IQM Quantum Computers announced plans to significantly expand its state-of-the-art production facility in Espoo, Finland, with an investment of more than €40 million. The initiative will enhance the company’s capacity to produce advanced quantum chips and full-stack quantum computer systems while accelerating progress toward large-scale, error-corrected quantum computing.
The upgraded facility will nearly double the available cleanroom space and support an advanced integrated quantum computer production line featuring both chip fabrication and system assembly. Once completed, the expansion will enable the company to manufacture up to 30 quantum computers per year. IQM expects the project to be completed by the first quarter of 2026.
This investment follows the company’s recent Series B fundraise of more than $300 million and represents a major step in IQM’s long-term technology roadmap, which targets the development of one million qubit quantum computers by 2033. The expanded facility will span 8,000 square meters and include enhancements to the company’s cleanroom and quantum data center infrastructure, enabling accelerated development, fabrication, and testing of quantum processing units as well as integrated assembly of full systems.
IQM plans to deploy new cleanroom equipment that will advance its path toward fault-tolerant quantum computing by 2030. The expansion also supports the company’s broader commitment to scaling data center capacity globally, strengthening its quantum supply chain and aligning with key European Union initiatives aimed at increasing technological sovereignty and competitiveness.
As part of its sustainability strategy, IQM is taking steps toward operating a carbon-neutral facility. The company will install an abatement system to reduce direct emissions from production and transition to fully renewable district heating.
The investment is expected to enhance Europe’s capacity for quantum chip manufacturing and quality control, supporting research and innovation across the region while meeting the growing demand for high-performance quantum systems.
KEY QUOTES:
“This will be one of the world’s most advanced production facility for quantum computers combining assembly lines and chip production. This approach will enable us to scale up in critical areas which are essential to deliver quality, quantity, and stable, advanced solutions to the market.”
“The expansion is an important step to deliver next-generation quantum computers to serve our customers and also make a remarkable impact.”
Pasi Kivinen, Vice President of Operations, IQM Quantum Computers
“By enhancing our fabrication capabilities to produce large-scale quantum chips for error-correction technology, we will not only better serve our customers but also reinforce our leadership in superconducting quantum computing.”
Jan Goetz, Co-CEO and Co-founder of IQM