St. Gallen, 14 March 2023 - Terra Quantum, a leader in the development of practical quantum applications and technologies, is pleased to announce the appointment of Dr. Eike Marx as its first Chief Financial Officer (CFO) and Chief Strategic Officer (CSO). Dr. Marx, an experienced, visionary professional, brings to Terra Quantum a rare combination of deep technical background (PhD in Physics), strategic thinking capability, and strong expertise in operations & finance with more than 20 years of relevant experience across M&A, capital raising and building technology companies making him an ideal fit for Terra Quantum’s ambitious plans to lead the second quantum revolution.
At Terra Quantum, Dr. Marx will lead the company's financial strategy, oversee financial operations to drive growth and expand the company's global footprint. His extensive expertise and network in corporate finance, capital-raising, and investment management will be of great value as Terra Quantum continues to grow and develop new products and services based on quantum technologies. Moreover, his unique interdisciplinary skillset at the intersection of finance and technology underlines Terra Quantum’s approach to leveraging quantum technologies for business advantages now.
"We are thrilled to welcome Eike into the management team. His wealth of experience and expertise in finance and investment management, combined with his strong deep-tech footprint, will be a significant asset to Terra Quantum as we continue to grow and expand globally," says Markus Pflitsch, founder and CEO of Terra Quantum. "We believe Eike's appointment as our first CFO & CSO is an important step forward as we continue to develop and commercialise our transformative quantum technology products and continue our worldwide growth as one of the leading quantum technology companies."
Prior to joining Terra Quantum, Dr. Marx was most recently a Managing Director at Arma Partners, a London-based investment banking firm, where he focused on DeepTech and FrontierTech transactions. Previously, he held senior finance and strategy positions in technology companies and venture capital, as well as technology investment banking positions at Morgan Stanley and Perella Weinberg Partners. Eike holds a PhD in Physics from the University of Cambridge (Cavendish Laboratory, UK) and a Dipl.-Ing. (M.Sc. equivalent) in Mechanical Engineering from RWTH Aachen (Germany) and was a Research Scholar in Mechanical Engineering at Yale University (USA).
"I am excited to join Terra Quantum’s outstanding team and to contribute to the growth and success of this dynamic and innovative company. Terra Quantum pushes the boundaries of the possible as it leads the second quantum revolution. I am truly looking forward to working with an excellent team and accelerating the development of practical quantum applications and technologies that will revolutionize the way we live and work. I am honoured to be part of such an extraordinary company." says Dr. Eike Marx.