Browsing: Startups

PRESS RELEASE — Q-CTRL, the global leader in quantum infrastructure software, today announced a landmark Series C private fundraise of US$290 million (A$415 million), led by Salesforce Ventures. The round is headlined by significant participation from Bullhound Capital and Affinity Partners, and a global syndicate of new and existing investors.

Airline groups facing volatile fuel costs and uneven demand need a disciplined approach to allocating capital across different markets and business models. Gallego argued that IAG’s resilience comes from combining diversified operations with centralized investment decisions, allowing individual airlines to pursue different strategies while competing for capital based on expected returns.

Aviation’s next phase of growth will require airlines, manufacturers, and airports to make long-term investment decisions around sharply different regional demand patterns. Boeing’s Darren Hulst forecasts a doubling of annual global passenger traffic over the next 20 years, while identifying production capacity, supplier readiness and fleet replacement needs as major factors in the industry’s ability…