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๐Ÿ‡ฉ๐Ÿ‡ฐ Denmark /Technology

Novo Nordisk Foundation plans quantum chip factory in Copenhagen

From Berlingske · () Danish

Translated from Danish and summarized by DistantNews. Read the original for the full story.

At a glance

Press release Official statement New plan
  • The Novo Nordisk Foundation plans to build a quantum chip production facility in Copenhagen through Quantum Foundry Copenhagen.
  • The Copenhagen factory is expected to cost 400 million kroner, while the foundation has invested 1 billion kroner in the company and committed more than 2.9 billion kroner to quantum technology overall.
  • The foundation says quantum technology could support drug development, sustainable materials, energy systems and cybersecurity.

The Novo Nordisk Foundation plans to build a factory in Copenhagen to produce quantum chips, placing industrial manufacturing at the center of its long-term push into quantum technology.

The facility will be developed through Quantum Foundry Copenhagen, the foundationโ€™s specialized technology company. The foundation said it has committed more than 2.9 billion kroner to the field, including 1 billion kroner already invested in Quantum Foundry Copenhagen. The factory phase is expected to cost 400 million kroner.

Quantum technology will be one of the most defining scientific and technological fields of this century.

· Mads Krogsgaard ThomsenThe Novo Nordisk Foundation chief executive explained the foundationโ€™s long-term commitment to quantum technology.

โ€œQuantum technology will be one of the most defining scientific and technological fields of this century,โ€ said Mads Krogsgaard Thomsen, the foundationโ€™s chief executive. He said the foundation had made a major, long-term commitment to building a world-class quantum ecosystem in Denmark and Europe.

Our vision is to become a world-leading producer of quantum chips, deliver advanced next-generation quantum computer processors to Europe and enable quantum companies to scale production.

· Peter KrogstrupThe chief executive of Quantum Foundry Copenhagen described the companyโ€™s goals for the planned factory.

Quantum technology uses the laws of quantum mechanics to address problems beyond the reach of conventional computers. The foundation expects it could help researchers develop medicines faster, design more sustainable materials, optimize energy systems and strengthen cybersecurity.

Peter Krogstrup, chief executive of Quantum Foundry Copenhagen, said the companyโ€™s vision was to become a world-leading quantum chip producer, supply next-generation quantum computer processors to Europe and help quantum companies scale production. He said the planned production lines would support a sustainable deep-tech industry.

We will establish advanced production lines for quantum technology and support a sustainable deep-tech industry that can help shape the future of quantum technology.

· Peter KrogstrupKrogstrup outlined the industrial role the company wants the Copenhagen facility to play.
About this summary

Originally published by Berlingske in Danish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.