States started taking equity.
For decades, government support for quantum computing meant research grants and patient science. In the span of a few weeks in spring 2026, that posture changed in nature: equity stakes, national programs, and the first hard regulatory deadlines.
UK ProQure
GBP 2BThe UK's national quantum program, part of a broader wave of sovereign quantum funding.
May 21, 2026US takes equity
$2BLetters of intent across 9 quantum firms, in exchange for minority equity. The federal government became, structurally, a venture investor in quantum.
May 22, 2026France responds
EUR 1BAn immediate top-up of the national quantum strategy, announced by Macron at the CEA, in a speech naming the US and China as the only other countries with comparable technological breadth.
June 16, 2026France targets a qualification deadline
2027ANSSI, France's cybersecurity agency, says it aims to require post-quantum cryptography for security products entering its qualification scheme from 2027, and that buying products without it "will not be reasonable" after 2030. Its approvals are a de facto requirement for French government agencies and critical infrastructure operators.
July 9, 2026Switzerland's regulator sets a date
8%FINMA Guidance 05/2026 expects supervised institutions to have a post-quantum cryptography roadmap in place by mid-2027 at the latest. Its survey of 60 Swiss financial institutions found that only 8 percent have one today.
July 20, 2026Israel opens a national quantum call
NIS 100MThe Israel Innovation Authority opens a call for proposals, worth 100 million shekels (roughly $33 million), to establish a national quantum computing R&D infrastructure integrating at least three different quantum processing technologies. Applications close October 8, 2026.







