
IQM Selected to Deliver Two Advanced Quantum Computers as Part of Euro-Q-Exa Hybrid System
16.10.2024 08:58:00 CEST | Business Wire | Press release
The EuroHPC Joint Undertaking (EuroHPC JU) has signed a purchase agreement with IQM Quantum Computers (IQM), a global leader in designing, building, and selling superconducting quantum computers. Under the agreement, IQM will deliver two advanced Radiance quantum systems of 54 qubits and 150 qubits in the second half of 2025 and by the end of 2026, respectively.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241016041576/en/
IQM Quantum Computer (Photo: Business Wire)
The two distinct systems, featuring high-quality qubits and industry-leading fidelities will play a pivotal role in executing quantum algorithms across a range of application domains.
The systems will be integrated into the high-performance computing infrastructure at the Leibniz Supercomputing Centre (LRZ) of the Bavarian Academy of Sciences and Humanities in Germany and will be accessed by scientists, researchers and European end-users from industry across Europe allowing to utilize fully hybrid HPC-QC workflows developed as part of the Munich Quantum Software Stack (MQSS).
LRZ is one of currently six European sites to operate and further develop hybrid supercomputers, accelerated by quantum technologies for EuroHPC JU. Starting in spring 2025, this system will be made available to the European research community as a first step - a strategic opportunity that contributed to the EuroHPC JU selecting LRZ.
This early availability will help bridge the development and installation phases of the Euro-Q-Exa systems and its components, ensuring researchers can access quantum technology as soon as possible. The EuroHPC JU and its national co-investors are committed to positioning Europe as a pioneer in developing market-ready quantum hardware and software.
In the summer of 2024, LRZ and IQM launched Germany’s first hybrid HPC-quantum computer, equipped with a 20-qubit processor. This collaboration will further unlock new possibilities in quantum computing innovation.
“The contract for the acquisition of the European quantum system Euro-Q-Exa at the Leibniz Supercomputing Centre in Garching secures the Free State of Bavaria, a leading position in Europe. Thanks to the cooperation with the pioneering quantum startup IQM, we are helping to build the European infrastructure. Here in Bavaria, we will test and further develop the practical applications of quantum computing. It is crucial that we are involved when it comes to one of the most promising technologies of the future. 54 qubits doesn't sound like much, but it is the gateway to a whole new universe. In the future, researchers will be able to provide answers to previously unsolvable questions. I congratulate LRZ and IQM on their success in the Champions League of quantum computing,” said Markus Blume, Bavarian State Minister for Science and the Arts.
“Since our inception, we have proven not only our technical capabilities to deliver but also shown numerous advantages of integrating quantum computing with HPC resources,” said Dr. Jan Goetz, Co-CEO at IQM Quantum Computers. "The collaborative efforts across Europe to integrate quantum computing into HPC centres are remarkable and perfectly aligned with our technology strategy. As we continue to meet the accelerating needs of our customers globally, we are excited to deploy our advanced systems at LRZ, driving scientific breakthroughs, fostering R&D, and creating new opportunities for industrial innovation in Germany and across Europe.”
“We are very proud to be able to build the foundation of a European quantum ecosystem with Euro-Q-Exa. At the LRZ, quantum computing is being made available to users in order to gain new insights in research. The collaboration in Europe and with our partner IQM makes this step possible and allows us to continue working at the forefront of global quantum computing development,” said Prof. Dr Dieter Kranzlmüller, Chairman of the Board of Directors of the Leibniz Supercomputing Centre.
For more details on hybrid systems procured by EuroHPC JU see their latest press release: https://eurohpc-ju.europa.eu/signature-procurement-contract-eurohpc-quantum-computer-located-germany-2024-10-15_en
About the EuroHPC Joint Undertaking
EuroHPC-JU is a legal and financial entity established in 2018, which signed agreements with six data centres in Europe in June 2023 to host and operate EuroHPC-JU hybrid quantum computers. The aim is to establish different platforms for quantum computing and hybrid quantum architectures, and to make them available as soon as possible to end-users from all over Europe. The planned integration of quantum systems into classical HPC structures also requires dedicated research and development on a hybrid software stack that manages both HPC and quantum computing (QC) workloads. During the integration work, all sites will work closely with European standardisation bodies. https://eurohpc-ju.europa.eu/index_en
About IQM Quantum Computers:
IQM is a global leader in designing, building, and selling superconducting quantum computers. IQM provides both on-premises full-stack quantum computers and a cloud platform to access its computers anywhere in the world. 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 280 employees with offices in Espoo, Madrid, Munich, Paris, Palo Alto, Singapore and Warsaw.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241016041576/en/
Contacts
Media:
Email: press@meetiqm.com
Mobile: +358504790845
www.meetiqm.com -
https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Feuc-word-edit.
officeapps.live.com%2Fwe%2Fwordeditorframe.aspx%3Fui%3Den-US%26rs%3Dfi-FI%26wopi
src%3Dhttps%253A%252F%252Fmeetiqm.sharepoint.com%252Fsites%252FBusDevPublicAffai
rs%252F_vti_bin%252Fwopi.ashx%252Ffiles%252F58ae32dd65074dc3989982ec21ac3a92%26w
denableroaming%3D1%26mscc%3D1%26hid%3D01BB51A1-A0D5-9000-E957-8F42BFE0E568.0%26u
ih%3Dsharepointcom%26wdlcid%3Den-US%26jsapi%3D1%26jsapiver%3Dv2%26corrid%3Dcd15d
282-01fe-e5e6-7c32-fcae0f352a0c%26usid%3Dcd15d282-01fe-e5e6-7c32-fcae0f352a0c%26
newsession%3D1%26sftc%3D1%26uihit%3Ddocaspx%26muv%3D1%26cac%3D1%26sams%3D1%26mtf
%3D1%26sfp%3D1%26sdp%3D1%26hch%3D1%26hwfh%3D1%26dchat%3D1%26sc%3D%257B%2522pmo%2
522%253A%2522https%253A%252F%252Fmeetiqm.sharepoint.com%2522%252C%2522pmshare%25
22%253Atrue%257D%26ctp%3DLeastProtected%26rct%3DNormal%26wdorigin%3DOther%26inst
antedit%3D1%26wopicomplete%3D1%26wdredirectionreason%3DUnified_SingleFlush&eshee
t=54136815&newsitemid=20241016041576&lan=en-US&anchor=www.meetiqm.com&index=4&md
5=b4cb25450f627129f5146ad8b6d0f026
About Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London
+44 20 7626 1982http://www.businesswire.co.uk
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
H.I.G. Capital Announces the Sale of DGS S.p.A.11.6.2024 12:00:00 CEST | Press release
H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $62 billion of capital under management, is pleased to announce that an affiliate has signed a definitive agreement to sell its portfolio company, DGS S.p.A. (“DGS” or the “Group”), a leading firm in the Italian Information Technology market, to DGS Co-Founders and management team in partnership with ICG, a global alternative asset manager. Since its inception in 1997, DGShas supported blue-chip customers in the design, integration, and maintenance of complex IT systems, with a specialization in digital transformation and cybersecurity services. The Group currently has over 1,900 employees, revenues of approximately €300 million, and maintains a group of highly loyal clientele. During H.I.G.’s ownership, DGS has tripled in size and consolidated its position as a leading Italian firm in cybersecurity services and digital transformation. DGS offers its clients sophisticated and proprietary digital transformation
Evertas Names Nick Selby Head of European Underwriting11.6.2024 12:00:00 CEST | Press release
Evertas, the world’s first crypto insurance company, has named Nick Selby as its new Head of European Underwriting. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611141887/en/ Nick Selby, Executive Vice President and Head of European Underwriting at Evertas (Photo: Business Wire) Selby, an accomplished information and physical security professional, brings two decades of expertise in public and private sector information security, physical security, and complex incident handling, as well as seven years of experience leading teams securing billions of dollars in cryptoassets. Previously, his roles included VP of the Software Assurance Practice at Trail of Bits, Chief Security Officer at Paxos Trust Company, and Director of Cyber Intelligence and Investigations at the NYPD Intelligence Bureau. “Nick is an extremely valuable addition to our European team,” said Evertas CEO and Co-Founder J. Gdanski. “His public and private
Owlet utvider globalt fotavtrykk med lanseringen av medisinsk-sertifisert Dream Sock™ i Storbritannia og over hele Europa11.6.2024 11:00:00 CEST | Pressemelding
Owlet, Inc. («Owlet» or the «Company») (NYSE:OWLT), pioneren innen smart spedbarnsovervåking, kunngjør i dag den britiske og europeiske lanseringen av Dream Sock. Dette er en smart babymonitor med levende helseavlesninger og varsler for friske spedbarn mellom 0-18 måneder og 2,5-13,6 kg. Dette innovative medisinske utstyret gir foreldre helse og viktig informasjon i sanntid, noe som gir uovertruffen trygghet. Denne pressemeldingen inneholder multimedia. Se hele pressemeldingen her: https://www.businesswire.com/news/home/20240611820341/no/ (Photo: Business Wire) «Vi er svært stolte over å lansere Dream Sock til omsorgspersoner over hele Storbritannia og Europa og gi millioner av foreldre mer trygghet mens babyen sover,» sa Kurt Workman, Owlets administrerende direktør og medgründer. «Dream Sock er nå et globalt produkt som er anerkjent som medisinsk nøyaktig og trygt, etter å ha gjennomgått regulatoriske autorisasjoner og sertifiseringer innenfor flere geografier. I dag er misjonen vår
V-Nova Surpasses 1000 Patent Milestone in Media Technology Innovation11.6.2024 10:00:00 CEST | Press release
V-Nova, a leading provider of data compression solutions, video compression technology, XR technology, AI acceleration and parallel processing for a multitude of industries including media and entertainment, today announced its milestone achievement of 1000 active technology patents. This accomplishment underscores V-Nova’s dedication to research and development and its commitment to protecting its intellectual property globally. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611724561/en/ V-Nova’s patent portfolio spans more than 50 different jurisdictions. Including over 400 patents in Europe, over 200 in the Americas, over 100 in the United States specifically, and over 200 in Asia. V-Nova forged new directions in data processing to enhance digital experiences, maximize efficiency, reduce costs, and increase sustainability. The company leads the way with key international data compression standards for the video indust
Alipay+ Reveals Top Scorer Trophy Design for UEFA EURO 2024™11.6.2024 09:24:00 CEST | Press release
Alipay+, a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International and an Official Partner of UEFA EURO 2024™, today revealed the trophy that will be awarded to the most prolific marksman at the UEFA EURO 2024™ finale on July 14 in Berlin, Germany. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240610328619/en/ The UEFA Top Scorer Trophy presented by Alipay+ is unveiled for UEFA EURO 2024™ (Photo: Business Wire) Sculpted in the shape of the Chinese character “支” (pronounced zhi, and meaning payment as well as support), the trophy reflects Alipay+’s dedication to supporting consumers to enjoy seamless payment and a broad choice of deals using their preferred payment methods while traveling abroad. The character also resembles the fleeting moment of a barefooted striker poised to shoot, evoking the original beauty and power of football – a game that united people across the wo