Technology built on breakthroughs in science and engineering

Deep technology has the potential for global impact. In addition to positive social and environment impact, successful ventures can generate massive financial return for Australia.

Backing deep tech isn’t optional if we want to secure Australia’s future.

Australian founders of today are building on the technologies that have come before them, building new capabilities with the power to deliver step-change innovations that will lift economic and societal productivity.

Translating knowledge into commercial technology improves human lives

Australia has a rich history of research and development having developed and exported hugely successful inventions like WiFi, Cochlear implants and the flight recorder. But currently only 12 of the 2,500 global R&D leaders are Australian.

The next generation of deep tech successes represents a multi-billion dollar opportunity

Providing these early stage companies with access to finance, a business network, skilled workers and specialised facilities is vital.

It’s time for leaders to recognise the enormous benefits of investing in science and technology and the clear and significant opportunity for financial return from R&D.

Critical Technologies for Australia’s Future

Australia’s prosperity and security tomorrow will be shaped by how we support deep tech today. These are the critical technologies that will power clean energy, advanced manufacturing, defence, and healthcare, building sovereign industries and long-term competitiveness.

Additional sector insights are available below.

Like our namesake the cicada –which incubates underground for 17 years before emerging – deep tech ventures can take decades to become established.

Our goal is to provide the space, resources and connections for these ventures to forge a patient pathway to commercial success.

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