The EuroHPC Joint Undertaking (JU) is a legal and funding entity which will enable pooling of the Union’s and national resources on High-Performance Computer (HPC) with the aim of:
- acquiring and providing a world-class pre-exascale supercomputing infrastructure to Europe’s scientific and industrial users, matching their demanding application requirements by 2020,
- developing exascale supercomputers based on competitive EU technology that the Joint Undertaking could acquire around 2022/2023, and that would be ranking among the top three places in the world.
The EuroHPC Joint Undertaking is foreseen to start operating in 2019 and will remain operational until the end of 2026.
Its budget will consist of EUR 486 million from the present budgetary framework of the Union, and more specifically in both Horizon 2020 and Connecting Europe Facility (CEF) programmes. The budget will be matched by a similar amount from the participating countries. The private entities should also provide in-kind contributions. The Joint Undertaking will provide financial support in the form of procurement or research and innovation grants to participants following open and competitive calls.