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IQM Accelerates Quantum Hardware with €40M Expansion

Production Facility Expansion

IQM Quantum Computers plans to invest more than €40 million to expand its production facility in Finland, a move aimed at accelerating development of superconducting quantum systems as global demand for next-generation computing intensifies.

The expansion, announced Tuesday, will scale the company’s capacity to develop, fabricate and test advanced quantum processing units while supporting the assembly of full-stack quantum computers. The investment will add roughly 8,000 square meters to the existing site, including expanded cleanrooms and a quantum data center, doubling IQM’s annual output capacity to more than 30 quantum computers.

The move follows IQM’s recent Series B fundraise of over $300 million and strengthens its roadmap toward delivering fault-tolerant quantum computing by 2030. New cleanroom equipment and additional fabrication tools are expected to support the company’s long-term push to scale quantum hardware and reinforce its position as a European anchor in the global quantum supply chain.

IQM is simultaneously working to reduce the environmental footprint of its operations. The company plans to install an abatement system to cut direct emissions from chip fabrication and transition the facility to 100% renewable district heating as part of a broader effort toward carbon-neutral operations.

“This will be one of the world’s most advanced production facilities for quantum computers, combining assembly lines and chip production,” said Pasi Kivinen, Vice President of Operations at IQM. “This approach will enable us to scale up in critical areas essential to deliver quality, quantity, and stable, advanced solutions to the market. The expansion is an important step to deliver next-generation quantum computers to serve our customers and also make a remarkable impact.”

The investment is also expected to bolster Europe’s strategic positioning in quantum technologies at a time when nations are competing to build sovereign capabilities in advanced computing. The expanded Finnish facility will help the region secure chip manufacturing expertise, quality control infrastructure, and supply-chain resilience—key priorities reflected in EU-level quantum and technology strategies.

“By enhancing our fabrication capabilities to produce large-scale quantum chips for error-correction technology, we will not only better serve our customers but also reinforce our leadership in superconducting quantum computing,” said Jan Goetz, Co-CEO and Co-founder of IQM.

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