Thanks for posting.....further to this story, there was another AFR piece on August 18th 2023, where Michelle Simmons was grappling with a shortfall of $100 million in funding and SQC could only manage to raise $50 million....which would give them only a 3 year development runway.
We should also take note here that SQC and Diraq are aiming to make a 100s of physical qubits by 2028. A roadmap that SQC also revised from 2033 to 2028. AXE is working in a different space altogether as we know. A few robust qubits at ambient temps. Diraq's eventual goal is for a billion qubits on a chip, with the dilution fridge to cool things down as I presume from that picture.
So perhaps, if the billion qubit companies are saying 2028, AXE could possibly have something sooner. And by what we're seeing so far, at the fraction of the cost. Also AXE has semiconductor design and lithography capability in-house, has deep domain materials science expertise in-house. Is a nanotechnology company. Is working at the edges of nanometer and atomic scales. Has a guy who built an atomic transistor and knows his way around this next frontier that the semiconductor industry is now staring at head on.
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