Australia to invest $73 mln in quantum science

Quantum technology, based on core principles of physics, is still in its infancy but has become a darling of investors aspiring to revolutionise industries from healthcare and finance to artificial intelligence and weather forecasting.

Accelerating its economic plan, Australia will support nine technologies, the first of which is quantum technology.

The bulk of the promised $73 million going to commercialise Australia's quantum research and forging links with global markets and supply chain, Morrison said in a pre-recorded message.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting