UAE’s EDGE Group invests US$50 million in Australian quantum navigation developer Q-CTRL

By Martin Chomsky (Defence Industry Europe)

Corporate |
UAE’s EDGE Group invests US$50 million in Australian quantum navigation developer Q-CTRL

Photo: EDGE.

UAE defence group EDGE said on 13 November it had invested US$50 million in Q-CTRL, a Sydney-based company developing quantum navigation systems designed to work without satellite signals. EDGE joined as a new investor in Q-CTRL’s US$290 million Series C funding round, alongside international corporate, private equity and growth-stage investors.

Q-CTRL also develops quantum infrastructure software. EDGE said it sees quantum sensing and navigation as increasingly important for autonomous and uncrewed systems, particularly where satellite navigation is unavailable or deliberately denied.

“Quantum technologies are moving from the laboratory into real-world applications, and our investment in Q-CTRL positions EDGE in one of the most important and fast-developing areas of advanced technology,” said Rodrigo Torres, EDGE’s president and group chief financial officer. “EDGE can build, buy, partner and invest at the same time, and strategic investments like this keep us close to the technologies that will define future capability.”

EDGE said the investment complements its work in artificial intelligence, autonomy and resilient navigation. In a recent UAE Navy demonstration with allied forces, uncrewed surface vessels, counter-drone systems and anti-jamming technology operated together in a single mission.