December 22, 2024

VTT to acquire Finland’s first quantum computer

VTT, a Finnish, fully state-owned company, is launching a project to acquire Finland’s first quantum computer. The first phase of this three-phase project is seeking to bolster Finland’s ability to design and build quantum computers, and to create a competence base for future applications. The design and construction of the quantum computer will be carried out as an innovation partnership.

VTT has lengthy experience and top expertise in both quantum technology research and related fields of science and technology, such as superconductive circuits and cryogenics, microelectronics and photonics.

Building this quantum computer will provide Finland with an exceptional level of capabilities in both research and technology, and will safeguard Finland’s position at the forefront of new technology. The goal is to create a unique ecosystem for the development and application of quantum technology in Finland, in collaboration with companies and universities. VTT hopes to partner with progressive Finnish companies from a variety of sectors during the various phases of implementation and application.

The development and construction of Finland’s quantum computer will be carried out as an innovation partnership that VTT will be opening up for international tender. The project will run for several years and its total cost is estimated at about EUR 20–25 million. 

The project will progress in stages. The first phase will last for about a year and aims to get a minimum five-qubit quantum computer in working order. However, the ultimate goal is a considerably more powerful machine with a larger number of qubits. 

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