Bosch 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, Bosch Quantum Sensing currently employs 30 associates. Bosch itself will be the lead partner and be 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.