Quantum Firms Heavily Reliant on Foreign Suppliers, Survey Shows

VERA Brief

AI-generated. Grounded in the article and its cited sources.

A survey of 160 quantum companies shows that 90% rely on foreign suppliers for components, highlighting the global nature and interconnectedness of the quantum industry. This dependence underscores the importance of international market access for the sector's growth and stability.

Key facts

• A survey found that 90% of quantum companies use foreign suppliers for their operations.
• The survey included 160 quantum companies.
• Seventy-four percent of the surveyed firms provide services to customers outside their home countries.
• The findings emphasize the global integration of the quantum technology sector.
• International trade relationships and market access are important for the quantum industry's growth.