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LUMI AI Factory Selects IQM's Staged Path to Europe's First Superconducting Quantum Computer With Logical Qubits | IQMX Stock News

StockTitan
Sep 9, 2026 at 11:08 PM
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IQM Quantum Computers announced a multi-year deployment of its Halocene product line to the LUMI AI Factory in Finland, aiming to create Europe's first superconducting quantum computer with logical qubits. Funded by EuroHPC and four nations, the system will be installed in three stages between 2027 and 2029, evolving from physical qubits to fault-tolerant logical operations. This hybrid HPC-AI-quantum platform supports R&D for error-corrected computing.

Multi-year LUMI‑IQ deployment gives European researchers a hybrid AI–HPC–quantum testbed built around IQM’s logical-qubit roadmap.

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  • The upgrade path contains three stages from IQM´s Halocene product line to enable a logical qubit system.
  • The quantum computer, as part of the LUMI AI Factory initiative, is jointly owned by the participating countries of Finland, Czechia, Norway and Poland, and jointly funded by the EuroHPC Joint Undertaking.
  • The system will be installed at CSC – IT Center for Science in Finland and integrated into the LUMI-AI computing environment to form a hybrid HPC, AI, and quantum computing platform.
  • The deployments are in line with IQM’s development roadmap for fault-tolerant quantum computing by 2030.

ESPOO, Finland--(BUSINESS WIRE)--IQM Quantum Computers (Nasdaq: IQMX) today announced its upgrade path for a logical-qubit-capable quantum computer. The deployment to the LUMI AI Factory, led by CSC – IT Center for Science, will support R&D efforts toward fault-tolerant quantum computing and advancements in hybrid computing.

UMI AI Factory selects IQM's staged path to Europe's first superconducting quantum computer with logical qubits

The system, named LUMI-IQ, is an integral part of the wider LUMI AI Factory initiative, and is jointly funded by the EuroHPC Joint Undertaking and the participating countries: Finland, Czechia, Norway, and Poland. LUMI-IQ will be hosted in CSC’s new data center in Kajaani, Finland.

LUMI-IQ will be delivered in three steps: the first installation of an IQM Halocene H4 system in 2027 with 150 physical qubits and early quantum error correction capabilities. The system will be upgraded in 2028 to lower logical error rates and enable real time error correction. The final upgrade is installation of IQM Halocene H5 system in 2029. These upgrades equip the system towards early fault tolerant quantum computing.

After the final upgrade, LUMI-IQ will be capable of fast real time feedback sustaining logical qubits and enabling full logical operations between the qubits, including lattice surgery and T-gate teleportation. With distance 3 surface code and colour code, the system will enable computations with up to 9 logical qubits. Additionally, the is capable encoding logical qubits up to distance 11 with surface code and distance 9 with color code.

Logical qubits created by combining multiple physical qubits through quantum error correction are significantly more stable and reliable than physical qubits alone, making them essential to running the longer, more complex calculations required for real-world quantum applications.

This phased delivery reflects IQM's development roadmap toward fault-tolerant quantum computing, delivering error-corrected systems with high-precision logical qubits. It allows customer a capital efficient way to benefit from IQM´s ambitious error correction roadmap and a continuous integration into their existing compute infrastructure.

“Owning an upgradeable quantum computer let´s CSC and the LUMI AI Factory integrate the system into their own AI and HPC infrastructure. That's what lets a real ecosystem grow: researchers building on infrastructure they control, inside one of the most capable computing environments anywhere,” said Jan Goetz, CEO and Co-founder of IQM Quantum Computers. “That kind of ownership is exactly what Europe needs right now — not just access to quantum computing, but the ability to shape its direction, build local expertise, and push the frontiers of advanced computing.”

The system will be integrated into the LUMI-AI computing environment. Together, LUMI-IQ and LUMI-AI will form a leading hybrid computing platform, enabling workloads that combine HPC, AI, and quantum computing.

This integrated approach is expected to enable new forms of scientific workloads that combine traditional simulation, machine learning, and quantum algorithms — opening new research avenues for European end-users.

“The greatest potential lies in combining the complementary strengths of AI, high-performance computing, and quantum computing. Logical qubits make quantum calculations more reliable, while AI and HPC provide the scale, data processing and orchestration needed around them. The LUMI AI Factory allows European researchers to develop innovative hybrid approaches in a world-class computing environment,” said Kimmo Koski, CEO of CSC – IT Center for Science.

About IQM Quantum Computers

IQM Quantum Computers (Nasdaq: IQMX) is a global leader in superconducting quantum computers, delivering full-stack quantum systems and cloud platform access to enterprises, research institutions, universities, high-performance computing centers, and national laboratories worldwide. IQM's open, modular architecture allows customers to own, operate, and integrate quantum systems directly into their own infrastructure, building lasting technical capability rather than relying solely on remote access. Founded in 2018, IQM is headquartered in Espoo, Finland, with major operations in Munich, Germany, and has sold more quantum systems than any other manufacturer to date. IQM employs over 450 people and operates across Europe, Asia, and North America. IQM is the first publicly listed European quantum company on Nasdaq Stock Market.

About CSC – IT Center for Science

CSC is a Finnish center of expertise in ICT that provides world-class services for research, education, culture, public administration, and enterprises, to help them thrive and benefit society at large. www.csc.fi

LUMI AI Factory:

The LUMI AI Factory is a leading-edge service infrastructure and expert support centre designed to accelerate AI innovation across Europe. The LUMI AI Factory delivers a seamless, open AI solution that integrates world-class supercomputing, high-value data, and top-tier AI expertise. It is the biggest AI Factory of the European Union. www.lumi-ai-factory.eu

View source version on businesswire.com: https://www.businesswire.com/news/home/20260910712470/en/

IQM Media contact:
Email: press@iqm.tech
Mobile: +358 (0) 50 479 0845

Source: IQM

Key Terms

logical qubittechnical

A logical qubit is a single, reliable unit of quantum information created by combining many fragile quantum components so the whole behaves like a stable bit. For investors, logical qubits are a practical measure of progress toward usable quantum computers: more of them (and higher reliability) mean a clearer path from experimental devices to commercial applications, much like how redundant parts in a car or backup drives make a system dependable enough to sell.

quantum error correctiontechnical

Quantum error correction is a set of methods for detecting and fixing mistakes in quantum computers by encoding fragile quantum information across multiple physical parts, much like using multiple copies or checksums to protect a sensitive digital file. For investors, it matters because reliable error correction is a key technical milestone that determines whether quantum machines can scale from experimental devices to practical tools that could disrupt computing, encryption, drug discovery and other industries.

fault-tolerant quantum computingtechnical

Fault-tolerant quantum computing is the ability of a quantum computer to keep producing correct results even when its basic parts make mistakes, by detecting and fixing errors and using redundancy so the machine continues to work reliably. For investors, it matters because fault tolerance is the key to scaling quantum machines from experimental demos into practical, revenue-generating systems—think of it like having backups and automatic repairs that make a prototype road-ready and lower the technology’s commercial and technical risk.

surface codetechnical

A surface code is a method used in quantum computing to detect and correct errors by arranging qubits in a grid where patterns of measurements reveal faults, much like a quilt pattern helping you spot and mend a torn patch. It matters to investors because robust error correction is a key hurdle to building practical, scalable quantum computers; progress or setbacks in surface-code implementations can materially affect a company’s technology roadmap, costs, timelines and competitive position.

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