Federal, state, and local leaders and partners gathered to reveal the Illinois Quantum and Microelectronics Park’s (IQMP) location at USX on the South Side of Chicago and announce the quantum campus’ first anchor tenant – PsiQuantum. As the leading quantum computing company focused on building the first useful, error-corrected quantum computer, PsiQuantum will drive innovation, competitive research, and economic growth in Illinois. Through PsiQuantum’s 300,000-square-foot footprint at the IQMP, with room to grow, the company will work with customers, including Fortune 500 companies, to identify problems and develop fault-tolerant algorithms that will run on the IQMP system to deliver answers to customers. At least 150 new PsiQuantum jobs will be created at the IQMP, including system maintenance engineers, mechanical engineers, cryogenic plant technicians, test and assembly managers, and non-technical roles in finance, sales, supply chain, human resources, and more. The Chicago site has 128 acres ready for immediate development and an additional 312 acres available for expansion. Its strategic location near Lake Michigan and the Calumet River will provide the water sources needed for cooling, and the site can accommodate the 200MW of power needed. IQMP is projected to generate up to $20 billion in economic impact and create thousands of jobs. Additional tenants will be announced in the coming months.