News & Analysis

QUANTUM LEAP: CSIRO predicts a new tech sector will generate $4 billion annually within 20 years

- May 22, 2020 2 MIN READ

The quantum technology sector could be worth more than $4 billion annually and create 16,000 jobs by 2040, according to a report by CSIRO. The Growing Australia’s Quantum Technology Industry report sees potential in everything from national security to mineral exploration, drug and materials development, and communications from spin offs resulting from quantum physics developments.… Read more »

Other

Quantum computing chip maker Archer Materials signs a deal with IBM

- May 5, 2020 2 MIN READ

ASX-listed tech company Archer Materials has signed an agreement with IBM to advance the widescale development of its quantum computing technology. Based in Adelaide and Sydney, Archer uses a unique carbon-based material in its 12CQ qubit processor chip technology that has the potential to enable chip operation at room-temperature and integration with modern electronic devices.… Read more »

News & Analysis

A Sydney University professor just raised $22 million to solve a big problem in quantum computing

- September 11, 2019 2 MIN READ

Square Peg Capital Partner Tushar Roy with Professor Michael Biercuk, founder and CEO of QCTRL. Photo: supplied Quantum computing startup Q-CTRL has raised US$15 million (AU$22m) in a Series A round led by Square Peg Capital.  Silicon Valley’s Sierra Ventures also joined the raise beside existing investors, including Sequoia Capital, Main Sequence Ventures, and Horizons… Read more »