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University of Arizona quantum technologies to generate $220m for the region. The world-leading developments in quantum technologies at the University of Arizona are estimated to bring in around $220m to Southern Arizona. A recently published analysis of the economic impacts of quantum technologies has illustrated the vast financial benefits of these innovations to the area over the next ten years. According to the Rounds Consulting Group, which produced the report, UArizona, the lead institute and host of the Center for Quantum Networks (CQN), is actively or indirectly pivotal to this economic boost. Heath Vescovi-Chiordi, MPA, AZED Pro, economic development director for Pima County, commented: “We are truly excited to see the results of this impact analysis. “It clearly demonstrates the impact potential of this technology and shows the importance of UArizona’s investment.” https://lnkd.in/egYvkhfn #quantum #quantumtechnology #investment #tech #innovation

As someone who has collaborated with the labs/univs, I should say, as much as it is great to work with experts in the field sometimes the time scales, priorities, and the objectives diverge. Having diverse options only make the #scientific ecosystem more viable, particularly for cutting edge like #quantum and #ai. I encourage everyone read the Dr. Vannevar Bush great report in working and funding *scientific ventures* which has led to various US programs: https://lnkd.in/gd5csPBq. I learnt this with the great book by Safi Bahcall: https://lnkd.in/g4ZdjsUp

"Rather than having a quantum strategy, ask what the problem is that you cannot solve with current technology that you could solve with quantum technology". "Quantum technologies can add $9 billion to the Australian economy and 50,000 jobs by 2045". These were two of my key takeaways from the Qˣ Queensland's Advanced Technologies Future event at The Precinct earlier this week. Professor Kerrie Wilson, Qld Chief Scientist, explained how Queensland can be a global leader in quantum and emerging tech. She described the 5 Pillars of the Qld Quantum Strategy: 🔬 Deepen scientific capabilities 🚀 Accelerate commercialisation 👩💻 Develop quantum workforce 🌍 Boost engagement in key missions (e.g. decarbonisation) 💰 Attract investment Next Professor Andrew White, director at EQUS, explained how the rules of quantum have existed in nature for billions on years. He took us on a journey through the various revolutions and how long each took: 1st - 🚂 Steam - 200 years 2nd -⚡ Electrical - 100 years 3rd - 💻 Digital - 50 years 4th - 🧬 Quantum - 25 years We are currently in the 2nd revolution of quantum in which we are using all the features of quantum mechanics including: ⚖️ Superposition 🔗 Entanglement 📏 Quantum measurement Examples include: 🩻 Sensing and imaging (e.g. MRIs) 🖥️ Simulation 🧮 Computation 📏 Metrology 📡 Communication Professor Halina Rubinsztein-Dunlop explained the importance of designing a strategy from pure science to commercialisation to avoid "the valley of death". She explained that people and access to funding are the most important part of the strategy. The day finished with Warwick Bowen describing how quantum technologies can address society's most pressing needs. Some examples include: 🌾 Fertiliser production - feed the world at a low energy cost 💊 Pharmaceutical development 🧠 Magnetic encephalography - understanding the brain and neurodegenerative disease 💰 Finance ⚡ Energy What are you excited about with regards to the future of quantum technologies? #quantumtechnologies #emergingtechnologies #4threvolution #quantum2.0

In the global race for quantum technology leadership, Switzerland is at a pivotal juncture in maintaining its competitive edge in innovation. Quantum physics, with its potential to revolutionize computing, communication, and encryption, stands as the frontier of scientific and economic advancement. Despite recognizing this potential, Switzerland's investment in quantum technology falls short compared to its global counterparts. Nicolas Gisin, Head of the Chair of Quantum Physics at Constructor Institute in Schaffhausen, Switzerland, President of the Swiss Quantum Initiative, and co-founder of ID Quantique, highlighted the urgency of the situation in a recent interview with SwissQuote Magazine. "The potential applications of quantum physics are immense," Gisin remarked. "It would be catastrophic if Switzerland missed out on this technological shift." While countries like the United States, China, and various European nations invest billions into quantum research, Switzerland's efforts appear modest, with only CHF 5 million annually allocated to the Swiss Quantum Initiative for 2023 and 2024. In contrast, the United States has allocated nearly $1 billion annually to quantum-related projects since 2018 through its National Quantum Initiative, and China has invested $10 billion in its National Quantum Laboratory. Meanwhile, the European Union has committed one billion euros over ten years to its Quantum Flagship program, supplemented by significant national investments from member states like Germany and France. The repercussions of Switzerland's lag in quantum investment are significant. While fundamental research may receive support from the Swiss National Science Foundation (SNSF), applied research and industrial development suffer. Swiss start-ups lack crucial EU subsidies for R&D, and established companies face barriers in accessing the broader European quantum market. This exclusion prompts companies like ID Quantique to establish branches abroad, with the announcement of a new branch in Vienna, Austria, to maintain participation in the Quantum Flagship program, further eroding Switzerland's competitiveness. Switzerland's exclusion from European initiatives not only hampers its quantum endeavors but also undermines its global competitiveness. At the heart of the matter lies the imperative for Swiss policymakers to navigate the complexities of international collaboration and negotiation. Join us at Constructor Institute in Schaffhausen, where innovation knows no borders. Explore our quantum programs and be part of Switzerland's quantum revolution: https://lnkd.in/dsHXQUA6. #QuantumRevolution #SwissQuantumInitiative #TechCompetitiveness #InnovateSwitzerland #QuantumTechnology #GlobalInnovation #QuantumLeadership #SwissInnovation #InvestInQuantum #TechCrossroads #QuantumFrontier #FutureTech #SwissResearch #QuantumEconomy #TechDiplomacy #QuantumResearch #EuropeanCollaboration #TechPolicy #QuantumEdge #SwissCompetitiveness

⭐Last week Department for Science, Innovation and Technology announced £100 million in government funding for five new #quantum research hubs! 🧠These five new hubs will be led by universities across the UK and will work closely with industry partners to build on world leading UK strength across a plurality of quantum technologies. 💻The UK's 'quantum hubs' model has provided world leading research and innovation since 2014. The renewal of this system, with five new hubs announced, underscores UK Government commitment to build on the long term success of the National Quantum Technologies Programme, continuing to place #quantumtech at the heart of its science and research ambitions. ⚙️The focus on practical use of quantum technology, emphasising industry and academic collaboration, helps support quantum commercialisation. 🌍 The UK & New Zealand are exploring how we can collaborate on quantum research that can translate into real-world applications that benefit society, economy and the planet. https://lnkd.in/gmtQ-zEF #DSIT #Innovation #Emergingtech #sciencediplomacy #internationalrelations

In the global race for quantum technology leadership, Switzerland is at a pivotal juncture in maintaining its competitive edge in innovation. Quantum physics, with its potential to revolutionize computing, communication, and encryption, stands as the frontier of scientific and economic advancement. Despite recognizing this potential, Switzerland's investment in quantum technology falls short compared to its global counterparts. Nicolas Gisin, Head of the Chair of Quantum Physics at Constructor Institute in Schaffhausen, Switzerland, President of the Swiss Quantum Initiative, and co-founder of ID Quantique, highlighted the urgency of the situation in a recent interview with SwissQuote Magazine. "The potential applications of quantum physics are immense," Gisin remarked. "It would be catastrophic if Switzerland missed out on this technological shift." While countries like the United States, China, and various European nations invest billions into quantum research, Switzerland's efforts appear modest, with only CHF 5 million annually allocated to the Swiss Quantum Initiative for 2023 and 2024. In contrast, the United States has allocated nearly $1 billion annually to quantum-related projects since 2018 through its National Quantum Initiative, and China has invested $10 billion in its National Quantum Laboratory. Meanwhile, the European Union has committed one billion euros over ten years to its Quantum Flagship program, supplemented by significant national investments from member states like Germany and France. The repercussions of Switzerland's lag in quantum investment are significant. While fundamental research may receive support from the Swiss National Science Foundation (SNSF), applied research and industrial development suffer. Swiss start-ups lack crucial EU subsidies for R&D, and established companies face barriers in accessing the broader European quantum market. This exclusion prompts companies like ID Quantique to establish branches abroad, with the announcement of a new branch in Vienna, Austria, to maintain participation in the Quantum Flagship program, further eroding Switzerland's competitiveness. Switzerland's exclusion from European initiatives not only hampers its quantum endeavors but also undermines its global competitiveness. At the heart of the matter lies the imperative for Swiss policymakers to navigate the complexities of international collaboration and negotiation. Join us at Constructor Institute in Schaffhausen, where innovation knows no borders. Explore our quantum programs and be part of Switzerland's quantum revolution: https://lnkd.in/dsHXQUA6. #QuantumRevolution #SwissQuantumInitiative #TechCompetitiveness #InnovateSwitzerland #QuantumTechnology #GlobalInnovation #QuantumLeadership #SwissInnovation #InvestInQuantum #TechCrossroads #QuantumFrontier #FutureTech #SwissResearch #QuantumEconomy #TechDiplomacy #QuantumResearch #EuropeanCollaboration #TechPolicy #QuantumEdge #SwissCompetitiveness

The world-leading developments in quantum technologies at the University of Arizona are estimated to bring in around $220m to Southern Arizona. According to a recently published analysis of the economic impacts of quantum technologies by Rounds Consulting Group, UArizona, the lead institute and host of the Center for Quantum Networks (CQN), is actively or indirectly pivotal to this economic boost. Find out more ⬇ #QuantumTechnologies #Arizona #QuantumInnovation #QuantumTechnology https://bit.ly/3VAQJBM

📰 News: 📰 📢 Colorado Takes the Lead in Quantum Technologies 🌌🖥️ Did you know that Colorado has become the global epicenter of the quantum revolution? With recent federal funding of $40 million and an estimated $1 billion in private capital, this region is poised to help lead the greatest leap in technology that humankind has ever seen! 🚀 Quantum computing harnesses the behavior of particles and photons to produce information at speeds that are potentially thousands of times faster than our current systems. Imagine the possibilities when combined with artificial intelligence. From solving big challenges like climate change to tackling the eradication of cancer, quantum technologies have the potential to change the world. 💡💪 In Colorado alone, there are already 3000 people working in quantum-related jobs, more than anywhere else globally! The region is home to not only 40 federally funded research labs, but also four Nobel-prize winning quantum scientists. 🏆🔬 By securing the quantum innovation hub designation and federal funding, Colorado aims to create 10,000 new jobs, train 30,000 new workers, and support the growth of 50 startups over the next decade. This investment will build an inclusive and diverse ecosystem, attracting talent from all walks of life to contribute to the quantum revolution. 🌈🌍 Let's join the conversation! Tell us your thoughts on the potential of quantum technologies for business and humankind. And don't forget to follow Spin Quantum Tech for more updates on this exciting field! 🗣️💭✅ -QuantumComputing -Colorado -QuantumRevolution -BusinessInnovation -FutureTech -SpinQuantumTechCTA: Comment below and share your insights. Let's explore the possibilities of quantum together! 💡👇 #Future #Futurism #Innovation #Business #ArtificialIntelligence #QuantumComputing #SQT https://lnkd.in/eAuziq6a

Quantum development accelerates established industries, especially high-performing ones in South Carolina. We’re here for quantum-fueled advancements that grow jobs for South Carolinians. - South Carolina is ripe for driving the emerging quantum economy. Our history in advanced manufacturing, logistics, energy infrastructure, and more uniquely positions South Carolina industries to leverage quantum for achieving remarkable advancements. Quantum-powered innovations will create conditions for accelerated workforce and economic development, prosperity, and security for South Carolinians. In the quantum future, you won’t need a PhD to participate in exciting, leading-edge industries, but you’ll need to be quantum-ready. This can be achieved through targeted outreach, education, and community engagement. Wanna Quantum?™ - Wanna Quantum?™ are the first two words of any new quantum conversation. Each week, SCQ shares a perspective on how quantum is coming to life through talent and technology here in South Carolina. - SC Quantum is a convening force, bringing together our brightest minds with dynamic technology to address significant challenges. Quantum-powered partnerships position South Carolina and the Southeast as leading centers for healthcare, finance, manufacturing, cybersecurity, education, and other pioneering fields. While hardware and software are important, we prioritize ‘peopleware.’ Unprecedented collaboration in South Carolina will drive technical discoveries that transform our economy for the better. Wanna Quantum?™ Visit scquantum.org or contact [email protected] to learn more about the emerging quantum ecosystem in our state. - #quantum #quantumphysics #quantummechanics #quantumcomputing #quantumsensing #quantumentanglement #quantumworld #quantummemes #southcarolina #technology #wannaquantum

Prized for its versatility, the quantum bit or ‘qubit’ is unlocking new possibilities in the modern computing age 💡 In this cover story, A*STAR Research dives into A*STAR’s research on quantum software and hardware, which aim to harness quantum computing’s advantages. “In partnership with Singapore’s quantum research ecosystem, A*STAR - Agency for Science, Technology and Research takes a holistic approach to develop end-to-end, full-stack software solutions for quantum algorithms and applications, as well as quantum materials and devices to build scalable quantum computers,” said Keng Hui Lim, Assistant Chief Executive of A*STAR’s Science and Engineering Research Council. 🤝 Through collaborative platforms like the National Quantum Computing Hub (NQCH), National Quantum Federated Foundry and the Quantum Innovation Centre, A*STAR aims to support the development of the tools, talent and facilities Singapore can leverage for use-inspired basic research to support quantum’s technological capabilities and translational research for real-world impact.   Check out the link in the comments section to read the full article ⬇️ --- #scicomm #science #technology #STEM #research #innovation #ASTAR #quantumcomputing #quantumresearch #quantumtechnology #collaboration #Singapore