IQM Quantum Computers (IQMX) CMD 2026 summary

Strategic vision and business model

• Focus on delivering best-in-class quantum computers, accelerating quantum adoption, and building a global quantum ecosystem.

• Vertically integrated model with in-house chip design, fabrication, assembly, and software stack.

• Commercial traction includes sales to four of the top 10 global supercomputing centers and a shift toward enterprise customers.

• Over €545 million raised, fully funded post-SPAC to execute roadmap through 2028.

• Developed open, modular cloud platform to accelerate enterprise and developer adoption.

Technology roadmap and innovation

• Consistent delivery on a public roadmap, with a focus on scaling qubit count, processor quality, and error correction.

• Proprietary advances in tunable couplers, high-connectivity architectures, and long-range couplers for efficient error correction.

• Launching the Halocene platform in 2025, targeting fully error-corrected quantum computing.

• Achieved >99.9% gate fidelity and developed proprietary architectures for scalable, error-corrected quantum computing.

• Open, modular software stack with pulse-level control, supporting both cloud and on-prem deployments.

Market adoption and customer engagement

• Customers span academia, sovereigns, and enterprises, with growing visibility and adoption across all segments.

• Cloud services used for customer validation and education, with expectations for rapid growth as commercial use cases emerge.

• Typical supercomputing center upgrade cycle is 3–4 years, with some customers upgrading faster due to rapid tech progress.

• Flexible pricing models tailored to customer needs, with scaling effects expected as systems grow in size.

• Emphasis on co-development, open IP policies for applications, and strong post-sales support.