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Hamburg Enters Tеch Arms Race with Quantum Computing Investment

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Insider Brief:

  • The city of Hamburg will try to build upon current expertise and establish a dedicated Hamburg Quantum Computing School.
  • The authorities will provide around 34.1 million euros between 2023 and 2028.
  • The Hamburg Quantum Computing School would help to build expertise and create a full ecosystem that includes scientists and hardware specialists, software and applications of quantum computers.

PRESS RELEASE — Hamburg, Germany/October 26, 2022 — Yesterday, Hamburg authorities announced a new package of measures to fund a quantum computing ecosystem in the city. The authorities will provide around 34.1 million euros between 2023 and 2028. According to a press statement, Hamburg has a leading role in Germany when it comes to building the next generation of computing, but the sector urgently needs more trained personnel.

This is why, with the help of the Authority for Science, Research, Equality and Districts (BWFGB) and the Authority for Business and Innovation (BWI), the Hanseatic city will establish Hamburg Quantum Computing School, as well as new logistic centres that can take advantage of the technology to boost the region’s role as a hub for shipping.

Quantum Computers are supposed to play a major role in the future, as they have the processing power to do large calculations much faster than regular computers. This has a wide range of applications, be it in logistics, climate science or medicine.

The new package of measures

The lion’s share of the funding will go towards establishing the Hamburg Quantum Computing School — 19.1 million euros. The school will be run through a joint operation between the University of Hamburg and the Hamburg University of Technology.

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The University of Hamburg already operates the Center for Optical Quantum Technologies (ZOQ) and has slowly been building up qualified personnel. Today, ZOQ is considered one of the few places in the world where research groups can build the next generations of quantum computers.

The Hamburg Quantum Computing School, on the other hand, would help to build upon that expertise and create a full ecosystem that includes scientists and hardware specialists, software and applications of quantum computers.

One of the other fields of investment will be the project “Quantum computing for shipping and maritime logistics in Hamburg (QSH)” at the Fraunhofer Center for Maritime Logistics and Services. The Fraunhofer Centre wants to research complex problems in the maritime economy and ways to optimise logistics, using these powerful supercomputers.

Three million euros will flow into the expansion of the Hamburg Quantum Innovation Capital Initiative (HQIC) and the remaining ten million euros into the quantum computing funding initiative to promote research and development in the field.

For more market insights, check out our latest quantum computing news here.

SOURCE: themayor.eu

James Dargan

James Dargan is a writer and researcher at The Quantum Insider. His focus is on the QC startup ecosystem and he writes articles on the space that have a tone accessible to the average reader.

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