Michelle Simmons, the CEO and founder of Silicon Quantum Computing, renowned for her groundbreaking work in quantum technology, has recently been appointed to the Tech Council of Australia’s board of directors. Simmons’ venture, Silicon Quantum Computing, emerged from the University of New South Wales in 2017 with a mission to pioneer quantum computing hardware.
The company, which embarked on a journey to develop the world’s first practical quantum computer, made significant strides in 2023 when it secured $50 million in a Series A funding round, elevating its valuation to $195.3 million. The Australian federal government contributed $15 million towards this funding, solidifying its substantial stake in Silicon Quantum Computing.
Simmons, a distinguished figure in the field and a former Australian of the Year, is not only the co-founder of Silicon Quantum Computing but also a founding member of the Australian Quantum Alliance under the Tech Council of Australia. This alliance is committed to fostering a vibrant quantum industry within the country to drive innovation, create employment opportunities, and bolster economic growth.
Joining the board of the Tech Council of Australia places Simmons in a strategic position to leverage her extensive expertise in quantum computing and commercialization. Scott Farquhar, the chair of the Tech Council of Australia, expressed enthusiasm about Simmons’ appointment, highlighting the valuable perspective and capabilities she brings to the leadership team.
Quantum computing has been gaining momentum globally, with Australian companies like Quantum Brilliance and DeteQt making notable advancements in the field. Quantum Brilliance, utilizing diamonds to enhance the affordability of quantum computing, secured $32 million in funding, while DeteQt, specializing in quantum technology for GPS-denied navigation systems, raised $750,000 in its pre-seed round.
The Tech Council of Australia, with Simmons now on board, aims to propel the growth of the local quantum industry and other deep tech sectors. Simmons herself expressed eagerness to contribute to the technology sector during a pivotal period of transformation, emphasizing the critical role of technology in driving economic prosperity.
Simmons’ appointment underscores a significant development in the convergence of quantum technology and industry leadership within Australia. As the quantum computing landscape continues to evolve, the collaboration between academia, government, and industry players is poised to shape the future of technology innovation and economic growth.
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