SQC in National Reconstruction Fund talks after Telstra hails quantum breakthrough
Silicon Quantum Computing manufactures around one atomic processor per week. As the startup looks to commercialise years of R&D, it wants to grow that number dramatically.
Silicon Quantum Computing (SQC) founder Michelle Simmons is looking to tap the National Reconstruction Fund (NRF) for investment after Telstra touted the usefulness of the startup's quantum chips.
On Monday, the business revealed its Watermelon quantum processors had reduced training time for new Telstra AI models from days to weeks. And while the startup currently churns out around one chip a week, the business is looking at ways to scale.
"We've definitely been talking," Simmons told Capital Brief when asked about the NRF, which has a mandate to boost Australia's advanced manufacturing. "We have something that is globally unique, and absolutely want to build manufacturing here in Australia first."
"We have .13 nanometer precision — the highest precision manufacturing on the planet. If you look at TSMC [Taiwan Semiconductor Manufacturing Company], they've gone from three nanometers to two nanometers [and it] cost hundreds of millions of dollars."
