German Startups Warn of US Dependency in Quantum Computing Amid New Initiatives
US President Donald Trump's recent executive orders on quantum computing may threaten Europe's competitive edge. German startups like Planqc and EleQtron emphasize the need for a robust European response to avoid falling behind in this strategic technology sector.
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The US government is increasing its investment in quantum computing, with President Trump's two recent executive orders aimed at enhancing American capabilities in the field. The first order outlines a goal to develop a quantum computer with sufficient capabilities by 2028, while the second mandates preparation against potential quantum-based cyber threats by 2031.
In response, German startups such as Planqc and EleQtron are urging Europe to strengthen its own quantum initiatives to avoid dependency on US technologies. EleQtron secured €57 million in funding, and Planqc raised €50 million in a recent financing round.
A failure to act could result in Europe losing its technological edge in critical sectors like pharmaceuticals and cybersecurity, as highlighted by industry leaders. Countries like Germany may need to adopt more ambitious quantum agendas to maintain competitiveness.
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