Quantum Computing

Australia Announces National Quantum Strategy


Insider Summary

  • Australia’s National Quantum Strategy sets out a long-term vision for Australia to capitalize on opportunities in quantum.
  • This strategy will serve to guide collaboration between research pioneers, industry partners, startups, and governments.
  • Priorities include investing in research and development and commercialization, securing infrastructure and materials, cultivating a skilled workforce, supporting national interests, and promoting trusted, ethical and inclusive ecosystems.

The Australian government released the country’s first National Quantum Strategy which sets out a long-term vision for Australia to capitalize on opportunities in quantum, according to a statement from Ministry of Industry, Science and Resources.

According to a statement, Australia has been at the forefront of quantum science and technology for more than 2 decades. We have world-class research institutes, talented scientists and engineers, and a dynamic start-up ecosystem. The strategy outlines how we will seize our quantum future and remain a global leader.

This strategy will serve to guide collaboration between research pioneers, industry partners, start-ups and governments, said Ed Husic, Minister of Industry and Science in a statement. The collaboration could usher in a new era of practical quantum technology, he added.

“In time, quantum computing will unleash incredible computing power that can phenomenally outperform traditional computing,” said Husic. “By combining the National Quantum Strategy with the National Reconstruction Fund, we aim to transform Australia into a global technology leader, build stronger industries and create jobs for the future.”

The strategy identifies five priority areas: investing in research and development and commercialization, securing infrastructure and materials, cultivating a skilled workforce, supporting national interests, and promoting trusted, ethical and inclusive ecosystems.

Considering several priority use cases, the statement reports that quantum technologies can help solve some of the biggest challenges:

  • Cuts time and cost to develop new drugs
  • Help transition to clean zero with more efficient battery storage
  • Maintain cyber infrastructure

The rewards are significant. According to the statement, the quantum industry could create 19,400 direct jobs, with revenues of $5.9 billion by 2045.

“I really emphasize this, quantum technology is going to be truly transformative,” said Husic. “We’re already seeing how quantum sensing equipment can make a big difference to the industry.”

The Australian plan is based on extensive cross-industry, researcher and community consultation led by Chief Scientist Australia Dr Cathy Foley and with guidance from the National Quantum Advisory Committee.

According to Foley, the plan recognizes Australia’s pioneering role in quantum research as a strength.

“Australia has known about quantum pulses since Professors RQ Twiss and AG Little published the first paper on time-correlated photons in 1959,” wrote Foley. in his statement. “Since then, and especially in the last 25 years, we have made significant research investments, resulting in an emerging Australian quantum industry that is destined to have a significant impact on the lives of all of us.”

He added that it would be very important to link the research with the nation’s entrepreneurial spirit.

“Australia is well positioned to take advantage of the extraordinary research coming out of the lab,” wrote Foley. “Our entrepreneurial spirit generates new start-ups and attracts large companies. This is our opportunity to grow the fast-growing deep technology industry, built on long-term coordinated government investment and a large pool of world-class Australian-trained quantum specialists. We are in the top handful of countries embarking on quantum ambitions. But we must act now, because there is intense global attention to the quantum promise.”

Quantum National Strategy available Here.

If you found this article informative, be sure to explore more up-to-date information quantum news Here.



Source link

Related Articles

Back to top button