Brief: Creotech Instruments Invited To EU Quantum Computer Construction Deal

Creotech Instruments SA

16/05/2022 07:51

May 16 (Reuters) - Creotech Instruments SA  CRI1.WA :
    * SAID ON FRIDAY, THE COMPANY HAS RECEIVED AN INVITATION TO
SIGN
4-YEAR FRAMEWORK DEAL WITH EUROPEAN COMMISSION FOR CONSTRUCTION
OF THE FIRST LARGE QUANTUM COMPUTER FOR THE EU
    * THE PROJECT IS TO BE CARRIED OUT WITHIN THE FRAMEWORK OF
INTERNATIONAL CONSORTIUM UNDER THE LEAD OF UNIVERSITY OF
INNSBRUCK
    * COMPANY WOULD BE RESPONSIBLE FOR DEVELOPING AND
IMPLEMENTING
CONTROL ELECTRONICS FOR THE COMPUTER
    * EXPECTED CONSORTIUM BUDGET FOR THE FIRST STAGE OF THE
PROJECT IS
EUR 18-20 MILLION

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM3bQXcMa
 Further company coverage:  CRI1.WA  

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