To the State of Maryland, quantum computing may be its next power-tool for growth and investment. The global quantum technology market size is expected to reach $198 billion by 2040 according to McKinsey & Company, and the last several years have proven that Maryland and Montgomery County are setting the pace for the quantum race. In January 2025, Maryland Governor Wes Moore announced a $1 billion investment over the next five years aimed at strengthening Maryland’s position as a quantum technology leader, and as the state’s largest county with a thriving technology sector, Montgomery County is primed to be the epicenter of the “Capital of Quantum.”

Montgomery County is home to several quantum pioneers, including Rockville-based Quantum Space, and Bethesda-based companies Fasoo, Quantum Exchange, and TISTA Science & Technology Corporation. The County sits within one of the nation’s most research-dense corridors, neighboring the University of Maryland, which will soon boast Microsoft’s new Quantum Research Center at the University’s Discovery, and a collection of federal agencies, including the National Institute of Standards and Technology (NIST) and the National Cybersecurity of Excellence (NCCoE), that have long driven advances in physics, engineering, and advanced computing. This concentration of expertise, along with an abundance of talent of more than 29,000 Computer and Mathematics Professionals and 67,000 high-technology workers in the area, has helped attract companies specializing in quantum hardware, software, and networking technologies. (more…)