New quantum tech park opens in Denver, creating thousands of jobs

On Monday, Gov. Jared Polis and Department of Commerce City Deputy Secretary Don Graves broke ground on a new Quantum Tech Park in Arvada, Colorado. Spanning 70 acres, this park aims to enhance quantum technology and research in the state. The initiative is expected to generate approximately 10,000 new jobs by 2030, with a significant portion of these positions not requiring advanced degrees, thus broadening employment opportunities for a diverse workforce. The Colorado School of Mines has acquired the site and is collaborating with Elevate Quantum to foster the growth of the quantum industry. This partnership is part of a broader strategy to position Colorado as a leader in quantum technology, which is seen as pivotal for addressing complex problems that current computing technologies cannot solve. Gov. Polis emphasized the urgency and importance of this project, stating that it is crucial for Colorado to maintain its leadership in the quantum sector. The state has been proactive in its efforts, particularly after receiving federal recognition for its TechHubs initiative, which aims to support emerging technologies. The establishment of the Elevate Quantum Tech Hub is viewed as a significant step towards economic prosperity in Colorado. It reflects a commitment to innovative economic strategies that will benefit various regions across the country, ultimately contributing to the advancement of critical technologies and the overall economic landscape.