Bosch Forms Joint Venture with Element Six in Quantum Sensing
Deal News | Apr 08, 2025 | Gleiss Lutz
Gleiss Lutz, a prominent law firm, is advising Robert Bosch GmbH in the formation of Bosch Quantum Sensing, a joint venture with Element Six. This collaboration aims to harness the potential of quantum sensors in diverse sectors including natural resource exploration, aircraft navigation, and medical technology. Bosch has invested over a decade in quantum sensor research, with projections estimating significant market potential in medical and mobility applications reaching mid-single-digit billions in euros by the mid-2020s. Under this agreement, Bosch will spearhead operations, holding a majority stake, while Element Six will possess a 25% share. Regulatory approvals are pending for the venture. The legal team from Bosch's side and the advisory team from Gleiss Lutz have been key players in this development.
Sectors
- Technology
- Medical Technology
- Aerospace and Navigation
Geography
- Germany – Robert Bosch GmbH and the advising law firm Gleiss Lutz are based in Germany, which is central to this joint venture.
Industry
- Technology – The article focuses on the development and commercialization of quantum sensing technology, a cutting-edge area in the technology sector.
- Medical Technology – Bosch Quantum Sensing aims to explore applications in medical technology, positioning this sector as a key market for the joint venture.
- Aerospace and Navigation – The application of quantum sensors in aircraft navigation highlights the importance of this sector in the venture.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Robert Bosch GmbH | Lead Partner in Joint Venture | Company | A multinational engineering and technology company leading the Bosch Quantum Sensing venture. |
| Element Six | 25% Stakeholder | Company | A world leader in synthetic diamond solutions, collaborating in the Bosch Quantum Sensing venture. |
| Gleiss Lutz | Legal Advisor | Company | The law firm advising Bosch on the establishment of the joint venture. |
| Dr. Ulrich Zeller, Florian Scholz, Yuzo Iwami | Legal Department | People | Bosch’s legal team involved in the joint venture with Element Six. |
| Dr. Jochen Tyrolt, Johannes Schrgle, Dr. Nikolas Frey | Advisory Team | People | Gleiss Lutz team leading the advisory role for the joint venture. |