SQC receives $40 million investment from NRFC
This brings NRFC's total commitment to $60 million, accelerating full-stack quantum manufacturing.
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Silicon quantum computing hardware and software company
sqc.comLast updated
In short: SQC secured $60m in government funding, DARPA Stage B advancement, and NVIDIA and Schneider Electric milestones.
This brings NRFC's total commitment to $60 million, accelerating full-stack quantum manufacturing.
The funding accelerates SQC's atomic-scale manufacturing and growth, creating skilled jobs in quantum engineering and chip design.
Through ASCA's EDT program, SQC will deliver a Watermelon QML system, engineered with atomic precision in Sydney, to Defence.
Investors include the Australian government, CBA, Telstra, and UNSW; the round valued SQC at $195.3m.
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