Latest news with #superconducting
Sustainability Times
4 days ago
- Business
- Sustainability Times
'U.S. Delivers a Monster': 60-Foot Superconducting Magnet Sent to France to Power the Heart of the ITER Fusion Reactor
Illustration of an 18-meter-tall superconducting magnet central to the ITER fusion project. Image generated by AI.
National Post
20-05-2025
- Business
- National Post
IQM to Deliver World-leading 300-qubit Quantum Computer to Finland
Article content IQM will deliver two IQM Radiance quantum computers to VTT in Finland: first a 150-qubit computer in 2026 and a 300-qubit computer in 2027. The 300-qubit system is powered by two superconducting 150-qubit quantum processors. The quantum computers will be specifically designed to serve as testbeds for quantum error correction (QEC) to enable research and development for fault-tolerant quantum computers. The two quantum computers will be integrated with the Finnish HPC infrastructure. Article content Article content ESPOO, Finland — IQM Quantum Computers, a global leader in superconducting quantum computers, announced today the signing of an agreement with VTT Technical Research Centre in Finland to deliver a 150-qubit and a 300-qubit quantum computer. The systems will be delivered in 2026 and 2027 and integrated with the Finnish HPC infrastructure. Article content The 300-qubit quantum computer is purpose-built and designed to support quantum error correction experiments an essential step toward fault-tolerant quantum computing. The system is expected to enable algorithm research for techniques such as circuit knitting. Article content IQM has previously delivered 5-qubit, 20-qubit, and 50-qubit quantum computers to VTT, marking key milestones in the development of Finland's quantum ecosystem. Each system has played a crucial role in advancing research capabilities and supporting the growing needs of the quantum community in Finland. Article content 'We are excited to continue our long-term partnership with VTT and ship our next generation of quantum computers to power Finland's quantum ecosystem,' says Mikko Välimäki, Co-CEO of IQM Quantum Computers. 'We are committed to delivering and deploying full-stack quantum computers worldwide, and Finland will get our highest performing quantum computer to date as the next step on our common journey to reach fault-tolerant quantum computing,' he continues. Article content 'This 300-qubit superconducting quantum computer has the most superconducting qubits procured anywhere in the world. In addition, the delivery schedule is quick,' says Piia Konstari, Project Manager for VTT's quantum computer tendering process. Article content IQM has sold and shipped more on-premises quantum computers in the last 12 months than any other quantum computer manufacturer, while its systems have been deployed by various universities and HPC centers globally. Article content The company's approach is to power local quantum ecosystems with an open and transparent hardware and software platform. In addition, IQM on-premises users will get hands-on access to system hardware and software platforms including pulse-level access to control the qubits. Article content 'This announcement highlights our commitment to deliver on our published development roadmap. The quantum computers will benefit from our strong technology stack including tunable couplers, HPC integration, and an open software stack. Our goal is to allow researchers and developers to start experimenting with the latest quantum error correction technologies and show groundbreaking quantum utility with these computers,' says Jan Goetz, IQM's Co-CEO and Co-founder. Article content IQM is a global leader in superconducting quantum computers. IQM provides both on-premises full-stack quantum computers and a cloud platform to access its computers. IQM customers include the leading high-performance computing centres, research labs, universities and enterprises which have full access to IQM's software and hardware. IQM has over 300 employees with headquarters in Finland and a global presence in France, Germany, Italy, Japan, Poland, Spain, Singapore, South Korea and the United States. Article content VTT is a visionary research, development and innovation partner. We drive sustainable growth and tackle the biggest global challenges of our time and turn them into growth opportunities. We go beyond the obvious to help the society and companies to grow through technological innovations. We have over 80 years of experience of top-level research and science-based results. VTT is at the sweet spot where innovation and business come together. VTT – beyond the obvious. Article content Article content Article content Article content Article content Contacts Article content Article content Article content
Yahoo
20-05-2025
- Business
- Yahoo
IQM Quantum Computers to supply Finland with a world-leading superconducting 300-qubit quantum computer
ESPOO, Finland, May 20, 2025 /PRNewswire/ -- IQM Quantum Computers has won VTT's innovation partner tender for the delivery of a 300-qubit superconducting quantum computer. The signed agreement is an excellent match with the project's main objective of putting Finland at the forefront of quantum computing development, as well as in the development and use of quantum computing in Finnish society. In addition, the innovation partners are developing new hardware components for future quantum computers, as well as strengthening Finland's unique expertise in material modelling through quantum computing. The winning tender was from IQM Quantum Computers, whose bid was an excellent match with the strategic objectives of the project, the quantum computing performance requirements, as well as schedule requirements. The joint development project now signed will deliver a 150-qubit superconducting quantum computer in mid-2026 and a 300-qubit one in late 2027. The quantum computers will be integrated into the Finnish high-performance computing infrastructure to promote hybrid computing. "This 300-qubit superconducting quantum computer has most superconducting qubits procured anywhere in the world. In addition, the delivery schedule is quick," says Piia Konstari, Project Manager for VTT's quantum computer tendering process. The deliveries will put Finland at the absolute forefront in both Europe and globally in terms of quantum computing capabilities. The delivery also includes a cloud platform for businesses and university researchers to access the quantum computers, and a two-year maintenance contract after the completion of the project. "We are excited to continue our long-term partnership with VTT and ship our next generation of quantum computers to power Finland's quantum ecosystem," says Mikko Välimäki, Co-CEO of IQM Quantum Computers. "We are committed to delivering and deploying full-stack quantum computers worldwide, and Finland will get our highest performing quantum computer to date as the next step on our common journey to reach fault-tolerant quantum computing," he continues. As VTT wants to promote the development and application of quantum computing in Finland, the project includes quantum computing time, which will be granted to companies and universities. VTT will grant limited free quantum computing time to qualifying applications. "VTT's main task is to promote the development of the Finnish society. "We believe that a low threshold for use will accelerate the ability of companies and universities to research and develop applications for quantum computing. This will be a key competitive asset for Finland in the near future," says Erja Turunen, Executive Vice President, Digital Technologies at VTT. "During the project, we will develop new devices and fabrication processes for next-generation quantum computers to ensure Finland's leadership position in critical technologies," says Pekka Pursula, Director, Microelectronics and Quantum Research at VTT. The innovation partnership now starting will also investigate how to optimise quantum computers for the computational methods and algorithms needed in material modelling. Finland has world-leading expertise in material modelling, and by strengthening and combining this with quantum computing, we can build a global competitive advantage. VTT was awarded a special government grant of EUR 70 million in 2024 for the development of a 300-qubit quantum computer. The search for an innovation partner started in June 2024, applications for participation were received in early August and negotiations took place throughout the rest of the year. VTT received the final bids in January 2025, and the supplier was selected in March 2025. The signed contract is valid until the end of 2027. Further informationPiia Konstari, Project Manager for VTT's quantum computer tendering process, VTT Director, Microfabrication tel. +358 50 576 3706 Further information on VTT:Paula Bergqvist, Communications Manager+358 20 722 5161, About VTT Technical Research Centre of Finland Ltd VTT is a visionary research, development and innovation partner. We drive sustainable growth and tackle the biggest global challenges of our time and turn them into growth opportunities. We go beyond the obvious to help the society and companies to grow through technological innovations. We have over 80 years of experience of top-level research and science-based results. VTT is at the sweet spot where innovation and business come together. VTT - beyond the obvious About IQM Quantum Computers IQM is a global leader in superconducting quantum computers. IQM provides both on-premises full-stack quantum computers and a cloud platform to access its computers. IQM customers include the leading high-performance computing centres, research labs, universities and enterprises which have full access to IQM's software and hardware. IQM has over 300 employees with headquarters in Finland and a global presence in France, Germany, Italy, Japan, Poland, Spain, Singapore, South Korea and the United States. This information was brought to you by Cision View original content: SOURCE VTT Info
National Post
13-05-2025
- Business
- National Post
IQM's First Quantum Computer in Asia-Pacific Goes Online, Set to Open Office in Seoul
Article content The expansion builds on IQM's first quantum computer in the Asia-Pacific region (APAC) installed at Chungbuk National University (CBNU) in South Korea. This marks a remarkable milestone by IQM for delivering and installing the system at CBNU in four months. In fostering growth and innovation in key markets, IQM aims to advance quantum technology in Korea through collaboration with key players. With the appointment of Youngsim Kim, as country manager, the Seoul office will open in June 2025, making it IQM's second office in APAC after Singapore. Article content Article content SEOUL, South Korea — IQM Quantum Computers, a global leader in superconducting quantum computers, has announced expanding its presence in Asia-Pacific with a new office opening in South Korea in June 2025, following the installation of its first quantum system at Chungbuk National University (CBNU). Article content The office in Seoul reinforces IQM's dedication to collaborating with research and academic institutions, high-performance computing (HPC) centers, and enterprises in advancing quantum technology. It also supports South Korea in building a vibrant quantum ecosystem and achieving the goals of its national quantum strategy. Article content As part of the expansion, IQM has appointed Youngsim Kim as a Country Manager for South Korea. 'We are excited to welcome Youngsim, and with a wealth of quantum knowledge, leadership experience and regional expertise, we are confident she will drive our growth and strategic initiatives in Korea,' said Mikko Välimäki, Co-CEO of IQM Quantum Computers. Kim has over a decade of experience in various industries and a track record in sales, business transformations and change, and people leadership. Article content 'I am particularly impressed with IQM's innovative technology approach and strategic focus on its global expansion. I am eager to contribute to the company's growth by driving new business opportunities and supporting customers,' she stated. Article content This expansion builds on IQM's delivery of IQM Spark, a 5-qubit superconducting on-premises quantum computer at Chungbuk National University, marking a significant achievement for the company in deploying the system within four months. Article content Cho Young-chul, Head of Chungbuk National University's Industry-Academic Cooperation Foundation, said, 'We hope that it will serve as a bridgehead to strengthen the competitiveness of future industries by carrying out practical R&D and spreading academic results using quantum computers,' adding, 'We will integrate quantum computing with various fields to support the development of talented people and the leading development of the quantum industry in Chungbuk.' Article content 'This latest deployment and record lead time further cements our role as a global leader in accelerating the adoption of quantum computing by making quantum computers more open, accessible and practical for researchers and university students worldwide,' added Välimäki. Article content IQM is a global leader in superconducting quantum computers. IQM provides both on-premises full-stack quantum computers and a cloud platform to access its computers. IQM customers include the leading high-performance computing centres, research labs, universities and enterprises which have full access to IQM's software and hardware. IQM has over 300 employees with headquarters in Finland and a global presence in France, Germany, Italy, Japan, Poland, Spain, Singapore, South Korea and the United States. Article content Article content Article content Article content Article content Article content
Yahoo
13-05-2025
- Business
- Yahoo
IQM's First Quantum Computer in Asia-Pacific Goes Online, Set to Open Office in Seoul
The expansion builds on IQM's first quantum computer in the Asia-Pacific region (APAC) installed at Chungbuk National University (CBNU) in South Korea. This marks a remarkable milestone by IQM for delivering and installing the system at CBNU in four months. In fostering growth and innovation in key markets, IQM aims to advance quantum technology in Korea through collaboration with key players. With the appointment of Youngsim Kim, as country manager, the Seoul office will open in June 2025, making it IQM's second office in APAC after Singapore. SEOUL, South Korea, May 13, 2025--(BUSINESS WIRE)--IQM Quantum Computers, a global leader in superconducting quantum computers, has announced expanding its presence in Asia-Pacific with a new office opening in South Korea in June 2025, following the installation of its first quantum system at Chungbuk National University (CBNU). The office in Seoul reinforces IQM's dedication to collaborating with research and academic institutions, high-performance computing (HPC) centers, and enterprises in advancing quantum technology. It also supports South Korea in building a vibrant quantum ecosystem and achieving the goals of its national quantum strategy. As part of the expansion, IQM has appointed Youngsim Kim as a Country Manager for South Korea. "We are excited to welcome Youngsim, and with a wealth of quantum knowledge, leadership experience and regional expertise, we are confident she will drive our growth and strategic initiatives in Korea," said Mikko Välimäki, Co-CEO of IQM Quantum Computers. Kim has over a decade of experience in various industries and a track record in sales, business transformations and change, and people leadership. "I am particularly impressed with IQM's innovative technology approach and strategic focus on its global expansion. I am eager to contribute to the company's growth by driving new business opportunities and supporting customers," she stated. This expansion builds on IQM's delivery of IQM Spark, a 5-qubit superconducting on-premises quantum computer at Chungbuk National University, marking a significant achievement for the company in deploying the system within four months. Cho Young-chul, Head of Chungbuk National University's Industry-Academic Cooperation Foundation, said, "We hope that it will serve as a bridgehead to strengthen the competitiveness of future industries by carrying out practical R&D and spreading academic results using quantum computers," adding, "We will integrate quantum computing with various fields to support the development of talented people and the leading development of the quantum industry in Chungbuk." "This latest deployment and record lead time further cements our role as a global leader in accelerating the adoption of quantum computing by making quantum computers more open, accessible and practical for researchers and university students worldwide," added Välimäki. About IQM Quantum Computers: IQM is a global leader in superconducting quantum computers. IQM provides both on-premises full-stack quantum computers and a cloud platform to access its computers. IQM customers include the leading high-performance computing centres, research labs, universities and enterprises which have full access to IQM's software and hardware. IQM has over 300 employees with headquarters in Finland and a global presence in France, Germany, Italy, Japan, Poland, Spain, Singapore, South Korea and the United States. View source version on Contacts Media contact: Email: press@ Mobile: + Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
