The German government is investing tens of millions of dollars in a consortium to help companies benefit from the latest supercomputer technology.
Berlin, November 10 October 2022 /PRNewswire/—— (GTAI) – German The Department for Economic Affairs and Climate Action (BMWK) has signed contracts with software company QMWare and cloud specialist IONOS, as well as UK universities Stuttgart Cooperate with Fraunhofer FOKUS Institute to build a quantum computing application platform for German industry. The cloud will be a first in the country.
The project, called SeQenC, will run for three years and is part of the ministry’s “Digital Technology for Business” support programme. The ministry will invest tens of millions of euros, but did not disclose specific figures.
Over the three years of the project, selected partner companies from industry and the wider economy will be invited to test applications in areas such as telecommunications, logistics, finance, automotive and energy.
The project is the latest in a series of quantum computing initiatives from BMWK. In late September, the Ministry of Industry and Information Technology announced that it would 14 million euros A prototype of a quantum processor developed based on a photonic system. BMWK has committed to invest 740 million euros throughout quantum computing.
“The German government’s investment shows how serious it is about quantum computing Germany,”Say Asha-Maria Sharma, a computing industry expert at the German Ministry of Trade and Investment, a German government agency. “These initiatives are not only Germany. They also show that a niche is emerging in the international quantum computing business European largest economy and profit from this exciting shift. “
German Trade and Invest (GTAI) is the economic promotion agency of the Federal Republic Germany. GTAI supports German companies to set up in foreign markets, promotes Germany as a place of business and assisting foreign companies in Germany.
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Source German Trade & Invest