Sydney – October 24, 2026 -- Diraq, a University of New South Wales (UNSW) spin-out that builds quantum computers from modified standard transistors, expects chips with thousands of qubits as early as 2028 and universal fault-tolerant machines in the 2030s, according to founder and CEO Andrew Dzurak.

New York – October 12, 2026 -- Diraq will deploy up to $300 million to support independent verification and validation of its quantum computing solution after the U.S. Defense Research Projects Agency selected it to advance to the final stage of its Quantum Benchmarking Initiative.