Silex, Silicon Quantum Computing expand offtake agreement by $1.35 million

Silex Systems has announced an amendment to its 2019 offtake agreement with quantum technology business Silicon Quantum Computing, increasing SQC’s commitment for silicon products made from high-purity zero-spin silicon (ZS-Si) using Silex’s proprietary laser enrichment technology. According to a statement from Silex on Tuesday morning, the total value of the commitment has increased by $1.35…

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BluGlass appoints new full-time CFO ASX-listed semiconductor company BluGlass has announced the appointment of Samuel Samhan (pictured) as Chief Financial Officer on a full-time basis, effective immediately. BluGlass said in a statement on Monday that Samhan is a highly credentialled senior executive with over 20 years of financial leadership and commercial  operations experience, including as…

Silex Systems awarded defence support for quantum silicon production

Industrial technology company Silex Systems has been awarded defence funding support for its development of technology to produce zero spin silicon (ZS-Si) needed to manufacture quantum computing chips. The company has been awarded $5.1 million funding from the Defence Trailblazer for the Concept to Sovereign Capability Program. The Trailblazer is a partnership between the University…

SQC raises another $50 million for quantum development

Sydney quantum computing hardware manufacturer Silicon Quantum Computing (SQC) has closed a scaled back $50.4 million Series A capital raising to fund the manufacture of the world’s first scalable, error corrected quantum computer. The investors in the latest round are the Commonwealth Government and institutions including the Commonwealth Bank of Australia (CBA), Telstra and the…