by a similar amount from the participating countries. Additionally, private members are contributing an amount of €900 million. The Joint Undertaking provides financial support in the form of procurement or research and innovation grants to participants following open and competitive calls. The EuroHPC JU has the twin objectives of; developing a pan-European supercomputing infrastructure: buying and deploying in the EU at least two supercomputers that will be among the top 5 in the world and at least two other that would today rank in the global top 25 for Europe's private and public users scientific and industrial users, for use in more than 800 scientific and industrial application fields; supporting research and innovation activities: developing a European supercomputing ecosystem, stimulating a technology supply industry, and making supercomputing resources in many application areas available to a large number of public and private users, including small and medium-sized enterprises. Supercomputers In June 2019, the EuroHPC JU governing board selected 8 sites for supercomputing centres located in 8 different EU Member States to host the new high-performance computing machines. The hosting sites will be located in Sofia (Bulgaria), Ostrava (Czech Republic), Kajaani (Finland), Bologna (Italy), Bissen (Luxembourg), Minho (Portugal), Maribor (Slovenia), and Barcelona (Spain). 3 of the 8 sites will host precursor to exascale machines (capable of executing more than 150 Petaflops, or 150 million billion calculations per second) that will be in the global top 5 supercomputers, and 5 petascale machines (capable of executing at least 4 Petaflops, or 4 million billion operations per second). In 2022, the EuroHPC governing board selected a further 5 sites to host a new fleet of EuroHPC supercomputers, including the first European exascale supercomputer, to be located in Germany. Discoverer "Discoverer", the EuroHPC supercomputer located in Bulgaria, was the third launched under the program on October 21, 2021. Located on the territory of the Bulgarian Science and Technology Park "Sofia Tech Park" in Sofia, Bulgaria. The cost is co-financed by Bulgaria and EuroHPC JU with a joint investment of € 11.5 million completed by Atos. Discoverer has a stable performance of 4.5 petaflops and a peak performance of 6 petaflops. Vega The Slovenian "Vega" was the first of the EuroHPC JU supercomputers to be launched on 20 April 2021. The system, built by Atos, is located at the Institute of Information Science Maribor (IZUM) in Maribor, Slovenia. The Vega supercomputer was jointly financed by EuroHPC JU