PsiQuantum Unveils New Australian Site at Moreton Bay Central
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BRISBANE, Australia--(BUSINESS WIRE)--May 20, 2026-- PsiQuantum announced today that the company will anchor its project to build the world's first utility-scale quantum computer at Moreton Bay Central. Early site works have commenced ahead of a formal groundbreaking in June. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260520542043/en/ Image Credit: City of Moreton Bay The site, located in City of Moreton Bay, is home to a developing precinct slated to host several events during the 2032 Olympic and Paralympic Games in Brisbane. The precinct is also home to 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...
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