Australia’s $1 billion bet on a US quantum computing startup will deliver double digit returns to taxpayers, Industry minister Ed Husic has claimed while defending the deal from Opposition...
The federal government is assessing an unsolicited proposal from a group of Australian quantum companies seeking substantial funding to build ‘test-bed’ infrastructure that could be used by the local...
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’...
Sydney quantum startup Q-CTRL on Tuesday added an all equity $87 million raise to its multi-year Series B, taking the round past $166 million and bucking fears of a...
The Queensland government has delivered a $53 million boost to quantum research and commercialisation in support of PsiQuantum’s endeavor to build the world’s first fault-tolerant, error-corrected quantum computer. Seven...
The National Quantum Strategy contains a truly audacious claim: that Australia will build the world’s first error-corrected quantum computer. Is this possible? Australia doesn’t even manufacture conventional computers. Can...
Any casual conversation about Australian invention usually starts with the humble Hills Hoist – a simple mechanical system known for its practicality and durability. The conversation often progresses to...
A dearth of scaleup funding and workforce constraints are stifling Australia’s budding quantum sector, according to local deep tech founders, who say more venture capital and government support is...
Crossbench senators have called for a significant rework of the federal government’s signature Future Made in Australia plan, setting up a Senate showdown as early as the coming week....
PsiQuantum – the Silicon Valley startup that secured almost $1 billion from Australian governments – says it will need a lot more help to develop the world’s first useful...