IQM Quantum computers, a Finland-based company that focuses on building quantum computers have announced the operation of its new fabrication facility built for the research, design, and manufacture of quantum processors. The new facility will help to speed up and improve research and innovation in quantum computing and also help to meet up global demands.
The state-of-the-art fabrication and cryogenic characterization facility which is situated in Espoo, Finland, close to its headquarter and quantum labs is the companies largest investment and will bring about a major expansion in the quantum processor production capacity of IQM
The new facility will accelerate the quantum processor design cycle and increase its microelectronics fabrication capacity to meet global demands from high-performance computing centres, industrial customers, and national quantum programs. Additionally, the facilities will ensure the highest industry-level quality required for quantum computing.
There is a positive hope of extending the pilot line at the facility over the coming months to reach its maximum production capacity by 2022.
In preparation for the massive high-tech employment opportunity that will be created by this new facility, IQM plans to partner with the Finnish and European ecosystems and prepare its workforce for the long-term, high-quality employment and growth opportunities the new facilities will present.
This is another strategic step to strengthen IQM’s position as the category leader for on-premises quantum computers in Europe and provides a strong competitive advantage over other quantum startups.
The new facility at Espoo, Finland is situated in an area of 560 m2 with a capital investment of € 20 Million.
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