Quantum technologies

Quantum technologies enable innovations in a variety of areas, including improving data security, drug and next-generation materials discovery, quantum networks, optimising energy, waste management and banking, improving accuracy in sea water and underground water tables measurement, detecting underground leaks and earthquakes, medical imaging and mineral detection.

Australia has been a significant contributor to and a leader in early quantum research.

CSIRO anticipate that commercialising quantum technologies could create an Australian industry worth $2.2 billion and 8,700 jobs by 2030. This could reach nearly $6 billion and 19,400 jobs by 2045.

The Australian Government announced a National Quantum Strategy in May 2023, which sets a long-term vision to grow Australia’s quantum industry.