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Quantum computing startups unite to push Australia to be a global leader in space

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Australia’s local quantum technology leaders have teamed up with some of the biggest names in global technology to form a new industry group for the sector.

The Australian Quantum Alliance (AQA) will sit under the highest body of the Tech Council of Australia to promote and connect the local quantum ecosystem.

AQA founder and CEO, Vikram Sharma, founder of QuintessenceLabs, said the alliance Formation recognizes the global potential of quantum and the growing impact of the local sector, also giving them one voice to work with governments on policy issues, including the Australian Government’s Quantum Strategy, regulation, the design of the proposed Critical Technologies Fund and skills and migration. It is the culmination of a year of collaboration between quantum industry stakeholders and government.

“With the capability of the TCA, we hope to jointly drive the development of a vibrant quantum industry, guide government in the development of the industry, help business decision-makers understand and apply quantum technology, and build strong domestic and international partnerships.” to build. for the greatest national benefit for Australia,” said Sharma.

The nine founders involved are Quintessence Labs, Q-CTRL, Quantum Brilliance, Silicon Quantum Computing, Nomad Atomics and Diraq, as well as global giants Google, Microsoft and Rigetti.

The creation of the AQA comes as new research from the Tech Council shows that quantum is one area where Australia can lead the way globally, with mmore than 3% of the world’s quantum startups come from here, compared to an average of 1.7% of startups. The Australian quantum industry also attracts 3.6% of all global VC investment, surpassing the global GDP share of 1.6%.

TCA CEO Kate Pounder said they were proud add global and local leaders in quantum to the council.

“Australia is the world leader in quantum research,” she said.

“Now we must lead the way in commercializing that research by creating, scaling and attracting leading quantum companies in Australia. The AQA will ensure Australia maintains its lead in the global quantum race.”

Silicon Quantum Computing (SQC) Founder and CEO Dr Michelle Simmons said: Australia has been at the forefront of quantum computing since the early 2000s, pioneering unique technologies worldwide to manufacture precision atomic silicon processors here in Sydney.

“The formation of the Australian Quantum Alliance will help ensure Australia supports its high-tech quantum information companies to maintain leadership in this field and ensure long-term economic value for Australia. Establishing a consortium of companies will provide unique opportunities to support the growth of transformative new industries here in Australia,” she said.

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