IQM Quantum Computers just unlocked another major step in its global ambitions as the company commits more than €40 million to expand its quantum production facility in Finland. The investment lands only weeks after its unicorn-making Series B round of more than $300 million, giving the company fresh momentum as it races toward large-scale, fault-tolerant quantum machines.
The decision reflects a clear shift inside IQM Quantum Computers. The company is no longer only proving that its technology works. It is gearing up to manufacture quantum systems at a pace the market has never seen. With demand rising across pharmaceuticals, finance, national research labs, and climate modelling, IQM wants to position itself as the place where industrial-grade quantum hardware becomes real.
The expansion adds nearly 8,000 square metres of space to the Finnish site, creating room for a larger cleanroom, more fabrication tools and a dedicated quantum data centre. These upgrades will allow IQM Quantum Computers to move faster from chip design to full-system assembly. The company expects the new setup to double its production output, enabling the manufacturing of more than 30 quantum computers each year. That scale matters because supercomputing centres and enterprise labs now want tested, reliable hardware instead of experimental prototypes.
Inside the new facility, IQM will push deeper into next-generation quantum processing units. It plans to enhance both fabrication and testing, giving its engineers more control over chip quality. Better tools also mean more predictable performance, which is crucial as quantum machines evolve from academic projects into enterprise-grade systems that can be deployed in live environments.
The long-term target is even more ambitious. A significant part of the €40 million investment is focused on accelerating the path to fault-tolerant quantum computing by 2030. Achieving that level of reliability means building processors that can automatically detect and correct their own errors. It’s a milestone that would unlock real commercial adoption across industries where precision and stability are non-negotiable.
This expansion also gives Europe something it has been fighting hard to secure: a resilient quantum supply chain. By keeping chip development and testing inside the region, IQM Quantum Computers strengthens Europe’s ability to compete globally. It also aligns with the EU’s broader quantum strategy, which aims to avoid relying on hardware produced in the U.S. or Asia. As geopolitical tensions rise and access to advanced chips becomes more competitive, local production turns into a strategic advantage.
The project goes beyond technological power. IQM is weaving sustainability into its industrial plan at a time when quantum factories are often energy-heavy facilities. The expanded site will integrate an abatement system to cut emissions that come directly from fabrication processes. It will also transition fully to renewable district heating. With these measures, IQM Quantum Computers hopes to create one of the world’s first carbon-conscious quantum production lines. This focus sets a new standard for an industry that faces increasing scrutiny over energy consumption.
IQM’s rise has been steady since its founding in 2018 by Jan Goetz, Mikko Möttönen, Kuan Yen Tan and Juha Vartiainen. The company has grown into Europe’s leading quantum hardware player and now employs more than 300 people across Finland, Germany, Spain, Singapore and the United States. Its full-stack systems, which combine hardware with cloud access tools, already support research at major supercomputing centres and universities.
The expanded factory marks a shift from building early-stage systems to establishing the infrastructure needed for true industrial-scale quantum production. It aims to provide the reliability, throughput and precision that customers expect from a world-class hardware manufacturer.
IQM’s leadership believes the expansion is the final push needed to deliver consistent, next-generation machines. Pasi Kivinen, Vice President of Operations, said the upgraded site will become one of the world’s most advanced quantum manufacturing environments. He noted that the combined assembly lines and chip-production setup will help IQM Quantum Computers scale faster and deliver more stable systems.
Co-CEO and Co-founder Jan Goetz added that the investment strengthens the company’s position in superconducting quantum computing. By boosting fabrication capabilities, IQM expects to produce the large-scale chips needed for error-correction technologies, pushing its roadmap forward while offering customers higher performance and better reliability.
The expansion reflects a broader shift happening in the quantum world. Investors now want teams that can build real hardware, not just simulations or theory. Companies integrating sustainability into their operations also stand out, especially as the energy debate around AI and high-performance computing intensifies. IQM has created a model that blends industrial readiness, environmental responsibility and scientific progress.
As the new facility comes online, IQM Quantum Computers is positioning itself not just as a leader in Europe but as a global force shaping the next decade of computing. The investment signals confidence that the market is ready for faster production cycles, more powerful processors and sustainable manufacturing practices.
With its expanded footprint, renewed funding and long-term ambition to reach fault-tolerant systems by 2030, IQM is building a blueprint for how quantum hardware companies will operate in the years ahead. The next phase will likely bring more partnerships, more research breakthroughs and more pressure to keep accelerating. But with this expansion, IQM Quantum Computers has made it clear that it intends to lead the race.
