IQM Quantum Computers, a quantum hardware company based in Espoo, Finland, began trading on Nasdaq on July 2 under the ticker IQMX after completing its business combination with Real Asset Acquisition Corp.
The listing makes IQM one of the few pure-play quantum computing companies on the public market and, according to the company, the first European quantum computing group to list on a major U.S. exchange. IQM said the transaction leaves it with a pro forma cash position of €337 million.
Founded by Dr Jan Goetz and Mikko Välimäki, IQM develops full-stack superconducting quantum computers spanning qubit design, cryogenic hardware, control software, and cloud access, while also supplying on-premises systems to institutional customers. The company said it enters the public market with 23 quantum computers sold globally, highlighting commercial traction at a time when investors are closely watching whether quantum computing can move from research into broader deployment.
The listing makes IQM one of the few pure-play quantum computing companies on the public market and, according to the company, the first European quantum computing group to list on a major U.S. exchange. IQM said the transaction leaves it with a pro forma cash position of €337 million.
Founded by Dr Jan Goetz and Mikko Välimäki, IQM develops full-stack superconducting quantum computers spanning qubit design, cryogenic hardware, control software, and cloud access, while also supplying on-premises systems to institutional customers. The company said it enters the public market with 23 quantum computers sold globally, highlighting commercial traction at a time when investors are closely watching whether quantum computing can move from research into broader deployment.