Australia’s national science agency has upgraded its market projections for quantum technology. CSIRO expects quantum technology to generate 8700 jobs by 2030 before more than doubling to 19,400 by 2045, according to new modelling. The sector’s revenue is tipped to hit $2.2 billion by 2030 and almost $6 billion (US$3.78 billion) by 2045. The modelling released on…
Australian Chief Science Body the CSIRO Upgrades Quantum Tech Outlook to $6Bn
Australia Joins the Quantum Race
As China and the U.S. spearhead the research and development of their own quantum systems, Australia has announced a $111 million plan to secure the development, commercialisation and adoption of the tech across defence, national security, and many other industries. Australia’s quantum leap includes a $70 million Quantum Commercialisation Hub that will facilitate research with…
The Future of Warfare Is Quantum: Has China Already Won?
Commentary In the not so distant future, quantum computing will fundamentally alter the fabric of society. Arguably, the internet is the most revolutionary creation to date. However, some experts believe the quantum revolution will make the internet revolution look insignificant. China appears to be at the forefront of the quantum leap. The internet has revolutionized…
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