:

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

Wisconsin GOP Lawmakers Urge Trump Admin Support For Marines’ JLTV Second Supplier Effort

Wisconsin’s GOP congressional delegation is urging the Trump administration to support legislative language enabling the Marine Corps to potentially bring in a second Joint Light Tactical Vehicle (JLTV) supplier. The […]

Congress

Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests

The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]