$IQMX

IQM Quantum Computers (IQMX) will deliver its first quantum computer in South America to Brazil’s Eldorado Research Institute. The IQM Spark system will be installed in Campinas, with access to a 54-qubit cloud-based system. This marks IQM’s entry into the region, aiming to accelerate quantum adoption. Eldorado will use the system for research and collaboration with universities and industry partners. IQM reported a EUR 102 million order backlog in August, with 26 systems sold and 17 delivered g

IQM Quantum Computers (IQMX) announced a three-phase upgrade plan for LUMI-IQ, Europe's first fault-tolerant quantum system, to be housed in Finland's Kajaani data center by 2029. The system will use error correction codes to achieve up to 9 logical qubits, with phases including initial testing, error rate reduction, and full fault-tolerance. The project is co-funded by four nations and owned by them, with IQM supplying the hardware. IQM's research on directional tile codes supports the roadmap'

IQM Quantum Computers (IQMX) will provide a staged upgrade path for Europe's first superconducting quantum computer with logical qubits, named LUMI-IQ, for the LUMI AI Factory. The project, jointly funded by EuroHPC and countries including Finland, Czechia, Norway, and Poland, will be installed at CSC IT Center for Science in Finland. The system will be delivered in three phases, starting with 150 physical qubits in 2027 and culminating in a fault-tolerant quantum computing system by 2029. This

US equities showed mixed after-hours movement. Quantum computing and rare earth stocks rose, with SELLAS (SLS) up 15.37%, IQM (IQMX) up 14.77%, and USA Rare Earth (USAR) up 12.57%. Robinhood (HOOD) gained 13.70%. Crypto miners fell, with Hut 8 (HUT) down 8.79% and Cipher (CIFR) down 8.40%. Alibaba (BABA) dropped 8.57%, and Seabridge Gold (SA) fell 9.35%.

IQM Quantum Computers (NASDAQ:IQMX) reported Q2 revenue of €6.7 million and first-half revenue of €8.9 million, with gross margin of 46%. It posted an operating loss of €30.9 million in Q2 and €60.5 million in H1, citing R&D and listing-related costs. After its July 2 listing, it had €309.4 million cash and reaffirmed 2026 guidance: €65-€75 million order intake and €42-€47 million revenue.

IQM Quantum Computers (Nasdaq: IQMX) reported Q2 2026 results and held an earnings call, describing a growing order backlog and a revenue outlook weighted toward the second half, while continuing investment in superconducting quantum systems for high-performance computing. The company also initiated FY 2026 guidance and had its first earnings as a public company, according to company releases and transcripts.

IQM Quantum Computers (Nasdaq: IQMX) and Deutsche Bahn (via DB Systel) published research showing a hybrid quantum-classical optimization algorithm run end-to-end on IQM’s Emerald quantum processor using real railway scheduling data. The study used 190 trips across five German cities over two days, mapped to an MWIS problem and solved subgraphs with QAOA (p=1).

Radix’s H1 2026 Premiums Report says premium domain registrations rose to 4,424, up 50% year on year and a record for the half. Radix reported 1,229 premium registrations in .tech and 889 in .space, up 34% from H2 2025. The article also notes IQM Quantum Computers listed on Nasdaq as IQMX and used iqm.tech; Radix cited an 84% renewal rate.

IQM Quantum Computers (Nasdaq: IQMX) said it and Deutsche Bahn tested a hybrid quantum-classical scheduling algorithm on IQM hardware using Deutsche Bahn data covering 190 trips across five German cities, or about 98,500 possible cycles. IQM claims the approach works on current hardware and can improve as quantum subproblem size increases.

IQM Quantum Computers (Nasdaq:IQMX) said it won a contract to supply the LUMI AI Factory with a next-generation quantum computer, LUMI-IQ, for installation at CSC’s Finland facility. Delivery is expected in 2027, with a 150-qubit processor and planned upgrades. IQM’s July 1, 2026 prospectus estimates the contract value is about equal to 2025 total revenue.