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EU Unveils Quantum Strategy to Accelerate Private Funding and Secure Communications

Brussels plans to cement EU leadership by catalyzing private quantum investments through a Quantum Act scheduled for 2026.

Executive Vice-president of the European Commission for Technological Sovereignty, Security and Democracy Henna Virkkunen holds a press conference after the European Commission College meeting in Brussels, Belgium January 15, 2025. REUTERS/Johanna Geron/File Photo

Overview

  • The strategy launches two grand challenges between 2025 and 2027 to drive innovations in quantum computing and navigation.
  • A proposed Quantum Act in 2026 will establish regulatory and funding frameworks aimed at boosting Europe’s share of global private quantum investment beyond its current 5%.
  • EU cybersecurity authorities and member states have agreed to implement post-quantum encryption standards by 2030 to protect digital communications from future decryption threats.
  • Several EU countries will maintain export restrictions on sensitive quantum technologies to prevent them from falling into strategic rival hands.
  • The initiative builds on over €11 billion in public R&D funding since 2020 and responds to U.S. and Chinese advances, including IBM’s goal of a workable quantum computer by 2029.