December 18, 2022
1 min read

Russia to invest $69 mn in quantum communication network

The roadmap includes more than 120 projects, such as tools to promote quantum communications for potential users…reports Asian Lite News

The Russian government will allocate 4.5 billion rubles ($69.4 million) to the state-owned Russian Railways in 2023 and 2024 to expand its quantum communication network, Russia’s RIA Novosti news agency reported on Saturday.

As part of its digital economy framework, the government plans to invest a total of 9.4 billion rubles ($144.9 million) in the Russian Railways to develop the quantum communication network from 2021 to 2024, including 2.7 billion rubles ($41.6 million) in 2023 and 1.8 billion rubles ($27.7 million) in 2024 respectively, according to Russia’s quantum communication roadmap approved in late 2021.

The roadmap includes more than 120 projects, such as tools to promote quantum communications for potential users, development of sales markets, commercialisation of services and products of quantum communications.

The first pilot quantum communication line, built between Moscow and St. Petersburg in 2021 based on its existing optic network, is 700 km long and is expected to increase to 7,000 km by 2024.

ALSO READ: Modi dials Putin, discuss Ukraine war

Previous Story

Greek parliament approves 2023 state budget

Next Story

TTP chief rebuffs Afghan Taliban backing

Latest from -Top News

EAM Lands in Netherlands for Key Talks

EAM Jaishankar is on an official six-day visit to the Netherlands, Denmark, and Germany, scheduled from May 19 to 24…reports Asian Lite News External Affairs Minister S. Jaishankar arrived in the Netherlands

Modi Wishes Biden a Speedy Recovery

While the diagnosis indicates a more severe form of the disease, Biden’s physicians noted that the cancer appears to be hormone-sensitive, offering pathways for effective management….reports Asian Lite News Prime Minister Narendra

Deadly Unrest Grips Balochistan

The banned terror outfit, Tehreek-e-Taliban Pakistan (TTP) claimed responsibility for the attack on the FC Fort …reports Asian Lite News A car bomb explosion in Gulistan Area of Qila Abdullah, a border

Rubio Demands Release of Panchen Lama

On May 17, 1995, just three days after the Dalai Lama recognised him, the six-year-old Panchen Lama and his family were abducted by the Chinese Communist Party….reports Asian Lite News U.S. Secretary

Human Rights Group Blasts Pakistan on Baloch Issue

The human rights body highlighted that the incidents reflect a broader and systemic policy of enforced disappearances that continues unabated in Balochistan…reports Asian Lite News A human rights organisation has denounced the
Go toTop

Don't Miss

Biden condemns Russian missile strikes across Ukraine

The President added that the US and it allies will

Chelsea owner reportedly suffers alleged poisoning during Kiev talks

Following the meeting in Kiev, Abramovich, as well as two