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By IQT News posted 14 Sep 2021

(Qutac.de) Ten leading German corporations are jointly founding the Quantum Technology and Application Consortium (QUTAC). The goal of the newly founded consortium is to further develop the existing fundamentals of quantum computing into usable industrial applications. Specifically, applications for the technology, chemical and pharmaceutical, insurance and automotive industries are to be brought to market maturity. This is intended to create the basis for a successful industrialisation of quantum computing in Germany and Europe. At the time of its founding, the consortium includes BASF, BMW Group, Boehringer Ingelheim, Bosch, Infineon, Merck, Munich Re, SAP, Siemens, and Volkswagen.
QUTAC sees itself as a platform for action. The consortium promotes applications for the commercial use of this technology that are needed in the member companies. In doing so, they create industrial demand: The membership includes a broad cross-section of the German economy – thus the applications that are identified, developed, and tested within the consortium are trendsetting for entire industries. Through its orientation, QUTAC occupies an important position in the existing landscape of quantum technology-related institutions.
„In the Stimulus and Future Package, the German Government has given a big boost to the development of Quantum Computers. Working together with companies and start-ups we will identify, develop, trial, and share applications. There are many highly interesting areas, e.g., in logistics, transport, chemicals and the financial sector. So, I am delighted that QUTAC has brought so many leading companies together to help Germany move forward in this key sector”, says Peter Altmaier, Federal Minister for Economic Affairs and Energy, emphasising the importance of this alliance.
Anja Karliczek, Federal Minister of Education and Research, also welcomes the establishment of QUTAC: „Germany and Europe must become leaders in quantum technology and then stay at the top. What we want is technological sovereignty. To achieve this, we must rely on our strengths. These are our top researchers with their excellent ideas on the one hand and our strong industry on the other hand. Both must cooperate in an optimal way. Then we will achieve the best results. We are therefore funding companies and cutting-edge research under the quantum technologies framework programme.”

 

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