Queensland reveals detail of equity stake in PsiQuantum


Joseph Brookes
Senior Reporter

The Queensland government’s $465 million investment in PsiQuantum includes a US$125 million (A$188 million) convertible note, offering the state a potentially valuable share in the US firm vying to build the world’s first quantum computer.

InnovationAus.com can reveal Queensland’s stake in the US firm – which was founded by two Australians – after a secretive selection process and then a delay between the announcement of the deal and the actual …

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