03/05/2026
Chicago continues to attract major innovation and research investment.
With the future Illinois Quantum & Microelectronics Park on the horizon, companies are already establishing operations across the city while the campus takes shape. Developments like this don’t just create technology breakthroughs — they bring jobs, investment, and long-term growth to our region.
Exciting to watch Chicago continue to evolve.
Before the first building rises at the Illinois Quantum & Microelectronics Park on the former South Works site, the companies slated to anchor it are already planting flags across Chicago.
From mHub on the Near West Side to Hyde Park Labs and the University of Illinois’ downtown outpost, quantum startups and corporate giants are setting up temporary homes as they wait for the 128-acre campus on Lake Michigan to take shape.
mHub, an advanced-manufacturing incubator on the Near West Side, is building out space within its Deep Tech Lab for quantum companies such as Diraq and Quantum Machines.
The University of Illinois Discovery Partners Institute downtown will be host to Pasqal, a French quantum startup that plans to locate its U.S. headquarters here.
IBM, which plans to set up the National Quantum Algorithm Center at the quantum park, already is installing one of its quantum computers at the UChicago Science Incubator at Hyde Park Labs, a new lab and research facility. It’s also home to memQ and stac12.
Read more here: https://www.chicagobusiness.com/technology/illinois-quantum-pritzker-uchicago-university-of-illinois-mhub/?utm_source=facebook&utm_medium=soc-own
