NSW’s quantum ecosystem is globally significant, with capabilities across the quantum stack.
Among the local startups attracting significant interest and venture capital investment are firmware producer Q-CTRL; Silicon Quantum Computing, which is developing a 10-qubit prototype quantum integrated processor; nanomaterials producer LuciGem; and high-resolution spectrograph producer Redback Systems.
Quantum computing is an emerging sector in NSW, the home of several leading quantum computing businesses. It’s no coincidence these firms have spun out from NSW universities, where quantum R&D is a key strength. Four NSW universities with leading quantum technology expertise have formed the Sydney Quantum Academy (SQA): Macquarie University, the University of NSW, the University of Sydney and 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.
SQA was among the first tenants at Tech Central’s Quantum Terminal in Sydney, where affordable rent is available to startups in quantum technology, high-performance computing, artificial intelligence and adjacent technology verticals.
Key facts
By 2045, Australia will potentially have 19,400 quantum jobs generating $6 billion in revenue
NSW has more universities with world-leading quantum science capabilities than any other state in Australia
3,000 plus square metres of affordable co-working office space at the Quantum Terminal in Sydney Central Station's Terminal Building
Almost all of Australia's quantum industry is based in NSW and the ACT
Supporting your move to New South Wales
Investment NSW can connect you with a range of services and incentives available to businesses looking to grow.
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.
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.
In collaboration with the NSW Department of Planning, Industry and Environment, 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.
We can provide tailored information and data, including local market insights, on our priority sectors.
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.
Once you have established here, a wide range of services and programs are available to use NSW as a springboard into Asia. We can help you identify opportunities to expand in the region.
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 New South Wales.
Last updated: 1 June 2022