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Pasqal leads €50M EU quantum chip consortium with 28 partners

October 6, 2026 8:07 AM

Pasqal (NASDAQ: PSQL), a neutral-atom quantum computing company headquartered in Paris, is coordinating the Q-PLANET consortium, a pilot line project co-funded by the EU Chips Joint Undertaking and national and regional authorities, according to a company statement.

The initiative carries a budget of €50 million over three years and brings together 28 partners from 11 European countries. The consortium's stated objective is to develop industrial-grade chip components for neutral-atom quantum computing, sensing, and communication.

Q-PLANET's technical scope includes the development of lasers at four wavelengths — 461 nm, 698 nm, 795 nm, and 1013 nm — as well as atom chips for quantum sensing and computing, and microfabricated vapor cells for atomic clocks and field sensors. The project will also work to establish standardized Process Design Kits and Assembly Design Kits to support the transition from laboratory research to industrial fabrication.

Pasqal will lead development of chip-based laser sources at 1013 nm and will serve as an end-user of microfabricated vapor cells and laser sources, providing specifications for their testing and validation.

The consortium includes research and technology organizations, industry partners, and academic groups. The project is described as a component of the broader European Quantum Strategy and is aligned with the forthcoming EU Quantum Act.

"Three months after our kick-off in Brussels, Q-PLANET has moved from ambition to execution," said Loïc Henriet, CTO of Pasqal. "Together with our 28 partners, we are building a European supply chain for neutral-atom technologies, while bringing quantum industrialization closer to concrete user needs."

The project receives top-up funding from France 2030, the European Regional Development Fund, the Ministry of Science, Research and Arts Baden-Württemberg, Business Finland, and the Austrian Research Promotion Agency.

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