Catalyst calendar
The repricing schedule is mostly public if you actually look at it.
AllI · Cryogenics & dilution refrigeratorsII · Helium-3 & cryogen supplyIII · Isotopes & quantum materialsIV · Control electronics & cryo-CMOSV · Lasers & precision photonicsVI · Ultra-high vacuum systemsVII · Qubit fabrication & foundryVIII · Classical co-processing & error correctionIX · Platform pure-playsX · Private giants & exposure vehicles
July 2026
- 30EarningsLINLinde Q2 2026 earningsFirst read on helium volumes/pricing from the largest liquid-helium distributor, plus any backlog commentary on quantum-dedicated cryoplants like the PsiQuantum Brisbane build.
August 2026
- 14EarningsASPIASP Isotopes Q2 2026 earnings and Renergen helium production updateFirst full quarter of consolidated Renergen results — the Phase 1 liquid-helium ramp at the Virginia Gas Project is the nearest-term new-cryogen-supply proof point for this chokepoint.
September 2026
- 30PolicyNational Quantum Initiative Reauthorization Act (H.R. 8462) House floor voteCleared committee April 29, 2026; the companion Senate bill routes ~$2.5B of quantum R&D through DOE — the same department whose Isotope Program rations He-3 — so passage directly scales fridge and He-3 demand.
December 2026
- 15ProgramDARPA Quantum Benchmarking Initiative Stage C selectionsStage B (11 companies, began November 2025) is a yearlong evaluation feeding Stage C down-selects; only four of the eleven — IonQ, Quantinuum, Atom Computing, QuEra — are trapped-ion or neutral-atom machines, and those are the laser-hungry ones whose survival would ramp narrow-linewidth laser and AOM orders.