"The funding is made up of over £500m dedicated to helping quantum computing companies scale and develop uses for the technology in areas such as pharmaceuticals, financial services and energy. Over £400m of the overall funding is targeted to support breakthroughs in sensing and navigation, and the skills and infrastructure needed to bring these technologies to market."
"Through the procurement programme, the government aims to identify the most promising companies, which will then be invited to deliver larger-scale machines for use by scientists, researchers, the public sector and businesses, as part of the UK's national computing infrastructure."
"As part of its package of funding, the government said it will also provide an extra £13.8m to support the UK's five National Quantum Research Hubs delivered by UK Research and Innovation (UKRI). There is also support for the Quantum Software Lab based in Edinburgh, which aims to accelerate the discovery of new applications for quantum computers in sectors such as financial services, life sciences and advanced manufacturing."
The UK government is investing £1 billion over four years to establish quantum computing leadership. Over £500 million supports quantum computing companies in scaling and developing applications in pharmaceuticals, financial services, and energy sectors. An additional £400 million funds breakthroughs in sensing, navigation, skills development, and infrastructure. Specific allocations include £125 million for quantum networking and £205 million for quantum sensing and navigation. The government launches ProQure:Scaling UK Quantum Computing, a procurement programme inviting companies to develop state-of-the-art prototypes for evaluation and potential integration into national computing infrastructure. Additional funding supports five National Quantum Research Hubs, the Quantum Software Lab in Edinburgh, quantum infrastructure scaling, and skills development programmes.
#quantum-computing-investment #uk-government-funding #technology-infrastructure #quantum-applications #research-and-development
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