QuantumTX Space & Technology Incubator Delivers $750,000 to 30 Companies Across Australia — Quantum
Summary
The 2022 QuantumTX space and technology incubator program has awarded $750,000 of support to 30 companies from across Australia.The QuantumTX incubator program helps start-ups and small-to-medium companies develop technologies and services that support remote operations, including in robotics, artificial intelligence, satellite communications, simulation, digital systems and interoperability.Each company receives $25,000 worth of support to help scale their businesses and innovative products that demonstrate potential global competitive advantage. QuantumTX facilitates access to test sites, specialist sector expertise, technical mentors and international workshops.Since its inception in 2018, the QuantumTX incubator program has delivered more than $3 million in support to 124 startups and SMEs across the country. The 2022 program is the largest to date.Quantum Technology Exchange founder, Adjunct Professor Peter Rossdeutscher said participants come from across Australia and will gain access to more than 50 experts from leading companies in the space, resources, defence and technology sectors.
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