IQM reaches production milestone of 30 quantum computers
IQM Quantum Computers has produced 30 full stack systems from its factory in Finland and plans a bigger factory in France to drive down costs.
IQM has so far delivered six on-premises quantum computers to customers worldwide from its manufacturing plant in Espoo, Finland, which has a capacity of producing up to 20 quantum computers per year. Scaling production to bring down costs is key.
In the infancy of computing in 1943, TJ Watson, the CEO of IBM, famously said “I think there is a world market for maybe five computers.”
There is increasing demand for on-premises quantum computers globally says IQM. Customers include VTT Technical Research Centre of Finland, Leibniz Supercomputing Centre (LRZ) in Germany as well as Forschungszentrum Jülich in Germany.
IQM plans French quantum computer plant
“One of the key bottlenecks in quantum computer adoption has been prohibitively high prices. We are the first quantum computer manufacturer with the goal of taking quantum computers to a much wider market with industrialized manufacturing capabilities that help drive the prices lower. Looking ahead, our production line has the capacity to deliver up to 20 full-stack quantum computers a year,” said Mikko Välimäki, co-CEO of IQM.
A 5qubit IQM quantum computer installed on-premises currently costs €1m.
The factory covers 5,000 square meters, including a cleanroom area of 560 square meters to produce quantum processing units (QPU). The site also includes a 2,500 square meter assembly line to produce full-stack quantum computers and support research and development activities.
“Our manufacturing capabilities are one of the key differentiators with the rest of the market,” said Tomi Riipinen, IQM’s Vice President for Quantum Systems, and continued: “As a result, we have been able to ramp up our tech roadmap and create the industry’s largest on-premises quantum computer product portfolio for every budget and price point.”
The company plans to build Europe’s first industrial-scale quantum processor production facility in Grenoble, France, to accelerate its tech roadmap and support the growing global demand. The facility is expected to open by 2027.
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