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Maryland highlights quantum, computational biology and navigation tech as lighthouse sectors; $27.5M proposed for quantum initiative
Summary
Commerce leaders told the Ways and Means Committee the administration will prioritize three 'lighthouse' subsectors — quantum, computational biology and position navigation and timing — and cited a capital initiative to leverage $1 billion with $27.5 million requested in the governor's budget for quantum work in College Park.
Kevin Anderson, secretary of the Maryland Department of Commerce, and Ricardo Venn, deputy secretary for innovation and growth, told the Ways and Means Committee that the administration will concentrate economic development resources on three “lighthouse” subsectors: computational biology, quantum technologies, and position navigation and timing (PNT).
Venn said the aim is to leverage Maryland’s existing federal, research and industry assets — including the University of Maryland, National Institute of Standards and Technology, the Naval Research Laboratory and NASA Goddard — to build ecosystems that can attract private investment and retain STEM graduates. He highlighted a recent announcement with the University of Maryland and…
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