QuantumTX space and technology incubator awards $750,000 to 30 Australian companies

The 2022 QuantumTX space and technology incubator program has awarded $750,000 in support to 30 companies across Australia.

The QuantumTX incubator program helps startups and small and medium-sized companies develop technologies and services that support teleoperation, including robotics, artificial intelligence, satellite communications, analog, digital systems and interoperability.

Each company will receive support worth $25,000 to help expand its business and demonstrate innovative products with potential global competitive advantage. QuantumTX facilitates access to testing sites, domain expertise, technical mentors and international seminars.

Since its launch in 2018, the QuantumTX incubator program has supported more than $3 million in support to 124 startups and SMEs across the country. The 2022 plan is the largest to date.

Quantum Technology Exchange founder and adjunct professor Peter Rossdeutscher said participants will have access to more than 50 experts from leading companies in space, resources, defense and technology.

They will also meet potential capital investors and collaborators, including Fugro’s new Space Automation, Artificial Intelligence and Robotic Control Complex (SpAARC), the Roy Hill Remote Systems Automation Center, Woodside Energy Robotics Lab and Western University International Space Centre Australia.

“The QuantumTX incubator program promotes technology across fields from mining, energy and defense to space and advanced manufacturing,” the ad. Professor Ross Deutcher said.

“The circular nature of these opportunities creates advantages, compounding returns and new jobs across all industries.”

AROSE CEO Leanne Cunnold said the QuantumTX incubator program offers SMEs and “scale up” the opportunity to leverage and diversify their expertise in the space sector.

“Australia is at the forefront of robotics and teleoperating systems,”

“This capability is critical to establishing a sustainable presence on the Moon and ultimately supporting human exploration of Mars,” Ms Cannold said.

Ms Cunnold said that while improved safety performance was the main motivation behind the industry’s increasing use of teleoperation, the benefits were wide-ranging, including technological innovation, productivity, sustainability and workforce diversity.

The QuantumTX program is funded by the Australian Government’s Department of Industry, Science, Energy and Resources through the Incubator Support Program.

The program is also supported by remote operations partner AROSE and strategic innovation consultancy Atomic Sky, with additional support from METS Ignite, Robotics Group Australia and Fugro.

Growth in analytics and robotics capabilities in the resources sector alone is expected to add around $74 billion to Australia’s economy and create 80,000 new jobs by 2030.

By the end of the decade, Australia’s space sector is planned to be worth about $12 billion and maintain about 30,000 jobs.

Editorial team

The TBN team is a group of technology industry professionals with backgrounds in IT systems, business communications and journalism.

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