Israel earmarks NIS 100 million for national quantum computing R&D infrastructure

The Israel Innovation Authority plans to invest NIS 100 million ($33 million) to establish national infrastructure for quantum computing research and development. This initiative aims to provide Israeli companies and universities with facilities to test, evaluate, and adopt advanced quantum computing technologies. The authority has issued a request for proposals to launch and operate a national quantum computing R&D infrastructure center, which will integrate at least three different quantum processing technologies.

“Quantum computing is expected to fundamentally transform the way industries address highly complex computational challenges,”

said Israel Innovation Authority CEO Dror Bin. The center is expected to be established within a year after the October 8 proposal deadline, offering services like hardware testing, cloud-based software development, and algorithm evaluation. This effort is part of the Israel National Quantum Initiative, launched in 2018, and seeks to strengthen Israel's position as a global leader in the field, despite lacking the massive investments seen in other leading nations.