marketNovember 5, 2026
IQM Receives €42.2M in Orders for Quantum Computers
Finland's IQM Quantum Computers reported new orders worth €42.2 million in the third quarter of 2026. The largest was a €33 million contract with the Finnish CSC center for a Halocene quantum system intended for developing error-correction technology.
The company's revenue rose 51% year over year to €8.9 million, while its backlog of unfulfilled orders reached €102.5 million.
In total, IQM has sold 31 quantum computers over its lifetime, 17 of which have already been delivered to customers.