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The European Union is making a lot of money available to become a world leader in the field of quantum computing. Over the next ten years, as many as 5 000 European researchers in quantum technology will have to be funded.

This will take place within the Quantum Technologies Flagship, which was announced today. Within the initiative, researchers will have the opportunity to investigate quantum technology and to look at its commercial implementations. The aim is to eventually develop a quantum web, in which quantum computers, simulators and sensors are connected to each other via a quantum communication network.

Twenty investigations

In the first instance, funds are available within the initiative for twenty projects. They will have a joint budget of 132 million euros up to 2020. The Horizon 2020 programme, as it is called, will focus on four areas: quantum communication, computing, simulation and methodology.

More than a third of the participants in the project are industrial companies, according to a press release issued by the European Commission. Europe is determined to become a global leader in the development of quantum technology, says Andrus Ansip, Commission Vice-President of the Digital Single Market. The Quantum Technologies Flagship project is part of our ambition to consolidate and expand European scientific excellence. If we are to unlock the full potential of quantum technology, we need to develop a solid industrial base to make the most of our research.

Whereas 132 million euros will be available for the Quantum Technologies Flagship by 2020, almost another 900 million euros will be spent on quantum research by 2021. The hope is to be able to support another 130 projects.

This news article was automatically translated from Dutch to give Techzine.eu a head start. All news articles after September 1, 2019 are written in native English and NOT translated. All our background stories are written in native English as well. For more information read our launch article.