The European Union has invested €65 million in quantum chip research, marking a significant step forward in the development of frontier technologies. This funding is part of a larger €200 million investment in quantum chips over the next three years through the Chips Joint Undertaking (Chips JU). The initiative aims to enhance innovation in Europe and establish a manufacturing supply chain for quantum chips on the continent. Quantum chips have far-reaching potential, with applications including solving complex optimization problems, accelerating drug discovery, enhancing cybersecurity, and improving artificial intelligence and machine learning algorithms. The call for proposals is open until January 21, 2025, and will select projects for development and manufacturing of quantum technologies. This investment builds on the experiences of the ECSEL Joint Undertaking and the Photonics Public-Private Partnership, and will include pilot lines on cutting-edge technologies such as sub-10nm low-power transistors and wide band-gap materials.
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