In-Q-Tel’s Investment in Q-CTRL Part of Intelligence Community’s Mission to Identify & Invest in Emerging Technology
(WashingtonTechnology) In-Q-Tel has entered two more investments announced Tuesday as part of that organization’s mission as the intelligence community’s venture capital arm to identify and invest in emerging technology companies.
One of those firms In-Q-Tel has backed specializes in the much-talked about domain of quantum computing. Q-CTRL focuses its energy on control engineering, or the tools that are intended to help reduce noise and error. Q-CTRL sees the main challenge of quantum computing as in maintaining hardware stability and how both software and firmware interact with that stack.
The company was founded in 2017 and join IBM’s Q startup network the next year. Founder and CEO Michael J. Biercuk started the Q-CTRL on the heels of research he led at the University of Sydney in Australia, where he is a professor of quantum physics and quantum technology.