[1] With a budget of €1 billion, it is one of the large scale initiatives organized by the Future and Emerging Technologies program, along with the Human Brain Project and the Graphene Flagship.The Quantum Flagship funds over 5,000 Europeans researchers over ten years.
The objective being to develop in Europe a competitive quantum industry making research results available as commercial applications and disruptive technologies.
[3] Endorsed by 3.400 individuals from academia and industry, a “quantum manifesto”[4] was released in May 2016 in the Netherlands[5] The document called for the European Commission to launch an ambitious European initiative in quantum technologies to ensure Europe's leading role in a technological revolution underway.
The report of this committee was delivered in 2017,[6] giving a long-term vision of a “quantum web” and the flagship was launched in 2018, bringing under the same brand research institutions, industry, and public funders.
The quantum technologies flagship with an expected budget of €1 billion from the EU over 10 years aims to support the transformation of European research into commercial applications.