Quantum funding only a part of the solution, EU experts say
The upcoming Quantum Act is expected to help boost research and innovation, strengthen Europe’s industrial capacity and improve the resilience of the quantum supply chain. Read more: Quantum funding only a part of the solution, EU experts say
Europe's Quantum Moment: From Lab to Leadership. High-level discussions took place in Brussels to explore the next phase of the EU's quantum development. Speakers emphasized the need to convert scientific expertise into industrial leadership across the single market. Between 2020 and 2025, the EU committed €2bn to quantum technologies, with an additional €9bn from member states.
In comparison, the US invested $2bn in federal incentives for quantum foundries and computing firms. Europe boasts strong research and companies in quantum computing, sensing, photonics, cryogenics, and software, with 80% of EU quantum computers' components originating from the region. However, research remains fragmented, leading to duplication and talent gaps.
The EU's upcoming Quantum Act aims to boost research, enhance industrial capacity, and improve quantum supply chain resilience. The act is expected to present by the year's end. Talent acquisition, including software engineers and product managers, is crucial for Europe to become a global quantum leader.
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