The Queensland government has made the largest quantum commitment of any Australian state or territory, with a potential worth of $2.2 billion by 2030 and $6 billion by 2045, creating up to 19,400 jobs. This investment builds on Queensland’s 30-year legacy in quantum technology, which has already led to breakthroughs such as smartphones and MRI machines.
The government’s partnership with PsiQuantum will establish the world’s first fault-tolerant quantum computer in Brisbane, creating up to 400 new skilled job openings. Researchers at universities including the University of Queensland and Griffith University are working on projects such as portable brain imaging, advanced power electronics, ultra-secure data transmission, and simulations of complex chemical reactions. According to Professor Kerrie Wilson, Queensland Chief Scientist, this investment will revolutionize industries and create new businesses, while also helping to combat climate change.
The $89.7 million Queensland Quantum and Advanced Technologies Strategy and the Queensland Quantum Academy are excellent examples of how the state is proactively building systems to advance quantum science. With a legacy in quantum technology spanning over 30 years, Queensland aims to make its mark in this industry, which CSIRO estimates may be worth $2.2 billion by 2030 and create up to 19,400 jobs.
The opportunities arising from quantum technology demand lightning speed to turn potential into reality. The state’s universities already host the headquarters of two national quantum-related ARC Centres of Excellence, and they have a significant footprint in the other two.
One of the most visible and significant investments is the partnership with the Australian government for frontier technology company PsiQuantum to build the world’s first fault-tolerant quantum computer in Brisbane. This will create up to 400 new skilled job openings and establish partnerships with local quantum industry and advanced manufacturing clusters.
The article highlights several ways that quantum technologies can revolutionize various fields, including:
- Quantum biotechnology breakthrough: The University of Queensland deploys quantum sensors to create a portable brain imager, promising to revolutionize early neurological diagnostics and treatment.
- Silicon carbide power electronics innovation: Engineers at the Queensland Microtechnology Facility develop advanced Silicon Carbide components using quantum mechanics principles, enhancing energy conversion for electric vehicles and solar systems.
- Quantum communication and security: Researchers at Griffith University achieve ultra-secure data transmission, ensuring interception-proof communication that can transform security in finance and national defence.
- Quantum computing for chemical research: Scientists at the University of Queensland use quantum computers to simulate complex chemical reactions, promising targeted, efficient solutions and paving the way for drug development and materials science advancements.
As Professor Kerrie Wilson, Queensland Chief Scientist, notes, excellence in science has been the ticket to success in Queensland. The state must uphold its leadership by promoting its scientific capability nationally and internationally to attract increased investment and talent.
The article highlights the importance of innovation, science, research, and entrepreneurship in driving new industries, growth, and jobs. With the rise of the digital economy, biotech revolution, artificial intelligence, and robotics, Queensland is well-positioned to take advantage of these emerging trends.
As I read this article, I couldn’t help but think about the critical role that battery storage will play in enabling these emerging technologies. The demand for battery storage is expected to increase tenfold by 2030, and Queensland’s commitment to advancing quantum technology can help drive innovation in energy storage solutions.
Overall, this article provides a compelling vision for Queensland’s future as a global innovation hub, and I’m excited to see how the state will continue to advance its scientific capability and drive innovation in emerging technologies.
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