According to Australian media reports, tech giant Microsoft has shut down its quantum computing research facility in Australia after seven years of collaboration with the University of Sydney. Microsoft also confirmed this week that it would close Microsoft Quantum Sydney, which it has been running in collaboration with the University of Sydney since 2017, and relocate its quantum research and commercialisation efforts to its headquarters in the United States.

Post-quantum cryptography technology company BTQ recently announced that it has registered and established an Australian subsidiary in Sydney. The subsidiary will primarily advance its research and development efforts in quantum algorithms to enhance the security and efficiency of communications. In addition, it has also announced a partnership with Macquarie University and the Sydney Quantum Academy to cultivate the next generation of quantum technology specialists.