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flag Australia opens world’s first commercial quantum diamond factory to boost tech innovation and reduce foreign dependency.

flag Australia has launched the world’s first commercial quantum diamond foundry in Melbourne, producing synthetic diamonds for quantum computing and sensing technologies. flag Backed by $31 million in government funding, the facility at Co-Labs aims to advance domestic manufacturing, reduce reliance on foreign suppliers, and support the growth of Australia’s quantum sector, projected to be worth $6 billion and create nearly 20,000 jobs by 2045. flag The foundry enables room-temperature quantum devices, accelerating innovation in computing, medical research, and diagnostics.

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