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IQM Quantum Computers said it has been purchased its full-stack 20-qubit quantum computer by TOYO Corporation, describing the deal as the first enterprise quantum system deployment in Japan.
The Radiance 20-qubit system will be available in both on-premises and cloud environments and is scheduled for delivery by the end of 2026. IQM said the deployment will expand its installed base across the Asia-Pacific region, where it has already deployed systems in South Korea and Taiwan.
TOYO will operate the quantum computer to support Japanese enterprises and researchers in developing quantum use cases. The company also plans to integrate the system with high-performance computing (HPC) infrastructure and to build the technical workforce required by Japan’s quantum strategy.
IQM said Japan has one of the largest publicly funded national quantum programs and has set ambitious targets, including 10 million domestic users of quantum technologies and 50 trillion yen in quantum-generated production value by 2030. The company said achieving these goals requires institutions that own, operate, and grow with real quantum hardware.
Jan Goetz, CEO and Co-founder of IQM Quantum Computers, said: “Leading enterprises are building real quantum capabilities by owning the infrastructure, operating it, and growing with it. TOYO's commitment to this approach represents an important step in realizing Japan's national quantum strategy based on IQM's leading quantum computing technology.”
Toshiya Kohno, Representative Director, President and CEO of TOYO Corporation, said: “Quantum technology is an essential strategic field for future economic growth, especially for the new era of Japanese manufacturing. The competition for practical implementation—such as integration with HPC, use-case development, and business talent development—has already begun, moving beyond theory and research. With the cooperation of IQM, we will promote the social implementation of quantum technologies in Japan ahead of the world.”
IQM Quantum Computers describes itself as a provider of full-stack superconducting quantum systems and cloud platform access for research institutions, universities, high-performance computing centers, and national laboratories. The company said its on-premises deployment model gives customers direct ownership and control of their quantum infrastructure. Founded in 2018 and headquartered in Finland, IQM said it has more than 350 employees and operates across Europe, Asia, and North America. IQM also said it has announced plans to become the first publicly listed European quantum company on a major U.S. stock exchange by merging with Real Asset Acquisition Corp. (Nasdaq: RAAQ), with a dual listing on the Helsinki Stock Exchange also under consideration.
TOYO Corporation, headquartered in Tokyo, said it provides advanced measurement solutions. The company lists business segments including Sustainable Energy, Advanced Mobility, ICT (Information and Communication Technologies) and Information Security, EMC (Electromagnetic Compatibility) and Antenna Systems, Defense and Security, Ocean, Software Quality and Productivity, Life Science, and Quantum Solutions. TOYO said it invests in R&D to develop in-house technologies and products and pursues growth through new business investment, M&A, and expanding its global market presence.
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