Mayor Mamdani Announces New NYU Quantum Fabrication Facility, First-of-its-Kind Partnership to Give City a Stake in Emerging Industry
From left to right: NYU President Linda Mills, NYC EDC President & CEO Anthony Shorris, Mayor Zohran Mamdani, NYU Board Chair Evan Chesler, Councilmember Rita Joseph, Deputy Mayor Julie Su, Assemblymember Deborah Glick, Manhattan Borough President Brad Hoylman-Sigal, Assemblymember Grace Lee, NYU EVP for Global Science & Technology and NYU Tandon Executive Dean Juan de Pablo, Councilmember Harvey Epstein
Mayor Zohran Kwame Mamdani, Deputy Mayor for Economic Justice Julie Su and New York City Economic Development Corporation (NYCEDC) President and CEO Anthony Shorris today announced the city will award $29.2 million to New York University (NYU) to establish a cutting-edge Quantum Fabrication Facility (QFab), putting New York City at the front of the emerging quantum technology field. As part of the Mamdani administration’s investment, the city will receive board seats at QFab as well as a stake in new technologies that emerge from QFab, a first-of-its-kind agreement that will allow the City to help shape this emerging technology for the public good.
“Right now, at subatomic levels that we can only glimpse, new technologies are being developed that will transform how we fight disease, store energy, and exchange information. We want those technologies, investments and jobs to be created here in New York City — and we want New Yorkers to have a say and a share in their success. With this new quantum lab, we are bringing that vision to life,” said Mayor Mamdani.
