Government provides ₹150 crore to QNu Labs for quantum-secure technology
The Technology Development Board (TDB) of the Department of Science & Technology announced on 16 October 2026 that it has signed an agreement to provide ₹150 crore in financial support to QNu Labs Private Limited. This funding, provided as Optionally Convertible Debt, is part of a ₹300 crore project to build an indigenous technology backbone for India’s Quantum Secure and Sensing Networks (IQSN).
Source details
- Issued by
- Technology Development Board (TDB), Department of Science & Technology (DST), Government of India
- Published on
- Press Information Bureau, pib.gov.in (Press releases)
- File hosted on
- www.pib.gov.in, the government's file server for pib.gov.in
- Dated
- 16 October 2026
- The link opens
- The original press release on the government website, in a new tab, unchanged.
- Our check
- Drafted from the release text and checked by software. Not yet reviewed by a person.