Atom Computing is establishing a European headquarters in Copenhagen as part of a strategic partnership with Denmark to accelerate quantum research in the country and serve quantum computing customers across Europe.
As part of this partnership, Denmark’s Ministry of Foreign Affairs and Export and Investment Fund, EIFO, made an investment of 70 million DKK (about 9,38 million Euro) in Atom Computing.
The partnership supports Denmark’s National Strategy on Quantum Technology, announced in 2023, and is a good example of the QIST Collaboration Agreement between Denmark and the United States. The agreement, signed in June 2022, commits both countries to foster a vibrant quantum information science and technology (QIST) ecosystem through good-faith cooperation, inclusive research communities, and collaborative venues. In Denmark, Atom Computing is tapping into quantum research that began over 100 years ago at the Niels Bohr Institute and continues to this day at NATO’s Deep Tech Lab – Quantum and Danish universities.
Concrete new initiatives
As part of the strategic partnership, EIFO has invested 70 million DKK in Atom Computing, which is the fund’s first direct investment in a company outside of Denmark. 'Denmark has the academic and professional expertise to move quantum on to the next stage. Plenty of companies are popping up, but not many of them are building hardware. So we are delighted to be partnering with Atom Computing and their talented team, which is now establishing a European office based in Denmark', Peder Lundquist, CEO, Export and Investment Fund of Denmark (EIFO) said.
'This new strategic partnership demonstrates that the National Strategy for Quantum Technology is not just another publication: it leads to concrete new initiatives and important steps forward.' Christina Egelund added, Denmark's Minister for Higher Education and Science.
'Atom Computing will bring leading-edge quantum computing technology, know-how, and jobs to the thriving quantum computing ecosystem already present in Denmark', says Rob Hays, Atom Computing's CEO. 'We are excited to partner with Denmark due to the country’s continued investment in quantum research coupled with the clear motivation from academia, government, and industry to advance the field of quantum computing out of the labs into deployment. With this long-term partnership, we aim to advance the national strategic imperatives of both our countries.'
Photo: Robert Hays, CEO at Atom Computing (left) and Peder Lundquist, CEO at EIFO.
