Last Updated -
August 5, 2026
Explore the business model, global strategy, and market performance including insights into its position in China.
Origin Quantum Computing Technology (Hefei) Co., Ltd. is a private Chinese quantum-computing company founded in 2017 and headquartered in Hefei High-Tech Zone, Anhui. It operates as a full-stack vendor, meaning it develops the main layers needed to build and run quantum computers, including quantum chips, control and readout systems, cryogenic support infrastructure, operating software, cloud access, developer tools, and application software. Its technology roots trace to the CAS Key Laboratory of Quantum Information, and its stated purpose centers on building independently controllable, engineering-oriented quantum computers and contributing Chinese capability to the field.
The company has developed from early quantum hardware and software R&D into one of China’s more visible private quantum-computing platforms. Its products and services include OriginQ Cloud, the Origin Pilot quantum operating system, QPanda3, VQNet, ChemiQ, QCFD, and application support for areas such as finance, artificial intelligence, computational chemistry, smart grids, weather forecasting, biomedicine, scientific simulation, cybersecurity, education, and industrial research. Cloud access is an important commercialization route because it lets universities, developers, and enterprises experiment with quantum processors without owning the hardware.
Origin Quantum is private and does not publish quarterly financial statements, so Q1 2026 revenue, profit, cash flow, margins, customer concentration, and backlog figures are not available. The latest major public company update was the May 7, 2026 launch of OriginQ Wukong 180, a fourth-generation superconducting quantum computer offered through cloud access to global users. The company disclosed 180 computational qubits, 251 coupling qubits, average T1 coherence time of 40 microseconds, average T2 Echo coherence time of 20 microseconds, 99.90% average single-qubit gate fidelity, 99.00% average two-qubit gate fidelity, and 99.00% average readout fidelity. These figures place Origin Quantum among China’s notable quantum-computing developers, although public financial visibility and independent benchmarking remain limited.
Origin Quantum is a private Chinese full-stack quantum-computing company based in Hefei, Anhui. It does not publish quarterly financial statements, audited revenue, profitability, margins, cash burn, or Q1 2026 results. The latest material public update is operational rather than financial: the May 2026 launch of OriginQ Wukong 180, a fourth-generation superconducting quantum computer offered through cloud access.
The business model is early-stage and R&D-heavy. Origin Quantum sells or provides access to a vertically integrated quantum-computing stack that spans superconducting quantum chips, control and readout systems, cryogenic and environmental support infrastructure, quantum operating-system software, cloud access, developer tools, and application software. Its monetization is likely tied to a mix of government and research projects, cloud usage, education and training, enterprise pilots, system or component delivery, and strategic funding, although the company does not disclose the revenue split.
Origin Quantum’s key operating categories are superconducting quantum hardware, quantum control systems, quantum software, cloud quantum services, and application solutions. Wukong 180 is the company’s most visible current platform. The system was disclosed with 180 computational qubits, 251 coupling qubits, average T1 coherence time of 40 microseconds, average T2 Echo coherence time of 20 microseconds, 99.90% average single-qubit gate fidelity, 99.00% average two-qubit gate fidelity, and 99.00% average readout fidelity. Its earlier Origin Wukong system used a 72-qubit superconducting chip and went online in January 2024.
The company’s main competitive advantage is vertical integration. By developing chips, control electronics, operating software, cloud delivery, and application tools in-house, Origin Quantum aligns closely with China’s policy emphasis on domestic technology self-sufficiency. Its Hefei base also places it near important Chinese quantum research networks linked to USTC and CAS-related talent pools.
Market position is strongest in China. Origin Quantum presents itself as a leader in the domestic quantum-computing industry and one of the more visible private Chinese companies offering cloud-accessible superconducting quantum systems. The launch of Wukong 180 moves its public roadmap into the 100-qubit-plus superconducting category, which strengthens its profile with researchers, developers, government-linked users, and early enterprise customers.
Direct competitors include IBM Quantum, Rigetti Computing, Google Quantum AI, Quantinuum, IonQ, IQM, Oxford Quantum Circuits, and Chinese state-linked or research systems such as Zuchongzhi from USTC and related institutions. Rigetti is the closest public US peer in superconducting quantum computing, while IBM is the larger global reference point for cloud-accessible superconducting quantum systems and developer ecosystems.
Origin Quantum’s market standing is harder to verify than that of listed peers because it lacks audited commercial metrics and standardized public benchmarking. The company claims Wukong 180 has key performance metrics comparable with leading international superconducting systems, but independent comparisons remain difficult because quantum modalities, test methods, workloads, and error measures differ across providers. For investors, Origin Quantum is best viewed as a strategically important Chinese quantum platform company with rising technical visibility, but with limited transparency on revenue scale, margins, customer traction, and path to commercial profitability.
China is Origin Quantum’s core market and strategic base. The company is headquartered in Hefei, Anhui, and its business is built around domestic quantum chips, control systems, operating software, cloud access, and application tools. As a private company, it does not disclose China revenue, market share, customer counts, or Q1 2026 financial results. Its latest major update was the May 2026 launch of OriginQ Wukong 180, a fourth-generation superconducting quantum computer offered through cloud access with 180 computational qubits and 251 coupling qubits. Origin Quantum’s local strategy centers on full-stack self-sufficiency, developer training, education use, research projects, and early industry pilots in areas such as chemistry, finance, AI, smart grid, and cybersecurity. Key competitors include Chinese state-linked quantum systems and global peers such as IBM Quantum, Google Quantum AI, Rigetti, IonQ, Quantinuum, and IQM.
Origin Quantum’s growth story is led by technical progress rather than disclosed financial performance. As a private company, it does not publish quarterly revenue, profit, cash flow, backlog, or Q1 2026 financial results. The most important recent turning point was the May 2026 launch of OriginQ Wukong 180, its fourth-generation superconducting quantum computer. The system was described as cloud-accessible for global users and includes 180 computational qubits, 251 coupling qubits, average T1 coherence time of 40 μs, average T2 Echo coherence time of 20 μs, 99.90% average single-qubit gate fidelity, 99.00% average two-qubit gate fidelity, and 99.00% average readout fidelity. This marks a step up from the earlier 72-qubit Origin Wukong system that went online in January 2024.
Origin Quantum’s future depends on whether it converts hardware milestones and cloud access into recurring commercial usage. Wukong 180 improves its visibility and supports the company’s claim to a stronger domestic position in superconducting quantum computing. The next phase is less about qubit count alone and more about reliability, error mitigation, software depth, developer adoption, and evidence that customers will pay for useful workloads at scale.
This Company Profile was written by Dominik Diemer
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