HCL Technologies have signed a Memorandum of Understanding (MoU) to help accelerate the development of the quantum technology ecosystem in Australia. SQA is a unique partnership between four universities – Macquarie University, the University of New South Wales, the University of Technology Sydney, and the University of Sydney. SQA is supported by the New South Wales (NSW) government with a vision to build Australia's quantum economy.

Through this industry-academia partnership, HCL Technologies and SQA aim to bring together their capabilities to create education and development opportunities for students within the realm of quantum technology. Other opportunities, which will be explored as part of the MoU, will connect HCL's diverse and large client base with the growing Sydney quantum community. Sydney is home to one of the highest concentrations of quantum experts globally, along with a burgeoning quantum technology industry.

HCL has built deep capabilities in next-generation technologies including quantum computing. The Company is helping enterprises and partners to capitalize on the emerging opportunities thrown up by quantum technologies through a ready-to-innovate ecosystem. This includes identified quantum champions (technology and business), research IPs, use-cases and scale-ready offerings (Proof of Concepts and Fluidic Capability Centers).