Overview of the European Commission’s Quantum Technology Initiative
The European Commission has unveiled a strategy to boost quantum technologies within the European Union by 2030, focusing on addressing fragmented efforts among member states and competing with China and the United States in attracting private investment.
Fragmented Support and Limited Private Capital
Henna Virkkunen, the European Commission’s vice-president for Technology and Security Democracy, highlighted the vulnerability of the EU’s industrial system due to fragmented support from member states and limited access to private capital compared to the US and China.
- Private Investment Gap: The EU only attracts 5% of global private funds, while the US receives 50%. Although Europe excels in public investment for quantum technologies, private investment remains insufficient.
- Urgency for Action: Virkkunen emphasized the need to address this gap, as it leaves European emerging companies vulnerable and prone to acquisition by foreign entities or relocation to regions with more available funds.
Key Components of the Quantum Technology Strategy
To tackle these challenges, Virkkunen plans to introduce a Quantum Law for adoption in 2026, alongside other initiatives such as:
- European Quantum Competence Academy: Establish a central point of contact for quantum competencies across the EU.
- Expansion of Quantum Competence Networks: Increase the number of quantum competence groups throughout the EU.
Quantum Technologies in Space and Defense
The European Union aims to develop a quantum technology roadmap in space collaboration with the European Space Agency. This strategy also seeks to contribute to Europe’s defense technology strategy, as quantum technologies have the potential to revolutionize economies and offer dual-use potential for defense and security.
Quantum Research and Innovation Initiative
The European Commission plans to launch the Quantum Europe Research and Innovation Initiative, a joint effort by the EU and member states to support foundational research and develop applications in key public and industrial sectors.
Quantum Design Facility and Pilot Chip Lines
The strategy includes establishing a quantum design facility and six pilot chip lines, backed by up to €50 million in public funding, to transform scientific prototypes into manufacturable products.
Key Questions and Answers
- What is the main goal of the European Union’s quantum technology strategy? The EU aims to become a leading industrial power and global market leader in quantum technologies, leveraging its long-term scientific leadership.
- Why is private investment crucial for the EU’s quantum technology development? Insufficient private investment leaves European emerging companies vulnerable and prone to acquisition by foreign entities or relocation to regions with more available funds.
- What role will the European Space Agency play in this strategy? The EU intends to collaborate with the European Space Agency to develop a quantum technology roadmap in space.
- How will the Quantum Europe Research and Innovation Initiative support quantum technology development? This initiative will back foundational research and develop applications in key public and industrial sectors.
