Member Login - Account - Logout

Science and Technology Australia
  • Home
  • About STA
    • About Us
    • Executive and governance
    • Reconciliation Action Plan
    • Policy Vision
    • Policy Wins
    • Work for us
  • News and Publications
    • Latest news
    • Submissions, reports and publications
    • 2025 STA Federal Election Priorities
  • Our Programs
    • Science Meets Parliament
    • Superstars of STEM
    • Super STEM workshops
    • STEM Ambassadors
    • Parliamentary Friends of Science
    • Science Policy Fellows Alumni
  • STA Membership
    • STA Membership
    • Our Members
    • Member How-to Guides
    • Login to member portal
    • Register for member portal
  • Contact
  • Home
  • About STA
    • About Us
    • Executive and governance
    • Reconciliation Action Plan
    • Policy Vision
    • Policy Wins
    • Work for us
  • News and Publications
    • Latest news
    • Submissions, reports and publications
    • 2025 STA Federal Election Priorities
  • Our Programs
    • Science Meets Parliament
    • Superstars of STEM
    • Super STEM workshops
    • STEM Ambassadors
    • Parliamentary Friends of Science
    • Science Policy Fellows Alumni
  • STA Membership
    • STA Membership
    • Our Members
    • Member How-to Guides
    • Login to member portal
    • Register for member portal
  • Contact
17 November 2021

Quantum investment a smart money bet

Australia's Chief Scientist Dr Cathy Foley AO.
Australia's Chief Scientist Dr Cathy Foley AO.

Today’s $111 million investment to develop and commercialise quantum technologies will help propel Australia’s global lead in this game-changing capability.

The funding for a quantum commercialisation hub and a new national quantum strategy driven by Australia’s Chief Scientist will draw together major players from research and industry to seize national advantage.

Science & Technology Australia said the latest investment in quantum was “a smart money bet” – and applauded the appointment of Dr Cathy Foley to lead the initiative.

“Australia is a world leader in quantum technology – and we should drive home that lead with a coordinated national strategy,” said Science & Technology Australia CEO Misha Schubert.

“Quantum technologies don’t just hold the promise of computing at unimaginably fast processing times – they could transform industries like healthcare and manufacturing to give Australia a serious strategic advantage.”

“A coordinated national strategy can bring together cutting-edge researchers and a wave of new Australian quantum companies to secure that national advantage.”

“Few people know as much about quantum and the promise it holds for Australia as Cathy Foley – she’s a leading researcher with a deep understanding of how to take promising technologies through to commercialisation at scale.”

STA represents 90,000 science and technology professionals spanning the research system, the private sector, commercialisation hubs and deep-tech startups.

The Federal Government will invest $111 million – including $70 million for a Quantum Commercialisation Hub, the development of a National Quantum Strategy, and a new National Committee on Quantum to be led by Dr Foley.

Media contact:
Martyn Pearce, STA: 0432 606 828

Share
Cathy Foley quantum
Previous StoryElection 2022: Bold R&D investment key to jobs and growth
Next StorySTA welcomes four inspiring new members

Related Articles

  • Australia's Chief Scientist Dr Cathy Foley AO.
    Dr Cathy Foley - National Press Club Address for #SmP2021
  • Parliamentary friends wiuth Michelle Simmons and EQUS
    Quantum of Australia’s success high

ABOUT US

Science & Technology Australia (STA) is Australia’s peak body in science and technology. We represent more than 235,000 scientists, engineers and technologists. STA is an influential voice for evidence and expertise in public policy.

Recent news

  • Congratulations to STA President Sharath Sriram – new Chief Scientist of Western Australia
  • Nominations open: Join an STA Committee or the new Friends of the Chair initiative.
  • Congratulations Labor – now let’s build an Australia powered by Australian ideas

Our members

  • All Members
  • Agricultural and Food Sciences
  • Aquatic Sciences
  • Biological Sciences
  • Chemical Sciences
  • General Science and Technology
  • Geographical and Geological Sciences
  • Mathematical Sciences
  • Medical and Cognitive Sciences
  • Physical Sciences
  • Plant and Ecological Sciences
  • Technological Sciences

Search for news

Most popular

  • Budget 2025: R&D the answer to Australia’s seismic challenges
  • Congratulations Labor – now let’s build an Australia powered by Australian ideas
  • R&D investment a sure bet on the future
  • Congratulations to STA President Sharath Sriram – new Chief Scientist of Western Australia
  • Nominations open: Join an STA Committee or the new Friends of the Chair initiative.

Sign up to our newsletter

Science and Technology Australia Limited (STA) (ACN 664 679 056 and ABN 71 626 822 845) is a company limited by guarantee. STA was formerly known as Federation of Australian Scientific and Technological Societies Inc and was authorised under section 82 of the Associations Incorporation Act 1991 (ACT) to transfer its registration under the Corporations Act 2001 (Cth) to its new company structure on 3 January 2023.

STA PRIVACY POLICY

OTHER STA POLICIES

ACNC Registered Charity Logo

Copyright © 2024 Science & Technology Australia. All Rights Reserved