Espoo, Finland, 16th September 2024 – IQM Quantum Computers (IQM), a global leader in designing, building, and selling superconducting quantum computers, today announced that it has reached a milestone of producing 30 full-stack quantum computers in its manufacturing facility in Finland.
In addition, IQM has also completed the delivery and installation of six full-stack quantum computers to customers worldwide. IQM’s previously announced customers include VTT Technical Research Centre of Finland, Leibniz Supercomputing Centre (LRZ) in Germany as well as Forschungszentrum Jülich in Germany.
With increasing demand for on-premises quantum computers globally, IQM Quantum Computers Co-CEO Mikko Välimäki highlighted the significance of the manufacturing milestone, stating:
“One of the key bottlenecks in quantum computer adoption has been prohibitively high prices. We are the first quantum computer manufacturer with the goal of taking quantum computers to a much wider market with industrialised manufacturing capabilities that help drive the prices lower. Looking ahead, our production line has the capacity to deliver up to 20 full-stack quantum computers a year.”
IQM´s production facility spreads over 5,000 square meters, including a cleanroom area of 560 square meters to produce quantum processing units (QPU). The facility also houses a 2,500 square meter assembly line to produce full-stack quantum computers and support research and development activities.
“Our manufacturing capabilities are one of the key differentiators with the rest of the market,” said Tomi Riipinen, IQM’s Vice President for Quantum Systems
and continued: “As a result, we have been able to ramp up our tech roadmap and create the industry’s largest on-premises quantum computer product portfolio for every budget and price point.”
As part of its growth strategy, IQM announced in May 2024 to build Europe’s first industrial-scale quantum processor production facility in Grenoble, France, to accelerate its tech roadmap and support the growing global demand. The facility is expected to open by 2027.
IQM Quantum Computers is a global leader in superconducting quantum computers, delivering full-stack quantum systems and cloud platform access to research institutions, universities, high-performance computing centers, and national laboratories worldwide. IQM’s on-premises deployment model gives customers direct ownership and control of their quantum infrastructure. Founded in 2018, headquartered in Finland, it has over 350 employees. IQM operates across Europe, Asia, and North America. IQM has announced its plans to become the first publicly listed European quantum company on a major U.S. stock exchange by merging with Real Asset Acquisition Corp. (Nasdaq: RAAQ); with a dual listing on the Helsinki Stock Exchange also under consideration.
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