Australia targets becoming a quantum tech leader by 2030, with a projected industry worth $3.9 billion by 2045.

Australia's quantum technology industry is poised to grow significantly, with a projected value of $3.9 billion annually and 19,400 jobs by 2045. Launched in May, the National Quantum Strategy aims to make Australia a leader in the field by 2030. Since then, quantum businesses have secured over $116 million in private investment, and the government has committed $652 million for quantum and other critical tech firms.

November 13, 2024
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