Europe is pouring public funds into quantum tech startups, report says

A report published today by McKinsey on the state of the global quantum tech sector has found that Europe is spending more and more in public funding on technologies such as quantum computers, quantum sensors, and quantum communications.  Quantum technology is increasingly recognised as being of high geopolitical and strategic importance. Governments are drafting national quantum strategies, and many quantum computing and other quantum tech projects are overseen by ministries of defence. The technology could also add trillions of dollars in value across several different industries in the next ten years. With Europe progressively focused on “digital sovereignty,” it is…

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