On 23 June, the UK government announced a £670 million investment package to support the development of quantum computing over the next decade. As part of its broader Industrial Strategy, the funding includes a 10-year settlement for the National Quantum Computing Centre (NQCC), providing long-term financial stability for one of the UK’s core national facilities. The initiative is intended to accelerate the real-world impact of quantum technologies and strengthen domestic capabilities.
This sustained funding marks a shift in how the UK approaches quantum development and adoption. Instead of focusing on short-term projects, the government is now offering the sector the time and certainty needed to make meaningful progress and to build the necessary infrastructure which will facilitate and accelerate the commersialisation of quantum technologies. It supports not only research but also the translation of science into practical applications through advancing the development of the quantum hardware, which is a needed step in building a functioning quantum industry.
By 2035, the UK aims to build quantum computers that can surpass the capabilities of today’s most powerful supercomputers. The goal is to apply this technology to areas such as drug development, climate mitigation, and national defence, where traditional computing methods fall short. The announcement comes amidst a dynamic and intense global geopolitical context and competition over emerging technologies. It also reflects UK’s strategic focus on securing technological sovereignty through the development of advanced quantum capabilities.
Read the Industrial Strategy Policy Paper here: UK Industrial_Strategy_Policy_Paper
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