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Spending on Quantum Tech on the Upswing
ALGORITHMIC WARFARE
INFOTECH
2/26/2021
Illustration: Getty
Investments in quantum technology which use the manipulation of neutrons, photons, electrons and protons to perform tasks are increasing worldwide and will reach $10 billion by 2024, according to an expert.
“The security implications of quantum technologies, as well as the expected advantage in computing and sensing have caught the interest of the world’s governments,” said Gabe Lenetsky, business development engineer at Keysight Technologies.
China has poured billions of dollars into its quantum programs, he said during a January webinar hosted by BrightTALK. Other countries accelerating their investments include Germany, the Netherlands, Canada, and several Asia-Pacific nations including Japan. ....

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