Skip to content
Science

PsiQuantum Adds First US-Based Utility-Scale Quantum Computer to its Future Plans

PsiQuantum 2 mins read

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:

PsiQuantum was founded in 2015 and is headquartered in Palo Alto, California. The company’s mission is to build and deploy the world’s first useful, fault-tolerant quantum computing systems. PsiQuantum’s photonic approach enables it to leverage high-volume semiconductor manufacturing and existing cryogenic infrastructure to rapidly scale its systems. Learn more at www.psiquantum.com.


Contact details:

Charlie Moore: 0452 606 171

More from this category

  • Biotechnology, Science
  • 23/12/2024
  • 09:00
Brandon Capital

CUREator + deploys $18.5 million in its first funding round

MELBOURNE, Australia — 23 December 2024 CUREator +, has announced that eight local startups developing innovations with the potential to save lives and improve wellbeing will receive grants totalling $18.5 million in its first funding round. CUREator+, delivered in partnership with Brandon BioCatalyst and ANDHealth, is a national program focused on accelerating the research translation and commercialisation of preclinical and clinical early-stage Australian medical research and medical innovations with commercial potential. These innovations include drugs (novel and repurposed), devices, diagnostics and digital technologies that address unmet needs. Enabling rapid assessment of the efficacy of cancer treatments AI-powered platform providing early…

  • General News, Science
  • 19/12/2024
  • 10:00
Australian National Maritime Museum

DEEPSEA CHALLENGER returns home to Sydney in brand-new Maritime Museum exhibition

The Australian National Maritime Museum is thrilled to become the temporary home of the DEEPSEA CHALLENGER, the iconic submersible which took James Cameron to the deepest trenches of the ocean in 2012. It features within a brand-new exhibition, Ultimate Depth: A Journey to the Bottom of the Sea, opening on December 19, 2024. The DEEPSEA CHALLENGER, was designed, tested, and engineered in Sydney, was co-engineered by the renowned Ron Allum, a local Sydney cave diver, engineer, deep-sea explorer and former NSW Senior Australian of the Year. The Museum is honoured to have Ron Allum visit the exhibition for its launch…

  • Contains:
  • Engineering, Science
  • 19/12/2024
  • 09:00
UNSW Sydney

This purple diamond could one day amplify signals from deep space

They say that diamonds are a girl’s best friend – but that might also soon be true for astronomers and astrophysicists following new research…

  • Contains:

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time you distribute with Medianet. Pay per release or save with a subscription.