Phasecraft to Establish U.S. Headquarters in Arlington, Virginia

Insider Brief

• Phasecraft plans to establish its U.S. headquarters in Arlington County, Virginia, with a $113,000 investment expected to create 19 new jobs.
• The quantum algorithms company will use the Virginia office to expand its work with industry and government stakeholders and access the region’s research and technology ecosystem.
• Phasecraft’s U.S. expansion follows partnerships with DARPA’s Quantum Benchmarking Initiative and ARPA-E’s Quantum Computing for Computational Chemistry program.

PRESS RELEASE — Governor Abigail Spanberger today announced that Phasecraft — a leading quantum algorithms company — plans to create 19 new jobs through a $113,000 investment in Arlington County. Founded by researchers from the United Kingdom’s quantum science community, Phasecraft develops algorithms for quantum computers. Their solutions have applications in pioneering areas including materials simulation, chemical reaction modeling, and optimization, aiming to bridge the gap between theoretical quantum computing and tangible industrial applications.

“Virginia continues to grow as a global hub for cutting-edge companies and groundbreaking technologies,” said Governor Abigail Spanberger. “I’m thrilled to welcome Phasecraft to the Commonwealth and look forward to seeing all they accomplish as they grow and build on Virginia’s world-class innovation ecosystem. This investment will create new high-tech jobs, attract other leading companies to Virginia, and strengthen the Commonwealth’s growing role in bringing next-generation technologies to market.”