Bosch Establishes Company with Element Six

For more than ten years, Bosch has been researching the quanta field, and it is playing a decisive part in commercializing quantum sensors. Since 2023, it has had a development collaboration with Element Six, the world’s leading solutions provider of synthetic diamonds.

The German tech giant is now significantly extending this alliance and establishing a joint venture, to be known as Bosch Quantum Sensing. The joint venture will be based on the in-house start-up of the same name, which Bosch set up in 2022. Domiciled in Ludwigsburg, Germany, the new company currently employs 30 associates. Bosch itself will be the lead partner and responsible for operations. Element Six will hold a 25 percent stake. It has been agreed that further financial details will not be disclosed. The establishment of the new company is still subject to official approval.

Bosch Quantum Sensing sees many areas in which novel quantum sensors can be used, from exploration of natural resources to aircraft navigation and medical technology. By the middle of the next decade, Bosch estimates that the global market potential of medical and mobility applications will be in the mid-single-digit billion euros range per year. Synthetic diamonds are a key component of Bosch quantum sensors. In stepping up its partnership with Element Six, the German company is making a determined move toward the commercialization of quantum sensors.

“Quantum sensors are a future technology with huge potential. They will bring about fundamental changes in many sectors of our economy and improve people’s lives. In setting up this new company, we are underscoring this technology’s strategic significance for Bosch. As the innovation leader of commercial quantum sensors, we will work with Element Six to further extend our technological lead,“ said Stefan Hartung, chairman of the board of management of Bosch.