Germany’s Action Plan for Quantum Technologies announced last may 1 is to invest a total of 3 billion euros in the development of a universal quantum computer by 2026, according to the federal government’s “concept of action for quantum technologies,” German media reported.
Of the 3 billion euros, the Research Ministry will receive 1.37 billion euros, while another 800 million euros will be allocated to the budgets of state-funded research institutes. The Council of Ministers is expected to launch the project by the end of April.
Federal Research Minister Bettina Stark-Watzinger said quantum technology is crucial to Germany’s technological sovereignty. The goal is for the development of a quantum computer to trigger further investment in the field.
The planned German quantum computer should have a capacity of at least 100 qubits by 2026 and be expanded to 500 qubits “in the medium term.” This is a smaller capacity than, for example, IBM’s in 2022. However, with total funding of about three billion euros, German technology journalists suggest that Germany is positioning itself at the top of the European comparison.
Germany’s economy would also benefit from software development, component construction and the use of quantum technology, says Wilhelm-Mauch, Professor of Physics at Saarland University.
Below is the link to official paper: