The recent development of a new quantum computer in Finland has put the country at the forefront of quantum technology. Collaboration between industry players and the country’s indigenous technological skills have paved the way for the creation of a whole new industry centered around quantum technology, underscoring the huge potential for growth in the field.
VTT CEO Antti Vasara outlined the economic benefits of investing in quantum technology, stating: “The scaling up of quantum computers offers Finnish companies the opportunity to further develop their knowledge and technology. This progress will create exportable products, attract international talent and investment, and benefit Finland through intellectual property rights and tax revenue.
Breakthroughs in the development of a new quantum computer have allowed the size of quantum bits (qubits) to increase, resulting in increased computing power and improved capabilities to solve even more difficult problems. The project focused on improving integration techniques, signaling, manufacturing and packaging techniques, allowing a larger number of qubits to be placed on a single chip and driving their electronic signals at extremely low temperatures.
Pekka Pursula, head of research at VTT, explained: “Although the new quantum computer currently has 20 qubits per chip, our manufacturing method allows us to increase the number of qubits even further. This marks an important development direction as we aim to create larger and more efficient quantum computers.
dr. Jan Goetz, CEO and co-founder of IQM Quantum Computers, emphasized the importance of this achievement for the entire European quantum ecosystem. IQM Quantum Computers is committed to fostering collaboration to attract more investment, support ecosystem expansion and improve competitiveness.
The new quantum computer is located at Micronova, Finland’s national micro and nanotechnology facility in Otaniemi, which already houses Finland’s first quantum computer. The national project, launched in 2020, aimed to create a functional 5-qubit quantum computer, with the ultimate goal of building a 50-qubit quantum computer by the end of 2020.
Now the focus is on bigger goals, as additional funding from the government will go towards scaling the quantum computer up to 300 qubits. This progress brings Finland closer to harnessing quantum computing power for practical applications and achieving quantum benefits.
Sources:
– VTT (Finnish Technical Research Center)
– IQM quantum computers
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2023-10-10 19:27:17
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