Governor Kathy Hochul and Empire State Development’s Division of Science, Technology and Innovation (NYSTAR) have formally outlined the operational priorities for New York State’s $360 million dedicated quantum capital allocation, enacted as part of the FY 2027 state budget. The initiative is anchored by a $300 million investment in the flagship Quantum Research and Innovation Hub at SUNY Stony Brook—featuring a planned 150,000-square-foot facility and the state’s first university-hosted hybrid quantum data center targeted for 2029—alongside $60 million to stand up to four Regional Quantum Technology Commercialization Hubs across the state.
The state capital package aligns with major federal awards under the CHIPS and Science Act finalized in September 2026, including $1 billion for Anderon (matched by $1 billion from IBM) to establish an open 300mm superconducting quantum foundry at NY Creates’ Albany NanoTech Complex, alongside a $375 million award for GlobalFoundries’ Quantum Technology Solutions in Malta. Together, the state and federal commitments seek to bridge New York’s upstream hardware, semiconductor, and cryogenic assets with downstream enterprise demand across financial services, defense, and healthcare.
| [ New York State Quantum Value Chain & Operational Asset Matrix ] | |||
|---|---|---|---|
| Value Chain Segment | Primary Regional Anchors | Core Assets & Facilities | Operational Capability & Siting Profile |
| • Wafer Fabrication & Packaging | • Capital Region & Mohawk Valley | • NY Creates Albany NanoTech • GlobalFoundries Fab 8 (Malta) | • $1B federal CHIPS award matched by $1B from IBM for Anderon 300mm quantum foundry; $375M CHIPS award for GlobalFoundries QTS. |
| • Cryogenics & Components | • Central New York & Mid-Hudson | • Bluefors (Syracuse) • SEEQC (Elmsford) | • Major dilution refrigerator production footprint in North America; commercial cryogenic Single Flux Quantum (SFQ) control chip manufacturing. |
| • Quantum Optics & Photonics | • Finger Lakes (Rochester) | • AIM Photonics 300mm TAP • Luminate Accelerator | • Accessible 300mm silicon photonics test, assembly, and packaging facility supported by a $321M Department of Defense agreement. |
| • Distributed Networking | • Long Island & New York City | • Brookhaven National Lab • Qunnect (Brooklyn) | • Active 161-mile testbed connecting Stony Brook and BNL; commercial entanglement swapping demonstrated over 17.6 km of NYC fiber. |
| • Full Systems & Compute Access | • Mid-Hudson & Capital Region | • IBM Quantum (Poughkeepsie) • RPI Campus System One | • Primary assembly and fleet data center for IBM superconducting processors; Starling fault-tolerant system targeted for 2029. |
| • Downstream Enterprise Demand | • New York City Metro | • Commercial Banking Desks & Research Centers | • Early proof-of-concept testing in certified randomness (JPMorganChase), bond trade fill optimization (HSBC/IBM), and oncology imaging (MSKCC). |
Administered by NYSTAR, the selection process for the four regional commercialization hubs will focus on establishing open-access test facilities, startup incubation, and shared technical resources to link regional hardware clusters with commercial end users.
Review the statewide announcement via the New York State Governor’s Office here, and explore regional technology development programs on the Empire State Development (NYSTAR) Portal here.
October 24, 2026