Quantum Transistors gets $19M award to enable quantum computing on a chip

Quantum Transistors, a developer of advanced quantum processors, has been awarded up to $19 million (€17.5 million) by the European Innovation Council (EIC).

Tel Aviv, Israel-based Quantum Transistors received an initial grant from the EIC Accelerator of $2.7 million combined with a future equity investment of $16.3 million through the EIC Fund.