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PsiQuantumFacility expansion

Brisbane Airport out, Moreton Bay in: PsiQuantum picks new site for its $940m quantum computer build.

What happened

PsiQuantum expanded facilities to United Kingdom, Northern Europe, Europe on May 21st '26.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

Brisbane Airport out, Moreton Bay in: PsiQuantum picks new site for its $940m quantum computer build. PsiQuantum has shifted its $940 million federally-backed Brisbane quantum computer build from the airport precinct to Moreton Bay's old Petrie paper mill, with groundbreaking now slated for June. The Palo Alto-based startup announced today that its world-first utility-scale quantum computer will be anchored at Moreton Bay Central, on the site of the former Petrie Paper Mill north of Brisbane. Early site works are due in the coming weeks, ahead of a formal groundbreaking in June. "PsiQuantum's mission to build the world's first utility-scale quantum computer requires speed, agility, and strong partnerships," said Victor Peng, PsiQuantum's interim CEO - and a former AMD president who took over from co-founder Jeremy O'Brien in February. "City of Moreton Bay provides the infrastructure, scalability, and collaborative environment we need to deliver." Get the best of Startup Daily straight to your inbox. * indicates required It's Peng's first major Australian announcement since taking the chair. Moreton Bay Mayor Peter Flannery called the deal "a significant opportunity for economic growth, not just for our city but for Queensland". The project, he added, "will help drive highly skilled jobs, attract new industry, and strengthen Queensland's position in advanced...

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Extracted by Autobound

From the Signal API record
Event
Facility expansion

What this signalsA bigger facility often needs new equipment, systems and services.

Takes effect
May 21, 2026
Location
United Kingdom

More facility expansion signals at other companies

The full record

From the Signal API record

Extraction

Confidence
67%
Detected
May 21, 2026
signal_type
news
signal_subtype
expands_facilities

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This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/4028417f-4ae0-4f88-959a-4e06e87d22a7 returns this record as JSON. POST /v1/companies/enrich returns every signal for psiquantum.com.

{
  "signal_id": "4028417f-4ae0-4f88-959a-4e06e87d22a7",
  "signal_type": "news",
  "signal_subtype": "expands_facilities",
  "detected_at": "2026-05-21T13:09:53+00:00",
  "company": {
    "name": "PsiQuantum",
    "domain": "psiquantum.com"
  },
  "data": {
    "url": "https://www.startupdaily.net/topic/quantum-computing/psiquantum-moves-940m-quantum-build-brisbane-airport-moreton-bay",
    "title": "Brisbane Airport out, Moreton Bay in: PsiQuantum picks new site for its $940m quantum computer build.",
    "excerpt": "Brisbane Airport out, Moreton Bay in: PsiQuantum picks new site for its $940m quantum computer build.\n\nPsiQuantum has shifted its $940 million federally-backed Brisbane quantum computer build from the airport precinct to Moreton Bay's old Petrie paper mill, with groundbreaking now slated for June.\n\nThe Palo Alto-based startup announced today that its world-first utility-scale quantum computer will be anchored at Moreton Bay Central, on the site of the former Petrie Paper Mill north of Brisbane.\n\nEarly site works are due in the coming weeks, ahead of a formal groundbreaking in June.\n\n\"PsiQuantum's mission to build the world's first utility-scale quantum computer requires speed, agility, and strong partnerships,\" said Victor Peng, PsiQuantum's interim CEO - and a former AMD president who took over from co-founder Jeremy O'Brien in February.\n\n\"City of Moreton Bay provides the infrastructure, scalability, and collaborative environment we need to deliver.\"\n\nGet the best of Startup Daily straight to your inbox.\n\n* indicates required\n\nIt's Peng's first major Australian announcement since taking the chair.\n\nMoreton Bay Mayor Peter Flannery called the deal \"a significant opportunity for economic growth, not just for our city but for Queensland\".\n\nThe project, he added, \"will help drive highly skilled jobs, attract new industry, and strengthen Queensland's position in advanced...",
    "summary": "PsiQuantum expanded facilities to United Kingdom, Northern Europe, Europe on May 21st '26.",
    "location": "United Kingdom, Northern Europe, Europe",
    "planning": false,
    "image_url": "https://assets.startupdaily.net/wp-content/uploads/sites/7/2025/03/psiquantum-Omega3.jpg?quality=70&w=770",
    "confidence": 0.6662,
    "published_at": "2026-05-21T13:09:53Z",
    "location_data": [
      {
        "region": "Northern Europe",
        "country": "United Kingdom",
        "continent": "Europe",
        "fuzzy_match": false
      }
    ],
    "effective_date": "2026-05-21",
    "article_sentence": "PsiQuantum has shifted its $940 million federally-backed Brisbane quantum computer build from the airport precinct to Moreton Bay's old Petrie paper mill, with groundbreaking now slated for June."
  }
}

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