Article

Diraq has secured $20 million from the National Reconstruction Fund to enhance its quantum computing systems, with plans to launch its first commercial product by early 2029. The funding will facilitate the integration of quantum chips into data centers, aiming for the deployment of one million quantum bits by 2031, while the company expands its workforce and collaborates with Australian data center operators. Since its founding in 2022, Diraq has raised over $100 million and is focused on advancing its technology through various developmental milestones.