Dutch QuantWare starts quantum chip production on home soil

"Delft-based start-up QuantWare is taking a step forward in the development of quantum technology by building the first Dutch factory for quantum chips. The company aims to capture a share of the global market for next-generation supercomputers. This is according to a background article in the FD. The factory is expected to be operational by the end of next year and will produce chips capable of operating with 10,000 qubits, a multiple of what is currently available."

"QuantWare's 10,000-qubit chips are expected to have a retail price of around 50 million euros each, writes the FD. This makes them an alternative to systems that use multiple smaller quantum chips linked together. According to QuantWare, such a chip accounts for about half of the total cost of a complete quantum computer with this computing power. By comparison, current quantum chips typically cost no more than a few hundred thousand euros."

"Quantum computing is slowly becoming available, Techzine reports in a Techzine Talks. Many cloud providers already offer opportunities to experiment. In the coming years, only big tech and scientists will have access to the power of quantum. There is fierce competition between major players such as Microsoft, IBM, and Google. They have already showcased innovations in recent months. The number of qubits is steadily increasing."

QuantWare, a Delft-based start-up, is building the first Dutch factory for quantum chips and plans to produce chips capable of operating with 10,000 qubits by the end of next year. The company intends to increase qubit counts by stacking multiple chips to surpass current commercial chips that are typically around 100–150 qubits. Each 10,000-qubit chip is estimated to retail around 50 million euros and may represent about half the cost of a complete quantum computer at that scale. The factory requires tens of millions in investment, including a recent 20 million euro funding round supported by Dutch investors and the European EIC Fund. Quantum computing access is expanding through cloud providers while competition among major tech firms continues to drive innovation.

Read at Techzine Global