IQM Invests Over €40 Million to Expand Finland Quantum Computer Production

IQM Quantum Computers is investing over €40 million to expand its Finland-based production facility, accelerating the development and fabrication of advanced quantum processing units. This expansion will nearly double cleanroom space and system assembly line capacity, enabling the production of up to 30 quantum computers annually. The integrated production line will combine quantum chip fabrication and system assembly, positioning IQM to deliver scalable, error-corrected quantum systems and reinforcing its leadership in superconducting quantum computing, with completion expected by the first quarter of 2026. This strategic investment supports a long-term roadmap aiming for 1 million quantum computers by 2033.

Facility Expansion for Quantum Computer Production

IQM is investing over €40 million to expand its Finland production facility, focused on creating advanced quantum chips for error-corrected quantum computers. This expansion will nearly double the cleanroom space and system assembly line capacity, enabling the production of up to 30 quantum computers annually. Completion of the expanded facility, spanning 8,000 square meters, is expected by the first quarter of 2026, supporting both increased demand and ongoing research and development.

The expanded facility aims to integrate quantum chip fabrication with system assembly, creating one of the world’s most advanced production lines of its kind. This strategic investment builds upon a recent over $300 million Series B fundraise and supports IQM’s long-term roadmap, targeting 1 million quantum computers by 2033. The investment will enable progress towards fault-tolerant quantum computing by 2030, strengthening the quantum supply chain in Finland and Europe.

IQM is also prioritizing sustainability within the expanded facility. Plans include installing an abatement system to reduce direct emissions from production and transitioning to 100% renewable district heating. This commitment aligns with broader EU initiatives focused on technological sovereignty and global competitiveness in quantum innovation, while delivering quality and stable, advanced solutions to the market.

Advancing Quantum Chip Fabrication and Scalability

IQM is investing over €40 million to expand its Finland production facility, focusing on advancing quantum chip fabrication. This expansion will nearly double cleanroom space and system assembly line capacity, allowing production of up to 30 quantum computers annually. The facility aims to integrate chip fabrication and system assembly into one advanced production line, critical for scaling and delivering quality quantum solutions to the market.

The expansion directly supports IQM’s roadmap toward building a 1 million qubit quantum computer by 2033. Investment in additional cleanroom equipment will facilitate the development of large-scale quantum chips needed for error-corrected quantum computers, with a goal of achieving fault-tolerant computing by 2030. The 8,000 square meter facility will also include a quantum data centre to support these advancements.

This expansion strengthens Europe’s quantum supply chain and aligns with key EU initiatives. By enhancing its ability to fabricate quantum chips, IQM aims to reinforce its leadership in superconducting quantum computing and better serve growing customer demand. The facility’s advancements will focus on delivering stable, advanced solutions and making a significant impact on the field.

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.

Pasi Kivinen, Vice President of Operations at IQM Quantum Computers
Quantum News

Quantum News

As the Official Quantum Dog (or hound) by role is to dig out the latest nuggets of quantum goodness. There is so much happening right now in the field of technology, whether AI or the march of robots. But Quantum occupies a special space. Quite literally a special space. A Hilbert space infact, haha! Here I try to provide some of the news that might be considered breaking news in the Quantum Computing space.

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