IQM Quantum Computers has signed an agreement with Brazil’s Eldorado Research Institute for the deployment of a Spark quantum computer.

Under the terms of the deal, the institute will also gain remote access to IQM’s 54-qubit cloud-based system, housed in Europe.

The quantum computer will be the first deployed by IQM in South America and will be installed at Eldorado’s Campinas headquarters, about 100km (62 miles) northwest of São Paulo, in the first quarter of 2027.

IQM’s Spark quantum computers have been specifically tailored for universities and research labs, offering high single-qubit and two-qubit gate fidelity, which the company says allows for reliable and accurate quantum applications. The systems come equipped with an “advanced cryogenic system” that operates at a temperature of about 20 millikelvin, close to absolute zero (-273.15°C or -459.67°F).

Once deployed, the Spark system will be made available to Brazilian researchers, universities and industry partners to support the development of quantum algorithms, hardware and software research, and hybrid HPC-quantum-AI applications.

“Brazil has the talent, the research base and the ambition to build a real quantum ecosystem. What’s been missing is direct access to real quantum computers. Eldorado owning this system means Brazilian researchers, engineers and industry partners can start building real capability today, not waiting years to catch up,” said Jan Goetz, CEO and co-founder of IQM Quantum Computers. “This is our first step into South America, and we’re approaching it the same way we have everywhere else: with a partner who wants to grow with their own infrastructure and shape how it’s used.”

José Bertuzzo, superintendent of the Eldorado Research Institute, added: “Quantum computing has the potential to transform how we address some of the most complex technological and industrial challenges. By bringing this infrastructure to Eldorado, combined with access to more advanced quantum computing capabilities, we are not only investing in technology, we are investing in people, knowledge and an ecosystem that will prepare Brazil to actively participate in the quantum future.”

The announcement comes in the same week that Japan’s Toyo Corporation revealed it had purchased a second quantum computer from the Finnish quantum firm. According to IQM, that Spark system will be installed in Toyo’s R&D center in Kiba, Tokyo, and is expected to be operational in early 2027.

Founded in Helsinki, Finland, in 2018, IQM brings full-stack quantum computers and applications to HPCs, research institutes, universities, and business enterprises. The company operates quantum data centers in Finland and Munich, Germany, offering cloud-based access to its systems. It has delivered quantum systems to supercomputing centers in South Korea, Poland, Italy, and Taiwan.

In July 2026, the company began trading on the Nasdaq, having completed its Special Purpose Acquisition Company (SPAC) merger with Real Asset Acquisition Corp. (RAAQ).