888-384-7144 info@insidequantumtechnology.com

Israeli Government to Allocate $350 Million for Quantum Technology R&D

By IQT News posted 25 Dec 2019

(AnalysticsIndianMag) Israel’s National Infrastructure Forum for Research and Development has concluded that advanced quantum technology is a must for Israel to remain globally competitive.
The budget of Israel’s national plan, which will last six years, will be approximately $350 million. Most of the funding will be based on existing budgets of The Planning & Budgeting Committee (PBC), Administration for the Development of Weapons & Technological Infrastructure, and previously allocated funds for academic institutions. Each department will designate a portion of their funds towards quantum computing research.

Subscribe to Our Email Newsletter

Stay up-to-date on all the latest news from the Quantum Technology industry and receive information and offers from third party vendors.