PsiQuantum announces Australian site at Moreton Bay Central
US company PsiQuantum has announced it will anchor its project to build what is claimed to be the world’s first utility-scale quantum computer at Moreton Bay Central. Early site works have already begun ahead of a formal groundbreaking in June.
PsiQuantum was founded in 2016 and is headquartered in Palo Alto, California.
The site is home to a developing precinct that includes the University of the Sunshine Coast’s Moreton Bay Campus, and is the future site of a Technical and Further Education (TAFE) Centre of Excellence dedicated to advanced manufacturing.
“PsiQuantum’s mission to build the world’s first utility-scale quantum computer requires speed, agility and strong partnerships,” said Victor Peng, Interim Chief Executive Officer of PsiQuantum. “City of Moreton Bay provides the infrastructure, scalability and collaborative environment we need to deliver. We look forward to continued partnership with City of Moreton Bay and our partners in the federal and Queensland governments to move this project forward and realise this technology.”
PsiQuantum partnered closely with City of Moreton Bay to identify and secure a site capable of supporting the infrastructure and operational requirements for utility-scale quantum computing. The precinct sits on the site of the former Petrie Paper Mill, which was equipped to support large-scale industrial operations, and has the power and utility infrastructure needed for complex manufacturing.
The project also presents an opportunity for PsiQuantum to help shape a broader, long-term innovation ecosystem, supporting skills development, attracting talent and enabling future-focused industries supported by the next generation of computing.
“PsiQuantum’s decision to establish its project in City of Moreton Bay is a significant opportunity for economic growth, not just for our city but for Queensland,” said Peter Flannery, Mayor of City of Moreton Bay. “This investment will help drive highly skilled jobs, attract new industry, and strengthen Queensland’s position in advanced manufacturing and future technologies.”
Next week, PsiQuantum will open its Test and Validation Lab at Griffith University’s Nathan campus, marking an important step in building Queensland’s quantum research, engineering and technical capability as the industry continues to develop.
WA Government to boost development of Collie green steel mill
The WA Government has announced it will invest $9.8m to progress plans for Australia's first...
Queensland increases investment in CopperString
The Queensland Government has announced an increase in its commitment to CopperString by...
LION to close James Boag's Brewery in Launceston
Due to a decline in the national beer market, LION plans to close the James Boag's Brewery in...




