Overview

• Assembly Bill 940 directs the Governor’s Office of Business and Economic Development to publish a statewide strategy to grow the quantum economy aligned with the state’s Jobs First Economic Blueprint.
• UC Berkeley hosted the bill signing at a national quantum research hub, and AB 940 enables local “quantum innovation zones” to attract and retain companies built on quantum information science.
• Senate Bill 80 creates the Fusion Research and Development Innovation Initiative, allocating $5 million to advance fusion R&D and support a path toward a pilot project targeted for the 2040s.
• The Governor also announced $4 million in the 2025–26 budget to bolster quantum research and innovation across the state.
• The policy push comes as competition for projects intensifies, highlighted by Pacific Fusion choosing a $1 billion site in Albuquerque over Bay Area proposals earlier this week.