Quantum consortium urges US-EU cooperation to build industry

A senior official from the Quantum Economic Development Consortium says the US and Europe risk falling behind in quantum technology unless they join forces on supply chains, industry standards, and research-to-business efforts. While Europe leads in workforce and company count, and the US secures more private capital, their markets remain fragmented, raising costs and slowing progress. China’s heavy public investment adds pressure. Now, the official warns, coordination is essential before commercial and security stakes grow higher.

• Europe has more quantum companies and workers than the US
• US companies secured over $2.7 billion in 2025 VC funding
• Many quantum firms remain unprofitable and pre-commercial
• China’s sustained public investment raises competitive pressure
• Fragmented policies could make quantum adoption slower and costlier