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To date, the company has raised more than $43 million (60 million AUD) in total capital. “Q-CTRL’s vision has always been to enable all applications of quantum technology. Q-CTRL and Quantum Machines team up to accelerate quantum computingThe company is also developing space-qualified quantum sensors and exploration technologies for Earth, the Moon and Mars with a consortium of Australian firms led by Fleet Space Technologies. Its revenue in FY2020/2021 was up 3X year on year, and the company generated over $9 million in sales and booking for its new quantum sensor business, which only commenced in late 2020, Biercuk said. Despite this, the company has grown from about 20 to 60 on its team since January 2020, Biercuk continued. He added that the company operates a large team of quantum control specialists with over 30 PhD-level researchers driving its research and product development in quantum computing and quantum sensing. The company recently launched Black Opal, an interactive and accessible online learning platform that enables anyone to learn quantum computing. Q-CTRL provides infrastructure software that improves quantum computing performance by addressing the most pressing challenge in the field – hardware error and instability, Biercuk told TechCrunch. Q-CTRL currently operates offices in Sydney and Los Angeles.
Sydney