A NSW Government website

Quantum Computing

Quantum is an emerging sector in NSW, where quantum startups spun out from universities are attracting capital.

It is estimated by 2045, Australia's quantum technology industry could generate over $6 billion of revenue and over 19,400 new jobs. Australia's capability in quantum includes over 30 years of research. NSW's emerging quantum ecosystem is globally significant, with capabilities across the quantum stack.

NSW is the home of several leading quantum computing businesses. It's no coincidence these firms have spun out from NSW universities, where quantum research and development is a key strength.

Four NSW universities with leading quantum technology expertise have formed the Sydney Quantum Academy (SQA):

  • Macquarie University
  • University of New South Wales
  • University of Sydney
  • University of Technology Sydney

The SQA is unique, delivering postgraduate and industry-based education and training in quantum technologies. Its research strengthens NSW's quantum capabilities and develops the talent needed to support this growing industry.

NSW is also home to considerable research centres and facilities including:

  • ARC Centre of Excellence (CoE) for Quantum Computation and Communication Technology (CQC2T)
  • Nodes of the ARC CoE for Engineered Quantum Systems (EQUS)
  • National Collaborative Research Infrastructure Scheme (NCRIS) facilities including nodes of the Australian National Fabrication Facility (ANFF), Microscopy Australia
  • Newly announced Defence Trailblazer: Concept to Sovereign Capability (CSC), which includes quantum as a focus area

Key facts

19,400 jobs and $6 billion annual revenue by 2045

$4.6 billion economic forecast for the quantum technology industry in Australia by the end of 2030

30+ years of leadership in quantum research

NSW has more universities with world-leading quantum science capabilities than any other state in Australia

NSW has attracted 40% of Australian Research Council (ARC) funding in quantum science from 2014 to 2020

Supporting your move to NSW

Investment NSW can connect you with a range of services and incentives available to businesses looking to grow.

Guidance: grants, rebates, programs and incentives

Investment NSW offers bespoke services to businesses looking to build a presence within NSW.

The team at Investment NSW provides tailored advice on grants, rebates, programs and other incentives your business may be eligible for.

Location: site identification, familiarisation and development

Whether you need a high-tech lab, an advanced manufacturing facility connected to a university or a greenfield site in regional NSW, we can assist.

We can work with you to establish a presence in a precinct or collaboration area suited to your needs.

We provide services to help you find the right accommodation:

  • determining the type of accommodation to best meet your businesses requirements
  • advice and support regarding opportunities available on Government land (both long and short term)
  • support navigating the planning process
Market insights

We can provide tailored information and data, including local market insights, on our focus areas.


We can introduce you to stakeholders who can support your growth objectives. This may include connecting you to:

  • corporate partners
  • business chambers
  • industry associations
  • technology precincts
  • research institutes
  • government agencies
Familiarisation visits

We offer curated introductions to help you identify local partners, distributors, industry stakeholders and service providers.

Asia-Pacific growth advice

Once you have established here, a wide range of services and programs are available to use NSW as a springboard into Asia and the world. We can help you identify opportunities to expand in the region.

Learn more

Visa and Skilled Migration support

Our Business & Skilled Migration Program is highly supportive of NSW’s growing tech industries and precincts. The program attracts new and emerging digital technology capabilities and skills, provides visa and migration advice to businesses, and nominates high potential migration candidates to live and work in NSW.

These initiatives have spurred the growth of digital technology businesses across the state and are available to all organisations considering investment opportunities in NSW.

Contact us

Contact Investment NSW today to find out more about investment opportunities in NSW. 

Last updated: May 2024