Last Updated -
June 16, 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 privately held Chinese quantum-computing company founded in 2017 and headquartered in the Hefei High-Tech Zone in Anhui. The company develops superconducting quantum computers, a type of quantum system that uses ultra-cold electrical circuits to process information through qubits rather than conventional binary bits. Its roots are tied to the CAS Key Laboratory of Quantum Information, and its business spans quantum chips, control and readout systems, dilution-refrigerator-related hardware, operating software, cloud access, and application tools.
Origin Quantum has built a vertically integrated product portfolio around the Origin Wukong quantum-computer line, Wukong superconducting chips, the Origin Tianji precision quantum-control system, the Origin SL1000 dilution refrigerator, microwave interconnect modules, and micro-precision laser annealing equipment. Its software layer includes the Origin Pilot quantum operating system, OriginQ Cloud, QPanda3, VQNet, pyqpanda-algorithm, ChemiQ, and QCFD tools for developers and early application work in areas such as finance, artificial intelligence, chemistry, smart grids, education, weather forecasting, and biomedicine. The company’s strategic purpose is to build an independently controllable, full-stack quantum-computing platform from chip fabrication through end-user applications.
As a private company, Origin Quantum does not publish quarterly revenue, profit, cash, or backlog figures, and no Q1 2026 financial reporting is available. Its latest disclosed operating milestone came on May 7, 2026, when it launched OriginQ Wukong 180 for global cloud users, with 180 computational qubits, 251 coupling qubits, 99.90% average single-qubit gate fidelity, 99.00% average two-qubit gate fidelity, and 99.00% average readout fidelity. The previous Wukong generation was reported in January 2025 to have completed more than 320,000 quantum-computing tasks in one year for over 18 million users across 139 countries and regions, giving the company notable cloud visibility while commercial revenue scale remains undisclosed.
Origin Quantum is a privately held Chinese quantum-computing company built around a vertically integrated, full-stack model. It develops superconducting quantum chips, quantum computers, control and readout systems, cryogenic and microwave hardware, operating software, developer tools, cloud access and application solutions. Since the company does not publish quarterly financial statements, there are no public Q1 2026 revenue, profit, cash flow or backlog figures. Its latest public operating milestone is the May 2026 launch of OriginQ Wukong 180 for global cloud users.
The business model is based on monetizing multiple layers of the quantum-computing stack rather than relying on a single product line. The company promotes physical quantum machines and enabling hardware, provides cloud access to its quantum systems, and offers software tools and application platforms for developers, researchers and early enterprise users. Public information does not disclose the split between hardware sales, cloud usage, software licensing, service contracts or application projects.
Origin Quantum’s key operating segments are best understood as hardware systems, core components, software platforms, cloud services and industry applications. The company’s most important disclosed system is OriginQ Wukong 180, a fourth-generation superconducting quantum computer announced in May 2026 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.
The company’s main competitive advantage is domestic full-stack coverage in China’s superconducting quantum-computing ecosystem. Origin Quantum claims proprietary “3+3” hardware-software architecture for Wukong 180, spanning chip fabrication through end-user applications. Its Hefei base also places it inside one of China’s main quantum-technology clusters, with access to local engineering talent, policy support and strategic-technology demand.
A second advantage is intellectual-property depth. PatentVest’s August 2025 quantum-computing ranking placed Origin Quantum at No. 2 in its measured table, with 1,326 patent publications and 1,234 patent families. The ranking methodology should be treated with care, but the data supports the view that Origin Quantum has built a large patent position relative to many specialist quantum-computing companies.
Origin Quantum’s market position is strongest in China, where it is one of the country’s leading pure-play quantum-computing hardware companies. Its move from the earlier Wukong generation to Wukong 180 places its disclosed superconducting platform in the 100-plus computational-qubit engineering phase. The company also has global visibility through cloud access, but public usage metrics focus on users and tasks rather than revenue, contract value or paying enterprise adoption.
Direct competitors include global superconducting quantum-computing developers such as IBM, Google, Rigetti and IQM, along with companies using other hardware approaches, including Quantinuum and IonQ in trapped ions, D-Wave in quantum annealing and other emerging neutral-atom, photonic and silicon-spin players. Compared with IBM, Origin Quantum appears more concentrated on China’s domestic technology stack and policy-backed ecosystem, while IBM has broader global enterprise reach, deeper public benchmarking visibility and a larger software and cloud distribution channel.
For private investors, Origin Quantum should be viewed as a strategically important Chinese quantum-computing platform rather than a conventional financial-scale story. Its public profile is defined by technical milestones, full-stack integration, policy relevance and cloud adoption indicators. The main limitation is transparency: revenue scale, margins, cash burn, customer mix and funding runway remain undisclosed.
China is Origin Quantum’s home market and strategic base. The company is headquartered in Hefei High-Tech Zone in Anhui, one of China’s main quantum-technology clusters, and its product strategy centers on domestically controllable superconducting quantum-computing hardware and software. Origin Quantum does not publish quarterly revenue, profit, delivery, or customer figures, so Q1 2026 financial performance is unavailable. The latest disclosed development came on May 7, 2026, when it launched OriginQ Wukong 180 for global cloud users, with 180 computational qubits and company-disclosed gate and readout fidelity metrics. In March 2026, it made Origin Pilot, its quantum-computing operating system, available through its cloud platform. Its local strategy is full-stack integration across chips, control systems, cloud access, operating software, and applications. Domestic competitors include other Chinese quantum-hardware and cloud initiatives, while global benchmarks include IBM, Google, Quantinuum, IonQ, Rigetti, and D-Wave.
Origin Quantum does not publish quarterly financial results, so there are no public Q1 2026 revenue, profit, cash-flow or backlog figures to assess. The latest concrete update is operational and technical rather than financial: on May 7, 2026, the company announced OriginQ Wukong 180, its fourth-generation superconducting quantum computer, available to global cloud users. The system was disclosed with 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.
The main turning point is the move from the prior Wukong generation into a larger 100-plus computational-qubit platform. The earlier Wukong system was reported in January 2025 to have completed more than 320,000 quantum-computing tasks within a year for over 18 million users from 139 countries and regions. Those figures support global platform visibility, although they do not show paying-customer quality, repeat usage or revenue conversion.
Origin Quantum’s future prospects depend on converting technical milestones into commercially meaningful usage. Wukong 180, Origin Pilot and the broader full-stack portfolio give the company a credible platform for China-centered growth and international cloud visibility. The investment case remains difficult to quantify without public financials. A reported 2025 IPO counseling process, if it leads to a listing, would improve disclosure and make the company easier to evaluate. Until then, Origin Quantum should be viewed as a technically important private quantum-computing company with strong domestic positioning, high strategic relevance and substantial commercialization risk.
This Company Profile was written by Dominik Diemer
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