Anderon Finalizes $1 Billion CHIPS Award for Quantum Wafer Manufacturing

Insider BriefPRESS RELEASE — Today, Anderon LLC (“Anderon”), an IBM (NYSE: IBM) company, announced the finalization of a $1 billion award under the CHIPS and Science Act with the U.S. Department of Commerce (the “Department”). The award will accelerate Anderon’s R&D efforts to advance the nation’s quantum wafer manufacturing capabilities.Announced in May under a letter of intent between the Department and IBM, Anderon operates a state-of-the-art 300-millimeter pure-play quantum wafer foundry, backed by an additional $1 billion investment from IBM. Headquartered in Albany, New York, the new venture serves the quantum industry as a pure-play foundry, offering quantum wafer manufacturing to customers across the ecosystem.“This agreement with the Department of Commerce strengthens our ability to deliver the manufacturing scale the quantum industry needs,” said Mukesh Khare, CEO, Anderon. “We’re building a foundation that will let quantum move from research breakthroughs to real-world impact.”“IBM‘s quantum roadmap requires a manufacturing foundation that can scale at the pace our work demands,” said Jay Gambetta, Director, IBM Research & IBM Fellow. “Anderon‘s focus on wafer fabrication gives us exactly that and strengthens our ability to execute and accelerate progress toward the next era of quantum computing.”Anderon offers specialized wafers supporting high-performance superconducting qubit arrays, quantum input/output signaling, and readout signal chain components, foundational capabilities that support a range of quantum architectures. It plans to expand to other quantum modalities in the future.The company has already achieved a significant operational milestone, with the first quantum wafers now running through its manufacturing facility. This early production activity demonstrates the company’s ability to quickly translate advanced pre-production research into commercial-grade quantum wafer technologies.Quantum computing has the potential to drive breakthroughs across industries, from advanced materials and chemistry to optimization and cybersecurity. As the technology matures toward large-scale commercial applications, scalable manufacturing will be critical to realizing its full potential. Anderon will provide an advanced manufacturing foundation which is needed to produce quantum wafers at production scale to accelerate innovation, strengthen domestic supply chains, and support the continued growth of a robust quantum ecosystem.To learn more, visit anderon.com.The finalized award follows the May 2026 announcement outlining the proposed $1 billion CHIPS funding for IBM’s purpose-built quantum foundry.TopicsShare Get the latest research, company news, and market intelligence every week. MENTIONED IN THE ARTICLEAnderon is a quantum foundry initiative from IBM, focused on advancing large-scale quantum wafer fabrication in the United States. Leveraging decades of semiconductor research and quantum computing expertise, Anderon aims to catalyze domestic quantum manufacturing capabilities. The division specializes in 300mm wafer processes, advanced packaging, and scalable quantum hardware production, supporting applications across computing, sensing, and communications. By establishing a robust supply of quantum wafers, Anderon seeks to anchor a national quantum ecosystem and drive U.S. economic growth in the quantum industry.IBM is an iconic technology pioneer founded in 1911 as the Computing-Tabulating-Recording Company and officially renamed International Business Machines Corporation in 1924. Beyond foundational computing, IBM possesses a deep legacy in aerospace and defense from building the guidance computers and Instrument Unit for NASA's historic Apollo missions to partnering with Airbus on CIMON, the first AI assistant on the ISS.The U.S. Department of Commerce is a federal executive department responsible for creating the conditions for economic growth and opportunity in the United States. Through its 13 bureaus, it drives U.S. economic competitiveness, strengthens domestic industry, and supports job growth. The Department fosters innovation in emerging technologies, including quantum computing and artificial intelligence, and provides research and development resources through agencies such as NIST and NTIA.More in Research The Quantum Insider (TQI) is the leading source for the latest quantum technology news, market intelligence, industry analysis, and data covering the global quantum ecosystem. NEWSROOMPLATFORMSERVICESCOMPANY© 2026 The Quantum Insider. All rights reserved. Part of the Resonance networkOne of our team will be in touch to learn more about your requirements, and provide pricing and access options.Subscribe to our industry leading leading newsletter for the latest in quantum news and insights. We use cookies to analyse traffic and improve your experience. Privacy Policy