Finnish quantum startup to supply Israel universities

Finnish quantum startup to supply Israel universities

Business news |
By Peter Clarke

IQM Finland Oy (Espoo, Finland) is providing both Hebrew University of Jerusalem and Bar-Ilan University in Ramat Gan, Israel, with quantum computers.

Research groups at the two universities will conduct experiments using the IQM hardware to advance quantum computing. The initiative also includes testing IQM’s qubit technology.

The three parties are collaborating to develop “full-stack” quantum computers for scientific and commercial purposes in Israel, IQM said.


“We are excited about this new collaboration with IQM and have already measured several consistently high-coherence IQM devices in our lab in Israel. This is just the beginning of a productive and fruitful joint venture,” shared Professor Nadav Katz, director of Hebrew University’s Quantum Information Science Center, in a statement issued by IQM.

How the collaboration would be managed financially was not disclosed.

IQM was founded as a spin-off from Finland’s VTT research institute in 2018 with its quantum computing based on superconducting quantum devices. IQM has grown to more than 140 employees and has also established subsidiaries in Munich (Germany), Bilbao (Spain) and Paris (France).

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