Business

Silicon Quantum Computing built a bigger, better, faster processor chip

- December 26, 2025 2 MIN READ

Sydney startup Silicon Quantum Computing (SQC), which builds its own quantum chips (QPUs) for commercial-scale quantum systems, has achieved a breakthrough in scaling processors.  The company’s manufacturing process, developed over 25 years, patterns chips with 0.13 nanometer (atom level) precision to create the most accurate semiconductor manufacturing process in the world. Details of the latest… Read more »

Business

Blackbird-backed PsiQuantum becomes a $10.5 billion gorilla after $1.5bn Series E

- September 11, 2025 3 MIN READ

PsiQuantum, the US startup with Australian cofounders, has raised a gobsmacking US$1 billion (A$1.5bn) in a round that’s more than doubled its valuation in four years to US$7bn (A$10.5bn). The California startup, founded in Palo Alto in 2015 by expat Australian professors Jeremy O’Brien, Terry Rudolph, Mark Thompson and Dr Pete Shadbolt, hopes to build… Read more »

AI/Machine Learning

Data centre giant NextDC is building a $2b billion digital tech campus in Melbourne

- June 12, 2025 2 MIN READ

ASX-listed data centre business NextDC (ASX:NXT) will build a $2 billion tech hub in Port Melbourne as part of the Victorian government’s Fishermans Bend Innovation Precinct. Named M4, it will be purpose-built for sovereign AI, high performance computing (HPC), advanced manufacturing and deep tech, with three core components: an AI factory to support NVIDIA’s Blackwell and… Read more »

People

Quantum pioneer Michelle Simmons joins Tech Council board

- June 5, 2025 2 MIN READ

Quantum physicist and deeptech startup founder Professor Michelle Simmons has joined the board of The Tech Council of Australia (TCA). Her appointment dramatically improves the representation of women in the industry lobby group, which last year came under fire last year for failing to act when former board member Richard White faced inappropriate conduct allegations.… Read more »

Q-CTR founder Michael Biercuk
Events

Q-CTRL is offering free online quantum computing masterclasses

- May 27, 2025 2 MIN READ

Sydney quantum software scaleup Q-CTRL has launched a series of free education and workplace development webinars to inspire future quantum leaders, Q-CTRL has leveraged the interactive learning modules by Black Opal to help to meet the growing demand for quantum-savvy employees. Sydney University quantum physicist Prof Michael J. Biercuk launched Q-CTRL in late 2017, pioneering… Read more »

Funding

Veteran Canberra quantum cybersecurity firm cracks $20 million

- March 31, 2025 < 1 MIN READ

The Labor government’s flagship National Reconstruction Fund is deploying 0.1% of its $15 billion war chest to fund a $20 million raise for 20-year-old Canberra cybersecurity firm QuintessenceLabs. The $15 million from the independent NRF comes as the government moves into caretaker mode ahead of a federal election on May 3. The National Reconstruction Fund… Read more »

Funding

University of Sydney quantum sensing spinout lands $750,000 pre-Seed

- March 27, 2025 2 MIN READ

A diamond-on-silicon quantum sensing startup cofounded by two University of Sydney professors has raised $750,000 in pre-Seed funding. The raise for DeteQt was backed by deep tech CSIRO-backed Main Sequence Ventures and US deep tech investor ATP Fund. DeteQt was founded by Adjunct Professor Jim Rabeau and Professor Omid Kavehei from the University of Sydney Nano… Read more »

Funding

PsiQuantum is on the hunt for another $1.2 billion in funding

- March 26, 2025 2 MIN READ

PsiQuantum, the US quantum computing startup backed by $940 million in Australian and Queensland government funding, is reportedly looking to raise at least US$750 million (A$1.19 billion). Reuters reports that the raise is underway at a US$6 billion (A$9.5bn) pre-money valuation, according to sources, with US investor BlackRock leading the fundraising effort The California startup founded… Read more »

Canberra
Funding

The controversial $940m government deal to back US quantum computer maker PsiQuantum is under review for ‘lessons’

- January 29, 2025 3 MIN READ

An independent review is underway into “lessons learned” from the process enabling a $940 million deal for US firm PsiQuantum to attempt to build the world’s first utility-scale quantum computer in Brisbane, as well as how potential conflicts of interest were managed, newly tabled documents reveal. The documents, released to the Senate late last year,… Read more »

Quantum Computing

Quantum clock maker QuantXLabs strikes 12 with $2.7 million defence deal

- September 13, 2024 2 MIN READ

Quantum sensors startup QuantX Labs has bagged a $2.7 million deal with the Australian government for optical atomic clocks for the Australian Defence Force (ADF). Two contracts will enable partners in the defence pact AUKUS between Australia, the US and UK, to develop position navigation and timing (PNT) capabilities in precision navigation and timing in… Read more »

Tom Cruise
Politics

The Australian government is threatening quantum founders with 10 years in jail if they export it – even stuff that doesn’t exist – without permission

- August 30, 2024 3 MIN READ

The Australian quantum sector will now face harsh criminal penalties if it shares information or technology, even accidentally, with individuals from overseas after quantum technology was brought under the export control scheme. The Department of Defence unveiled the first changes to the Defence and Strategic Goods List in three years, with quantum computers officially added.… Read more »