20 start-ups chosen to be part of QuantumTX tech accelerator program

acceleration, accelerator

20 start-up and scale-up businesses have been selected to take part in the QuantumTX Queensland METS Technology Accelerator program.

The chosen businesses are Aevi Tech, Airconnect, Carbon Compass, CFS-Univat, Concrete Data Sensors, Eyemine, Hermes and Soteria, Hindsite Industries, ID Culcha, Improve ID, Insitu Geotech Services, Interlate, MIDAS Tech, Outback Comms, Orblin Dynamics, px4 Software, Redline Automation, Scaffplan, Skyscan, and Staunch Technology.

An initiative of the Quantum Technology Exchange, with support from the Queensland State Government and METS Ignited, the QuantumTX Queensland METS Technology Accelerator program provides 12 weeks of intensive business training and mentoring for small businesses and late-stage start-ups looking to achieve growth. The program has a particular focus on preparing businesses to scale into new markets, both locally and internationally, and culminates with a pitching event in Brisbane.

In addition, each participant will receive mentoring and training on subjects such as market engagement, profile raising, staff development, export readiness, and international introductions, with these trainings valued at $25,000. QuantumTX will also provide access to expert speakers from leading companies in the mining, defence, and space industries, as well as technology firms, venture capital, and export markets.

Queensland Deputy Premier the Hon Dr Steven Miles said the announcement is more evidence of the Palaszczuk Government’s commitment to creating good, local jobs. He said, “Queensland has a proven record in the Mining equipment, technology and services arena and now more businesses will be better equipped to take advantage of the opportunities being presented to them.The Palaszczuk Government is committed to collaborating with business to build the sector even more.”

QuantumTX founder Peter Rossdeutscher said that QuantumTX supports local and regional technology companies with applications that can be implemented across multiple sectors. Queensland has a world-leading METS sector that employs over 30,000 people and adds more than $3 billion in value to its economy. The state boasts exceptional depth and excellence in METS capabilities, ranging from digital solutions and safety to technology and mine site rehabilitation.

METS Ignited CEO Adrian Beer noted the strong growth potential within Queensland companies and the impressive innovations of the participants, adding that METS solutions can quickly scale into significant businesses.

“We have seen strong commercialisation outcomes from previous QuantumTX programs in Queensland and look forward to tracking the future progress of those participating in this round,” Beer said. “We are proud to continue to support this initiative which has grown into a successful, national and multi-sector program.”

Dr Jenny Legge, CEO/founder of Staunch Technology and a participant in QuantumTX Queensland 2023, said, “Our technology helps resource industry employers predict and prevent workplace injuries, enabling them to work smarter and reduce risks. We are excited and grateful to be accepted into Atomic Sky’s QuantumTX 2023 program, which will help us understand new markets, foster employment growth, and connect us to venture capital that aligns with our export market plans. We sincerely appreciate the support of the Queensland State Government for providing us with this opportunity.”