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Silicon Quantum Computing

SQC, Schneider Electric Hit 20% Forecast Gains, Advance to Stage 2 Trial

SQC, Schneider Electric Hit 20% Forecast Gains, Advance to Stage 2 Trial

Sydney – October 01, 2026 -- Silicon Quantum Computing (SQC) and Schneider Electric have advanced to Stage 2 of Australia's Critical Technologies Challenge Program (CTCP), securing A$3.6 million (US$2.5 million) in government funding after their quantum-enhanced forecasting trial delivered an average 20% accuracy improvement, with peak gains of 41%.

Quantum chip lifted next-day energy forecasting accuracy by up to 41%

In Stage 1, the partners applied SQC's atomically engineered Watermelon chip to Schneider Electric's next-day forecasting models over a 12-month dataset. Watermelon generates quantum features that combine with classical inputs to produce richer, more predictive models, outperforming the classical benchmark by an average of 20%.

SQC Names Ex-GlobalFoundries CFO Hollister to Lead Finance

SQC Names Ex-GlobalFoundries CFO Hollister to Lead Finance

Sydney – September 18, 2026 -- Silicon Quantum Computing (SQC) has appointed semiconductor finance veteran John Hollister as Chief Financial Officer, effective August 17, 2026, as the Sydney-based quantum computing manufacturer scales its commercial roadmap.

Hollister brings 25 years of semiconductor finance leadership to SQC's growth push

Hollister previously served as CFO of GlobalFoundries, one of the world's largest semiconductor foundries. He spent two decades at Silicon Labs, including 11 years as CFO, and held earlier roles at Cicada Semiconductor and Cirrus Logic. Based in the U.S., his mandate at SQC covers capital formation, financial planning, worldwide accounting, M&A, tax and investor relations.