Generous investment in research
TUM President Hofmann thanked BMW for the generous research investment: "This BMW-TUM partnership will strengthen the Munich Quantum Valley as Germany's leading eco-system for quantum technologies. Quantum computing has the future potential to solve complex tasks in ways which would be unthinkable even with today's supercomputers. The new endowed chair will develop quantum algorithms and test application fields for this purpose. The generous support of the BMW Group will generate the leverage effect needed to transfer findings in the field of quantum physics to industrial applications."
BMW Board of Management member Weber stated: "The BMW Group is convinced that quantum computing is a ground-breaking future technology and that it has considerable potential for a large number of application areas, for example in materials research such as battery cell chemistry, and for the future of automated driving with quantum machine learning. However, the technology is still in the early stages of maturity. It is therefore particularly important to us to support cutting-edge research and its transfer to industrial application now in the best way possible."
