Q-CTRL Receives Strategic Investment from In-Q-Tel

Q-CTRL

Q-CTRL, a Sydney, Australia-based startup that applies the principles of control engineering to accelerate the development of quantum technology, received a strategic investment from In-Q-Tel.

The amount of the deal was not disclosed.

The company intends to use the funds to continue to expand operations.

Founded in November 2017 by Professor Michael J. Biercuk, CEO, Q-CTRL is a quantum control company engineering, delivering software products and professional services to allow customers and partners to harness the properties of quantum physics for real-world benefit.

More recently, the company has begun applying its tools and expertise to quantum enhanced sensing, helping to improve the efficiency and performance of standoff detection as well as precision navigation and timing for defense and aerospace.

Funded by SquarePeg Capital, Sierra Ventures, Sequoia Capital China, Data Collective, Horizons Ventures, and Main Sequence Ventures, Q-CTRL recently opened its U.S. headquarters in Los Angeles.

FinSMEs

15/04/2020

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