Quarq was founded in 2006, established its factory in Spearfish, South Dakota (USA) in 2007, demonstrated prototype power meters at Interbike the same year and shipped its first power meter in June 2008. This first power meter, the CinQo, pioneered the tool free, replaceable battery and was one of the first power meters with ANT+™ wireless communication.

In 2009, Quarq replaced the CinQo with the CinQo Saturn - named for the ring of Saturn that encircled the power meter spider's arms. Under an agreement with SRAM, the CinQo Saturn was also fitted to SRAM's S900 crankset and marketed worldwide as the SRAM S975.

Fast forward to May, 2011, and Jim and Mieke Meyer, Quarq's founders, officially signed the papers that would make Quarq part of SRAM LLC. When the pen was lifted, Jim reached into his backpack and handed over a previously secret power meter prototype. A complete departure from previous designs, it would shape the groundbreaking SRAM RED Quarq Power Meter – the first and only power meter in a groupset.

The SRAM RED Quarq Power Meter was announced in February 2012. It featured lighter weight, a lower profile and +/- 1.5% accuracy, and introduced the CR2032 battery, LED, visible ANT+™ ID, Power Balance™ and Omnical™. The RED power meter and a close relative, the Quarq for Specialized Power Meter, would power multiple 2012 world championships including the Time Trial and Team Time Trial at the UCI Road World Championships, and Pete Jacobs' runaway victory at Ironman Hawaii.

In 2013, Quarq continues to define bicycle power meter development. On January 22, 2013, Quarq announced the ELSA 10R and RIKEN 10R power meters, which deliver next level performance, versatility and ease-of-use in a sleek new design for today's high-performance road racing, triathlon and cyclo-cross machines.
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