Updates Progressing: The new Tahoe ordered last year has arrived but will require several months before entering service. The ambulance damaged in December's crash is currently at the body...
Peotone-Junior-High-School-scaled-3

Peotone School Board Briefs

Two Administrators ResignPeotone High School will be seeking a new assistant principal and Peotone Elementary School a new principal following the board's acceptance of two administrative resignations Monday night. The...
Green-Garden-Logo.WP

Green Garden Board Approves Comprehensive Plan Update Despite Opposition

GREEN GARDEN TOWNSHIP — The Green Garden Township Board voted 3-2 to approve a $24,885 contract for updating the township's comprehensive plan during a contentious January meeting, despite requests from...
Green-Garden-Logo.WP

Township Building Renovation Sparks Debate

GREEN GARDEN TOWNSHIP — The current Green Garden Township Hall's future and a planned renovation project became focal points of debate at January's board meeting, with residents and officials offering...
Green-Garden-Logo.WP

Green Garden Township News Briefs

Assessor Outlines Tax Assessment Timeline: Assessor Bushong reported township-level assessments will open January 21, 2025, and close June 13, 2025. She explained the timing issue with the budget approval in...
MFPD-Logo-Fire-District-5

Manhattan Fire District Advances New Station Construction, Approves $210,000 Ambulance Replacement

The Manhattan Fire Protection District is moving closer to breaking ground on its new fire station, with construction documents expected to be complete next month and a potential groundbreaking scheduled...
MFPD-Logo-Fire-District-6

Former Peotone Firefighter Mike Shivers Recommended for Fire District Board Position

The Manhattan Fire Protection District board unanimously recommended Mike Shivers to fill a vacant trustee position left by the recent death of Trustee Bill Osborne. Shivers, a former Peotone Fire...
MFPD-Logo-Fire-District-7

Fire District February 17 Meeting Briefs

New Commissioner Sworn In: Attorney John Motylinski administered the oath of office to Commissioner Anton "Tony" Brncich, who was appointed by the Board of Trustees in December. Brncich officially began...