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Business/Financial

In-Q-Tel Invests In Quantum Computing Firm

By Cal Biesecker

Thursday, April 16th, 2020

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In-Q-Tel Invests In Quantum Computing Firm

Professor Michael Biercuk, founder and CEO of Q-CTRL. Photo: Q-CTRL.

Quantum computing startup Q-CTRL this week said it has received an investment from strategic investor In-Q-Tel to help accelerate quantum technology solutions for national security needs. The value of the investment wasn’t disclosed. Q-CTRL, which is based in Australia and has a U.S. headquarters in Los Angeles, develops software to reduce hardware error and instability to enable more reliable quantum computations. “We have assembled the world’s leading collection of specialists in quantum control, and this investment by In-Q-Tel is a…

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