Home Tech Germany spends $2.4 billion developing quantum computers and related technologies

Germany spends $2.4 billion developing quantum computers and related technologies

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Germany will spend around 2 billion euros ($2.4 billion) to support the development of the first quantum computer and related technologies over the next four years, according to the German Economy and Science Ministries.

Germany will focus on developing the first quantum computer and related technologies. Illustration: Reuters The German Science Ministry will spend 1.1 billion euros until 2025 to support research and development of quantum computers, while the Economy Ministry will spend 878 million euros to support practical applications. The German Aerospace Center will receive about 740 million euros to work with industrial companies, medium-sized enterprises and start-ups to create two business complexes. According to Economy Minister Peter Altmaier, quantum computers have the potential to revolutionize key industrial sectors of the economy. He pointed out that applications are in areas such as improving the quality of energy supply and demand management, improving traffic control and promoting the testing of new active ingredients. Mr. Altmaier said Germany’s goal is to become one of the leading countries in the development and application of quantum computers. Meanwhile, Science Minister Anja Karliczek said the government’s goal is to develop a competitive quantum computer within five years and create a network of companies in the field to develop. outstanding applications.