🚀 **Exciting Milestone for PsiQuantum and Roadster Capital!** 🚀 We are thrilled to announce that our portfolio company, PsiQuantum, has achieved a significant milestone by becoming the anchor tenant of the former US Steel Factory site in the South Side of Chicago. This marks the beginning of a transformative journey in the re-industrialization of America's industrial base. PsiQuantum, in partnership with the State of Illinois, Cook County, and the City of Chicago, will build the first US-based utility-scale, fault-tolerant quantum computer at the former US Steel South Works property. This initiative is part of the newly established Illinois Quantum and Microelectronics Park (IQMP), which aims to catalyze the state’s highly developed quantum ecosystem. This project not only highlights PsiQuantum’s cutting-edge advancements in quantum computing but also underscores Roadster Capital’s commitment to investing in automation, trust, and sustainability. The development of the Quantum Computer Operations Center and the Cryogenic Plant will bring numerous jobs and drive economic growth, reinforcing our belief in the power of innovative technologies to reshape industries. Together, we are ushering in a new era of innovation and sustainability, solidifying Chicago’s place as a global hub for technological advancement. #QuantumComputing #Innovation #Sustainability #Reindustrialization #RoadsterCapital #PsiQuantum #Chicago #IQMP #Technology #Automation
Roadster Capital
Venture Capital and Private Equity Principals
Portland, OR 102 followers
Seed stage VC fund solving challenges for the industrial base
About us
We are a seed stage venture capital fund investing in companies solving challenges for the industrial base with science and technology.
- Website
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http://www.roadstercapital.com
External link for Roadster Capital
- Industry
- Venture Capital and Private Equity Principals
- Company size
- 2-10 employees
- Headquarters
- Portland, OR
- Type
- Privately Held
- Founded
- 2022
Locations
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Primary
6312 SW Capitol Hwy
#428
Portland, OR 97239, US
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Santa Monica, CA, US
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Palo Alto, CA, US
Employees at Roadster Capital
Updates
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This new partnership and $940M AUD investment between the Australian Government and PsiQuantum is remarkable. A job well done to everyone involved in bringing this together. Roadster Capital is fortunate to be supporting all of your efforts and learning so much along the way. #quantum https://lnkd.in/g_aH9AvS
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The future of semiconductors is bright. The team at xLight Inc. is a beacon of inspiration and innovation. Partnering with Fermilab is a great way to exemplify the importance of what they are working on.
xLight today announced it has signed a Cooperative Research and Development Agreement (CRADA) with Fermilab. This CRADA kicks off an anticipated, long-term collaboration between the company and Fermilab, which will develop critical superconducting Radio Frequency components key to reshoring semiconductor manufacturing in the United States. The work under the CRADA signed today will focus on superconducting radio frequency cavity and cryomodule development and testing. Learn more here: https://lnkd.in/eGPxX6WU #semiconductors #manufacturing #innovation #technology #fermilab
News — xLight
xlight.com
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We are very excited to see this announcement. It is directly in line with our outlook on U.S. Manufacturing for semiconductors. It also tells us that our letter to Sen. Schumer (NY) might have had just a little bit of positive impact.
Today, we are excited to celebrate the news of the proposed investments from the U.S. Department of Commerce and New York State. GF is proud to be the first semiconductor pure play foundry to receive a major award from the #USCHIPSAct. Read more about today's exciting news: https://loom.ly/r98cAuE #essentialchips #USCHIPSAct #semiconductor #semiconductormanufacturing #Gfessentialchips
GlobalFoundries and Biden-Harris Administration Announce CHIPS and Science Act Funding for Essential Chip Manufacturing | GlobalFoundries
https://gf.com
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Great to see PsiQuantum working with Mitsubishi Corporation to simulate excited states of photochromic molecules which have widespread industrial and residential potential applications. https://lnkd.in/gyXgF8Cg
PsiQuantum Leads the Way in Quantum Computing for Climate Tech with New Partnership with Mitsubishi Groups
hpcwire.com
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Roadster Capital reposted this
Ryan Else had a discussion with Jason Palmer on The Venture Capital Fastlane Podcast. Jason is a 2024 Presidential Candidate 🇺🇸 and a Venture Capitalist. Listen, Watch and Subscribe on all major podcast platforms and Subscribe to our YouTube Channel. https://lnkd.in/ese4arKp
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Ryan Else had a discussion with Jason Palmer on The Venture Capital Fastlane Podcast. Jason is a 2024 Presidential Candidate 🇺🇸 and a Venture Capitalist. Listen, Watch and Subscribe on all major podcast platforms and Subscribe to our YouTube Channel. https://lnkd.in/ese4arKp
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Have you visited our YouTube Channel? Subscribe and watch videos of our podcasts. They keep getting better and faster. 🏎 https://lnkd.in/ese4arKp
The Venture Capital Fastlane - YouTube
youtube.com
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PsiQuantum + U.S. Department of Energy (DOE)'s SLAC National Accelerator Laboratory. This partnership is focused on gaining access to state-of-the-art, high-powered cryogenic cooling capabilities for large-scale quantum computing. Announcements of this magnitude send signals around the world. A new era of quantum computing is just around the corner. https://lnkd.in/eXfnVm4d
PsiQuantum Partners With U.S. Department of Energy’s SLAC National Accelerator Laboratory to Access State-of-the-Art, High-Powered Cryogenic Cooling Capabilities for Large-Scale Quantum Computing
businesswire.com