Insider Brief
- IQM Quantum Computers announced the release of its new superconducting quantum computing platform, “IQM Radiance”.
- The goal is to achieve a 150-qubit system that can attain quantum advantage within the next years.
- Critical Quote: “This is the right moment for businesses to invest and harness quantum advantage as early as possible to gain a competitive edge. IQM Radiance allows enterprises to target real-life use cases, testing applications with the most business potential.” — Jan Goetz, CEO and Co-founder of IQM Quantum Computers.
- Image: IQM Quantum Computers
PRESS RELEASE — IQM Quantum Computers (IQM), a global leader in building quantum computers, today unveiled its quantum computing platform, “IQM Radiance”, aiming to pave the way to quantum advantage within the next years with a 150-qubit quantum system.
IQM Radiance offers quantum computing capabilities to businesses and governments and can be deployed in high-performance computing and data centres.
“This is the right moment for businesses to invest and harness quantum advantage as early as possible to gain a competitive edge. IQM Radiance allows enterprises to target real-life use cases, testing applications with the most business potential,” says Dr. Jan Goetz, CEO and Co-founder of IQM Quantum Computers. “High-potential areas include machine learning, cybersecurity, system control, energy grid and route optimisation, drug and chemical research and carbon capture,”
Charting out the path to quantum advantage
IQM Radiance follows the launch of IQM Spark, a quantum computer with a pre-installed 5-qubit quantum processing unit tailored for universities and research institutions for learning and giving users full control of experiments.
Radiance starts as a 54-qubit system, and IQM plans for it to be available in 2024 to provide early adopters with the opportunity to master system operations, integrate systems into existing environments, explore algorithm behaviour, and perform quantum advantage experiments.
In addition, IQM will provide customers the opportunity to upgrade the 54-qubit system to a 150-qubit system in 2025. IQM will continue to support customers on their path to quantum advantage by replacing the initial 150-qubit chips by higher performance chips as soon as these are available. This will enable customers to bring added value to end users for them to solve real-life problems with less computing time, or less power, or by achieving more accurate results, as compared to the best classical device of similar size, weight, and cost.
“Radiance will be an enterprise-graded system for which we are optimistic that it will bring quantum utility to some applications even with a relatively modest number of quality qubits. Through the acquisition of IQM Radiance, businesses will gain a significant head start on practical applications and system integration. Our upgrade path allows early adopters to start with a smaller system while receiving a larger system with a significant leap in computing power later,” explains Dr. Björn Pötter, Head of Product at IQM Quantum Computers.
IQM has already demonstrated its technical capabilities in developing technologies to scale up quantum computers in a successful partnership with institutions such as the VTT Technical Research Centre of Finland, where it delivered a remarkable 20-qubit quantum computer, achieving outstanding results. IQM plans to pilot the delivery of a 54-qubit system to VTT in the second quarter of 2024.
“To meet the needs of our customers, we have a product portfolio with offerings that cover the low- to high-end segment of the market,” adds Pötter.
For more market insights, check out our latest quantum computing news here.
