Israeli Government to Allocate $350 Million for Quantum Technology R&D
By IQT News posted 25 Dec 2019
(AnalysticsIndianMag) Israel’s National Infrastructure Forum for Research and Development has concluded that advanced quantum technology is a must for Israel to remain globally competitive.
The budget of Israel’s national plan, which will last six years, will be approximately $350 million. Most of the funding will be based on existing budgets of The Planning & Budgeting Committee (PBC), Administration for the Development of Weapons & Technological Infrastructure, and previously allocated funds for academic institutions. Each department will designate a portion of their funds towards quantum computing research.
