IQM Unveils Plans for 150-Qubit Quantum Computer

The company plans to initially release a 54-qubit system in 2024, offering early adopters a chance to integrate this technology into their operations and explore its capabilities. It then intends to develop a 150-qubit quantum system by 2025, with an eventual aim of achieving quantum advantage.

IQM is targeting businesses and government agencies with its Radiance range, offering quantum computing capabilities suitable for deployment in high-performance computing and data centers.

“This is the right moment for businesses to invest and harness quantum advantage as early as possible to gain a competitive edge. IQM Radiance enables enterprises to focus on practical use cases, testing applications with substantial business potential,” said IQM CEO and co-founder Jan Goetz.

Goetz added that areas such as machine learning, cybersecurity, energy management, drug research, and carbon capture

Building on the foundations laid by its predecessor, IQM Spark, a 5-qubit system designed for educational and research institutions, Radiance represents a step up in capability.

A significant aspect of IQM's offering is the planned upgrade from a 54-qubit to a 150-qubit system by 2025. This upgrade strategy ensures ongoing support for customers in their journey towards quantum advantage, with the promise of higher performance chips in the future.

IQM's track record includes a successful 20-qubit quantum computer developed for the VTT Technical Research Centre of Finland. The company plans to deliver a 54-qubit system to VTT by the second quarter of 2024.