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.
Fault-tolerant quantum computers are expected to unlock transformative new capabilities across medicine, materials science, energy, manufacturing, logistics, finance, and agriculture. As demand for advanced computing continues to grow alongside technologies such as artificial intelligence, quantum computing will provide a powerful new way to solve some of the world’s most complex scientific and industrial challenges by generating high-quality data directly from first principles. Together, quantum computing and AI will help form a complete industrial computing stack capable of accelerating discovery and unlocking breakthrough technologies across critical industries.
“Building a quantum computer that solves real world problems is one of the great engineering challenges of our time. For decades, quantum computing has held the promise of transforming what humanity can achieve through computation, and today in Australia we are beginning to turn that promise into reality,” said Victor Peng, Chief Executive Officer of PsiQuantum. “We are grateful for the partnership and support of the Australian Government, the Queensland Government and City of Moreton Bay as we take this step forward.
“Australia has been part of this journey from the very beginning,” said Prof. Jeremy O’Brien, Co-Founder and Executive Chair of PsiQuantum. “Returning to break ground on a utility-scale quantum computer, so close to where much of the foundational work was done, is a powerful reminder of how far the field has come. This facility will be critical infrastructure, strengthening Australia’s sovereign capability while helping build the workforce that will power the next era of computing, and I’m thrilled to see PsiQuantum leading this revolution here in Australia.”
PsiQuantum’s site will be developed in several phases, with the possibility of future expansion. During the initial construction phase, PsiQuantum will prepare for the arrival of a large cryoplant, a critical piece of infrastructure for cooling the quantum computer currently under construction and manufactured by Linde Engineering. Ordered by PsiQuantum in late 2024, the cryoplant will be one of the largest ever built for quantum computing and is set to be delivered in the second half of 2027. PsiQuantum will then proceed with commissioning the cryoplant and site before then beginning to accept cryogenic cabinets, which will be filled with photonic quantum chips and networked together with standard optical fiber.
The company’s operations are expected to create highly skilled jobs across engineering, technical operations, advanced manufacturing, research, and professional services, all supporting economic growth in the City of Moreton Bay and contributing to the continued development of Queensland’s innovation economy.
Located in one of Australia’s fastest growing regions, the site is located within the Moreton Bay Central Innovation Precinct alongside a TAFE Centre of Excellence and the University of Sunshine Coast Moreton Bay campus, which will help create direct pathways for students, apprentices, technicians and engineers into careers in quantum technologies and advanced manufacturing. Moreton Bay’s role as a host city for the Brisbane 2032 Olympic and Paralympic Games reflects the scale of growth and investment taking place across the city.
“This is exactly the type of investment we have been working to attract to Moreton Bay,” said City of Moreton Bay Mayor Peter Flannery. “PsiQuantum’s building technology that will have an impact globally, and they’re doing it right here in our city. The economic benefits will be felt for years through new jobs, new skills, and new opportunities for local businesses. Combined with the education and training facilities being developed within the precinct, this project helps create a pathway from classroom to career in one of the world’s most advanced industries.”
“We opened this campus in 2020 in one of Queensland’s fastest-growing areas. We worked with City of Moreton Bay to create a site that would enable businesses to co-locate with industry experts and research facilities, to promote knowledge sharing, opportunities for collaboration and access to skilled local graduates,” said University of the Sunshine Coast Vice-Chancellor and President, Professor Helen Bartlett. “It’s wonderful to see this very purposeful industry ecosystem coming to life in Moreton Bay with PsiQuantum breaking ground today.”
Today’s announcement follows the May 2026 opening of PsiQuantum’s Test and Validation Lab located at Griffith University in Brisbane. The lab includes a high-powered cryogenic system used to test photonic quantum chips and other sub-systems, all components that will be developed and refined in support of building and deploying PsiQuantum’s first utility-scale system at Moreton Bay Central.
