Bavarian Government Planning a €300 Million ($362M USD) Investment to Establish a Munich Quantum Valley
dougfinke2021-12-31T15:21:25-08:00The German Free State of Bavaria will work with the Bavarian Academy of Sciences and Humanities, the Fraunhofer-Gesellschaft, the Ludwig Maximilian University of Munich, the Max-Planck-Gesellschaft and the Technical University of Munich to perform research, development, and education and training in quantum science and technology. Of the €300 million, they plan on spending €120 million ($145M USD) in 2021 and 2022. Additional funds may also come from the German federal government as part of the country's €2 billion stimulus package to support the development of quantum technology in Germany. As a part of this program a Centre for Quantum Computing and Quantum Technologies (ZQQ) [...]