IQM Led Consortium Receives €12.4 Million ($15.0M USD) to Develop Application Specific Quantum Processors

The funding was provided by the German Federal Ministry of Education and Research, abbreviated BMBF. Besides IQM additional participants include ParityQC, Infineon, Forschungszentrum Jülich, Leibniz Supercomputing Center, and Freie Universität Berlin. The project, codenamed DAQC (Digital-Analog Quantum Computer) will develop a 54 qubit quantum processor over a four year period. Although IQM is headquartered in […]

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