Ten German corporations have come together to form the Quantum Technology and Application Consortium (QUTAC). The founding members include BASF, BMW Group, Boehringer Ingelheim, Bosch, Infineon, Merck, Munich Re, SAP, Siemens, and Volkswagen and have a goal to develop and promote the application of quantum computers for usable industrial applications. The group is looking for technological sovereignty and will work to bring together researchers and industry together to benefit the German and European economies. Activities of the consortium will be to identify, develop, test, and share applications for quantum computing as well as identify funding needs. The consortium has been endorsed by German government officials. In a recent Stimulus and Future Package created by the German government, they have committed to supply almost €2 billion over a five year period to support quantum computing R&D. Additional information is available in a press release announcing the formation of QUTEC here and you can also visit QUTAC’s new website here.
June 11, 2021