IQM Quantum Computers announced a major expansion of its quantum chip production facilities in Espoo, Finland, with an investment exceeding €40 million. The goal is to scale up manufacturing capacity to deliver up to 30 full-stack quantum computers per year by 2026, nearly doubling cleanroom and assembly space and strengthening Europe’s position in the global quantum race.
Key points
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Investment of more than €40 million into IQM’s Espoo production site.
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Target capacity: up to 30 full-stack quantum computers per year after expansion.
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Facility will reach about 8,000 m² and integrate chip fabrication with system assembly lines.
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Part of IQM’s roadmap toward fault-tolerant million-qubit systems by early 2030s.
Background
IQM has emerged as one of Europe’s leading quantum hardware companies, delivering superconducting-qubit systems to universities, supercomputing centers and research labs. The Espoo site already produces 5-, 20- and 50-qubit systems, with targets of 150 qubits by 2026 and ultimately fault-tolerant architectures.
The new investment builds on a previous Series B round of roughly €275 million, and is aligned with the EU’s upcoming Quantum Strategy and the planned EU Quantum Act, which both aim to boost Europe’s industrial quantum capacity.
Why this matters
For the quantum ecosystem, this move is significant because:
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It shifts quantum chips from “lab prototypes” toward industrial-scale production.
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Integrated chip fabrication plus assembly lines in one facility lowers lead times and improves quality control.
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It supports Europe’s ambition to be a sovereign provider of quantum hardware instead of depending on US or Asian manufacturers.
Potential impact
If IQM delivers on its roadmap, Europe will have:
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A high-volume quantum computer manufacturing hub in Finland.
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A platform to explore logical qubits and error-corrected architectures on European soil.
This positions IQM as a key hardware supplier for future quantum-enabled HPC centers, cloud services and national quantum initiatives.