Swedish Center to Receive Foundation Grant of 80 Million SEK ($9.4M USD) per Year for Quantum Res...

The Wallenberg Centre for Quantum Technology (WACQT), based at Chalmers University in Sweden is receiving an increase in funding from the Knut and Alice Wallenberg Foundation to 80 million Swedish Krona (SEK) per year from the previous level from 45 million SEK. Total funding for the center from all sources including industry and participating universities now totals 1.3 billion SEK ($152M USD) over the next twelve years. The additional funds will allow the center to add 40 more researchers, double the current number, and advance towards their goal of creating a 100 qubit quantum computer with really high performance qubits. Additional details on this additional funding as well as activities at the center can be found in a news release on the Chalmers University website here.

March 15, 2021