🙌 Quantum's tariff advantage
Australian quantum computing startups like Diraq, SQC and Q-CTRL are likely to escape the worst damage from Trump's tariffs, even as they continue to win US government support.
Donald Trump's ever-evolving tariffs have triggered concerns within Australian deep tech, but Diraq founder Andrew Dzurak is confident the chaos won't last. The quantum startup plans to release its first product in 2029, by which time he expects the protectionist typhoon will have long subsided.
"At the end of the day, no administration is going to want to shoot itself in the foot and create major financial and security problems for their country," Dzurak told Capital Brief, "so I think on some of these things, pure fundamental logic will prevail."
"That doesn't mean that a few eggs don't get broken along the way."
Australia's deep tech sector has been on a roll so far in 2025, with non-software startups inking the majority of new fundraising deals in the year's opening months. Yet that momentum is imperilled by Trump's Liberation Day tariffs, which will make moving physical goods more expensive and supply chains less certain.
