UK quantum industry wants clarity over funding plans

29 Aug 2024 | News

The UK’s first 10-year quantum technologies programme comes to an end this year, and companies are seeking guarantees about what comes next

Photo credits: UK National Quantum Technologies programme website

The UK was one of the first countries to adopt a national quantum strategy, launching a ten-year £1 billion National Quantum Technologies programme (NQPT) in 2014, and as that reaches the end, there are now calls for a renewed commitment.

“The UK set the global standard for investment in quantum computing when it kicked off its national programme back in 2014. But the market is heating up, and the race to deliver a market-catalysing quantum computer is on,” Chris Ballance, CEO of quantum computing firm Oxford Ionics, told Science|Business.

“We’re at a critical tipping point. While the US and EU ramp up their investments to catalyse the quantum computing market in their countries, the UK cannot be seen to slow down. Through the UK’s early pioneering efforts, we have generated tremendous R&D…