Silicon Quantum Computing secures $3.6 million in federal quantum technology grant to advance AI-enhanced energy forecasting with Schneider Electric.
Oct 05, 2026
SydneyManufacturing
Description
Silicon Quantum Computing, a UNSW spinout, received $3.6 million in federal government grants as part of a $12.3 million allocation across six quantum startups. The funding will support expansion of SQC's partnership with Schneider Electric and UNSW to develop quantum-enhanced artificial intelligence for energy forecasting and renewable electricity optimization. The company's Watermelon quantum-enhanced AI processor, combined with Schneider Electric's forecasting models, demonstrated a 20% average improvement in next-day energy forecast accuracy during initial testing. The grant will enable the technology to be scaled across hundreds of Australian homes and integrated into Schneider Electric's AI workflows.
Company Information
Company
Silicon Quantum Computing
Location
Sydney, New South Wales, Australia
About
Silicon Quantum Computing Pty Limited (SQC) is pioneering efforts to develop a commercial-scale quantum computer. The company focuses on high-quality qubits formed from phosphorus atoms embedded in silicon, prioritizing atomic precision in its manufacturing process. SQC's advancements in quantum technology aim to overcome the challenges of high error rates in quantum computing. This innovative approach positions SQC as a leader in delivering reliable and efficient quantum computing solutions.
SydneyManufacturing