The Norwegian Government has announced a new investment in quantum technology, committing a total of NOK 1.1 billion ($100 million USD) over five years. This new funding package of NOK 750 million ($70 million USD) is in addition to an ongoing annual investment of NOK 70 million ($6.5 million USD). The initiative’s goal is to develop the Norwegian quantum industry, strengthening national competitiveness and security. The announcement was made by Prime Minister Jonas Gahr Støre, Minister of Digitalisation Karianne Tung, and Minister of Research and Higher Education Sigrun Aasland in Trondheim.
The initiative aims to mobilize major companies to build and lead an industrially anchored technology community for commercial quantum technology. The Research Council is tasked with designing the details of the initiative and announcing it in 2026. The funding is intended to promote closer cooperation between research and business in Norway and focuses on the possibility of using quantum technology in new computers, communication networks, and new sensors to solve complex problems.
The announcement was presented at KONGSBERG’s facilities, a technology company that has been focusing on quantum technology. KONGSBERG executives referenced an advanced gyro compass for resilient navigation, which uses quantum technology to enhance performance for use in GNSS-denied environments and long-distance underwater voyages. The investment is intended to ensure Norway develops competencies in the technology and identifies product opportunities and supply chains, with a preference for the Nordic countries.
Read the full announcement in Adressa.no here and Kongsberg.com here.
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