Governor Hochul Announces $300 Million Investment in Quantum Research and Innovation Hub at SUNY Stony Brook

Strategic Insights -

As part of a concerted effort to propel New York State's national leadership in groundbreaking research, Governor Kathy Hochul announced a $300 million investment to establish the Quantum Research and Innovation Hub at the State University of New York at Stony Brook. This move aligns with the state's commitment to increasing research expenditures and ensuring its public higher education system has the necessary resources to thrive.

Key Takeaways:

  • The $300 million investment in the Quantum Research and Innovation Hub will be the premier facility dedicated to leading-edge research and education in quantum science and technology, with a focus on quantum communication and networking.
  • Since Governor Hochul took office in 2021, the State University of New York at Stony Brook has received $73 million in additional Direct State Tax Support operating aid and $969 million in additional State capital commitments, including the $300 million for the Quantum Research and Innovation Hub.
  • The investment will position the State University of New York at Stony Brook to become one of the premier global centers for Quantum Information Science and Technology, ensuring the United States leads the world in this critical technology area.
  • SUNY Chancellor John B. King Jr. emphasized the importance of investing in research and innovation, stating, "The State University of New York at Stony Brook is leading the way on cutting-edge research and emerging technologies, and this historic investment will accelerate efforts to ensure New York State is a global leader for generations to come."
  • The Quantum Research and Innovation Hub will build on the State University of New York at Stony Brook's current leadership in quantum science and technology, with a goal of spearheading the future of quantum computing and networking.
  • The investment is part of Governor Hochul's broader commitment to increasing research expenditures, with over $1.34 billion in State and matching private sector funding commitments for cutting-edge research across New York's leading higher education institutions over the past three years.

Statistics:

  • $300 million: The amount invested in the Quantum Research and Innovation Hub.
  • $73 million: Additional Direct State Tax Support operating aid received by the State University of New York at Stony Brook since Governor Hochul took office.
  • $969 million: Additional State capital commitments, including the $300 million for the Quantum Research and Innovation Hub.
  • $1.34 billion: Total State and matching private sector funding commitments for cutting-edge research across New York's leading higher education institutions over the past three years.
  • 2021: The year Governor Hochul took office.

Sources:

  • Governor Kathy Hochul
  • State University of New York at Stony Brook
  • SUNY Chancellor John B. King Jr.
  • SUNY Board of Trustees
  • Empire State Development President, CEO and Commissioner Hope Knight
  • State University of New York at Stony Brook President Andrea Goldsmith
  • Senate Majority Leader Andrea Stewart-Cousins
  • Assembly Speaker Carl E. Heastie
  • State Senator Toby Ann Stavisky
  • State Senator Kristen Gonzalez
  • State Senator Monica Martinez
  • Senator Anthony Palumbo
  • Assemblymember Alicia Hyndman
  • Assemblymember Rebecca Kassay
  • Assemblymember Tommy John Schiavoni
  • Steve Otis, Chair of the Assembly Science and Technology Committee