Funds have been promised by one government and thenwhisked awayby another in the space of less than a year.
Phasecraft is a leader in quantum algorithms computational methods designed specifically for quantum computers and their qubits.
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(By 2035, quantum computing alonecould accountfor $1.3 trillion in value.)
[Governments] are starting to become more nervous about the security implications of quantum, Montanaro said.
In August 2024, there were over 37,000 vacancies in the UK quantum sector.
Promoting cross-border and interdisciplinary collaboration would maximise the limited talent pool and accelerate innovation, Phasecraft argues.
It recently won a government grant of 1.2mn to develop quantum algorithms for optimisation problems in energy grids.
Story byLinnea Ahlgren
Linnea is the senior editor at TNW, having joined in April 2023.
Dabbles in gaming and fitness wearables.
But first, coffee.
