Australia Unveils National Quantum Strategy to Boost Industry
The Australian Government has published its National Quantum Strategy, aiming to boost the commercialisation of quantum technologies in the country. The strategy, which builds on previous commitments like the National Reconstruction Fund and the Australian Quantum Graduates Program, has been welcomed by the Tech Council of Australia (TCA).
Australia is already a leader in quantum research and development, with over 3% of global quantum start-ups calling it home. The country also attracts 3.6% of global venture capital investment in the field. The new strategy, a roadmap for the future of quantum technology, is expected to further cement Australia's position.
Kate Pounder, CEO of the TCA, has described the strategy as a pivotal step in solidifying Australia's leadership in the quantum sector. The TCA looks forward to collaborating with the government to enhance Australia's quantum industry even further.
Early commercialisation of quantum technologies could bring significant economic benefits, potentially generating billions in value and creating thousands of jobs by 2030. The strategy's roadmap is set to guide Australia's quantum sector towards this promising future.
