Prime minister, Malcolm Turnbull, has hailed the University of New South Wales’ quantum computing research as the “best in the world.” Turnbull and minister for industry, innovation and science, Christopher Pyne, on Friday opened a new quantum computing laboratory complex at UNSW in Sydney. “There is no bolder idea than quantum computing,” Turnbull said, praising the work of scientia professor, Michelle Simmons, director of the Australian Research Council Centre of Excellence for Quantum Computation and Communication Technology (CQC2T). The new laboratories will double the productivity capacity of the UNSW headquarters of the CQC2T. They will also be used to advance development work to commercialise the university’s quantum research. Each lab will house new scanning tunnelling microscopes, which are used to manipulate individual atoms, as well as six cryogenic dilution refrigerators that can reach temperatures close to absolute zero. Professor Simmons said the Australian centre’s approach to creating a powerful quantum computer using silicon has given the university a two to three-year lead over the rest of the world. “These facilities will enable us to stay ahead of the competition,” Professor Simmons said. Late last year, as part of the National Innovation and Science Agenda, the government committed $26 million towards a projected $100 million investment to support the commercial development of the university’s research. The Commonwealth Bank and Telstra also pledged $10 million towards the development of a ten-qubit prototype. Professor Simmons expects a ten-qubit prototype integrated circuit to be built within five years. “By mapping the evolution of classic computing devices over the last century, we would expect commercial quantum computing devices to appear within 5-10 years of that milestone,” Professor Simmons said. Follow CIO Australia on Twitter and Like us on Facebook… Twitter: @CIO_Australia, Facebook: CIO Australia, or take part in the CIO conversation on LinkedIn: CIO Australia Follow Byron Connolly on Twitter: @ByronConnolly Related content BrandPost How Infosys and Tennis Australia are harnessing technology for good By Veronica Lew Mar 26, 2023 6 mins Infosys BrandPost Retail innovation playbook: Fast, economical transformation on Microsoft Cloud For retailers, tight integration of data and systems is the antidote to a challenging economy. By Tata Consultancy Services Mar 24, 2023 3 mins Retail Industry Digital Transformation BrandPost How retailers are empowering business transformation with TCS and Microsoft Cloud AI-powered omnichannel integration and a strong, secure digital core lets retailers innovate across four primary areas while staying compliant, maintaining security and preventing fraud. By Tata Consultancy Services Mar 24, 2023 4 mins Retail Industry Cloud Computing BrandPost How to Build ROI from Cloud Migration This whitepaper and webcast can help you calculate the ROI and create a business case for modernizing your legacy applications to the Microsoft Cloud. By Tata Consultancy Services Mar 24, 2023 1 min Retail Industry Cloud Computing Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe