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German Ministry of Education and Research Awards €12.4 Million Grant to IQM Quantum Computers-led Consortium for Quantum Processors

quantum grant
quantum grant
Germany’s Federal Ministry of Education and Research awards 12.4 million euro grant to quantum computing consortium.

Europe has always been excellent in academic research, but over the past few decades commercializing research projects has been slow compared to international competition. This is starting to change with quantum technologies. As one of the largest efforts in Europe and worldwide, Germany announced €2 billion funding into quantum programs in June 2020, from which €120 million are invested in this current round of research grants.

Today, IQM announced a Quantum project consortium that includes Europe’s leading startups (ParityQC, IQM), industry leaders (Infineon Technologies), research centers (Forschungszentrum Jülich), supercomputing centers (Leibniz Supercomputing Centre), and academia (Freie Universität Berlin) has been awarded €12.4 million — about $15 million US — from the German Ministry of Education and Research (BMBF).

The scope of the project is to accelerate commercialization through an innovative co-design concept. This project focuses on application-specific quantum processors, which have the potential to create a fastlane to quantum advantage. The digital-analog concept used to operate the processors will further lay the foundation for commercially viable quantum computers. This project will run for four years and aims to develop a 54-qubit quantum processor.

“As Europe’s leading startup in quantum technologies, this gives us confidence to further invest in Germany and other European countries.”

The project is intended to support the European FET Flagship project EU OpenSuperQ, announced in 2018 which is aimed at designing, building, and operating a quantum information processing system of up to 100 qubits. Deploying digital-analog quantum computing, this consortium adds a new angle to the OpenSuperQ project and widens its scope. With efforts from Munich, Berlin and Jülich, as well as Parity QC from Austria, the project builds bridges and seamlessly integrates into the European quantum landscape.

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”The grant from the Federal Ministry of Education and Research of Germany is a huge recognition of our unique co-design approach for quantum computers. Last year when we established our office in Munich, this was one of our key objectives. The concept allows us to become a system integrator for full-stack quantum computers by bringing together all the relevant players. As Europe’s leading startup in quantum technologies, this gives us confidence to further invest in Germany and other European countries,” said Jan Goetz, CEO of IQM Quantum Computers.

As a European technology leader, Germany is taking several steps to lead the quantum technology race. An important role of such leadership is to bring together the European startups, industry, research and academic partners. This project will give the quantum landscape in Germany an accelerated push and will create a vibrant quantum ecosystem in the region for the future.

“DAQC is an important project for Germany and Europe. It enables us to take a leading role in the area of quantum technologies. It also allows us to bring quantum computing into one of the prime academic supercomputing centres to more effectively work on the important integration of high-performance computing and quantum computing. We are looking forward to a successful collaboration,“ said Martin Schulz, Member of the Board of Directors, Leibniz Supercomputing Centre (LRZ).

— From IQM Quantum Computers

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With a several-decades long background in journalism and communications, Matt Swayne has worked as a science communicator for an R1 university for more than 12 years, specializing in translating high tech and deep tech for the general audience. He has served as a writer, editor and analyst at The Quantum Insider since its inception. In addition to his service as a science communicator, Matt also develops courses to improve the media and communications skills of scientists and has taught courses. [email protected]

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The Future of Materials Discovery: Reducing R&D Costs significantly with GenMat’s AI and Machine Learning Tools

When: July 13, 2023 at 11:30am

What: GenMat Webinar

Picture of Jake Vikoren

Jake Vikoren

Company Speaker

Picture of Deep Prasad

Deep Prasad

Company Speaker

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