Insider Brief
PsiQuantum has begun construction of its utility-scale quantum computing facility at Moreton Bay, Australia, where it plans to deploy a fault-tolerant quantum computer.
The site will be developed in phases and will incorporate major infrastructure including a large cryogenic plant and networked photonic quantum computing systems.
The project is expected to support Australia’s quantum ecosystem through workforce development, research collaboration, and the creation of high-skilled jobs.
PRESS RELEASE — PsiQuantum today broke ground and started construction on its facility at Moreton Bay Central, where the company will build and deploy the world’s first utility-scale, fault-tolerant quantum computer. Minister for Industry and Innovation and Minister for Science Senator the Hon Tim Ayres, Queensland Minister for Science and Innovation the Hon Andrew Powell and City of Moreton Bay Mayor Peter Flannery joined PsiQuantum Chief Executive Officer Victor Peng and PsiQuantum Co-Founder and Executive Chair Prof. Jeremy O’Brien to mark the milestone.
