PsiQuantum Launches New Site at Moreton Bay Central

PsiQuantum Selects Moreton Bay Central for World’s First Utility-Scale Quantum Computer Project

PsiQuantum has announced that it will establish its Australian project for the development of the world’s first utility-scale quantum computer at Moreton Bay Central in Queensland, marking a major milestone for the country’s growing advanced technology sector. Early site works for the project have already begun ahead of an official groundbreaking ceremony scheduled for June.

The project represents one of the most ambitious quantum computing developments globally and reinforces Queensland’s growing reputation as a hub for advanced manufacturing, research and emerging technologies. PsiQuantum’s investment is expected to contribute significantly to Australia’s innovation economy while positioning the region at the forefront of the global quantum computing race.

The selected site is located within the City of Moreton Bay, a rapidly developing area north of Brisbane that is becoming a major center for education, industry and technology-driven investment. The Moreton Bay Central precinct is expected to host several events during the 2032 Brisbane Olympic and Paralympic Games and has been identified as a key long-term development zone for Queensland.

The area already includes the University of the Sunshine Coast Moreton Bay campus and will also become home to a future Technical and Further Education (TAFE) Centre of Excellence focused on advanced manufacturing and industrial innovation. Local officials believe the combination of education, research and industry infrastructure makes the precinct ideally suited for a large-scale technology initiative such as PsiQuantum’s quantum computing project.

Victor Peng, Interim Chief Executive Officer of PsiQuantum, said the company selected Moreton Bay Central because it offers the infrastructure, flexibility and collaborative environment needed to support a project of this scale and complexity.

“PsiQuantum’s mission to build the world’s first utility-scale quantum computer requires speed, agility, and strong partnerships,” Peng said. “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.”

Quantum computing is widely viewed as one of the most transformative technologies of the future, with the potential to solve problems far beyond the capabilities of traditional computers. Utility-scale quantum computers are expected to support major breakthroughs in areas such as medicine, materials science, climate modeling, logistics, cybersecurity and artificial intelligence.

PsiQuantum has focused on developing a fault-tolerant, utility-scale quantum computer capable of handling commercially meaningful applications. Unlike smaller experimental quantum systems, a utility-scale machine would have the processing power and stability necessary for real-world industrial and scientific use.

The company worked closely with the City of Moreton Bay to identify a location capable of supporting the technical and operational demands of advanced quantum infrastructure. The selected site sits on the former Petrie Paper Mill property, an industrial location historically equipped to support large-scale manufacturing operations.

According to project officials, the site already possesses many of the power and utility requirements necessary for sophisticated computing and advanced manufacturing infrastructure. Additional energy infrastructure has also been commissioned ahead of the 2032 Olympic and Paralympic Games and other regional development initiatives, further strengthening the site’s suitability for the project.

The availability of scalable infrastructure was considered a critical factor in PsiQuantum’s decision-making process. Utility-scale quantum computing requires highly specialized environments with stable energy supply, advanced cooling systems and significant technical support capabilities.

The project is expected to contribute to the creation of a broader innovation ecosystem in Queensland by supporting workforce development, attracting highly skilled talent and encouraging investment in future-focused industries.

Local government leaders believe the development could become a catalyst for long-term economic growth across the region.

Peter Flannery, Mayor of the City of Moreton Bay, described the project as a transformational opportunity for both the local community and the state economy.

“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,” Flannery said. “This investment will help drive highly skilled jobs, attract new industry, and strengthen Queensland’s position in advanced manufacturing and future technologies.”

Flannery added that Moreton Bay Central is increasingly attracting businesses seeking access to strong infrastructure, educational institutions and a growing skilled workforce.

Deputy Mayor Jodie Shipway emphasized the collaborative opportunities the project creates between research institutions, industry and training providers.

“Bringing together world-leading technology alongside the University of the Sunshine Coast, TAFE Queensland and a growing advanced manufacturing sector creates real opportunities for collaboration, skills development and innovation,” Shipway said. “This is about more than a single project, it’s about building a connected innovation precinct where education, research and industry work side-by-side to drive new jobs, new capability and long-term economic growth for Queensland.”

Scott Waters, Chief Executive Officer of the City of Moreton Bay, also highlighted the long-term importance of the project for regional innovation and economic diversification.

“Welcoming PsiQuantum to Moreton Bay Central is a major milestone for our city,” Waters said. “This precinct is designed to bring together industry, research and community, and this project will help drive long-term innovation, investment and jobs for Moreton Bay Central and Queensland.”

PsiQuantum’s latest announcement follows its 2024 decision to build the world’s first utility-scale quantum computer in Brisbane. The company acknowledged the role played by Brisbane Airport Corporation during the earlier stages of the project’s development.

Robert Lindwall, Head of Operations for PsiQuantum in Australia, thanked Brisbane Airport Corporation for its collaboration and support throughout the process.

“Brisbane Airport has been a constructive partner to PsiQuantum, and we thank the team for the positive engagement and support shown throughout our time working together,” Lindwall said. “We greatly appreciate the professionalism and cooperation of the Brisbane Airport team during this process.”

Scott Norris, Executive General Manager Commercial at Brisbane Airport, said quantum computing could bring major benefits to Queensland’s economy and scientific community.

“Quantum computing will deliver great benefits for Queensland, from accelerating breakthroughs in health and climate science to strengthening the state’s advanced industries,” Norris said. “With established infrastructure, strong connectivity and transport links, Brisbane Airport continues to accelerate the release and development of strategically located land for industry and business, making it an ideal base for technology, innovation and research to grow.”

As part of its broader Australian expansion strategy, PsiQuantum is also preparing to open a new Test and Validation Lab at Griffith University’s Nathan campus. The facility is expected to strengthen Queensland’s quantum engineering, research and technical capabilities while helping develop the next generation of quantum computing talent.

Industry experts believe the establishment of major quantum infrastructure projects in Australia could help position the country as a global leader in next-generation computing technologies. With government support, university partnerships and increasing private-sector investment, Queensland is rapidly emerging as a center for innovation in advanced science and technology.

PsiQuantum’s decision to anchor its project at Moreton Bay Central represents not only a major technological investment but also a long-term commitment to building an integrated ecosystem where research, education and industry can collaborate to shape the future of quantum computing.

Source Link:https://www.businesswire.com/