Governor Hochul Announces New Study Highlighting New York’s Position as a National Leader in Quantum Technology

Statewide Study Highlights New York's Strengths in Quantum Research, Innovation and Manufacturing

Findings Will Help Guide Governor's $360 Million Investment in Quantum Research and Commercialization

Governor Kathy Hochul today announced the release of a comprehensive study of New York State's quantum technology landscape, finding that the Empire State ranks second nationally in quantum-related businesses, research groups and patents. Commissioned by Empire State Development's Division of Science, Technology and Innovation (NYSTAR), the study highlights New York's position as a national leader in the emerging industry and identifies opportunities to strengthen collaboration, accelerate commercialization and support future economic growth.

"New York is building the foundation for the next generation of technological breakthroughs, and quantum technology represents an enormous opportunity for our economy," Governor Hochul said. "With world-class research institutions, advanced manufacturing capabilities and a growing network of innovative businesses, we have the tools to lead this emerging industry. Our $360 million investment will help turn that potential into progress, bringing new technologies to market, attracting private investment and creating good-paying jobs across New York State."

Empire State Development President, CEO and Commissioner Hope Knight said, "Under Governor Hochul's leadership, New York is making strategic investments to lead the next generation of technological innovation. This study confirms that our state has the research institutions, manufacturing capabilities and industry expertise needed to compete in the growing quantum economy. By connecting these strengths and supporting commercialization, we're positioning New York to attract investment, create good-paying jobs and turn groundbreaking research into real economic opportunity."

Read the full press release here.