The quantum computer is the new space trip to the moon.
The EU aims to lead manufacturing and innovation in the industry and is paying special attention to an emerging sector that could be vital in the new world order: quantum computing has become the new trip to the Moon. Who will win this space race…?
In the 1960s, J. F. Kennedy made a plea to defend the money the U.S. was pouring into the space race. Today, no one doubts how NASA’s advances drive progress, but Kennedy’s speech struck a deeper chord and also demonstrated that innovation comes from the state.
That national impulse consists of having an ambitious vision of the future that promotes innovation together with the necessary investments to achieve it. It was thanks to this that man landed on the moon.
According to the OECD, while the EU27 investment in R&D&I was 2.19% of its GDP in 2020 (1.4% in Spain), China’s was as high as 2.4% and the US 3.45%.
In the USA, Joe Biden, has taken a new national impulse measure: the Inflation Reduction Act, with significant subsidies to green technologies and protectionism to its domestic products, which will encourage strong competition with Europe.
For its part, the European Commission has presented bills for the Zero Net Emissions Industry and for Critical Raw Materials, in addition to the Green New Deal and the European Chip Act. These measures could lay the foundation for the new European drive, similar to the US Apollo program.
Regarding the emerging quantum computing industry, we can say that it has a great potential that requires a large ecosystem in which all the technology is integrated. If the EU wants to be a leader in this new field, the whole supply chain should be European.
Although China and the U.S. are the main investors and have the most powerful machines, the European Union has been leading scientific production in quantum computing since 2010, although policies have been limited to the laboratory and not to industry.
It is now that, thanks to European Next Generation funds, we have the example of Spain, which will have two quantum computers at the Barcelona Supercomputing Center (which leads the European quantum computing network), in addition to a third from IBM in the Basque Country.
In short, Europe must bet big in the race for quantum computing if it wants to be a leader in innovation. Only in this way will it come closer to an inspiring future like the one promoted by J.F. Kennedy.
Nubeprint has been a pioneer in the development of intelligent monitoring technology. It invests more than 30% of its turnover in R&D&I. The result is a new patent every 2 years and dozens of unique developments with recognized intellectual property. Our unique technology has helped us to expand. Today, Nubeprint is not limited to the corporate environment, but its monitoring tools are available to anyone with a cell phone or even a Smart TV.
