G7 Commits to Quantum Technologies
Implications
Yesterday, June 17, 2025, at the G7 Leaders’ Summit in Kananaskis, Alberta, the G7 nations prioritized quantum technologies, including quantum computing, as a key focus for economic growth, security, and digital transition. The "Kananaskis Common Vision for the Future of Quantum Technologies" outlined collaborative efforts through a G7 Joint Working Group on Quantum Technologies, involving industry, academia, and experts to advance research, development, and commercialization. The decision emphasized quantum’s potential to transform sectors like finance, healthcare, energy, and defense while addressing cybersecurity risks, particularly the threat to current encryption systems.
Image source: Brian Lenahan/Midjourney
Implications for Vendors:
Increased Investment and Collaboration: Vendors can expect boosted funding and international partnerships, as the G7’s commitment to joint R&D projects and policy dialogues will likely attract public and private capital. Canada’s push for resilient quantum supply chains and events like the QUANTUM NOW summit in Montréal signal opportunities for vendors to align with global standards and secure contracts.
Cybersecurity Focus: Vendors specializing in post-quantum cryptography (PQC) will see heightened demand, as the G7 Cyber Expert Group urged financial institutions to adopt quantum-resilient encryption standards, such as those from NIST, to counter risks from quantum computers breaking current cryptographic techniques.
Market Growth: The G7’s endorsement positions quantum as a strategic technology, driving demand for quantum hardware, software, and services. Numerous quantum companies are advancing towards scalable systems and may benefit from accelerated adoption timelines, though they must navigate regulatory disparities and supply chain challenges.
Implications for End Users:
Sector-Specific Benefits: End users in finance, healthcare, transport, and energy will gain access to quantum-driven innovations, such as optimized market trading, precision diagnostics, and advanced sensing. However, many practical applications remain years away, requiring patience, roadmapping and investment in pilot projects.
Cybersecurity Urgency: Financial institutions and other end users must act swiftly to assess and mitigate quantum risks, as threat actors could exploit stored data once quantum computers mature (potentially within a decade). Adopting PQC standards and planning for quantum resilience is critical to safeguard sensitive data.
Global Standards and Access: End users will benefit from G7-led efforts to harmonize quantum technology standards, ensuring interoperability and reducing costs. However, disparities in national policies may complicate adoption for multinational organizations.
Image source: Brian Lenahan/Midjourney
Preparing for the Future
Quantum’s Business paid subscribers have access to over 300 substacks relating to the implications of quantum technologies for business.
Quantum Strategy Institute, which I chair, offers free articles on geopolitical aspects of quantum and strategies for adopting them.
Qureca. a leading quantum technologies information and training platform offers “Quantum Strategy for Business” to support business and IT in understanding and integrating quantum tech.
Brian’s Amazon published books include Quantum Boost and Quantum Excellence (both rated over 4.0 out of 5 stars, and Amazon bestsellers) to help business leaders understand the technology and, of course, the implications for the future.
Summary
The G7 commitment has significant implications for participating countries and its’ resident businesses, big and small. Take the complexity out of the science, engage in the opportunities and adopt the technology over a reasonable roadmap. And leverage our tools on the journey.
Brian Lenahan is founder and chair of the Quantum Strategy Institute, author of seven Amazon published books on quantum technologies and artificial intelligence and a Substack Top 100 Rising in Technology. Brian’s focus on the practical side of technology ensures you will get the guidance and inspiration you need to gain value from quantum now and into the future. Brian does not purport to be an expert in each field or subfield for which he provides science communication.
Brian’s books are available on Amazon. Quantum Strategy for Business course is available on the QURECA platform.
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Thanks Brian - good to see global governments understand the imperative - I hope they are all planning to increase their financial contribution. The words are nice but hopefully more action will follow.