U.S. expands quantum tech export financing to counter China
H.R. 9585 — Advancing American Quantum Leadership Act of 2026 · Filed by Michael Lawler (R-NY) · 1 cosponsor · Introduced Jul 2, 2026 · Referred to committee
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What it does
This bill amends the Export-Import Bank Act to expand the types of technology the U.S. government can finance for export to counter China's technological advances. Specifically, it broadens the definition from 'quantum computing' to the wider category 'quantum information science and technology,' allowing the Export-Import Bank to finance a larger range of quantum-related exports and research partnerships.
Why we flagged it
The bill's sole operative function is to broaden the scope of quantum technologies eligible for Export-Import Bank financing under the existing China competition program. It is a technical amendment that expands an existing export-promotion mechanism.
What the text implies
- Expands Ex-Im Bank's role in quantum technology competition with China, potentially increasing government exposure to quantum sector market risk and export volatility.
- Broadening from 'quantum computing' to 'quantum information science and technology' may include quantum sensing, quantum communications, and quantum metrology — technologies with dual-use (civilian and defense) applications, potentially entangling export financing with national security considerations.
The full analysis lists 3 implications of this text.
Who stands to gain
quantum technology companies and manufacturers; quantum computing firms; quantum sensor and communications manufacturers