Caltech Awarded $12.6 Million for New Institute for Quantum Information and Matter

"The unrestricted funds provided by the Moore Foundation had a dramatic effect on the decision to fund this Physics Frontiers Center," says Caltech president Jean-Lou Chameau. "That discretionary funding allowed the provost to provide seed money to what might otherwise have been considered a somewhat risky, unconventional field of study. Now, it is one of our most exciting and rapidly growing research initiatives."