IQM Quantum Computers plans a major expansion in Espoo, Finland, investing over €40 million to accelerate the development, fabrication, and testing of quantum processing units and the assembly of quantum computers.

The integrated production line will merge quantum chip fabrication with system assembly to create a scalable, fault-tolerant quantum computer production capability.

The expansion nearly doubles cleanroom space and increases the assembly line capacity to more than 30 full-stack quantum computers per year, with completion expected in early 2026.

Industry observers say the move could reduce reliance on non-European quantum providers, speed Europe’s adoption of quantum tech, and intensify global competition in quantum hardware.

IQM emphasizes practical, real-world applications across quantum computing, cybersecurity, sensing, and imaging, leveraging its nanophotonic-based quantum entropy technology.

Challenges cited include scaling quantum chips, maintaining precise, low-noise environments, and ongoing talent recruitment to sustain growth.

Leadership notes from Co-CEO and co-founder and from the VP of Operations highlight scalability, market delivery, and Europe’s leadership in superconducting quantum computing.

The expansion is strategically important for Finland, boosting high-tech credentials, attracting researchers and international talent, and creating skilled engineering and physics jobs.

IQM specializes in quantum optics and nanophotonics, offering room-temperature, low-power solutions with minimal environmental constraints.

The company positions its solutions as accessible for industrial deployment, emphasizing room-temperature operation and ease of use.

The broader context frames quantum computers as faster than classical systems and critical for cybersecurity, with EU backing and private funding supporting the sector.

The piece situates quantum computing within a wider push for faster computing and strong cybersecurity.