The bill aims to develop the quantum technology industry in Washington State as a means of enhancing economic growth and workforce development. It recognizes the transformative potential of quantum technologies across various sectors, including healthcare, energy, and security, and highlights the urgency for Washington to establish a competitive edge in this emerging field. The bill outlines the necessity for a state quantum strategy that will identify funding opportunities, promote public-private partnerships, and leverage private donations to secure additional grants for the industry.
To implement this strategy, the bill mandates the development of a comprehensive state quantum technology strategy by the relevant department. This strategy will encompass an overview of the current industry landscape, projected growth, and specific initiatives to boost job creation and investment. It will also explore partnerships with academia and industry, analyze state policies for growth opportunities, and identify research and development prospects. The strategy is required to be submitted to the legislature by June 30, 2026, and the provisions of this section will expire on August 1, 2027.