Japan Stands Up Quantum Technology Industry Group to Boost Commercial Quantum Prospects

Ten leading German corporations recently stood up the Quantum Technology and Applications Consortium (QUTAC) to explore and promote the commercial application of quantum computing (QC) targeted for the German industrial base as a way to ensure German competitive advantage across a broad array of industries. The effort spans industrial sectors and founding members that include automotive manufacturing (Bosch, BMW, and Volkswagen), chemical and pharmaceutical (BASF, Boehringer Ingelheim, and Merck), insurance (Munich Re) and technology (Infineon, SAP, and Siemens). AIRBUS is participating as an external contributor.

On February 8, 2022, the European Commission formally proposed what's commonly referred to as the European Chips Act. The legislation plans to build on Europe's strengths and address weaknesses to develop a thriving domestic semiconductor ecosystem and resilient supply chain, while setting measures to anticipate and respond to future supply chain disruptions. In the short term, the Act seeks to bolster EU capabilities to anticipate future chips crises, strengthen manufacturing activities in the EU, and support scale-up and innovation across the whole value chain. In the mid- to long-term, it seeks to reinforce Europe's technological leadership while developing mechanisms to support transfer of knowledge from the lab to the fab and position Europe as a technology leader in innovative downstream markets.