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Australia's NRFC has committed an additional AUD$40 million to Silicon Quantum Computing, bringing total state support to AUD$60 million to scale its proprietary atomically precise qubit manufacturing. This funding reinforces the nation's strategy to retain advanced semiconductor capabilities and domestic talent within its emerging quantum sector. The investment specifically targets the expansion of SQC's unique process for placing individual phosphorus atoms in silicon, a critical step toward commercializing quantum processors.
Silicon Quantum Computing Secures Additional AUD$40 Million From Australia’s NRFC
Insider Brief Australia has doubled down on its bet on homegrown quantum technology, increasing its investment in Silicon Quantum Computing to a total of AUD$60 million. The National Reconstruction Fund Corporation (NRFC) announced that it will provide an additional AUD$40 million to Silicon Quantum Computing (SQC), building on the AUD$20 million investment first announced in […]
Australia has increased its investment in Silicon Quantum Computing to AUD$60 million, adding AUD$40 million to an initial AUD$20 million commitment announced in March. The additional funding will support the expansion of SQC’s atomically precise quantum chip manufacturing capabilities, including its proprietary Precision Atom Qubit Manufacturing process. The investment aligns with Australia’s broader strategy to build a domestic quantum industry, strengthen advanced semiconductor capabilities and create highly skilled jobs. Australia has doubled down on its…
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