Tag: Helen Wilson

PsiQuantum’s Brisbane site construction kicked to next year

Posted on   |  by Justin Hendry
PsiQuantum, the Australian government-backed quantum computing startup, will miss its target to break ground on its Brisbane manufacturing and production facility in 2025, Senate Estimates has heard. Officials from...

Govt touts US$65m paper gain on PsiQuantum investment

Posted on   |  by Justin Hendry
The Albanese government’s stake in PsiQuantum surged US$65 million to US$190 million following the company’s Series E capital raise last month, despite its valuation more than doubling. Trade minister...

‘Salesman push’: Chief scientist doubted $1b quantum deal

Posted on   |  by Justin Hendry
Australia’s outgoing chief scientist Cathy Foley initially doubted the claims of Californian startup PsiQuantum in its unsolicited proposal to the federal government and was “put off by the ‘salesman’...