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BMW GROUP IS A FOUNDING MEMBER OF THE QUANTUM TECHNOLOGY AND APPLICATION CONSORTIUM (QUTAC)

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Berlin/Munich. Ten leading German corporations are jointly founding the Quantum Technology and Application Consortium (QUTAC). The goal of the newly founded consortium is to further develop the existing fundamentals of quantum computing into usable industrial applications.

Oliver Zipse, Chairman of the Board of Management of BMW AG: “Quantum computing is one of the most promising future technologies and can revolutionize application fields from materials research to automated driving. Germany and Europe need a strong quantum computing ecosystem to be at the cutting edge of technology and remain globally competitive. With QUTAC, we are laying the foundation for a successful ecosystem that will allow us to make the most of the great potential of quantum computing.”

Specifically, QUTAC will help bring industry-relevant applications to market for the technology, chemical and pharmaceutical, insurance, and automotive industries. This is intended to create the basis for a successful industrialisation of quantum computing in Germany and Europe. At the time of its founding, the consortium includes BASF, BMW Group, Boehringer Ingelheim, Bosch, Infineon, Merck, Munich Re, SAP, Siemens, and Volkswagen.

Foundation stone for a commercially successful quantum computing ecosystem.