Quantum strategy the ‘clarion call’ Australia needs

February 8th, 2023

InnovationAus, Other, 07/02/2023, Justin Hendry
Australia’s forthcoming national quantum strategy is the “clarion call” the nascent sector needs to mature and will pave the way for more capital and new players, according to two of the country’s eminent quantum leaders and backers. […] Having recently updated its economic forecast, the CSIRO conservatively estimates that quantum technology will be a $4.6 billion industry in Australia by the end of 2030 and worth $6 billion by 2045 Professor Biercuk also said that while it is “good to see recognition from the government via the NRF”, as “any start is a good start”, other mechanisms, such as “forward strategic purchase”, are also needed to grow the quantum sector.