IQM Quantum Computers, a Finnish company, has unveiled its quantum computing platform, “IQM Radiance”. The platform comes in two versions: a 54-qubit system available in 2024, and a 150-qubit system available from 2025. The platform is designed for businesses, high-performance computing centres, data centres, and government agencies. It aims to provide quantum computing capabilities for real-life use cases, including machine learning, cybersecurity, energy grid optimisation, and drug research. Dr. Jan Goetz, CEO of IQM, believes this is the right time for businesses to invest in quantum computing to gain a competitive edge.
Quantum Computing Advancements: IQM Radiance
IQM Quantum Computers, a company specialising in building quantum computers, has announced its new quantum computing platform, “IQM Radiance”. The platform is expected to be available in two versions: a 54-qubit system targeted for availability in Q3/2024 and a 150-qubit system targeted from Q1/2025. The 150-qubit system is seen as a stepping-stone towards achieving quantum advantage, focusing on high-quality qubits and gates.
IQM Radiance is designed for a variety of users, including businesses, high-performance computing centres, data centres, and government agencies. The platform aims to offer quantum computing capabilities to these entities, allowing them to harness the potential of quantum computing for real-life use cases.
Quantum Advantage and Real-Life Applications
The company believes that now is the right time for businesses to invest in quantum computing to gain a competitive edge. IQM Radiance allows enterprises to target real-life use cases, testing applications with the most business potential. High-potential areas include machine learning, cybersecurity, system control, energy grid and route optimisation, drug and chemical research, and carbon capture.
The path to quantum advantage is charted out with the launch of IQM Radiance. The platform starts as a 54-qubit system, with plans for it to be available in 2024. This will provide early adopters with the opportunity to master system operations, integrate systems into existing environments, explore algorithm behaviour, and perform quantum advantage experiments.
Upgrading and Scaling Quantum Systems
IQM plans to provide customers with the opportunity to upgrade the 54-qubit system to a 150-qubit system in 2025. The company will continue to support customers on their path to quantum advantage by replacing the initial 150-qubit chips with higher performance chips as soon as these are available. This will enable customers to solve real-life problems with less computing time, or less power, or by achieving more accurate results, as compared to the best classical device of similar size, weight, and cost.
The company is optimistic that even with a relatively modest number of quality qubits, the system will bring quantum utility to some applications. The upgrade path allows early adopters to start with a smaller system while receiving a larger system with a significant leap in computing power later.
Demonstrated Technical Capabilities
IQM has already demonstrated its technical capabilities in developing technologies to scale up quantum computers. The company has had a successful partnership with institutions such as the VTT Technical Research Centre of Finland, where it delivered a 20-qubit quantum computer, achieving outstanding results. IQM plans to pilot the delivery of a 54-qubit system to VTT in the second quarter of 2024.
The company has a product portfolio with offerings that cover the low- to high-end segment of the market. This includes on-premises quantum computers for supercomputing centres and research labs, and application-specific, co-design approach for industrial customers.
IQM Quantum Computers
IQM Quantum Computers is a company that specialises in building quantum computers. The company has over 280 employees with offices in Paris, Madrid, Munich, Singapore, and Espoo. IQM’s commercial quantum computers include Finland’s first commercial 50-qubit quantum computer with VTT, IQM-led consortium’s (Q-Exa) HPC quantum accelerator in Germany, and IQM processors will also be used in the first quantum accelerator in Spain.
“This is the right moment for businesses to invest and harness quantum advantage as early as possible to gain a competitive edge. IQM Radiance allows enterprises to target real-life use cases, testing applications with the most business potential. “High-potential areas include machine learning, cybersecurity, system control, energy grid and route optimisation, drug and chemical research and carbon capture,” says Dr. Jan Goetz, CEO and Co-founder of IQM Quantum Computers.
“Radiance will be an enterprise-graded system for which we are optimistic that it will bring quantum utility to some applications even with a relatively modest number of quality qubits. Through the acquisition of IQM Radiance, businesses will gain a significant head start on practical applications and system integration. Our upgrade path allows early adopters to start with a smaller system while receiving a larger system with a significant leap in computing power later,” explains Dr. Björn Pötter, Head of Product at IQM Quantum Computers.
“To meet the needs of our customers, we have a product portfolio with offerings that cover the low- to high-end segment of the market,” adds Pötter.
Quick Summary
IQM Quantum Computers has unveiled its quantum computing platform, IQM Radiance, which will initially offer a 54-qubit system in 2024, and later a 150-qubit system in 2025. The platform is designed to provide quantum computing capabilities to businesses and government agencies, with potential applications in areas such as machine learning, cybersecurity, and energy grid optimisation.
- IQM Quantum Computers, a Finnish company, has unveiled its quantum computing platform, “IQM Radiance”.
- The platform comes in two versions: a 54-qubit system available from Q3/2024 and a 150-qubit system available from Q1/2025.
- IQM Radiance is designed for businesses, high-performance computing centres, data centres, and government agencies.
- The platform aims to provide quantum computing capabilities to these entities, allowing them to explore high-potential areas such as machine learning, cybersecurity, system control, energy grid and route optimisation, drug and chemical research, and carbon capture.
- IQM Radiance follows the launch of IQM Spark, a 5-qubit quantum computer designed for universities and research institutions.
- IQM plans to allow customers to upgrade the 54-qubit system to a 150-qubit system in 2025, and will continue to support customers by replacing the initial 150-qubit chips with higher performance chips when available.
- IQM has previously demonstrated its capabilities in scaling up quantum computers, delivering a 20-qubit quantum computer to the VTT Technical Research Centre of Finland.
- The company plans to pilot the delivery of a 54-qubit system to VTT in Q2/2024.
- IQM has over 280 employees and offices in Paris, Madrid, Munich, Singapore, and Espoo.
