To amend the Export-Import Bank Act of 1945 to include quantum information science and technology in the areas covered by the Program on China and Transformational Exports.
HR9585 (To amend the Export-Import Bank Act of 1945 to include quantum information science and technology in the areas covered by the Program on China and Transformational Exports.) has been assessed with a bullish outlook for investors. The primary sectors impacted are Technology. View the full bill text on Congress.gov.
bullish
Market Sentiment
6/10
Impact Score
1
Sectors Impacted
Key Takeaways for Investors
1
HR9585 signals legislative intent to support US quantum tech exports via Export-Import Bank financing.
2
An executive order on post-quantum cryptography creates complementary domestic demand.
3
Pure-play quantum companies (IONQ, RGTI, QBTS, ARQQ) are best positioned to capture tailwinds.
4
Bill is early stage; no immediate revenue impact, but thematic support strengthens.
How HR9585 Affects the Market
The quantum sector has limited public equity exposure, but pure-play names (IONQ, RGTI, QBTS, ARQQ) trade on news sentiment and long-term government support. The executive order and this bill reinforce that the US is prioritizing quantum technology. Expect continued volatility, with potential upside on any legislative progress. Diversified tech (IBM, GOOGL) see minimal direct impact due to their scale and existing quantum investments.
HR9585, a bill to include quantum information science in the Export-Import Bank's China-focused program, is an early-stage authorization with no direct funding. However, it signals government intent to support US quantum exports. Combined with a recent executive order on post-quantum cryptography, the bill reinforces bullish tailwinds for pure-play quantum computing companies (IONQ, RGTI, QBTS, ARQQ).
Over the last 90 days, 32 separate government actions have converged on Quantum Computing / PQC. What that means: federal dollars are already moving — agencies are soliciting bids and awarding contracts, not just talking, and legislation and executive action are building the policy and funding tailwind behind it. When independent channels move together like this — 26 patents, 3 procurement notices, 2 executive actions and 1 bills — it's the clearest early tell that Washington is committing to quantum computing / pqc, the kind of build-up that reshapes the sector well before it's obvious in the headlines.
Converging government actions
ContractUNIVERSITY OF MARYLAND, COLLEGE PARK: SECURING EXPERIMENTAL QUANTUM COMPUTING USAGE IN RESEARCH ENVIRONMENTS (SEQCURE) QUANTUM COMPUTING ENVIRONMENT QUANTUM COMPUTER AND QIST RES · 2024-12-12
Procurement noticeRFQ: Keysight Calibration System · 2025-06-02
Procurement noticeSources Sought USAFA Frequency Counters · 2025-06-24
Procurement noticeProgram Solicitation: Heterogeneous Architectures for Quantum (HARQ) · 2025-10-24
Full AI Market Analysis
On July 2, 2026, Rep. Michael Lawler (R-NY-17) introduced HR9585, which amends the Export-Import Bank Act of 1945 to add quantum information science and technology to the Program on China and Transformational Exports. The bill is in early stage, referred to House Financial Services. It does not appropriate funds; it authorizes the Export-Import Bank to finance quantum technology exports, potentially lowering financing costs for US quantum companies selling internationally.
The money trail is indirect: Ex-Im Bank financing is not a direct grant but a government guarantee/loan that reduces buyer risk. If appropriated, the Bank's lending capacity would expand. The likely beneficiaries are pure-play quantum hardware and software firms that export or plan to export.
Convergence: Just 11 days prior, the President signed an executive order 'Securing the Nation Against Advanced Cryptographic Attacks,' mandating federal transition to post-quantum cryptography. This executive order drives government and contractor spending on quantum-safe solutions, while HR9585 facilitates overseas sales. Together, they form a coherent push to strengthen US quantum technology position, both domestically and abroad.
Structural winners are pure-play quantum companies (IONQ, RGTI, QBTS, ARQQ) with direct exposure to quantum computing and cryptography products. Diversified tech giants (IBM, GOOGL, MSFT) also benefit but less proportionally due to massive revenue bases. The bill is early; final passage is uncertain. Key steps: committee markup, House vote, Senate referral, potential amendment. No timeline for floor action.