PsiQuantum to Add First US Utility-Scale Quantum Computer

PsiQuantum

BRISBANE, Queensland, Australia. PsiQuantum today announced that it will build its second utility-scale quantum computer in Chicago, Illinois as part of a partnership with the State of Illinois, Cook County, and the City of Chicago.

PsiQuantum To Build First US-Based Utility-Scale Quantum Computer in Chicago, Illinois (Press Release)

This announcement follows the Australian Commonwealth and Queensland governments announcing that PsiQuantum will build its first utility-scale quantum computer in Brisbane. PsiQuantum's operations and plans in Australia remain unchanged with the construction at the site slated to begin in 2025 and the site to be operational by the end of 2027.

In Brisbane, PsiQuantum's operations continue to grow with the company recently announcing a partnership with five Queensland universities to develop education programs in quantum computing adjacent fields and collaborate on research projects focusing on quantum computing applications. Today's announcement in Chicago opens potential avenues for Illinois universities and leading academic institutions in Australia to work together on research & development projects.

"It is another incredible day for PsiQuantum and our partners, including the Australian Commonwealth and Queensland governments," said Prof. Jeremy O'Brien, PsiQuantum CEO & co-founder.

"Building and deploying these systems between strong allies is paramount to maximizing quantum computing's impact when it comes to addressing major challenges in areas like climate change and healthcare. We will work together with the Australian Commonwealth, Queensland, Illinois and US governments to continue to build a common computing environment."

PsiQuantum Government Advisory Board Members:

Vice Admiral Bob Sharp, USN (Ret.)

"PsiQuantum has demonstrated that it has the right approach to unlock quantum computing's promise and with this announcement, their technology will sit at the heart of the most prominent quantum hub in the United States. Building a utility-scale quantum computer here at home will bolster both our economic and national security. By coordinating efforts to develop this advanced technology, the United States and our key allies will ensure a robust defense against the complexities of future threats and economic shifts, tapping into the true strengths of our nations -- our people and our partnerships."

Dr. Ronnie Chatterji – Former acting Deputy Director of the National Economic Council and the White House Coordinator for CHIPS

"In an era of strategic competition, the development of world changing technologies like fault-tolerant quantum computing could not be more important. Our economic and national security are inextricably linked, and with today's announcement Chicago and Illinois are one step closer to becoming home to a great engine of economic growth: PsiQuantum's first U.S.-based utility-scale quantum computer."

About PsiQuantum:

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