search

High-performance computing is key to the digitisation of industry and the data economy. Its many practical applications will provide benefits to a wide range of industrial and business sectors, as well as to users from academia, scientific communities and the public sector.

EuroHPC will oversee the pooling of resources within Europe to develop supercomputers for processing big data, which is essential for addressing current major scientific and societal challenges. The Luxembourg-based entity will manage around €1 billion of public funds that will be invested in the initiative between now and 2020. €486 million will be provided by the EU, while the rest will come from the Member States and associated countries that are part of the initiative.

A public-private partnership

The European high-performance computing (“EuroHPC”) joint undertaking will take the form of a public-private partnership. It will provide a legal, contractual and organisational framework to its members. The members of the joint undertaking will be the EU, individual EU countries, third-party countries associated with the Horizon 2020 programme and private associations.

Originating from an initiative by Luxembourg, EuroHPC is based on an agreement signed in March 2017 between Luxembourg, Italy, Spain, France, Germany, Portugal and the Netherlands. Since then, Belgium, Slovenia, Bulgaria, Switzerland, Greece and Croatia.

Luxembourg at the forefront

The European Commission’s decision to locate EuroHPC in Luxembourg was welcomed by Prime Minister and Minister of State Xavier Bettel. “This confirms the attractiveness of Luxembourg as an innovative country,” said the Prime Minister. “The means deployed at the national level are aligned with the Digital Luxembourg initiative, and Luxembourg is ready to once again play a precursory, constructive and participatory role in the implementation of Europe’s digital strategy.”

While waiting for the implementation of the European HPC network, Luxembourg will acquire its own supercomputer already in 2019. This supercomputer, which will benefit from a European co-funding of 35%, will later on be connected to the global EuroHPC network.

Read more

Luxembourg launches Dataspace4Health

23-04-2024

Using the power of data to transform healthcare, this ecosystem is designed to revolutionise secure and compliant health data exchange in Luxembourg and beyond.
Read more

Luxembourg joins NATO's DIANA network

22-04-2024

In a joint effort by the Luxembourg Directorate of Defence and Luxinnovation, a selection of national innovation facilities has just been selected to integrate the DIANA (Defence Innovation Accelerator for the North Atlantic) network of NATO.
Read more

South Korean Vsion opens European HQ in Luxembourg

12-04-2024

Smart window specialist Vsion incorporates in Luxembourg to expand into the European market with its groundbreaking PDLC film technology.
Read more

Sustainable composite materials for vehicles of the future

08-04-2024

The Luxembourg Institute of Science and Technology creates sustainable composite materials fulfilling the needs of transport equipment manufacturers.
Read more

“An international view on the European healthtech market”

08-04-2024

Carole Brückler at the Luxembourg Ministry of the Economy speaks about why companies should attend the European Digital Healthtech Conference on 14-15 May 2024.
Read more

Resources all news

Fermer