Data, digital and cyber update | 5 May 2023

05 May 2023

National Quantum Strategy
Industry and Science Minister Ed Husic launched the quantum strategy this week which included a commitment that Australia would build a world-first error corrected quantum computer within ten years. 

The strategy sets out plans of action across five key themes over seven years:

  • Creating thriving research and development, investment in and use of quantum technologies
  • Securing access to essential quantum infrastructure and materials
  • Building a skilled and growing quantum workforce
  • Ensuring standards and frameworks support national interests
  • Building a trusted, ethical and inclusive quantum ecosystem

The strategy builds on the momentum from the government’s $1 billion commitment to critical technologies under the National Reconstruction Fund, the recent announcement of a $3.4 billion Advanced Strategic Capabilities Accelerator in response to the Defence Strategic Review, and the Australian Quantum Graduates Program. 

The government says it will also seek out and support initiatives involving consortiums of universities, quantum companies and industry in translating research into commercial outcomes – with the aim to build a pipeline of quantum companies that can be connected with the Critical Technology Fund.

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