New York invests $300 million in Stony Brook quantum hub

New York State ranks second in the nation in quantum-related businesses, research groups, and patents. A study announced on October 23 places the state behind California across all three measures.

Governor Kathy Hochul revealed the findings while outlining a $360 million investment strategy for the sector. The plan directs $300 million to the Quantum Research and Innovation Hub at the State University of New York at Stony Brook. An additional $60 million will establish up to four Regional Quantum Technology Commercialization Hubs.

The report, titled the Quantum Technology Landscape Study, was commissioned by Empire State Development’s Division of Science, Technology and Innovation, known as NYSTAR. The study partnered with Quantum Insider to identify 134 quantum-related operating entities, 219 research groups, and 734 patent families across the state’s 10 regions. New York is one of only two states with capabilities spanning the entire quantum technology value chain, from fundamental research to commercial applications.

Hochul stated that the investment aims to turn potential into progress. She noted that the state possesses world-class research institutions and advanced manufacturing capabilities. The goal is to bring new technologies to market, attract private investment, and create good-paying jobs across New York.

SUNY Chancellor John B. King Jr. said the State University of New York is driving research innovation. He cited strong support from state leaders and investment in researchers and state-of-the-art facilities. King noted that Stony Brook, along with SUNY centers at Buffalo, Binghamton, and Albany, is leading the way on quantum technology.

Stony Brook’s hub will serve as a centerpiece of the state’s expanding quantum ecosystem. It will support collaboration among academic researchers, startups, established companies, and government partners. The initiative builds on the university’s expertise in quantum information science and quantum networking. Potential applications include secure communications, health care, and advanced computing.

The study estimates that the combined $360 million investment could generate between $2.3 billion and $5 billion in economic activity. The investment is projected to support between 7,200 and 10,100 job-years through 2036. NYSTAR partners with Stony Brook University to fund key research centers and industry collaboration. Existing NYSTAR programs at the university include the Center for Biotechnology and the Center for Grid Innovation Development and Deployment.