{"success":true,"data":{"pressRelease":{"id":"83238","rtpr_id":"nBw2JTpQpa","ticker":"IQMX","exchange":"NASDAQ","all_tickers":["IQMX"],"title":"LUMI AI Factory Selects IQM to Deploy Advanced Quantum Computer, Accelerating Hybrid HPC and AI Development","author":"Business Wire","published_at":"2026-07-08T12:00:02.100Z","article_body":"LUMI AI Factory Selects IQM to Deploy Advanced Quantum Computer, Accelerating\nHybrid HPC and AI Development\n\n\n * The Halocene H4 quantum computer, named LUMI-IQ, will be delivered and\ninstalled in 2027\n\n * The system will be hosted at CSC – IT Center for Science in Finland and\nintegrated into the LUMI AI Factory\n\n * The system will provide researchers, industry innovators, and developers\nacross Europe with a unique, advanced experimental platform where quantum\ncomputing and artificial intelligence converge\n\nThe LUMI AI Factory, led by CSC – IT Center for Science, has selected IQM\nQuantum Computers (Nasdaq: IQMX) to deliver IQM Halocene H4, an advanced\nquantum computer aimed at accelerating hybrid high-performance computing,\nartificial intelligence, and quantum computing capabilities.\n\nThis press release features multimedia. View the full release here:\nhttps://www.businesswire.com/news/home/20260708006791/en/\n(https://www.businesswire.com/news/home/20260708006791/en/)\n\nLUMI AI Factory selects IQM to deploy advanced quantum computer, accelerating\nhybrid HPC and AI development\n\nIQM Halocene H4 is the first and most advanced on-premises superconducting\nquantum computer of its kind, combining quantum error correction with NISQ\nqubits. The system will be delivered in 2027, followed by a series of upgrades\ndelivered in multiple phases with an increasing number of logical qubits.\n\nThe IQM Halocene H4 and the upgraded systems will enable LUMI consortium\nusers, for the first time, to develop and implement Quantum Error Correction\n(QEC) concepts on a world-leading system.\n\nThe system will be used in joint R&D efforts towards fault-tolerant\nquantum computing and advancements in hybrid computing. This will support new\ninventions on the critical path to fault-tolerant quantum computing and to\nenable new commercialization opportunities.\n\nThis forward-looking development path ensures that European users can\nexperiment today while preparing for fully scalable quantum platforms\ntomorrow. The system will also provide European end-users with the\nhigh-performance quantum computing resources needed for research and\ninnovation, and for building national know-how and expertise.\n\n\"CSC and the LUMI AI Factory are exactly the kind of partners that define what\nproduction quantum computing looks like in practice — world-class HPC\ninfrastructure, a deep commitment to research excellence, and the ambition to\nlead rather than follow,\" said Jan Goetz, CEO and Co-founder, IQM Quantum\nComputers. \"Delivering IQM Halocene to CSC means Europe's most powerful\nquantum computer will sit at the heart of one of the world's leading research\ncomputing environments. This is a milestone for IQM, CSC, for Finland, and for\nthe European quantum ecosystem.\"\n\nThe system, named LUMI-IQ, will be integrated into the LUMI AI Factory at CSC\n– IT Center for Science, Finland's national center of expertise in\ninformation technology and home to the LUMI supercomputer, one of the world's\nmost powerful supercomputers.\n\nThis integration of quantum technologies with AI and high-performance\ncomputing opens the door to breakthroughs that classical computing alone\ncannot achieve. LUMI-IQ will comprise both hardware and software solutions,\noffering capabilities for research, development, and education.\n\n\"As part of the LUMI AI Factory, LUMI-IQ will bring together world-leading AI,\ndata, high-performance computing and quantum acceleration in one powerful\nhybrid environment. By connecting quantum concepts and algorithms with\nintelligent software tools and real-world applications, it will open new\npossibilities for scientific discovery and RDI, from materials and health to\nenergy and fundamental science. At the same time, it will help Europe build\nthe knowledge, skills, and capabilities needed for the next era of innovation,\nincluding the path toward fault-tolerant quantum computing,\" said Kimmo Koski,\nManaging Director of CSC – IT Center for Science.\n\n\"Already the first system delivered in 2027 will come with a state-of-the-art\nquantum processing unit (QPU) with 150 qubits. This is only the beginning,\nhowever. Over the next years, LUMI-IQ will evolve into a fault-tolerant\nquantum computer through a series of upgrades that increase both qubit count\nand performance, making the LUMI AI Factory a world-leading European hybrid\nplatform combining AI and quantum computing,\" describes Mikael Johansson,\nManager for Quantum Technologies at CSC – IT Center for Science.\n\nThe LUMI-IQ quantum computer will be jointly funded by the EuroHPC Joint\nUndertaking, Finland, Czechia, Norway and Poland.\n\nAs disclosed in IQM's prospectus on 1 July 2026, the total value of the\ncontract is approximately equal to IQM's total revenue for the financial year\nended 31 December 2025.\n\nThis announcement follows IQM's landmark dual listing on Nasdaq in the United\nStates and the Helsinki Stock Exchange in Finland, making it the first\nEuropean quantum computing company to be publicly traded.\n\nIQM has sold 23 quantum systems globally — more than any other quantum\nhardware manufacturer — with its systems integrated into four of the leading\nsupercomputing centers in the world.\n\nAbout CSC – IT Center for Science\n\nCSC is a Finnish center of expertise in ICT that provides world-class services\nfor research, education, culture, public administration and enterprises, to\nhelp them thrive and benefit society at large. www.csc.fi\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.csc.fi&esheet=54566994&newsitemid=20260708006791&lan=en-US&anchor=www.csc.fi&index=1&md5=7c484e6fe1155c7a49ac9eb81fccc266)\n\nAbout IQM Quantum Computers\n\nIQM Quantum Computers (Nasdaq: IQMX) is a global leader in superconducting\nquantum computers, delivering full-stack quantum systems and cloud platform\naccess to enterprises, research institutions, universities, high-performance\ncomputing centers, and national laboratories worldwide. IQM's on-premises\ndeployment model gives customers direct ownership and control of their quantum\ninfrastructure. Founded in 2018 and headquartered in Finland, with major\noperations in Munich, IQM employs over 400 people and operates across Europe,\nAsia, and North America. IQM is the first publicly listed European quantum\ncompany on Nasdaq Stock Market.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260708006791/en/\n(https://www.businesswire.com/news/home/20260708006791/en/)\n\nIQM Media contact: \n\nEmail: press@iqm.tech \n(mailto:press@iqm.tech) \nM: +49 151 1843 4887\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw2JTpQpa","title":"LUMI AI Factory Selects IQM to Deploy Advanced Quantum Computer, Accelerating Hybrid HPC and AI Development","author":"Business Wire","ticker":"IQMX","created":"2026-07-08T12:00:02.100Z","tickers":["IQMX"],"exchange":"NASDAQ","article_body":"LUMI AI Factory Selects IQM to Deploy Advanced Quantum Computer, Accelerating\nHybrid HPC and AI Development\n\n\n * The Halocene H4 quantum computer, named LUMI-IQ, will be delivered and\ninstalled in 2027\n\n * The system will be hosted at CSC – IT Center for Science in Finland and\nintegrated into the LUMI AI Factory\n\n * The system will provide researchers, industry innovators, and developers\nacross Europe with a unique, advanced experimental platform where quantum\ncomputing and artificial intelligence converge\n\nThe LUMI AI Factory, led by CSC – IT Center for Science, has selected IQM\nQuantum Computers (Nasdaq: IQMX) to deliver IQM Halocene H4, an advanced\nquantum computer aimed at accelerating hybrid high-performance computing,\nartificial intelligence, and quantum computing capabilities.\n\nThis press release features multimedia. View the full release here:\nhttps://www.businesswire.com/news/home/20260708006791/en/\n(https://www.businesswire.com/news/home/20260708006791/en/)\n\nLUMI AI Factory selects IQM to deploy advanced quantum computer, accelerating\nhybrid HPC and AI development\n\nIQM Halocene H4 is the first and most advanced on-premises superconducting\nquantum computer of its kind, combining quantum error correction with NISQ\nqubits. The system will be delivered in 2027, followed by a series of upgrades\ndelivered in multiple phases with an increasing number of logical qubits.\n\nThe IQM Halocene H4 and the upgraded systems will enable LUMI consortium\nusers, for the first time, to develop and implement Quantum Error Correction\n(QEC) concepts on a world-leading system.\n\nThe system will be used in joint R&D efforts towards fault-tolerant\nquantum computing and advancements in hybrid computing. This will support new\ninventions on the critical path to fault-tolerant quantum computing and to\nenable new commercialization opportunities.\n\nThis forward-looking development path ensures that European users can\nexperiment today while preparing for fully scalable quantum platforms\ntomorrow. The system will also provide European end-users with the\nhigh-performance quantum computing resources needed for research and\ninnovation, and for building national know-how and expertise.\n\n\"CSC and the LUMI AI Factory are exactly the kind of partners that define what\nproduction quantum computing looks like in practice — world-class HPC\ninfrastructure, a deep commitment to research excellence, and the ambition to\nlead rather than follow,\" said Jan Goetz, CEO and Co-founder, IQM Quantum\nComputers. \"Delivering IQM Halocene to CSC means Europe's most powerful\nquantum computer will sit at the heart of one of the world's leading research\ncomputing environments. This is a milestone for IQM, CSC, for Finland, and for\nthe European quantum ecosystem.\"\n\nThe system, named LUMI-IQ, will be integrated into the LUMI AI Factory at CSC\n– IT Center for Science, Finland's national center of expertise in\ninformation technology and home to the LUMI supercomputer, one of the world's\nmost powerful supercomputers.\n\nThis integration of quantum technologies with AI and high-performance\ncomputing opens the door to breakthroughs that classical computing alone\ncannot achieve. LUMI-IQ will comprise both hardware and software solutions,\noffering capabilities for research, development, and education.\n\n\"As part of the LUMI AI Factory, LUMI-IQ will bring together world-leading AI,\ndata, high-performance computing and quantum acceleration in one powerful\nhybrid environment. By connecting quantum concepts and algorithms with\nintelligent software tools and real-world applications, it will open new\npossibilities for scientific discovery and RDI, from materials and health to\nenergy and fundamental science. At the same time, it will help Europe build\nthe knowledge, skills, and capabilities needed for the next era of innovation,\nincluding the path toward fault-tolerant quantum computing,\" said Kimmo Koski,\nManaging Director of CSC – IT Center for Science.\n\n\"Already the first system delivered in 2027 will come with a state-of-the-art\nquantum processing unit (QPU) with 150 qubits. This is only the beginning,\nhowever. Over the next years, LUMI-IQ will evolve into a fault-tolerant\nquantum computer through a series of upgrades that increase both qubit count\nand performance, making the LUMI AI Factory a world-leading European hybrid\nplatform combining AI and quantum computing,\" describes Mikael Johansson,\nManager for Quantum Technologies at CSC – IT Center for Science.\n\nThe LUMI-IQ quantum computer will be jointly funded by the EuroHPC Joint\nUndertaking, Finland, Czechia, Norway and Poland.\n\nAs disclosed in IQM's prospectus on 1 July 2026, the total value of the\ncontract is approximately equal to IQM's total revenue for the financial year\nended 31 December 2025.\n\nThis announcement follows IQM's landmark dual listing on Nasdaq in the United\nStates and the Helsinki Stock Exchange in Finland, making it the first\nEuropean quantum computing company to be publicly traded.\n\nIQM has sold 23 quantum systems globally — more than any other quantum\nhardware manufacturer — with its systems integrated into four of the leading\nsupercomputing centers in the world.\n\nAbout CSC – IT Center for Science\n\nCSC is a Finnish center of expertise in ICT that provides world-class services\nfor research, education, culture, public administration and enterprises, to\nhelp them thrive and benefit society at large. www.csc.fi\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.csc.fi&esheet=54566994&newsitemid=20260708006791&lan=en-US&anchor=www.csc.fi&index=1&md5=7c484e6fe1155c7a49ac9eb81fccc266)\n\nAbout IQM Quantum Computers\n\nIQM Quantum Computers (Nasdaq: IQMX) is a global leader in superconducting\nquantum computers, delivering full-stack quantum systems and cloud platform\naccess to enterprises, research institutions, universities, high-performance\ncomputing centers, and national laboratories worldwide. IQM's on-premises\ndeployment model gives customers direct ownership and control of their quantum\ninfrastructure. Founded in 2018 and headquartered in Finland, with major\noperations in Munich, IQM employs over 400 people and operates across Europe,\nAsia, and North America. IQM is the first publicly listed European quantum\ncompany on Nasdaq Stock Market.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260708006791/en/\n(https://www.businesswire.com/news/home/20260708006791/en/)\n\nIQM Media contact: \n\nEmail: press@iqm.tech \n(mailto:press@iqm.tech) \nM: +49 151 1843 4887\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-07-08T12:00:02.984296625Z","server_sent_at_ms":1783512002984},"received_at":"2026-07-08T12:00:03.077Z","source_url":"https://www.businesswire.com/news/home/20260708006791/en/"},"analysis":{"id":"72297","press_release_id":"83238","analysis_json":{"industry":{"label":"Technology Hardware, Storage & Peripherals","sector":"Information Technology"},"redFlags":[],"eventType":"operations_update","narrative":"LUMI AI Factory, led by CSC, selected IQM Quantum Computers to deliver the Halocene H4 system, named LUMI-IQ, with delivery scheduled for 2027.\n\nThe contract value is approximately equal to IQM's total revenue for the fiscal year ended December 31, 2025, marking a significant commercial win for the company.\n\nThe initial installation will feature a 150-qubit quantum processing unit hosted at CSC in Finland, aiming to advance hybrid high-performance computing and artificial intelligence research.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Massive contract win equal to full-year FY2025 revenue validates IQM's commercial traction with a flagship European deployment."},"keyFigures":{"dealValueUsd":"approximately equal to IQM's total revenue for the financial year ended 31 December 2025","customDimensions":{"employees":400,"delivery_year":2027,"qubits_initial":150,"systems_sold_global":23}},"quotedText":"Delivering IQM Halocene to CSC means Europe's most powerful quantum computer will sit at the heart of one of the world's leading research computing environments.","namedEntities":{"people":[{"name":"Jan Goetz","role":"CEO and Co-founder"},{"name":"Kimmo Koski","role":"Managing Director of CSC"},{"name":"Mikael Johansson","role":"Manager for Quantum Technologies at CSC"}],"products":["IQM Halocene H4","LUMI-IQ"],"companies":[{"name":"CSC – IT Center for Science","relationship":"partner / customer"},{"name":"LUMI AI Factory","relationship":"partner / customer"},{"name":"EuroHPC Joint Undertaking","relationship":"funder"}],"dollarAmounts":[]},"materialImpact":{"score":4,"reasoning":"Contract value is approximately equal to IQM's total FY2025 revenue, representing a massive backlog addition and commercial validation. 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