IQM posts 51% revenue rise in Q3 2026; backlog tops €102.5M, cash ample
IQM booked €42.2 million of new orders in Q3 2026. Revenue rose 51% year‑on‑year, while listing‑related costs drove a large operating loss.
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Qblox joins HPE’s quantum–HPC integration initiative; rival Quantum Machines also included
Qblox and HPE will collaborate on developing a classical–quantum hybrid platform, using an integrated testbed to evaluate interoperability and system-level performance.
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IQM generates GHZ state across all 54 qubits; fidelity 0.516 after REM
IQM announced it generated a GHZ state across all 54 qubits of IQM Emerald, with fidelity after readout-error mitigation exceeding the classical threshold.
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2026 Q3 results roundup: nine leading quantum computing firms’ schedules, performance, key takeaways
Quarterly results for six leading quantum-computing companies concentrate in early November 2026. This roundup lists announcement dates for Quantinuum, IQM, QCi, D-Wave, Rigetti and Xanadu, and explains key points to watch such as revenue, orders and cash positions.
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IQM to install Madrid’s first quantum computer, but 5‑qubit Spark’s research and commercial value questioned
An IQM Spark will be installed at the Polytechnic University of Madrid to support universities, hospitals, research centers and startups in accessing a physical quantum device.
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IQM launches company-wide TSR-linked equity compensation, shifts to public-company pay design
IQM has established a performance-linked equity incentive plan through 2032 and a new RSU program to support employee retention and hiring.
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Pasqal posts €4.9M H1 2026 revenue; where it stands vs. public quantum firms
Pasqal’s H1 2026 revenue rose 14% year‑on‑year to €4.9 million. The company also reported deployments of neutral‑atom quantum computers and progress such as a 1,024‑atom register.
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36 quantum computing companies ranked by capability and future prospects (Autumn 2026)
Independent evaluation of 36 quantum industry companies across technology, business results, QEC, manufacturing capability, customers and revenue. The Autumn 2026 edition adds nine firms — including Quantum Machines, Bluefors, Qblox and Riverlane — and analyzes ranking shifts since the summer edition and changing competitive axes in the quantum industry.
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IQM to deliver 5‑qubit Spark to Eldorado in Brazil, its first South American deployment
IQM has signed a delivery contract with Brazil’s Eldorado Research Institute. The IQM Spark will be installed in Q1 2027, and remote access to a 54‑qubit cloud system will also be provided.
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TOYO Corporation to install two IQM quantum computers, placing Radiance 20 at G‑QuAT to support Japan GTM
TOYO Corporation has purchased an additional IQM Spark. Together with the already acquired Radiance 20, the systems will be put into operation from early 2027 and made available to domestic companies, universities, and research institutions.
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IQM to deploy LUMI-IQ at LUMI AI Factory from 2027, targets up to 9 logical qubits by 2029
IQM plans a staged deployment of a quantum computer for the LUMI AI Factory beginning in 2027, aiming to enable real-time quantum error correction and up to 9 logical qubits.
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How foreign quantum vendors sell in Japan: government procurement, trading houses, and PoC
Analyzes the attractions and challenges of the Japanese market from the perspective of foreign quantum vendors, covering government procurement, trading houses, PoC, investments, and M&A as go-to-market strategies.
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IQM reports first post-IPO results: H1 revenue €8.9M, operating loss €60.5M; backlog tops €102.1M
IQM’s H1 2026 revenue was €8.9 million, with an operating loss of €60.5 million. Full-year revenue is forecast at €42–47 million.
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29 quantum computing companies ranked by capability and prospects (Summer 2026)
Qubit counts and funding alone don’t tell the whole story. Quantum Index’s editorial team gave independent 3–5 year outlooks for 29 leading domestic and international quantum-related companies, evaluating technical feasibility, distance to commercialization, revenue, customer base, and more.
