Trumpf commits €100M to quantum technology

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Trumpf is investing up to 100 million euros into photon-based quantum technology in the near future, CTO Peter Leibinger of the German laser specialist and equipment manufacturer said in an interview with Handelsblatt. Among other things, Leibinger thinks quantum computers can be used to calculate the optimal layout when cutting out metal parts from large sheets, saving raw material. He also thinks quantum computers could improve the software of Trumpf’s tools. “It’s only a matter of time before photonic quantum technology sets new standards in the industry,” the top executive said. In the Netherlands, startup Quix from Enschede is working on photonic quantum computers.