According to the Zhutong Financial APP, Australian quantum technology startup Q-Ctrl has raised 59 million US dollars from investors including Lockheed Martin (LMT.US) Ventures department Lockheed Martin Ventures. This is the latest sign of increasing interest in the potential military applications of quantum technology.

It is worth noting that Q-Ctrl has also received funding from Salesforce Ventures, the venture capital arm of salesforce. Q-Ctrl develops software to suppress quantum computing errors. The company launched quantum sensors last year for navigation, providing error-suppression software for sensors, and authorizing the use of laser and other technologies to make sensors more precise.

Q-Ctrl CEO Michael Biercuk said: 'We have been working with the Australian Department of Defense to develop solutions. Quantum computing has not yet proven to be superior to classical computers, but its advantages in the sensor field are evident.'

Q-Ctrl stated that this funding from investors such as Lockheed Martin Ventures has raised the size of the company's Series B financing led by GP Bullhound to 0.113 billion US dollars. This funding will be used to help establish a sales and marketing team. Michael Biercuk stated that the company has approximately 130 employees, with a significant number being scientists and engineers.