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

“Revalidate your assumptions”

23-01-2023

Argentine digital health company ViewMind opened its European office in Luxembourg a few years ago. Mark Edwards, CEO, and Matias Shulz, COO of ViewMind, share their insights into key points to keep in mind for international companies that target the European market.
Read more

People and partnerships key to success

16-01-2023

In late 2017, San Francisco-based global space-based data, analytics and space services provider Spire opened its Luxembourg office to increase its European footprint. We spoke to John Lusk, COO of Spire Maritime, about what he sees as the main success factors and pitfalls to be avoided for international companies expanding to Europe.
Read more

House of BioHealth extension inaugurated

12-01-2023

On 12 January 2023, a new extension of the House of BioHealth, Luxembourg’s unique hosting facility for biotech and healthtech companies was officially inaugurated. A total of 15,000 m2 of lab and office space are now available for businesses in the sector.
Read more

Gaining a foothold in Europe

10-01-2023

For decades, they have been supporting international companies that are looking to come to Europe and set up branch offices or regional headquarters here. Four Luxembourg-based experts share their insights on how to make the ride to Europe as smooth, speedy and successful as possible.
Read more

Luxembourg ranks 11th in 2023 Global Innovation Scorecard

09-01-2023

Luxembourg is one of 24 countries classified as "innovation champions" in the 2023 Global Innovation Scorecard. The country stands out for its high degrees of freedom and diversity.
Read more

All news

Close