CEO · Founder, Q-CTRL
Stories naming Prof Michael J Biercuk. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Defence tech firm Q-CTRL reports a first-at-sea trial navigating a vessel with no satellite positioning, using a quantum gravity sensor hardened by software, reaching nautical-mile accuracy and extending its navigation product line.
Q-CTRL has won $38 million of DARPA defence contracts to build GPS-independent quantum navigation technology, working alongside Lockheed Martin on jam-proof sensors.
Also Defence Connect
Quantum firm Q-CTRL ran a shipboard trial of its quantum navigation sensor on a Royal Australian Navy vessel, operating 144 hours unattended and showing GPS-independent positioning, with results validated in a journal.
Sydney quantum software company Q-CTRL has launched free webinars teaching quantum computing basics, built on its Black Opal education platform, with more sessions planned across 2025.
Year-end roundup ranking 2024's twelve largest startup raises, headed by PsiQuantum's $940 million government-backed quantum computing round, plus Guzman y Gomez's ASX listing and Betashares' Temasek investment.
Weekly roundup detailing six Australian raises: Q-CTRL's Series B extension, plus fresh capital for Mutinex, Atelier, Rosterfy, Build Club and Axify.ai, naming lead investors and founders throughout.
Quantum computing company Q-CTRL has added $87.5 million in fresh equity, expanding its Series B round, with GP Bullhound leading and a group of new and returning backers participating.
Also Forbes Australia·SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily
Briefs roundup: Main Sequence adds Alison Deans as venture partner; Starpharma hands the CEO role to Cheryl Maley; DroneShield lands a $2.2 million repeat order; Q-CTRL will deliver quantum training with QUIN.
Weekly roundup covering five Australian startups that announced a combined $58.5 million in new funding, spanning quantum computing, advertising software, mining safety technology and event rental software, alongside government grant programs.
A roundup of Australian manufacturing news: a summit keynote, a product launch, a CEO appointment, an acquisition, a quantum HQ, training and supply deals, and a refrigeration deployment.
Quantum control software firm Q-CTRL is opening a purpose-built Sydney headquarters for quantum research, product development and commercialisation, backed by NSW and federal government funding, with opening expected late 2023.
Also @AuManufacturing·SmartCompany·SmartCompany·@AuManufacturing
Sydney quantum software firm Q-CTRL announced a $27.4 million Series B extension with new backers including Salesforce Ventures, following its $25 million Series B led by Airbus Ventures in late 2021.
Also Startup Daily·SmartCompany·SmartCompany·SmartCompany·@AuManufacturing·Forbes Australia
Quantum firm Q-CTRL wins a US energy department research grant to automate quantum hardware with AI alongside a national laboratory, and the article recalls its recent Series B led by Airbus Ventures.
Roundup of nine startup raises totalling $70 million, including Q-CTRL's Series B, Foundry Lab's round led by Blackbird, and EnGeneIC's crowdfunded COVID-19 vaccine raise, plus a new Elenium Automation board member.
Also AgFunderNews·Techboard·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Startup Daily