On July 18, 2022, the Israel Innovation Authority (IIA) announced it had selected Israeli startup Quantum Machines to lead the establishment of the Israel Quantum Computing Center, with a budget of NIS 100 million (~USD 29 million) over three years. The center was part of the broader NIS 200 million quantum computer development plan announced in February, as reported by Calcalist.
Quantum Machines led a consortium including Elbit Systems as a strategic partner, along with QuantWare, ORCA Computing, ColdQuanta, ParTec, Classiq, and Super.tech. The center was designed to offer access to three quantum processing technologies: superconducting qubits, cold ions, and photonic computers.
IIA Chairman Dr. Ami Appelbaum described the program as “the answer to an existing strategic market failure.” Minister of Innovation, Science and Technology Orit Farkash HaCohen called the center “a substantial leap in Israel’s civilian technology.”