Verified Nov 2026
Electronics & Software
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Since 2018
IQM is a Finnish company headquartered in Espoo, Finland, founded in 2018 as a spinout from VTT Technical Research Centre. It builds full-stack superconducting quantum computers, including on-premises systems that customers can own and operate, and serves research institutions, universities, high-performance computing centers, and enterprise customers. The company employs roughly 200 to 500 people. In July 2026, it began trading on Nasdaq following its combination with Real Asset Acquisition Corp.
IQM at a glance
Revenue
$10-50M
Est. band
Employees
200-500
Founded
2018
Industries
Automotive
Plumbing & Hardware
Overview
IQM is a Finnish company headquartered in Espoo, Finland, founded in 2018 as a spinout from VTT Technical Research Centre. It builds full-stack superconducting quantum computers, including on-premises systems that customers can own and operate, and serves research institutions, universities, high-performance computing centers, and enterprise customers. The company employs roughly 200 to 500 people. In July 2026, it began trading on Nasdaq following its combination with Real Asset Acquisition Corp.
At a glance
Attribute | Detail |
|---|---|
Founded | 2018 |
Employees | 200-500 |
Revenue | $10-50M (estimated) |
Primary capability | Electronics & Software |
What IQM makes
IQM's product line includes the Radiance commercial quantum computer, the Spark system for universities and research institutions, the 54-qubit Emerald on-premises system, and the 20-qubit Garnet system available through cloud access.
Products and capabilities described on the company's own site include Assembly, LED (source: iqm.tech).
Latest developments
2026-11-05 — Interim Report for Q3 2026 - 04 Nov 2026 (iqm.tech)
2026-09-17 — IQM to Deliver Its First Quantum Computer in South America to Brazil’s Eldorado Research Institute - 16 Sep 2026 (iqm.tech)
2026-09-10 — LUMI AI Factory Selects IQM's Staged Path to Europe's First Superconducting Quantum Computer With Logical Qubits - 09 Sep 2026 (iqm.tech)
2026-07-02 — IQM Quantum Computers and Real Asset Acquisition Corp. complete the combination; trading in IQM’s ADSs and IQM Warrants on Nasdaq Stock Market LLC commences on July 2, 2026 - IQM Quantum Computers (iqm.tech)
2026-06-02 — IQM, a Global Leader in Quantum Computing, and Real Asset Acquisition Corp. Announce Upsized USD 146 million PIPE with New Commitment from Ilmarinen - IQM Quantum Computers (iqm.tech)
2025-11-14 — IQM to invest over €40 million to expand Finland production facility, accelerate innovation and fuel growth - IQM Quantum Computers (iqm.tech)
Facilities
Public sources reference the following locations:
Company details
IQM's ADSs and warrants began trading on the Nasdaq Stock Market on July 2, 2026, and the company reports having raised more than $600 million in funding. IQM was founded in 2018, and has an estimated 200-500 employees.
Frequently asked questions
What does IQM make?
IQM is a Finnish company headquartered in Espoo, Finland, founded in 2018 as a spinout from VTT Technical Research Centre. It builds full-stack superconducting quantum computers, including on-premises systems that customers can own and operate, and serves research institutions, universities, high-performance computing centers, and enterprise customers. The company employs roughly 200 to 500 people. In July 2026, it began trading on Nasdaq following its combination with Real Asset Acquisition Corp.
When was IQM founded?
IQM was founded in 2018.
How big is IQM?
IQM has an estimated 200-500 employees, with revenue in the $10-50M range (estimated).
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Last verified Nov 2026. Is this your company? Request a correction.
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