The Queensland Government has unveiled an ambitious strategy to position the state as a global leader in quantum and advanced technologies manufacturing. This initiative, supported by an $83.7 million investment over five years outlined in the 2024-25 Budget, aims to establish Queensland as ‘The Quantum State.’
Minister for Innovation and Science, Leanne Linard, emphasized the commitment to advancing quantum technology and positioning Queensland as a provider of deep technology solutions for global opportunities and challenges.
Quantum Commercialisation Infrastructure Program
The government has allocated $20 million to the Quantum Commercialisation Infrastructure Program. This program aims to strengthen manufacturing infrastructure for quantum technology. By investing in cutting-edge facilities, Queensland seeks to attract and retain skills in quantum science, fostering innovation and economic growth.
Co-Investment Fund for Manufacturing Advancements
To encourage collaboration and investment, the $15 million Co-Investment Fund focuses on manufacturing advancements. By partnering with industry players, Queensland aims to accelerate the adoption of quantum technologies. The fund will drive research, development, and commercialization efforts, ensuring Queensland remains at the forefront of technological innovation.
Quantum Decarbonisation Mission
Addressing climate change is a priority. The $10 million Quantum Decarbonisation Mission aims to enhance manufacturing processes for renewable energy technologies. By leveraging quantum advancements, Queensland seeks to revolutionize energy production, reduce carbon emissions, and create a sustainable future.
Minister Linard expressed excitement about the potential impact of quantum technology, not only in decarbonization efforts but also in sports technology. As Queensland embraces its role as ‘The Quantum State,’ it lays the foundation for a resilient and prosperous economy.
