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9 February 2018

Innsbruck processes Alpine Quantum

The University of Innsbruck has spun out Alpine Quantum Technologies, which is set to develop a commercial quantum computer.

Author: Thierry Heles, editor

University of Innsbruck has spun out Alpine Quantum Technologies (AQT), an Austria-based quantum computer technology developer, der Standard reported yesterday.

The spinout is set secure €10m ($12.3m) in funding from the Federal Ministry of Education, Science and Research, the Federal Ministry for Digital, Business and Enterprise, and the Österreichische Nationalstiftung für Forschung, Technologie und Entwicklung, which supplies research grants to public universities in the country.

The money would enable Innsbruck to take a stake in AQT, but details are yet to be negotiated.

AQT is aiming to develop a commercial quantum computer, based on research by Rainer Blatt, Peter Zoller und Thomas Monz. The funding would go towards building out the research capabilities into quantum technology at the university.

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