Everyone heard that Trump signed an executive order to accelerate the development of quantum technologies
The US Department of Defense even tweeted an official tweet about it
But what does it really mean?
Most people don't really understand this...
Let's bring some order.
Let's start by listening to what one of Trump's closest aides has to say on the matter
Here is the breakdown from Michael Kratsios, who serves as the Chief Technology Officer of the United States:
President Donald Trump signed an executive order with the aim of boosting American technological leadership in the quantum field,
Michael explains that this move is primarily intended to strengthen the national security of the United States and establish a significant technological advantage over the world.
What interests us is the full details of the plan
The administration has formulated a clear agenda with measurable goals for the coming years:
The Department of Energy will lead the development of the first quantum computer powerful enough for scientific tasks by 2028.
There will be exceptional cooperation between the Department of Energy, NASA, the Department of Commerce, and the Department of Defense for the deployment of advanced quantum networks across the US in the next five years.
The National Science Foundation and the Department of Labor will focus on expanding the pool of experts in the field and training professional personnel who can lead this industry.
The Department of Commerce will work to strengthen local supply chains to ensure independence in this field.
The FBI will get involved to protect quantum research and intellectual property from threats and attempts of information leakage.
The goal of this national effort is to open a window to a new era of commercial and technological capabilities within the United States: the move combines scientific research with the protection of national assets to ensure American dominance in the international quantum field.
The question we always end with: who can benefit from the new American program?
Here is a list of selected companies in the quantum field: $QNT $IONQ $QUBT $QBTS $RGTI $ARQQ $QTUM
Trump's move in the quantum field could serve as a wake-up call for quantum companies on Wall Street.
Quantum may not be overtly here yet,
But the competition in the quantum sector is definitely here.