We are happy that Quantum Delta NL has been awarded €615 million from the Dutch Ministry of Economic Affairs and Climate Policy to power the advancement of quantum technology. Orange Quantum Systems appeared in the "Nieuwsuur" item explaining the importance of this for the Dutch quantum eco-system, alongside Qblox and Delft Circuits, as commercial parties making components for quantum computers in The Netherlands.
The capital has been awarded by the National Growth Fund, an investment fund created by the cabinet of the Netherlands to boost economic growth and maintain prosperity for the foreseeable future. An independent commission tasked with reviewing investment proposals was led by Jeroen Dijsselbloem, former Chairman of the Board of Governors of the European Stability Mechanism, which includes HRH Prince Constantijn van Oranje-Nassau and Robbert Dijkgraaf, director of the Institute of Advanced Studies in Princeton.
“There is no doubt that quantum technologies will have a profound impact on the world, transforming information and communication technology systems to deliver benefits for all of society. This investment in Quantum Delta NL’s ambitious program signifies the Netherlands’ long-term commitment to advancing the technology,” said Ronald Hanson, chairman of the Supervisory Board Quantum Delta NL. The full press release provides more information.