Tag: quantum

Govt loan untouched as PsiQuantum capital raise incomplete

Posted on   |  by Justin Hendry
US-based PsiQuantum is yet to meet the terms of its $275 million debt agreement with the federal government, preventing it from drawing down on the partially-interest free loan months...

BluGlass doubles value of US CHIPS contracts

Posted on   |  by Brandon How
Sydney-based laser diode manufacturer BluGlass has doubled the value of contracts signed through a United States military semiconductor innovation hub, to develop its technology for quantum computing and artificial...

Modest quantum grants arrive as govt outpaces private capital

Posted on   |  by Joseph Brookes
The first recipients of the Albanese government’s quantum challenge program have been unveiled, with 14 consortia sharing in $5.2 million to explore the technology’s potential for sectors like energy,...

PM defends PsiQuantum deal as Queensland review looms

Posted on   |  by Justin Hendry
Anthony Albanese has reaffirmed his support for Australia’s $1 billion bet on PsiQuantum and talked up the “enormous advantage” it will give Queensland after the state’s new government said...

Canadian quantum firm links up with Macquarie Uni

Posted on   |  by Justin Hendry
Canadian quantum computing outfit BTQ Technologies has partnered with Macquarie University on advanced quantum algorithms and secure communications research. The strategic partnership, announced on Tuesday, will look to integrate quantum...

Diraq picks up Defence, Dual-Use Tech & Space Award

Posted on   |  by Stuart Mason
Quantum pioneer Diraq has won the Defence, Dual-Use Technology and Space category at the InnovationAus 2024 Awards for Excellence for its tech advancements that could see the potential of...

Diraq makes big strides in global quantum race

Posted on   |  by Stuart Mason
The global race to build the first commercial quantum computer is heating up.  Some of the largest tech companies in the world, including IBM, Amazon and Microsoft, are vying...