Vnesheconombank and the Russian Quantum Center have agreed to cooperate in the development of quantum technologies, in particular, infrastructure quantum projects. The corresponding agreement was signed by Sergey Gorkov, Chairman of Vnesheconombank, and Ruslan Yunusov, Chief Executive Officer, Russian Quantum Center, during the St. Petersburg International Economic Forum (SPIEF).
The agreement envisages the promotion of innovative technologies in Russia and abroad, and the creation and development of infrastructure projects in the field of quantum technologies, which include, in particular, quantum networks. In addition, the RCC and VEB will exchange information and organize educational projects.
The agreement between VEB and the RCC is the first of its kind for the quantum technologies sphere, signed within the framework of the SPIEF.
“Partnership with Vnesheconombank, the key player in the Russian financial market for infrastructure projects, is quite valuable for us, as we can offer next-generation solutions in the field of information security. We hope together with VEB to make Russia one of the leaders in the applied application of quantum technology,” noted Ruslan Yunusov.
“Vnesheconombank pays special attention to supporting innovative projects, as one of the focal areas of the Strategy. As part of its transformation, VEB 2.0 is actively supporting specific projects. The scope of our interests includes innovation and technology that could affect technological progress. Of course, quantum technologies are revolutionary. The solutions developed by the Russian Quantum Center create confidence in Russia’s ability to become one of the key players in the market of quantum technologies. Quantum physics as a fundamental science has always been the pride of Russia, therefore, VEB’s investment in their development is logical and natural,” said Sergey Gorkov.
State Corporation “Bank for Development and Foreign Economic Affairs (Vnesheconombank)” (www.veb.ru) is a national development bank and one of the largest financial institutions in Russia. Established in 1924, Vnesheconombank has been operating in compliance with a special Federal Law on the Bank for Development since 2007. Vnesheconombank’s supreme governing body is the Supervisory Board headed by the Chairman of the Russian Government Dmitry Medvedev. In compliance with the Strategy 2021, VEB will focus on financing high value added industrial projects; infrastructure development, non-resource exports, defense industry conversion to civilian products, innovations and National Technological Initiative projects.
The Russian Quantum Center (www.rqc.ru) is a unique private research center engaged in fundamental and applied research, as well as the commercialization of new technologies and devices based on the use of quantum effects. At present, the RQC has formed a scientific and technological ecosystem unique to Russia, in which fundamental research ensuring long-term leadership coexists with the development of relevant technologies. For almost five years the RQC managed to bring together leading scientists from all over the world, including 2 Nobel laureates, to assemble 10 research teams and build from scratch 8 state-of-the-art laboratories. RQC specialists are developing ultrasensitive sensors, optical microcavities, element bases for quantum computers (qubits), systems of quantum cryptography, etc. In 2016, the RQC was the first in Russia to launch completely secure communications in the commercial lines, and in May 2017 – the country’s first multi-node quantum network and the world’s first quantum blockchain.
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