Description
The Israel Innovation Authority and the Israel Ministry of Defense (IMOD) recently announced a $62 million USD collaborative effort to establish a domestic quantum computing (QC) infrastructure. The two-pronged approach calls for the Israel Innovation Authority, part of Israel’s Ministry of Economy charged with fostering domestic industrial R&D, to focus on developing QC algorithms, applications, and a related software stack to support both on-premises or cloud QC access models. For its part, the IMOD will stand up a national center to develop a complete quantum computer including a quantum processor expected to consist of 30-40 qubits, quantum control capabilities, and I/O interfacing hardware.
