About
IQM Quantum Computers is a European superconducting quantum computing company. It operates systems ranging from 5 to 150 qubits and has deployed on-premises machines in Germany, Finland, and Poland. Total funding exceeds EUR 650M. The company now has 21 quantum systems sold to 13 customers, including 4 of the top 10 supercomputing centers in the world. In February 2026, IQM announced a $1.8B SPAC merger with Real Asset Acquisition Corp, expected to close in June 2026, which would make it the first publicly listed European quantum computing company on Nasdaq, with a dual listing planned in Helsinki. In March 2026, IQM raised an additional EUR 50M from BlackRock to support on-premises quantum expansion. In September 2025 it raised a $320M Series B led by Ten Eleven Ventures, bringing total capital to $600M, alongside a EUR 50M BlackRock debt facility. IQM launched the Halocene product line, on-premises systems focused on quantum error correction with up to 5 logical qubits and 99.7% two-qubit fidelity, and also launched the IQM Resonance cloud service. The company committed to delivering a 300-qubit system to VTT Finland in 2027 for circuit knitting research and invested more than EUR 40M in expanding production in Finland. It delivered an IQM Radiance 54-qubit system to CINECA Bologna in Q4 2025, integrated with the Leonardo supercomputer, and deployed its fourth quantum system in Finland in March 2026. In April 2026, IQM sold its 54-qubit Radiance system to Galaxy Systemy Informatyczne in Poland, the first quantum computer sale to a private enterprise. In February 2026, its Euro-Q-Exa system went operational at the Leibniz Supercomputing Centre in Munich, a 54-qubit superconducting Radiance platform and Europe's first EuroHPC-funded quantum computer, with a 150-qubit upgrade planned for the end of 2026. In March 2026, IQM collaborated with NVIDIA and Zurich Instruments on scalable fault-tolerant quantum computing, and with Kvantify demonstrated a quantum chemist
Quantum Specifications
| Qubit Technology | Superconducting |
| Physical Qubits | 150 |
| 2Q Gate Fidelity | 99.91% |
| Error Correction | Surface-code |
| Quantum Focus | hardware |
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Related News
IQM Systems Support 150–300 Qubit Processors in One Relationship
IQM Named a Major Player in the IDC MarketScape: Worldwide Quantum Computing 2026 Vendor Assessment
IQM Named a Major Player in the IDC MarketScape: Worldwide Quantum Computing 2026 Vendor Assessment - Morningstar
IQM Named a Major Player in the IDC MarketScape: Worldwide Quantum Computing 2026 Vendor Assessment - Business Wire
IQM: Oak Ridge National Laboratory Forecasts 4 Quantum Computing Shifts for 2026
