Espoo-based IQM Quantum Computers has announced a significant investment in its Finnish production facility. The company uses 40 million euros to expand the current premises to over 8,000 square meters.
The improved facility, expected to be ready by the first quarter of 2026, will almost double IQM’s cleanroom space, and double production capacity. As a result, IQM will be able to answer to its growing demand by manufacturing 30 quantum computers a year.
Recent news about the company include sales deals in, for instance, the US, Finland, Poland, and Italy, along with distribution deals in Taiwan and Japan. In September, IQM made headlines with a Series B fundraise of over 300 million dollars, the biggest quantum funding round to date in Europe and outside of the US. In October, collaboration with NVIDIA was announced.
IQM’s goal is to achieve fault-tolerant quantum computing by 2030. In the new facility, the company can accelerate its production and development of quantum chips for error-corrected quantum computers.
“This will be one of the world’s most advanced production facility for quantum computers combining assembly lines and chip production. This approach will enable us to scale up in critical areas which are essential to deliver quality, quantity, and stable, advanced solutions to the market,” says Pasi Kivinen, Vice President of Operations at IQM Quantum Computers, in IQM’s press release.
Photo: Levi Vepsä
