ALBUQUERQUE, N.M. (KRQE) – Boston-based QuEra Computing, a company at the cutting edge of quantum tech, announced it is expanding to Albuquerque. The company has international locations; this will be its second U.S. headquarters. 

QuEra’s Chief Commercial Officer Yuval Boger said the company plans to make New Mexico a long-term home. “We hope to be part of the state for many, many years to come and really to grow our presence there in a very significant way,” said Boger. 

QuEra builds quantum computers, which are considered the next generation of computing. The technology is still in the research and development phase,  but experts say once they’re ready, they could solve complex problems far faster than today’s supercomputers.

Yuval said there are three types of problems quantum computing is working to solve: optimization, simulation, and machine learning. So this can mean finding ways to optimize delivery routes, stabilizing power grids, simulating new drugs, and advancing machine learning ability to classify data faster than ever before. 

The state’s Economic Development Department (EDD) says winning over QuEra is the result of a $25 million investment in a “quantum hub” in downtown Albuquerque, an effort led by Roadrunner Venture Studios. 

The EDD’s Office of Technology and Innovation Director Nora Sackett said, “Quantum computing and quantum sciences in general are going to accelerate technology development and accomplishments for all of society. And so, we want to make sure that the economic impact of all that work happens here in New Mexico.”

Adam Hammer, CEO and co-founder of Roadrunner Venture Studios, says his mission is to create technology businesses that are critical to American security and competitiveness. He describes the 2023 company as a “company creation factory. Hammer said QuEra could be a magnet for the state, drawing in quantum startups by offering a unique, low-cost testing facility for product development.

Hammer said, “Right now we’re reaching a critical inflection point where quantum is starting to be commercialized.”

He said QuEra’s testbed is going to help advance the commercialization of quantum technology. “The test bed is going to be open to founders and builders and innovators,” said Hammer. “The idea is that it’s an open space for companies small and large to productize, to test their equipment, to test their solutions. It is an open facility for that purpose.”

Hammer said it’s critical infrastructure that the state has been missing. “Critical infrastructure that’s important to spinning out technologies out of the national labs, out of UNM, and really being a vortex for creativity and an attraction for founders, researchers, and builders who want to create something in quantum,” said Hammer. 

With things like data centers vying to set up shop in New Mexico, there are some concerns that these high-tech companies will use a lot of power and resources.

But QuEra’s unique technology promises its facility will operate on only 10 to 15 kilowatts of power. “Ten kilowatts of power is equivalent to running four hair dryers at once. So if you’re home, can run four hair dryers, you probably have enough electricity to run our quantum computer,” said Boger. 

The state has promised $4 million in economic development funds to help QuEra locate to New Mexico. 

Copyright 2026 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

For the latest news, weather, sports, and streaming video, head to KRQE NEWS 13 – Breaking News, Albuquerque News, New Mexico News, Weather, and Videos.