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