Oh great, more industrial policy. I'm sure the results of this program will be just as spectacular as Japan's fifth-generation computer.
During a time when software and hardware applications had no large market, the military and the government where essentially the only large consumers of the American businesses that are now hundreds of billions of dollars large.
Entrepreneurs in the US love this renegade story of somehow being less dependent on government support than anyone else on the planet, but it's revisionist history. A lot of American commercial success in IT has its roots in government funded programs and consumption.
No, it will fail, as every German project of this kind failed. Someone will get rich, the project will close after some years. The overrated Germany is socialism 2.0.