Eeroq, a quantum hardware startup developing processor based upon electrons floating above pools of superfluid helium, has signed a lease for a 9600 square foot engineering lab and office on Chicago’s West Side. The company received considerable support from the business community in Chicago including Chicago Mayor Lori Lightfoot’s INVEST South/West initiative in their search for this headquarters. The building itself has an interesting history. It was built in 1916 as a plant for the Kyle-National Company which produced lights for steam locomotives and other heavy machinery and operated at that location until 1992. The site was subsequently acquired and is being renovated and turned into a new business innovation center funded by Morningstar founder Joe Mansueto and called The Terminal. EeroQ CEO Nick Farina commented “Talent and local support are critical, and we have found all of that in Chicago with a world-class base of quantum computing talent and unmatched local support”. He also mentioned that they choose this specific site because they were looking for suitable space that was close to the city center but didn’t have significant vibrations. They ran around the city for several days with a geophone to find this space.
Chicago and the Midwest is striving to become a major center for quantum activity in the U.S. In recent years the Chicago Quantum Exchange was formed which includes members from the University of Chicago, Argonne National Laboratory, Fermi National Accelerator Laboratory, the University of Illinois Urbana-Champaign, the University of Wisconsin-Madison, Northwestern University, which can provide a strong pipeline for talent. In addition, the Duality Quantum Accelerator was formed last year to incubate new quantum-based companies with the hopes that many of them will succeed each year and stay in Chicago. But there is strong competition from other geographic regions with U.S. locations including Maryland, Colorado, Northern California, Southern California, and many other U.S. and international regions vying to become the next “Silicon Valley of Quantum”.
For more about Eeroq’s announcement, you can view a news release provided by the company here.
January 6, 2022