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Labor is backing up to 51 new local jobs supporting an innovative quantum sensing company to expand in VictoriaMinister for Industry and Advanced Manufacturing Melissa Horne today announced the expansion of Nomad Atomics facility in Richmond enabling the company to manufacture its worldleading quantum sensors locally Over the next three years Nomad Atomics will establish a Sovereign Manufacturing Facility for its innovative quantum sensing equipment enabling manufacturing previously outsourced overseas to take place in Victoria The expansion will boost research and development capability lift productivity and open overseas marketsNomad Atomics combines worldleading quantum sensors and advanced software to unlock critical insightsIts technology helps industries such as mining and water management make critical decisions with future potential across a range of industries including defence It is helping find and produce critical minerals allowing utilities to reduce water loss and enabling navigation without the need for GPSFounded by three postdoctoral physicists the company relocated its headquarters from Canberra to Richmond in 2024 where it established its stateoftheart laboratoriesVictorias manufacturing sector is the largest in the nation by workforce employing more than 260000 peopleThe sector generates around 29 billion in annual exportsLabors 150 million Victorian Investment Fund is helping businesses grow create jobs and boost exportsQuotes attributable to Minister for Industry and Advanced Manufacturing Melissa Horne Labor is supporting Nomad Atomics expansion to create local jobs and strengthen Victorias position as a manufacturing powerhouse and a leader in innovationWere backing the manufacturing sector growing our economy and reinforcing Victorias place at the forefront of Australian industryQuote attributable to Nomad Atomics Cofounder and CEO Kyle HardmanOur hardware is already achieving worldfirsts in subsurface sensing Scaling up production here means we can help industry find the critical minerals needed for the energy transition and help strengthen Australias sovereign capability in areas like defence navigation
261021 A Quantum Leap For Local Manufacturingpdf
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