Investor Australian Government Department of Industry, Science, Energy and Resources
Investee PsiQuantum Corporation
Start Date 2024-04-19
Is Current yes
Amount 470,000,000 AUD
Goods Australia will invest nearly a billion dollars to build the first commercially useful quantum computer in Brisbane. The federal and Queensland governments are each chipping in $470 million to the tech startup PsiQuantu. https://www.abc.net.au/news/2024-04-30/australia-signs-deal-for-first-useful-quantum-computer/103781352