:

Business/Financial

In-Q-Tel Invests In Quantum Computing Firm

By Cal Biesecker

Thursday, April 16th, 2020

SHARE:

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…

Congress

SASC’s FY ‘27 NDAA Sticks With Army’s Plan For Legacy Aviation Procurement Cuts

The Senate Armed Services Committee’s (SASC) version of the next defense policy sticks to the Army’s proposed plan to cut procurement of its legacy aviation fleet, and does not authorize […]

Congress

SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction

The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]

Congress

House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation

House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]

Congress

MOSA Implementation By Pentagon Lagging, GAO Official Says

While the Modular Open Systems Approach (MOSA) has been a requirement for major defense acquisition programs since January 2019 and other Defense Department acquisitions since January 2021, few programs are […]