A new report has identified great potential for advancement in the quantum sciences across the Quad nations – Australia, India, Japan and United States.

Australia’s Chief Scientist, Dr Cathy Foley, is co-chair of the Quad Investors Network’s (QUIN) Quantum Information Sciences Centre of Excellence, which has released a report titled Quantum Science & Technology in the QUAD Nations Landscape and Opportunities.

Dr Foley led a taskforce focussed on ecosystem and workforce development, one of 4 taskforces considering different aspects of quantum cooperation and advancement.

The report takes an important step towards further collaboration, increased investments and the flow of capital, and business and trade growth between the Quad nations.

It highlights the multidisciplinary nature of the quantum ecosystem, and the need for a diverse range of technical and business skills needed to realise the full potential of quantum technologies.

The report notes that the Quad nations are at the forefront of advancing quantum technologies. Each recognises the transformative potential of quantum across various sectors and has a national quantum strategy to build a robust regional quantum ecosystem.

However, workforce remains a challenge. The global market for quantum technologies is projected to exceed $US173 billion, with more than 600,000 new positions worldwide, by 2040.

The QUIN was created to accelerate investment in critical and emerging technologies and aims to bring together quantum companies and investors in the four nations. 

Dr Cathy Foley comments:

“For this report, quantum leaders from each Quad country have collaborated, understood what each country brings to quantum, and shared the insights needed so we can start to realise the global quantum opportunity.

“It’s just the beginning of what the QUIN's Quantum Centre of Excellence can achieve.”

Find out more about the report