Quantum Leap For PhotonDelta's €1.1bn Chip Start-up & Scale Plan

PhotonDelta will receive €1.1 billion, including €470 million from the Dutch National Growth Fund, to develop a photonic chip industry in the Netherlands through the creation of 200 startups and expansion of production facilities with over 100,000 wafer production capacity per year. This six-year program will build a European supply chain covering manufacturing, research, and talent development focused on photonic chips that enable faster, cheaper, and more energy-efficient information transfer, with applications in diagnostics, autonomous vehicles, and food production.

This Wire brief sits within Fusion42's coverage of Semiconductors.