Israel earmarks NIS 100 million for national quantum computing R&D infrastructure
The Israel Innovation Authority plans to invest NIS 100 million ($33 million) to establish national infrastructure for research and development that will help local companies and universities test, evaluate, and adopt advanced quantum computing technologies.
To that end, the authority on Monday announced a request for proposals to launch and operate a national quantum computing R&D infrastructure center. The call for proposals is intended for industrial corporations that will establish and provide R&D services to Israeli companies and research institutions active in quantum computing.
The center will allow local companies and researchers to experiment, compare platforms, assess performance, and develop new applications across a range of quantum computing architectures. The infrastructure will integrate at least three different quantum processing technologies.
“Quantum computing is expected to fundamentally transform the way industries address highly complex computational challenges,” said Israel Innovation Authority CEO Dror Bin.
“We aim to provide Israeli industry and academia with a state-of-the-art R&D infrastructure that will enable them to evaluate, integrate, and adopt quantum computing technologies, transforming scientific and technological knowledge into a competitive advantage for Israeli high-tech while strengthening Israel’s position as a global leader in this field,” he said.
Quantum processors promise computational horsepower to solve the most complex problems where regular computers fail. The tech could lead to breakthroughs in the areas of economics, technology, security, engineering, and science, in fields such as drug discovery, cryptography,........
