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The deep tech companies that will build Australias long-term economic prosperity require patient capital, consistent policy, and persistent progress.

The NRF is an off-budget loan facility that will seed investment in modern manufacturing as well as emerging sectors of artificial intelligence and quantum computing.

Ms Williams said the budget should provide additional certainty and clarity about the continuation of the research and development tax incentive and Accelerating Commercialisation grants, and have measures to speed up processing times to get money out of the door more quickly.

Local Measure founder Jonathan Barouch says costs of processing visas needs to be addressed.Peter Braig

Jonathan Barouch, the founder and chief executive of call centre software business Local Measure, said he is hoping for a thoughtful innovation policy under Industry and Science Minister Ed Husic, with more clarity needed on how start-ups can access the R&D tax rebate.

I would like to see a commitment or a statement around Labors support for the R&D rebate. I think thats a really important program to keep Australias competitive position, he said.

In years gone by, cases like the one against AirTasker, where money was clawed back, really unfairly undermined the program.

If we want to attract the best and brightest, and have engineers being hired in Australia, we need to hear from the government that they are committed to the program, and that it will be funded into the future.

While the backlog of 1 million visas has cleared, the sector is still hoping for migration reforms and a more streamlined way to renew visas.

Finding and attracting labour into Australia is still pretty tough, it is still expensive to get a visa. I think the processing time has come down quite a lot. Its under 30 days now, when it used to take months and months, Mr Barouch said.

Weve got an incredibly bright young lady who works for us on a visa thats running out. We probably have to spend $10,000 to $15,000 to renew her visa for two to four years, and it takes a month.

There should be a way of doing it really cost-effectively online with limited fuss.

Sarah Moran, co-founder of Girl Geek Academy, wants Budget funding set aside for any recommendations made by the governments ongoing Diversity in STEM (science, technology, engineering and mathematics) review, which will be handed down early in the new financial year.

Geek Girl Academys Sarah Moran says it is time for Labor to start making good on its pre-election promises.Eddie Jim

After Minister Husic made it clear this was on his personal agenda while in opposition, this will be the first full budget year the Albanese government can address the lack of women in STEM, Ms Moran said.

Funding is expected to increase for WISE grants (Women in STEM and Entrepreneurship), Boosting Female Founders and the governments existing gender equality in STEM initiatives.

Mark Finn, co-founder and chief financial officer of Roller, which makes venue management software, also backed the call for more investment to encourage women to take up technical roles.

Certainly there is an under-representation of women in engineering and product-related roles. I dont think the government can under-invest in this area. It is critical to improve the breadth, depth and diversity of talent in the tech sector, he said.

Mr Finn also called for more support and incentives for companies to invest in upskilling and retraining workers, particularly in areas like data and analytics and engineering to prepare them for the rapid changes AI will usher into workplaces.

Industry Minister Ed Husic has already flagged federal budget funding and investment from the governments $1 billion critical technology fund to support a new national quantum computing strategy.

Mark Luo, CEO of Quantum Brilliance, said it is needed to build infrastructure such as a National Quantum Computing Centre.

Government investment is critical this will build Australias national wealth. More should be invested into deep tech our funds are over-allocated towards the stock market and VCs are more invested in software tech, he said.

Meanwhile, companies in the blockchain and crypto space are hoping the government will make a bigger investment to support their industry.

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Time for Labor to deliver on pre-election promises: tech sector - The Australian Financial Review

LEESBURG, Va., May 5, 2023 /PRNewswire/ -- Quantum Computing Inc. ("QCI" or the "Company") QUBT, a first-to-market full-stack photonic-based quantum computing and solutions company, has been invited to present at the 2023 Department of Energy Cybersecurity and Technology Innovation Conferencebeing held at the Hilton Minneapolis Hotel on May 8-11, 2023.

Robert Liscouski, CEO of Quantum Computing Inc., will join Bert de Jong, Deputy Director of the National Quantum Initiative's Quantum Systems Accelerator and Head of the Computational Science Department at Lawrence Berkeley National Laboratory; Kit Menlove, High Performance Computing Software Analyst and Consultant atIdaho National Laboratory; and Lou Terminello, Associate Laboratory Director and Physical and Computational Sciences Directorate at Pacific Northwest National Laboratory for a panel discussion. The "Our Qubit Future: How Quantum Computing Will Revolutionize Information Science" panel will take place May 11th at 10:15am and the experts will participate in an in-depth discussion on the current state of quantum computing as well as the future of the industry and how this technology could revolutionize information sciences to solve humanities most complex challenges in energy, healthcare, security, and manufacturing.

Attendees of the Conference will include the DOE enterprise, the federal interagency, academia, international partners, and private industry leaders. The opportunity to present in front of this audience will allow QCI to showcase its capabilities to decisionmakers of the highest level who are focused on cybersecurity, modernizing information technology (IT) and operational technology (OT) environments and ready to collaborate to develop technical solutions to meet national challenges.

To learn more about QCI's full-stack quantum solutions please visit our website and to follow the Conference on Twitter please use hashtag #DOEinnovates23.

About Quantum Computing Inc.

QCI is a full-stack quantum software and hardware company on a mission to accelerate the value of quantum computing for real-world business solutions, delivering the future of quantum computing, today. The company is on a path to delivering an accessible and affordable full-stack solution with real-world industrial applications, using quantum entropy, which can be used anywhere and with little to no training. QCI's experts in finance, computing, security, mathematics and physics have over a century of experience with complex technologies ranging from leading edge supercomputing to precision sensors and imaging technology, to the security that protects nations. For more information about QCI, visit http://www.quantumcomputinginc.com.

About Quantum Innovative Solutions

QI Solutions, Inc. ("QIS"), a wholly owned subsidiary of Quantum Computing Inc., is a newly established supplier of quantum technology solutions and services to the government and defense industries. With a team of qualified and cleared staff, QIS delivers a range of solutions from entropy quantum computing to quantum communications and sensing, backed by expertise in logistics, manufacturing, R&D and training. The company is exclusively focused on delivering tailored solutions for partners in various government departments and agencies.

Important Cautions Regarding Forward-Looking Statements

This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. Those statements include statements regarding the intent, belief or current expectations of Quantum Computing Inc. (the "Company"), and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.

The Company undertakes no obligation to update or revise forward-looking statements to reflect changed conditions. Statements in this press release that are not descriptions of historical facts are forward-looking statements relating to future events, and as such all forward-looking statements are made pursuant to the Securities Litigation Reform Act of 1995. Statements may contain certain forward-looking statements pertaining to future anticipated or projected plans, performance and developments, as well as other statements relating to future operations and results. Any statements in this press release that are not statements of historical fact may be considered to be forward-looking statements. Words such as "may," "will," "expect," "believe," "anticipate," "estimate," "intends," "goal," "objective," "seek," "attempt," "aim to," or variations of these or similar words, identify forward-looking statements. These risks and uncertainties include, but are not limited to, those described in Item 1A in the Company's Annual Report on Form 10-K, which is expressly incorporated herein by reference, and other factors as may periodically be described in the Company's filings with the SEC.

SOURCE Quantum Computing Inc.

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QCI to Present at the 2023 Department of Energy Cybersecurity and ... - Benzinga

The Australian Research Council (ARC) today announced the award of $27 million for 8 Industry Laureate Fellowships, bringing industry together with Australias outstanding researchers to translate innovative ideas into outcomes that benefit industry partners, end-users, and the Australian economy.

ARC Chief Executive Officer, Ms Judi Zielke PSM said Industry Fellowships will help build skills and networks across universities and industry to conduct ground-breaking, internationally competitive research while achieving tangible outcomes.

Complementing the early and mid-career Industry Fellowship schemes, these outstanding laureate researchers bring experience and leadership to industry challenges, Ms Zielke said.

I look forward to seeing how these researchers translate their skills and knowledge into real world outcomes for industry partners and the Australian community from speeding up decarbonisation with green hydrogen, to the manufacture of material that will transform internet speeds.

Australia can only benefit from the collaboration between researchers and industry.

The 2023 ARC Industry Laureate Fellows are:

Associate Professor Phillip Cassey, The University of Adelaide ($3.8 million) develop new digital and wildlife forensic tools to improve the surveillance and detection of the illegal killing and trade of wild animals and plants, to safeguard Australias biodiversity and natural environment.

Professor Heike Ebendorff-Heidepriem, The University of Adelaide ($3.3 million) improve the purity and manufacturing scale of fluoride glass optical fibres which promises faster internet speeds, communication, and laser surgery applications touching many aspects of Australian lives.

Professor Timothy Fletcher, The University of Melbourne ($3.5 million) to enable a market-driven smart-grid of stormwater storages, providing consumers with nonpotable water supply, while financially rewarding them for contributions to flood mitigation and environmental flows to waterways.

Professor Alexander Hamilton, The University of New South Wales ($3.8 million) develop a groundbreaking silicon quantum computer technology and create new quantum components to dramatically speed up quantum computing capabilities. These advances will enable Australia to maintain its global lead in quantum technologies.

Professor Shizhang Qiao, The University of Adelaide ($3.5 million) design and commercialise safe, cost-effective, long-lasting, and fast-charging sodium-based batteries to store renewable energy and manage the release of excess energy into power grids during peak demand in Australia.

Professor Veena Sahajwalla, The University of New South Wales ($3.5 million) develop approaches that can be implemented locally anywhere in Australia, for using waste as a resource, recovering metal alloys, rare earth elements, generating jobs, skills and new business opportunities.

Professor Jennifer Smith-Merry, The University of Sydney ($2.5 million) address deficits in the National Disability Insurance Scheme for people with psychosocial disability, to make the scheme more effective and efficient for this group, with community benefits for all Australians.

Professor Gerhard Swiegers, University of Wollongong ($3.7 million) accelerate the decarbonisation of industry by advancing the manufacture of high efficiency water electrolysers, a key component of green hydrogen, an energy-dense renewable fuel.

Read more:
Industry Laureate Fellowships to Boost University-Industry ... - Mirage News

Less than three decades into the 21st century, the world is at the edge of a second quantum revolution one that integrates with the Fourth Industrial Revolution to create new technologies, new materials, and new, clean energy storage mechanisms.

It is also deepening humankinds understanding of life-generating biological processes such as photosynthesis, said Professor Jeff Murugan in his 19April inaugural lecture, The Future is Quantum How I learnt to stop worrying and embrace chaos.

It was the first in the reconfigured UCT Inaugural Lecture Series.

The term quantum revolution was coined by quantum physicists Jonathan Dowling and Gerard Milburn in 2002. It refers to quantum mechanics, a framework used to describe the dynamics of matter, such as electrons in atoms and molecules at a fundamental level.

The study of quantum matter the kind found in materials such as superconductors, magnets and graphene sits at the nexus of a number of overlapping disciplines, including condensed matter physics.

The title of Professor Murugans lecture was a play on words; chaos referring to both the realm of the everyday and the chaos that exists in realm of quantum particles because of their sometimes unpredictable properties.

The future is quantum

Early examples of quantum inventions include the transistor and laser. Lasers perhaps provide the easiest vehicle to demonstrate the enigma and potential of quantum mechanics. Lasers were developed in the 1950s by optical physicists who found that hitting certain kinds of atoms at the right energy could lead these to emit more photons with the same energy and direction as the initial photons. The effect would cause a cascade of photons, creating a stable, straight beam of light.

Suddenly were talking about material science, computing, batteries, cryptography, and all things quantum.

Harnessing the potential of a second quantum revolution has far-reaching implications, said Murugan, the founder and director of the Laboratory for Quantum Gravity & Strings (QGaSlab) in the Department of Mathematics and Applied Mathematics.

Suddenly were talking about material science, computing, batteries, cryptography, and all things quantum, he said. And in other things, were better able to understand chemistry and biology in terms of quantum mechanics, for example, why photosynthesis is the most efficient energy-harvesting system known in nature is best understood in terms of a property of quantum systems known as superposition.

Quantum computing has led big companies such as Google and Microsoft to invest heavily in quantum technologies,many teaming up with academic research institutions to create partnerships that will advance this technology.

Early developments

Murugan describes the mathematics at the heart of quantum matter as beautiful.

He and his talented young research group at QGaSlab, which corrals researchers in string theory, quantum gravity and cosmology, have made small but important breakthroughs in the field.

Theres been a flurry of activity over the past five to six years, building this up.

The result has been several research papers that explore the properties of these novel quantum systems.

Among these, quantum batteries are perhaps the most exciting possibility on South Africas radar right now: next-generation battery technology that can potentially revolutionise the nature of energy generation and storage.

No South African needs to be convinced that alternative energy storage is a good thing to invest in, said Murugan.

Unlike the batteries we know, such as the lithium-ion battery in smartphones that rely on classical electrochemical principles, quantum batteries rely solely on quantum mechanics.

They have a remarkable set of properties, he explained. Charging an ensemble of quantum batteries no longer scale linearly with the number of cells, but rather, exponentially. The more batteries there are, the faster they charge and the more batteries there are, the more energy you can deposit into that system, but exponentially faster. Remarkably, this quantum advantage of these batteries is because they are quantum chaotic!

In the current era of rolling blackouts and Eskoms uncertain future, the power of quantum batteries holds enormous potential for clean, reliable energy, he added.

Even though the possibilities are manifold, including new portable power sources for electric vehicles, which charge almost instantly, it is the fundamentally quantum aspect of these processes that intrigues Murugan, the mathematical physicist.

Chaos and purpose

But his beginnings as a mathematical physicist were not promising. At school he hated mathematics.

It was boring, uninspired and disconnected from anything. Physics, on the other hand, was amazing. It was curious and made me think about the world around us.

The turning point in his relationship with mathematics came with his introduction to calculus. It showed him that mathematics and physics were inextricably interwoven.

Here was motion; things were happening. There was cause and effect.

Mathematics is really a language to understand the universe around us.

From this, Murugan drew one of several life lessons that peppered his lecture, part of a legacy he would like to impart to his students (he is a 2018 Distinguished Teacher Awardee) and his children, he said.

Mathematics is really the language of nature. And like any language, it can be learnt in two ways. You can learn it like a linguist, understanding the structure of the language and the etymology of its lexicon, or immerse yourself in a population, where you will learn how to speak the language, swear-words and all.

Following undergraduate and postgraduate studies at UCT, in 2000 Murugan travelled to the United Kingdom on a Lindbury Fellowship to pursue a PhD in non-commutative geometry in string theory, jointly at UCT and Worchester College, Oxford. He was co-supervised by UCTs Emeritus Distinguished Professor of Complex Systems George Ellis and Philip Candelas, until recently Rouse-Ball Professor of Mathematics University of Oxford.

Postdoctoral studies followed at the High Energy Theory Group at Brown University in the United States. He returned to UCT in 2006 to join the Cosmology and Gravity Group, founded by Emeritus Professor Ellis. He left to begin QGaSlAB in 2012. In doing so, he had entered a new world of possibilities, perhaps too many, he said.

I am a mathematical physicist with a very short attention span so, unlike many of my colleagues, I dont spend too long thinking about any particular problem. My career has basically been a random walk through interesting problems in mathematical physics that include gravity, condensed matter, neurophysics, and even traffic flow.

This underpinned his final lesson in his lecture: Never stop learning!

Family business

The vote of thanks following Murugans presentation was delivered by his wife, UCT cosmologist Professor Amanda Weltman, the director of the High Energy Physics, Cosmology & Astrophysics Theory group at UCT andSARChI Chair in Physical Cosmology.

He takes very complex mathematical topics and unwraps them strand by strand.

Their three young children also attended the lecture, the littlest charming the audience over her fathers shoulder while another put his mind to bossing a Rubiks speed cube (a love of the abstract runs in the family).

In her address, Professor Weltman said, Theres never any doubt that Jeff was destined to be a professor of mathematical physics. His innate talent and great curiosity for understanding the universe and our world within it are two qualities that have helped him become a leader in the field and one of the most sought-after professors in the country.

Part of his appeal is that he takes very complex mathematical topics and unwraps them strand by strand. But best of all, he does so with great humour and there would be thunderous applause regularly coming from his lectures. Youd be forgiven for thinking you were at a comedy festival. And I would know that I would have to go in [to teach] next.

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Brave new world: On the edge of a second quantum revolution - University of Cape Town News

LONDON, April 19, 2023 The 2023 version of the Commercialising Quantum Global conference, held for the first-time last year by The Economist Group, will take place again in London on Wednesday, May 17, featuring discussions with leaders in the quantum tech sector and commercial end users.

The inaugural Commercialising Quantum Global event attracted more than 450 participants from 27 countries and over 2,000 virtual attendees. More than 140 global leaders in quantum and enterprise spoke across 73 different sessions.

This years event promises to deliver an even greater punch, with more than 600 attendees and 100 speakers.A second day, May 18, will deliver a virtual lineup of keynotes, panels and fireside chats and will be available to all worldwide, at no cost.

Participants will hear from representatives from enterprise, quantum, government and investment. Some organizations of note with speakers include, EY, IKEA, BMW, IBM Quantum, UK Government, JPMorgan Chase & Co., Quantinuum, SandboxAQ and Amadeus Capital Partners.

Roger McKinlay of UK Research and Innovation, who will be speaking at the event, said, Commercialising Quantum Global 2023 is perfectly timed. The if question has given way to one of when. Business, economic and societal benefits will come to those best positioned to take advantage of this immensely capable technology.

During Day One, speakers and participants will explore the imminent commercial potential of quantum technology while discussing methods for maintaining transparency and measuring progress in the field. The event will guide executives across many industries, who must discern facts from hype and determine how to begin developing quantum capabilities within their own companies.

Herman Hauser of Amadeus Capital Partners, who will be speaking on the importance of technology sovereignty, noted, Quantum cmputing and networking is reinventing the technology stack for both. It is the most exciting fundamental change since the start of classical computing 70 years ago.

The conference will be held at ETC Venues, 133 Houndsditch, and will include networking sessions throughout the conference, enabling participants to engage one-on-one with experts from the quantum tech landscape and the business sector. Taken together, the expertise delivered from the stage and the face-to-face interactions at the event make this conference indispensable for those seeking to grow to be at the forefront of this rapidly progressing sector.

Sponsorships and speaking slots are nearly filled, but those interested in either may contact the event organizers immediately to inquire about opportunities still open.Registration is now open for the in-person Day one event, as well as those wishing to sign up for the virtual day.

Original post:
Commercialising Quantum Global Conference to be Held in London ... - insideHPC