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QUIN Quantum Center of Excellence Releases Its Expert Task Force Report on Opportunities in the Quantum Technologies Value Chain Across the Quad Nations

On July 11, 2024, the Quad Investors Network’s (QUIN) Quantum Center of Excellence published its final report detailing the quantum capabilities of the Quad nations. The report, entitled “Quantum Science & Technology in the QUAD Nations: Landscape and Opportunities,” describes the top challenges each country faces in Quantum Sciences, identifies areas for further exploration and collaboration, and lays out specific actions the QUIN can take to catalyze further advancements in areas of quantum computing, communications, and sensing amongst the Quad Nations.

Quantum Center of Excellence is led by four co-chairs: Dr. Cathy Foley, Chief Scientist of Australia; Prof. Ajay Kumar Sood, Principal Scientific Adviser to the Government of India; Prof. Kiroaki Aihara, Executive Vice President of the University of Tokyo; and Dr. Celia Merzbacher, Executive Director Quantum Economic Development Consortium. The findings of the report are based on the results of meetings and workshops between the task force and leading investors, executives, and technologists from Australia, India, Japan, and the United States.

“For this report, quantum leaders from each Quad country have collaborated, understood what each country brings to quantum, and shared the insights needed so we can start to realize the global quantum opportunity,” said Dr. Cathy Foley, Chief Scientist of Australia, and the Australian Co-chair for the Quantum Center of Excellence. “It’s just the beginning of what the QUIN's Quantum Center of Excellence can achieve.”

“This report illustrates the strong potential and leadership of Quad nations in accelerating innovation in quantum information science and technology,” said Dr. Hiroaki Ahira, EVP at University of Tokyo, and Japanese Co-chair for the Quantum Center of Excellence. “The Quad Investors Network has demonstrated its catalytic function between investors and industries to turn the challenge into opportunities.”

“With this Report, the Quantum Centre of Excellence and its Task Forces have made an impressive start towards synergizing the strengths of the Quad nations to achieve a global leadership position in Quantum Science and Technology,” said Dr. Ajay Kumar Sood, Principal Scientific Adviser to the Prime Minister of India, and Indian Co-chair for the Quantum Center of Excellence. “In this very first Report, priority action items have been identified for the Quad Investors Network. I am sure QUIN would follow these up with investors, startups, industry and researchers for definitive outcomes, with the Quantum Center of Excellence and its Task Forces continuing to guide its future course of action.”

“This report aims to highlight areas that the government and the private sector can address to accelerate the pace of innovation in the quantum technology industries,” said Dr. Celia Merzbacher, Executive Director, Quantum Economic Development Consortium, and U.S. Co-chair the Quantum Center of Excellence. “The potential economic value of quantum technologies is enormous, but getting there will take collective action and the quad nations and investors have the opportunity to take a leadership role and thereby realize the economic and societal benefits of this emerging technology.”

The QUIN formed the Quantum Center of Excellence to bring together leaders from the Quad nations who are at the cutting edge of quantum computing, communications, sensing, and ecosystem & workforce development. Members of the task force are charged with devising innovative actions that the QUIN can take to make significant strides in the field of quantum sciences.

“The Quantum Center of Excellence of the Quad Investors Network (QUIN) is a groundbreaking initiative that has united top experts in quantum technology from the public and private sectors of all four Quad nations,” said Karl Mehta, Chairman Emeritus of the QUIN. “This collaboration aims to sustain Quad's leadership in this critical and emerging tech. I extend my gratitude to all four co-chairs and taskforce members for working closely with me over past one year with exceptional efforts and insights, which will enable investors to identify specific opportunities and guide governments in crafting supportive policies.”

The report from the QUIN’s Quantum Center of Excellence can be accessed here.

About The Quad Investors Network

The Quad Investors Network is a charitable initiative dedicated to building a more prosperous, resilient, and innovative Indo-Pacific region. Through joint investment, technical collaboration, and strategic partnership, the Network works to accelerate the development and manufacture of critical and emerging technologies across the Quad nations. Major investors, industry leaders, and public institutions in Australia, India, Japan, and the United States have joined the QUIN in this mission. For more information, visit https://www.quadinvestorsnetwork.org/

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