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DOE Invests in Quantum Computing, Networking Tech Development Projects

1 min read

Jeff Brody

The Department of Energy intends to award $60.7M in total funds to eight projects involving multi-institutional partnerships to develop quantum technology platforms. DOE said Thursday that it will allocate $47M for three five-year projects focusing on creating algoritms and a set of software tools and approaches for quantum computing.

The department added that it will provide $13.7M to support five four-year development efforts that will center on long-range quantum communications tools that use fiber optic connectivity. According to DOE, it selected proposals from nine national laboratories, 10 universities and a nonprofit organization through a competitive peer review process.