planqc, an EIC Accelerator Winner, Scales Neutral-Atom Qubits
A neutral-atom quantum computer holds its qubits as single atoms trapped in beams of laser light, and every time it finishes a computation and reads them out, the register has to be loaded again, according to the project planqc took to the European Innovation Council. That project, RUBIQON, credits neutral atoms with "superior scalability to millions of qubits" but says they are held back by "operational dead time as quantum registers must be completely reloaded after each computation cycle", which it says rules out industry-relevant algorithms on error-corrected machines, according to CORDIS.
The EIC selected RUBIQON for blended finance in the round it announced on 15 June 2026; PLANQC GMBH is the only quantum computing company in the list of 38 selected companies. The grant agreement was signed on 23 September 2026, and CORDIS records an EU contribution of €2,497,281.50 for 1 October 2026 to 30 September 2028. The project is a month old. What can be checked is the company that carries it.
Company file
- Legal entity
- planqc GmbH, Munich Local Court HRB 276022
- Founded
- April 2022, spin-off of the Max Planck Institute of Quantum Optics (MPQ) and LMU Munich
- Headquarters
- Lichtenbergstraße 8, Garching near Munich
- Founders
- Alexander Glätzle (CEO), Sebastian Blatt (CTO), Johannes Zeiher
- Investors
- CATRON Holding and DeepTech & Climate Fonds (Series A leads), UVC Partners and Speedinvest (seed leads)
- Share capital
- €45,608 since June 2024, up from €25,000 at registration
- EIC project
- RUBIQON, agreement 101315141, October 2026 to September 2028
- EIC funding
- Blended finance recommended; no EIC Fund investment published
A Max Planck spin-off with two government machines to build
planqc came out of the Munich Quantum Valley initiative in April 2022, founded by researchers from MPQ and LMU Munich, and raised €4.6 million in seed money led by UVC Partners and Speedinvest, as The Quantum Insider reported in June 2022. The company register, via North Data, shows the first registration publication on 12 May 2022 and three capital increases since, from €25,000 to €45,608 in June 2024. It shows no insolvency. Accounts for 2024 were filed in October 2025; their figures could not be read for this article.
The first large order came from the German Aerospace Center. On 27 April 2023 the DLR Quantum Computing Initiative announced a €29 million contract for a scalable prototype with more than 100 qubits, to be developed within three and a half years at its innovation centre in Ulm; Munich Quantum Valley gives the same figures. planqc's own news page dates its item on the contract 4 May 2022, a year before DLR's release.
In July 2024 planqc announced a €50 million Series A led by CATRON Holding and the DeepTech & Climate Fonds, with a non-dilutive grant from the federal research ministry counted as part of it, as The Quantum Insider and the German tech site Basic Thinking reported. Basic Thinking puts the company's total capital, public money included, at about €80 to €90 million; the company has not published a total.
The money
The EIC grant is one of the smaller cheques
Amounts as announced or recorded by each source. They are different kinds of money (contract value, equity, grants, project totals) and are not added up. The QIAPO figure is the project's total, not planqc's share.
The Quantum Insider; DLR; planqc news; CORDIS. Values in € millions.
Atoms in crystals of light
planqc traps individual neutral atoms in a vacuum with laser beams, arranges them in regular arrays and drives them with laser pulses, exciting them into Rydberg states so they interact, as DLR describes it. CTO Sebastian Blatt calls the atoms' arrangement "crystals of light", according to The Quantum Insider. The founders said in 2022 that the design runs at room temperature, according to The Quantum Insider. DLR's release contrasts this with superconducting systems, which need extremely low temperatures.
Sources disagree on the element. Basic Thinking writes that planqc uses strontium, while planqc's September 2026 announcement of its LOGIQC consortium and Quantum Computing Report describe that machine as based on ytterbium. Whether the two are different systems or the company has moved from one to the other is not stated.
The reload pause RUBIQON names is one planqc's LRZ design already works around on paper. For the 1,000-qubit system it chose two independent cores, so that "while one core resets, the other keeps computing", as The Quantum Insider summarised the design in November 2024. RUBIQON's CORDIS summary goes further, to fault-tolerant digital computing; it publishes no qubit, fidelity or error-rate target.
The machines
Two systems promised, both now due online in 2027
The qubit counts in planqc's two government-funded machines, and the atom array the company says it ran with the Max Planck Institute. The company said in September 2026 that both systems are due online in 2027.
DLR, 27 April 2023; The Quantum Insider, 13 November 2024 and 8 July 2024; planqc, 16 September 2026.
What has been delivered, and what is late
The clearest public milestone is a delivery. On 9 September 2026 planqc announced that the first hardware of MAQCS, its 1,000-qubit system for the Leibniz Supercomputing Centre funded with almost €20 million by the federal research ministry, had arrived at LRZ: about 800 kilograms of server cabinet, laser hardware and computing rack. The company says it has met every technical milestone on schedule, including a 1,000-qubit demonstrator at technology readiness level 5, and plans to commission the full system in 2027 and run it as a co-processor in LRZ's supercomputers by the end of that year. The milestone claims are the company's own; LRZ's original project page now returns an error, and no independent test of the demonstrator has been published.
The DLR machine is the older promise. DLR's April 2023 release gave planqc three and a half years, a window that ran to about October 2026. In its 16 September 2026 announcement of the Made in Europe Award, planqc said both the 100-qubit DLR system and the LRZ system "are due online next year". No delivery or installation in Ulm has been announced by DLR or planqc as of 4 November 2026, and DLR's partner page for planqc gives no status. Whether the contract schedule was changed is not public.
What the company says
Every MAQCS milestone met on schedule, a 1,000-qubit demonstrator at TRL 5, both government machines online in 2027, and a route to error-corrected computing through RUBIQON and LOGIQC.
What the record shows
First LRZ hardware delivered in September 2026; no machine yet in operation for DLR or LRZ; the DLR system due after the three and a half years DLR announced; a signed EIC grant with no results yet.
Around the hardware, planqc's news page lists application projects: aerospace materials with d-fine for DLR in February 2025, work for ESA's Ariane 6 launcher with nebumind and MT Aerospace in June 2025, and aviation with TUM, ENGYS and Airbus on behalf of DLR in September 2025. In March 2026 it announced QIAPO, a €2.3 million federally funded optimisation project with Saarland University, BMW and Infineon; planqc's share is not stated. CORDIS lists planqc as a partner in two other EU projects, with €150,000 in QCFD and €252,678 in the P4Q photonics pilot line.
The record
Four years from Max Planck spin-off to a signed EIC grant
planqc's path from its founding to the RUBIQON project, as recorded by the company register, the public funders and the company's own announcements.
- Apr 2022Company foundedSpin-off of the Max Planck Institute of Quantum Optics and LMU Munich; first register publication on 12 May 2022
- Jun 2022Seed roundLed by UVC Partners and Speedinvest€4.6M
- Apr 2023DLR contractBuild a neutral-atom quantum computer with more than 100 qubits for DLR in Ulm within three and a half years€29M
- Jul 2024Series ALed by CATRON Holding and the DeepTech & Climate Fonds, with a BMBF grant as part of the financing€50M
- Nov 2024MAQCS for LRZFederally funded project to build a 1,000-qubit system for the Leibniz Supercomputing CentreAbout €20M
- Jun 2026EIC selectionRUBIQON appears among 38 companies selected for EIC Accelerator funding, recommended for blended finance
- Sep 2026Hardware and LOGIQCFirst MAQCS hardware arrives at LRZ; the grant agreement for RUBIQON is signed; LOGIQC is selected for Germany's quantum computing competition
- Sep 2028RUBIQON endsScheduled end of the EIC projectScheduled
North Data; DLR, 27 April 2023; The Quantum Insider; planqc news; EIC, 15 June 2026; CORDIS.
What RUBIQON promised
The CORDIS record is brief. It names the bottleneck, reloading the atom register after each run, and the goal, error-corrected digital neutral-atom computing able to run industry-relevant algorithms. It gives no total project cost, publishes no deliverables and has no periodic report, which is expected one month into a 24-month project. The selection list recommends blended finance, meaning the grant plus a possible equity stake from the EIC Fund; planqc has no entry in the EIC Fund portfolio as checked on 4 November 2026, and planqc's news page has not announced the award. The EIC's list carries its own caveat: selection "does not constitute a formal commitment for funding" until grant preparation is finished; CORDIS now shows the grant agreement as signed.
- Grant agreement signedDoneSigned 23 September 2026; €2,497,281.50 per CORDIS.
- Remove reload dead time in neutral-atom registersToo earlyProject started 1 October 2026; no results published.
- Fault-tolerant digital operationToo earlyNo error-rate or logical-qubit target published in CORDIS.
- EIC Fund equityNot publishedNo investment listed in the EIC Fund portfolio.
Why Europe is paying for it twice
The Commission adopted its Quantum Europe Strategy in July 2025. According to The Quantum Insider, it aims to raise the share of global private quantum funding that goes to European companies, put at around 5%, and announces a Quantum Act proposal for 2026. RUBIQON's own summary frames the project the same way, as a matter of "Europe's quantum sovereignty" against better-funded US competitors.
Germany is backing the same company on the same goal. On 22 September 2026 planqc said its LOGIQC consortium, with MPQ, LMU, the University of Tübingen, Forschungszentrum Jülich and TOPTICA Photonics, was one of six selected for the federal research ministry's Quantum Computing Competition, a programme of up to €640 million aiming for at least two error-corrected machines at the European frontier by 2030, with a functioning entry system due from each consortium by 31 March 2027; Quantum Computing Report and The Quantum Insider report the same. How LOGIQC's funding for planqc will compare with the EIC grant is not public.
Verdict
planqc holds two government orders, a €50 million round and a place in Germany's national competition. The record, though, is still mostly contracts rather than working machines: the LRZ hardware has just arrived, the DLR system is due after the window DLR announced, and RUBIQON has only begun. The years 2027 and 2028 will show whether the reload problem it was funded to solve is solved.
planqc was not asked for comment for this article. The reporting is based on publicly available sources, listed below.
Sources
- CORDIS, RUBIQON project fact sheet
- EIC, 38 start-ups and SMEs secure EIC support, 15 June 2026 and list of selected companies
- North Data, planqc GmbH
- DLR, contract award, 27 April 2023; Munich Quantum Valley; DLR QCI partner page
- The Quantum Insider, seed round, 29 June 2022; Series A, 8 July 2024; MAQCS, 13 November 2024
- Basic Thinking, Startup-Check planqc, April 2026
- planqc news: MAQCS hardware at LRZ, 9 September 2026; Made in Europe Award, 16 September 2026; LOGIQC, 22 September 2026; QIAPO, 19 March 2026; news index
- Quantum Computing Report, Germany's quantum computing competition, October 2026; The Quantum Insider, 5 October 2026
- CORDIS, QCFD and P4Q
- European Commission, quantum policy page; The Quantum Insider, Quantum Europe Strategy, 2 July 2025
Industry
Digital and computingQuantum technology
- Focus
- Quantum computers
- Technologies
- Cold atoms
- Quantum error correction
- Keywords
- Neutral-atom qubits
- Fault-tolerant quantum computing
- High-performance computing centres
- Quantum-classical integration
- Quantum processors