Innovation with Impact
21
Active Quantum Industry Research Projects Underway
90+
Researchers
$1B+
Committed from Connecticut Universities and Industry for Research & Development
Economic Impact
The economic impact trajectory for quantum technologies is staggering.
The total international market for quantum technology could reach $198 billion by 2040.
The number of quantum startups has quadrupled in the past five years.
Source: Quantum Technology Monitor, June 2025, McKinsey Digital
Workforce Development
A thriving quantum economy demands a skilled and future-ready workforce.
Quantum technologies are estimated to play a direct role in businesses that employ 279,000 people and account for 20% of job and 28% of wages in Connecticut. These businesses support millions of jobs and over $28.7 billion in GDP nationwide.
Improved Precision
Fewer iterations and more efficient production
Enhanced Capability
Greater accuracy in navigation and threat detection
Better Decisions
More comprehensive risk insights and smarter portfolio strategies
Faster Breakthroughs
Higher success rates and more efficient drug development
Impact Sectors
Defense
National Security
Finance
Insurance
Biotechnology
Pharmaceuticals